ARTICLES LABELLED WITH TAG Romania

News AFI Europe gets health certification for Romanian offices
03
Mar
2022

AFI Europe gets health certification for Romanian offices

by Property Forum
AFI Europe Romania says that all its office portfolio comprising seven projects has received the Well Health-Safety Certification.  
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News WDP sees significant potential in Romania’s logistics market
01
Mar
2022

WDP sees significant potential in Romania’s logistics market

by Ovidiu Nicolae
With around 122,000 sqm of new industrial space under development in Romania, WDP is seeing growing demand across its entire portfolio. Property Forum talked to Gijs Klomp, Business Development Manager at WDP Romania, about the new demand drivers and the investment potential in areas where infrastructure development is accelerating.
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News Evergent to develop mixed-use project in Iași
01
Mar
2022

Evergent to develop mixed-use project in Iași

by Property Forum
Evergent Investments, a financial company listed on the Bucharest Stock Exchange (BVB), has announced the development of a new mixed-use project in Iași with an estimated value above €100 million. 
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News Grand Hotel Bucharest kicks off renovation works
28
Feb
2022

Grand Hotel Bucharest kicks off renovation works

by Property Forum
Bergam Design House will manage the renovation process of Grand Hotel Bucharest, former Intercontinental Bucharest, as part of an €21 million investment that will be completed in 2024. 
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News One United Properties records sharp increase in profits
28
Feb
2022

One United Properties records sharp increase in profits

by Property Forum
Romanian developer One United Properties recorded revenues of 1.1 billion lei (€222 million) during 2021, up 105% year-on-year, while the gross profit expanded almost two-fold to 603.5 million lei (€122 million) over higher residential sales and increased rental income. 
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News Investing in sustainability is necessary – and it makes financial sense too
28
Feb
2022

Investing in sustainability is necessary – and it makes financial sense too

by Ákos Budai
There is scepticism in the market regarding the correlation between sustainability and financial performance but it is beneficial to be sustainable if you consider the overall life-cycle of the building, explains Oana Stamatin, ESG Chief Officer | CEE & Romania at Colliers. She talked to Property Forum about the challenges and opportunities owners of real estate face in striving for ESG compliance. 
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News Impact Developer & Contractor reports higher residential sales in 2021
25
Feb
2022

Impact Developer & Contractor reports higher residential sales in 2021

by Property Forum
Romania's Impact Developer & Contractor says it sold 430 residential units during 2021, of which pre-sold apartments sales gained 37% to 250 million lei (€50.5 million), while the rest of 183 units were worth 138 million (€27.8 million). 
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News Fashion House Group expands Bucharest outlet centre
24
Feb
2022

Fashion House Group expands Bucharest outlet centre

by Property Forum
Fashion House Outlet Centre Pallady will undergo an expansion of 5,674 sqm roughly one year after the delivery of the first phase of the project located on the eastern outskirts of Bucharest. 
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News Home listing prices in Romania up 3.4% in Q4 2021
23
Feb
2022

Home listing prices in Romania up 3.4% in Q4 2021

by Property Forum
List prices for residential properties in Romania rose by 3.4% in the last quarter of 2021 compared to the previous three months. 
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News New office supply in Bucharest to hit 5-year low in 2022
23
Feb
2022

New office supply in Bucharest to hit 5-year low in 2022

by Property Forum
With six new office buildings slated for delivery this year, the leasable stock will grow by 135,700 sqm, which is the lowest level since 2017, according to real estate consultancy CBRE.
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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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