ARTICLES LABELLED WITH TAG Romania

News Banks are more careful financing new projects
16
Aug
2021

Banks are more careful financing new projects

by Ákos Budai
During the pandemic, banks continued to finance ongoing commercial real estate projects but they are more careful with financing new ones, looking for higher corporate credentials and imposing more restrictive conditions to fulfil. Monia Dobrescu, Partner at Romanian law firm Mușat & Asociații talked to Property Forum about the pandemic’s effects on client relationships and provided market insight from the legal advisor’s perspective.
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News Survey: Romanian employees look for healthy offices
12
Aug
2021

Survey: Romanian employees look for healthy offices

by Property Forum
Standards that certify a building's resilience to a pandemic are not only useful, but also necessary in the current context, according to 96% of employees surveyed by Romanian developer Genesis Property. 
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News Speedwell delivers first building in Bucharest residential project
12
Aug
2021

Speedwell delivers first building in Bucharest residential project

by Property Forum
Real estate developer Speedwell has completed the first building of Triama Residence project in Bucharest, comprising 66 apartments that were fully sold before the delivery date.
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News NEPI Rockcastle gets €120 million ESG loan
11
Aug
2021

NEPI Rockcastle gets €120 million ESG loan

by Property Forum
A banking consortium granted a €120 million sustainability-related loan to a company in the NEPI Rockcastle, NE Property BV Group. 
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News Apex Alliance opens €42 million hotel in central Bucharest
11
Aug
2021

Apex Alliance opens €42 million hotel in central Bucharest

by Property Forum
Apex Alliance Hotel Management has opened The Marmorosch Bucharest, Autograph Collection in Bucharest Old Town, following an investment of €42 million.
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News Bucharest office leasing at 70,000 sqm in Q2
11
Aug
2021

Bucharest office leasing at 70,000 sqm in Q2

by Property Forum
The office leasing market in Bucharest is gradually recovering and there were deals worth 70,000 sqm that were closed in the second quarter, according to an analysis by real estate consultancy Griffes. 
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News One United Properties aims to boost share liquidity on BVB
11
Aug
2021

One United Properties aims to boost share liquidity on BVB

by Property Forum
Romanian developer One United Properties says it contracted market making services to boost the liquidity of its shares on the Bucharest Stock Exchange (BVB).
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News Accor takes on management of new hotel in Bucharest
10
Aug
2021

Accor takes on management of new hotel in Bucharest

by Property Forum
The new ibis Bucharest Politehnica will be managed by Accor in Romania. The project was developed by local real estate company Novum Business Services. 
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News Ceetrus opens €16 million hotel in Brașov
10
Aug
2021

Ceetrus opens €16 million hotel in Brașov

by Property Forum
Real estate developer Ceetrus has opened Hotel Qosmo within its mixed-use projects Cartier Coresi in Brașov. 
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News CA Immo gets COVID-19 compliant certification for Romanian portfolio
10
Aug
2021

CA Immo gets COVID-19 compliant certification for Romanian portfolio

by Property Forum
CA Immo says it has obtained the COVID-19 Compliant certification for its entire Romanian portfolio that comprises seven office buildings with a total leasable area of over 165,000 sqm. 
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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