ARTICLES LABELLED WITH TAG Romania

News Eden Capital Development starts new resi project in Bucharest
06
Jun
2022

Eden Capital Development starts new resi project in Bucharest

by Property Forum
Romanian property company Eden Capital Development has secured the construction permit for a new residential complex in northern Bucharest and plans to kick off the building phase this autumn.
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News Office lease contracts in Bucharest shortened to 3 years
02
Jun
2022

Office lease contracts in Bucharest shortened to 3 years

by Property Forum
As the pandemic-related restrictions have been lifted, large occupiers have returned to the office, most of them in a hybrid setup, while the office lease periods have fallen from 5 to 3 years, according to an analysis of real estate consultancy Crosspoint Real Estate. 
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News Globalworth secures green loan from IFC
01
Jun
2022

Globalworth secures green loan from IFC

by Property Forum
Property group Globalworth has inked a 6-year green loan deal worth €85 million with the International Finance Corporation (IFC), which is a member of the World Bank.
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News Cluj-Napoca remains the most expensive resi market in Q1 2022
30
May
2022

Cluj-Napoca remains the most expensive resi market in Q1 2022

by Property Forum
Apartments in Cluj-Napoca have the biggest sale prices in Romania, with owners asking for an average of €2,240 per sqm in the first quarter, which was up 21% compared to the same period of last year, shows a report by Imobiliare.ro platform. 
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News New Mercure hotel to open in Alba Iulia
30
May
2022

New Mercure hotel to open in Alba Iulia

by Property Forum
French group Accor will open a new Mercure hotel in Alba Iulia in the second quarter of 2024. The new Mercure Alba Iulia Cetate hotel will feature 112 rooms and apartments and facilities such as a restaurant, SPA and conference room. 
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News America House in Bucharest completes refurbishment
30
May
2022

America House in Bucharest completes refurbishment

by Property Forum
The America House office building in central Bucharest was refurbished as part of a €10 million investment that included the upgrading of the exterior ground floor area and the extension of green spaces. 
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News Nordis kicks off resi/hotel investment in Brașov
30
May
2022

Nordis kicks off resi/hotel investment in Brașov

by Property Forum
Romanian developer Nordis has started the construction of a new hotel and residential complex in Brașov. The new project will be completed by the end of 2023 following an investment of €26.4 million. 
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News Synergy Construct to open new retail park in Bucharest
30
May
2022

Synergy Construct to open new retail park in Bucharest

by Property Forum
Romanian construction firm Synergy Construct will open in September a new retail park in northern Bucharest, next to highway A3, following an investment of €15 million. 
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News Survey: Romanians want offices with leisure options
27
May
2022

Survey: Romanians want offices with leisure options

by Property Forum
Romanians want offices where they have options for networking and interacting both at work and in their free time, a trend that is increasingly visible around the world, according to a survey commissioned by local developer Genesis Property. 
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News NEPI Rockcastle resi project in Bucharest reaches 35% sale rate
25
May
2022

NEPI Rockcastle resi project in Bucharest reaches 35% sale rate

by Property Forum
NEPI Rockcastle says it has reached a 35% sale rate for its first residential project in Bucharest in the first seven months of development.
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Latest news


New leases

  • International luxury brand Rituals is joining the IULIUS retail network. This autumn, it will open new stores in the mixed-use developments Iulius Town Timișoara and Palas Iași, as well as in Iulius Mall Cluj.
  • Stay Fit Gym has leased approximately 1,000 sqm for a new fitness centre, which will open in the Family Market Tomești retail park, developed by Iulius in the Iași region.
  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.

New appointments

  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.
  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.

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