ARTICLES LABELLED WITH TAG romania

News - Hagag Development Europe names new CEO
27
Sep
2022

Hagag Development Europe names new CEO

by Property Forum
Andreea Mihai has been appointed as the new CEO of Hagag Development Europe, tasked with overseeing the development of the Romanian operations. 
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News - Scallier opens fourth retail park in Romania
26
Sep
2022

Scallier opens fourth retail park in Romania

by Property Forum
Polish retail developer Scallier has completed four retail parks in Romania to date, after the opening of a new project spanning 9,000 sqm in Turda in late September. 
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News - Planned retail parks in Romania exceed 500,000 sqm
26
Sep
2022

Planned retail parks in Romania exceed 500,000 sqm

by Property Forum
The total stock of retail park spaces in Romania will exceed the supply of commercial spaces located in shopping malls if the current investment activity continues, according to a report by real estate consultancy Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance. 
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News - Globalworth reports strong increase in net profit
20
Sep
2022

Globalworth reports strong increase in net profit

by Property Forum
In the first half of the year, Globalworth’s net profit significantly improved to €32.6 million (H1 2021: €12.5 million) due to a fair value gain on investment property and an increase in the share of profit of equity-accounted investments in joint ventures. Globalworth released its interim report and unaudited consolidated financial results for H1 2022.
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News - Companies in Romania boost spending for office events
20
Sep
2022

Companies in Romania boost spending for office events

by Property Forum
Companies are now concerned with creating the best conditions to meet the employees’ needs as they resume work in the office buildings, according to data from real estate consultancy Cushman & Wakefield Echinox.
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News - Oasis Group starts new phase of retail project in Sibiu
20
Sep
2022

Oasis Group starts new phase of retail project in Sibiu

by Property Forum
Oasis Retail Development & Consulting, owned by Sibiu-based Klaus Reisenauer and Kurt Wagner, has started the second development phase of the Prima Shopping Center project in Sibiu, following an investment of €30 million.
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News - Office leasing in Romania down in H1 2022
16
Sep
2022

Office leasing in Romania down in H1 2022

by Property Forum
The office leasing market in Romania has recorded a fall of 18% in gross take up in the first half of 2022 compared to the same period of last year, although Bucharest has seen a slight increase, according to a report by real estate consultancy JLL Romania.
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News - Romanian banker to invest in Bucharest apartments
15
Sep
2022

Romanian banker to invest in Bucharest apartments

by Property Forum
Horia Ciorcilă, one of the founders of Banca Transilvania, Romania’s biggest lender by assets and Evergent Investments are jointly planning the development of a residential project in northern Bucharest.
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News - Iulius refinances Romanian retail portfolio
12
Sep
2022

Iulius refinances Romanian retail portfolio

by Property Forum
Romanian developer Iulius and its partner Atterbury Europe have secured a financing deal worth €410 million for its national network of shopping centres in four Romanian cities. 
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News - Meta Estate Trust exits Bucharest resi project
12
Sep
2022

Meta Estate Trust exits Bucharest resi project

by Property Forum
Romanian property holding Meta Estate Trust received €4.8 million after exiting its investment in Bucharest-based Smart Residence Lujerului.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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