ARTICLES LABELLED WITH TAG Romania

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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News - ELBI leases 15,000 sqm in P3 Bucharest A1
24
May
2022

ELBI leases 15,000 sqm in P3 Bucharest A1

by Property Forum
ELBI, the supplier of low power equipment, has leased 15,000 sqm in P3 Bucharest A1 and will start operating the warehouse in November 2022 following an investment of €3 million.
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News - AFI completes refurbishment of Bucharest office building
23
May
2022

AFI completes refurbishment of Bucharest office building

by Property Forum
AFI Europe Romania has completed the refurbishment of all public areas within its AFI Lakeview office building in Bucharest following an investment of around €2 million. 
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News - SIF Banat-Crișana’s Bucharest land purchase challenged in court
23
May
2022

SIF Banat-Crișana’s Bucharest land purchase challenged in court

by Property Forum
Tabogo Property, a company owned by Canadian investor Michael Topolinski, has challenged in court SIF Banat-Crișana’s purchase of a land plot in Bucharest. The financial company won the €33.59 million tender for Belvedere Cigarette Factory last week.
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News - Plaza Centers seeks damages from Romania in court
23
May
2022

Plaza Centers seeks damages from Romania in court

by Property Forum
Property developer Plaza Centers is seeking €262.2 million in damages from the Romanian state, alleging that it recorded massive losses from the Casa Radio project in Bucharest. The company filed a complaint with the International Centre for Settlement of Investment Disputes (ICSID) in Washington. 
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News - Bucharest-based Golden Tulip Victoria hotel sold
23
May
2022

Bucharest-based Golden Tulip Victoria hotel sold

by Property Forum
Hotel group Real Estate&Constructii, controlled by David Fattal, has completed the acquisition of Golden Tulip Victoria hotel in Bucharest, according to rhn.ro. 
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News - Bucharest’s office vacancy rate at 16.5% in Q1 2022
20
May
2022

Bucharest’s office vacancy rate at 16.5% in Q1 2022

by Property Forum
The vacancy rate in Bucharest’s office market remained flat at 16.5% in the first quarter of 2022, similar to last year, although there is a growing gap between Class A projects and older buildings in areas with lower demand, according to real estate consultancy Colliers. 
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Latest news


New leases

  • Kanał Sportowy, one of Poland’s leading sports media platforms, and Zdrofit, the country’s largest fitness club chain, will continue their presence at Konstruktorska Business Center in Warsaw. Kanał Sportowy will maintain its lease of 512 sqm, while Zdrofit will continue to occupy 1,000 sqm.
  • Expur has leased 940 sqm for its new offices in Business Garden Bucharest, owned by Vastint Romania. The deal was brokered by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
  • GTX Romania has leased 2,700 sqm in VLParks Bucharest West, in a deal brokered by iO Partners.

New appointments

  • Artur Apostoł joins Griffin Capital Partners as Co-Managing Partner to lead the company’s real estate activities together with Marek Obuchowicz, who has been promoted to Co-Managing Partner. Artur and Marek are taking over responsibilities from Piotr Fijołek, who transitions from an active role and will continue supporting the firm as Senior Advisor. These appointments mark the completion of a leadership transformation aligned with the company’s dynamic growth and long-term strategy.
  • CBRE Hungary has named Anna Zhang as Business Development Manager, while Antoine Fromental takes on the role of Hotel Investment Analyst. Zhang is tasked with developing partnerships with Far Eastern clients and strengthening business relations in CEE markets. She previously served on the PwC Hungary China Desk team. Fromental joins the firm after roles at B&B Hotels and Cushman & Wakefield, where he contributed to various European hotel development, valuation, and market research projects.
  • Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.

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