ARTICLES LABELLED WITH TAG romania
20
Oct
2022
Oct
2022
GTC completes refurbishment of Bucharest office project
Property developer GTC has completed the refurbishment of its City Gate Complex office project in Bucharest following an investment of €3.5 million.
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19
Oct
2022
Oct
2022
Bucharest hits 5-year office delivery low
While Bucharest’s office stock totaled 3.3 million sqm at the end of the third quarter of 2022, there were only five new office buildings completed and just another one will be delivered by year-end, which would make it a 5-year low for the market, according to real estate consultancy CBRE.
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13
Oct
2022
Oct
2022
Global Vision and Globalworth start new project in Târgu Mureș
Global Vision and Globalworth Industrial are expanding their joint portfolio with Mureș City Logistics, an industrial and logistics last mile project with a total leasable area of 18,000 sqm. The new investment is slated for delivery in Q1 2023.
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12
Oct
2022
Oct
2022
NEPI Rockcastle buys stake in Ploiești Shopping City
Investment fund NEPI Rockcastle has taken over the stake held by Carrefour in Ploiești Shopping City for an undisclosed sum. Following the transaction concluded in September, NEPI Rockcastle has become the sole shareholder of the shopping centre.
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11
Oct
2022
Oct
2022
Self-storage market in Romania reaches 25,000 sqm in 2022
The Romanian self-storage market has reached a leasable area of 25,000 sqm in 2022, which was just 0.2% of the total European market, according to real estate consultancy CBRE.
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11
Oct
2022
Oct
2022
Bog’Art completes Bucharest resi project
Romanian construction group Bog’Art has completed the development of its own luxury residential project Art City in northern Bucharest, which is valued at more than €20 million.
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11
Oct
2022
Oct
2022
Property Forum Awards 2022 – Shortlist announced
Property Forum is excited to announce the shortlist of nominees for its annual SEE Property Forum Award Ceremony which celebrates the best projects, most impactful transactions and most inspiring personalities of the Romanian market. The winners will be selected by a jury committee comprising leading real estate professionals and the recipients will be announced at our Awards Gala and Exclusive Networking Party on 25 October, part of our annual SEE Property Forum conference.
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10
Oct
2022
Oct
2022
Industrial leasing in Romania posts strong performance in Q3 2022
Close to 50% of the warehousing surfaces for which lease contracts were signed in 2022 were transacted during July – September of this year, according to real estate consultancy Dunwell Industrial Brokerage.
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06
Oct
2022
Oct
2022
Property investments in Romania up 16.5% by Q3 2022
Investment transactions in Romania’s commercial property sector amounted to €656 million in the first three quarters of 2022, which was up 16.5% compared to the same period of last year, with offices driving deal volumes, according to real estate consultancy JLL Romania.
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06
Oct
2022
Oct
2022
Prime Kapital to start new resi investment in Timișoara
Property developer and investor Prime Kapital has announced a new urban regeneration project on a 5.6-hectare plot near the Bega river in Timișoara.
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Latest news
- Speedwell starts €135 million villa project near Bucharest
- PPF Real Estate on track to deliver new Bucharest office this year
- Prague office pipeline exceeds 300,000 sqm
- Frontex prolongs 21,500 sqm office lease at Warsaw Spire B
- Romanian logistics market sees falling demand in Q1 2026
- Monopolis in Łódź gets new majority owner as Virako sells stake
- SCF acquires seventh Polish shopping centre from CBRE IM
- MLP Group achieves record industrial leasing in Q1 2026
- Selective capital, structural shifts and ESG pressure reshape investment strategies
- Falcon Investment Management to deliver 12,000 sqm retail centre in Poland next year
New leases
- TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.
- Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
- EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
New appointments
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
