ARTICLES LABELLED WITH TAG Romania

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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News - Nordis Group adds new shareholders
20
May
2022

Nordis Group adds new shareholders

by Property Forum
Romanian developer Nordis Group has added Daniel Penciuc (left in picture) and Florin Poștoacă as shareholders, each with stakes of 5% in Nordis Management. Following the move, the group’s number of shareholders rose to six. 
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News - Square 7 Properties buys land in Mediaș
20
May
2022

Square 7 Properties buys land in Mediaș

by Property Forum
Square 7 Properties, the country partner for Romania of Mitiska REIM, has purchased a land plot of 30,000 sqm in Mediaș for an undisclosed sum. 
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News - SIF Banat Crișana buys land in Bucharest
19
May
2022

SIF Banat Crișana buys land in Bucharest

by Property Forum
Financial company SIF Banat Crișana has purchased a land plot in Bucharest that hosted an industrial platform for Interagro, a company that is currently under administration, according to Economica.net. 
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News - Țiriac Imobiliare delivers office project in central Bucharest
17
May
2022

Țiriac Imobiliare delivers office project in central Bucharest

by Property Forum
Romanian developer Țiriac Imobiliare has officially opened its new office project in central Bucharest, located near Victoriei Square. 
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News - HAVI reports sustainability results from Chitila Logistics Hub
17
May
2022

HAVI reports sustainability results from Chitila Logistics Hub

by Property Forum
Supply chain operator HAVI says it will obtain a reduction of carbon emissions by 7,000 tonnes over its 10-year lease in Chitila Logistics Hub, where it has been present for six months. 
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News - IMPACT Developer & Contractor records Q1 profit growth of 49%
17
May
2022

IMPACT Developer & Contractor records Q1 profit growth of 49%

by Property Forum
Romanian IMPACT Developer & Contractor has recorded a gross profit of 16.7 million lei (€3.3 million) in the first quarter of 2022, up 49% compared to the same period of last year over higher residential sales. 
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Latest news


New leases

  • 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.
  • Vitalaire Romania, a subsidiary of the Air Liquide Group, has relocated its offices to Bucharest-based One Cotroceni Park, 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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