ARTICLES LABELLED WITH TAG Romania

News One North Gate office building near Bucharest for sale
01
Feb
2022

One North Gate office building near Bucharest for sale

by Property Forum
Romanian developer One United Properties confirmed that it was looking to sell the main office building within the One North Gate project in northern Bucharest. 
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News Genesis Property: 6 workspace design trends to follow in 2022
31
Jan
2022

Genesis Property: 6 workspace design trends to follow in 2022

by Property Forum
The pandemic has radically changed the way we relate to workspaces, so the way they are designed and conceived must also adapt. Existing office design patterns must either be forgotten or rewritten as it has become clearer and clearer that the rules of the game have changed and fresh creative ideas are needed to overcome challenges in today’s office lives. Looking forward, 6 major trends are defining the offices of the future, according to Genesis Property’s expert, Dan Bondar.
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News Hotel operators look to expand in Romania
31
Jan
2022

Hotel operators look to expand in Romania

by Property Forum
Hotel investments in Romania are starting to recover and only in Bucharest four hotels were sold for an estimated €19.2 million during 2021.  
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News Iulius Mall Suceava to undergo €40 million expansion
31
Jan
2022

Iulius Mall Suceava to undergo €40 million expansion

by Property Forum
Romanian developer Iulius will invest €40 million to expand the Iulius Mall Suceava project with 14,000 sqm in a bid to add new retailers as well as leisure and food operators. 
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News Home sales in Bucharest up 40% in 2021
31
Jan
2022

Home sales in Bucharest up 40% in 2021

by Property Forum
Around 50,000 apartments were transacted on the Bucharest market in 2021, up 40% year-on-year, while some 67,000 new residential units were completed across Romania in the same period, according to a report by real estate consultancy Colliers. 
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News Forty Management expects revenues of €80 million in 2022
31
Jan
2022

Forty Management expects revenues of €80 million in 2022

by Property Forum
Romanian developer Forty Management expects a turnover of 397 million lei (€80 million) and a net profit of 188 million lei (€38 million) in 2022, while total investments in residential projects across Bucharest will reach 155 million(€31.3 million).
Read more >
News Praktiker Real Estate buys Vitantis Shopping Center in Bucharest
28
Jan
2022

Praktiker Real Estate buys Vitantis Shopping Center in Bucharest

by Property Forum
Revetas Capital has sold Vitantis Shopping Center in Bucharest, with a leasable area of around 50,000 sqm, to Praktiker Real Estate, owned by businessman Omer Susli, for an undisclosed sum, according to economedia.ro. 
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News Global Vision invests in industrial park near Bucharest Airport
27
Jan
2022

Global Vision invests in industrial park near Bucharest Airport

by Property Forum
Romanian developer Global Vision will invest €70 million in Bucharest Airport Park near Otopeni Airport. The first development phase of the new logistics project will kick off this year and the first warehouse could have a leasable area up to 10,000 sqm, depending on demand, said Sorin Preda, Global Vision’s CEO, according to zf.ro.
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News Scallier to develop new retail park in Vaslui
27
Jan
2022

Scallier to develop new retail park in Vaslui

by Property Forum
Polish developer Scallier has secured a building permit for a new retail park with a leasable area of 9,975 sqm in Vaslui, Eastern Romania.
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News Prima Development delivers €23 million resi project in Bucharest
27
Jan
2022

Prima Development delivers €23 million resi project in Bucharest

by Property Forum
Prima Development Group has announced the completion of the Core Timpuri Noi residential project in Bucharest following an investment of €23 million.
Read more >

Latest news


New leases

  • Elegance Decor, the home & deco company, has leased 400 sqm in Bucharest-based Equilibrium 1 for its new office. The building has a total leasable area of 20,700 sqm and was developed by Skanska.
  • Majorel Polska, an international outsourcing services provider has extendied a lease agreement for the next 2 years and leased additional 400 meters for a new project - IT Hub in recently modernised Globis Poznań by GTC. It now occupies 3 200 sqm of A-class workspace. CBRE has advised Majorel Polska on concluding the lease contract.
  • NEPI Rockcastle Poland has extended its office lease agreement and enlarged its premises in the Cosmopolitan Twarda 4 building in Warsaw city centre. The shopping centre owner and operator now occupies 1,500 sqm of offices in the building.

New appointments

  • AXI IMMO decided to develop and expand its operational activity with an offer of complex services in property valuation. Grzegorz Chmielak was appointed as the Head of the new service line, and he will also manage the Capital Markets Department.
  • Tamás Kiss has joined Hungarian asset management company Diófa Alapkezelő Zt. and has been appointed deputy CEO. Previously he worked for several brokerage firms as a director of asset management and director of investment or compliance unit.
  • Tomasz Pietrzak, with MLP Group for more than five years, has been promoted to the position of Leasing Director Poland. Until recently responsible for the commercialisation of warehouse space in the Warsaw region, now he will manage leases across Poland.


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