ARTICLES LABELLED WITH TAG romania
27
May
2022
May
2022
Survey: Romanians want offices with leisure options
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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25
May
2022
May
2022
NEPI Rockcastle resi project in Bucharest reaches 35% sale rate
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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24
May
2022
May
2022
ELBI leases 15,000 sqm in P3 Bucharest A1
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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23
May
2022
May
2022
AFI completes refurbishment of Bucharest office building
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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23
May
2022
May
2022
SIF Banat-Crișana’s Bucharest land purchase challenged in court
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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23
May
2022
May
2022
Plaza Centers seeks damages from Romania in court
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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23
May
2022
May
2022
Bucharest-based Golden Tulip Victoria hotel sold
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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20
May
2022
May
2022
Bucharest’s office vacancy rate at 16.5% in Q1 2022
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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20
May
2022
May
2022
Nordis Group adds new shareholders
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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20
May
2022
May
2022
Square 7 Properties buys land in Mediaș
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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Latest news
- Capturing yield in CEE: Gránit AM’s playbook for the next market cycle
- Accor to open new Mercure hotel in Craiova
- Świecie unveils masterplan for Teutonic Castle revival
- Big Poland acquires retail park in Dzierżoniów
- Star Invest launches €12 million capital raise for office deal in Bucharest
- LCN exits Croatian Konzum grocery store portfolio
- Why are Baltic investors increasingly looking at Poland?
- B+N Group rebrands as Liwo Group for European expansion
- P3 Poznań Park secures over 60,000 sqm in lease renewals
- IGD sells building in Turda to municipality
New leases
- REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
- RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.
- Gaya Studios has 190 sqm in Green Gate office complex, in a deal brokered by Rustler Romania.
New appointments
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
