ARTICLES LABELLED WITH TAG Romania

News RE/MAX Romania transaction activity tops €300 million in 2021
25
Jan
2022

RE/MAX Romania transaction activity tops €300 million in 2021

by Property Forum
Real estate consultancy RE/MAX Romania brokered property deals worth more than €300 million in 2021 and almost doubled its commission income to €10.5 million. 
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News Art Property to boost residential management operations in Romania
21
Jan
2022

Art Property to boost residential management operations in Romania

by Property Forum
Art Property, the developer of the €20 million Art City residential complex in Bucharest, is looking to expand its presence in the property management field and appointed a new management team to implement the operational plans. 
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News Portico Investments makes new retail purchase in Bucharest
21
Jan
2022

Portico Investments makes new retail purchase in Bucharest

by Property Forum
Portico Investments has purchased a new Profi store in Bucharest, in a bid to expand its Romanian portfolio. 
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News Yellow Tree buys office building in central Bucharest
21
Jan
2022

Yellow Tree buys office building in central Bucharest

by Property Forum
Property group Yellow Tree has acquired an office building near Victoriei Square from a company that is under administration.  
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News Primark to open first store in Bucharest by year-end
20
Jan
2022

Primark to open first store in Bucharest by year-end

by Property Forum
International retailer Primark has announced the opening of its first store in Romania as part of an expansion bid in Central and Eastern Europe. The new store will start operations towards the end of this year and will be located in Bucharest-based ParkLake Shopping Centre, owned by Sonae Sierra.
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News CTP’s industrial portfolio in Romania reaches 2.1 million sqm
20
Jan
2022

CTP’s industrial portfolio in Romania reaches 2.1 million sqm

by Property Forum
CTP’s portfolio of industrial and logistics spaces in Romania reached 2.1 million sqm in January 2022, with representatives of the company suggesting that the country can become a logistics hub for the region. 
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News Griffes plans further expansion in Romania and beyond
19
Jan
2022

Griffes plans further expansion in Romania and beyond

by Ákos Budai
2021 was a busy year for Romanian real estate agency Griffes with 44,000 sqm of office space leased, a new project as co-investor and the company’s first international leasing mandate. Andreea Paun, Managing Partner and Founder of Griffes talked to Property Forum about the results of last year and shared the company’s expansion plans for 2022.
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News Romania’s construction industry is set to grow in 2022 and 2023
19
Jan
2022

Romania’s construction industry is set to grow in 2022 and 2023

by Property Forum
According to the forecast of EECFA, the Romanian construction industry is poised to grow in both 2022 and 2023. The main drivers of growth vary, including low interest rates and excess liquidity that boost the residential subsector or the use of EU 2014-2020 cohesion funds to help boost civil engineering, writes Dr Sebastian Sipos-Gug from Ebuild srl / EECFA Romania.
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News New office demand in Bucharest up 47% in 2021
19
Jan
2022

New office demand in Bucharest up 47% in 2021

by Property Forum
New demand for office spaces in Bucharest soared 47% to 104,000 sqm year-on-year in 2021, while total demand volumes gained 23% to 263,000 sqm, according to real estate consultancy Colliers. 
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News Property investments in Romania flat at €916 million in 2021
19
Jan
2022

Property investments in Romania flat at €916 million in 2021

by Property Forum
Commercial real estate investments in Romania totalled €916 million in 2021, up only 0.2% compared to the previous year, marked by several transactions valued at more than €50 million in the office, retail and industrial segments, according to real estate consultancy Cushman & Wakefield Echinox. 
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Latest news


New leases

  • The first building of 8,000 sqm of the fully sustainable logistic Garbe Green Park Piestany is already fully leased and the development process of the second building is starting soon.
  • Crown Square, an office building located near Rondo Daszyńskiego metro station in Warsaw, will welcome three new tenants: Foodcom (1,000 sqm), Orifarm (400 sqm) and Avenga (300 sqm). The landlord was advised on the transactions by real estate advisory firm Savills.
  • BIMs Plus Poznań, distributor of heating, ventilation and air-conditioning technology products as well as plumbing system and technology products has leased more than 4,700 sqm of space at the MLP Poznań West logistics park.

New appointments

  • Dorota Mielke has joined Office Agency team of BNP Paribas Real Estate Poland and taken the position of Associate Director. Her main task in the new role will be taking care of business development and advising on office strategies and space rental.
  • Dariusz Domański has been promoted to be a Managing Partner at White Star Real Estate in Poland. He will be responsible for Residential Development business of White Star Real Estate and White Star Residential Management operating businesses. Darek will also continue to manage White Star’s flagship project- Elektrownia Powiśle.
  • Mariusz Cieśliński has joined the Polish team of MNK Partners to take up the position of Investment Manager. In his new role, he will be responsible for supporting the investment processes of funds across Europe.


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