ARTICLES LABELLED WITH TAG Romania

News Griffes closes deals amounting to €95 million in 2024
13
Jan
2025

Griffes closes deals amounting to €95 million in 2024

by Property Forum
Romanian real estate agency Griffes has closed lease deals worth more than €95 million in 2024, with Bucharest holding 75% of the total volumes. 
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News Mortage rates in Romania remain among lowest in EU
09
Jan
2025

Mortage rates in Romania remain among lowest in EU

by Property Forum
Romania remains one of the countries with the lowest mortgage penetration rates in the European Union, according to a Colliers’ analysis.  
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News IWG opens new coworking space in Bucharest
09
Jan
2025

IWG opens new coworking space in Bucharest

by Property Forum
IWG is opening a new coworking location under the Spaces brand in Bucharest-based Vastint Business Garden building that will focus on hybrid work demand.
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News Ahold Delhaize completes Profi acquisition in Romania
07
Jan
2025

Ahold Delhaize completes Profi acquisition in Romania

by Property Forum
Ahold Delhaize has completed the acquisition of Romanian food retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately €1.3 billion, the Belgian retailer announced in a press release. 
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News MAS sells strip malls in Romania for €49 million
21
Dec
2024

MAS sells strip malls in Romania for €49 million

by Property Forum
MAS has entered an agreement for the disposal of all its strip malls in Romania to M Core Group for €49 million. The deal pending approval from local authorities could be completed by March 2025.
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News Hilton enters Timișoara’s hotel market
19
Dec
2024

Hilton enters Timișoara’s hotel market

by Property Forum
Tresor Le Palais in Timișoara has joined the Curio Collection by Hilton brand, marking the first transformation of this kind on the local market. 
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News Investors in Romania expect growth in logistics during 2025
18
Dec
2024

Investors in Romania expect growth in logistics during 2025

by Property Forum
Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.
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News Bellemonde signs design deal for resi project near Bucharest
18
Dec
2024

Bellemonde signs design deal for resi project near Bucharest

by Property Forum
Bellemonde, the developer of a residential and villa complex near Bucharest, has signed a partnership with Hype Project, the premium architecture and interior design studio founded by architect Victor Grosu. 
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News Altex buys Brico Dépôt Romania for €70 million
18
Dec
2024

Altex buys Brico Dépôt Romania for €70 million

by Property Forum
Altex Romania retailer has purchased DIY network Brico Dépôt Romania from Kingfisher in a deal worth €70 million. The closing is expected to take place in H1 2025. 
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News Bulgaria to drive growth in EE construction sector in 2025
17
Dec
2024

Bulgaria to drive growth in EE construction sector in 2025

by Property Forum
The biggest growth in Eastern Europe is foreseen in Bulgaria going into 2025, while the rest of the countries are projected to make side moves in the coming years, according to a report by the Eastern European Construction Forecasting Association (EECFA).
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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