ARTICLES LABELLED WITH TAG Romania

News Speedwell completes Record Park Offices in Cluj-Napoca
09
Aug
2021

Speedwell completes Record Park Offices in Cluj-Napoca

by Property Forum
Real estate developer Speedwell says it has refinanced a loan granted by BRD Société Générale after the completion of Cluj-based Record Park Offices. 
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News Romanian retail parks pass the pandemic test
06
Aug
2021

Romanian retail parks pass the pandemic test

by Property Forum
The pandemic had a limited impact on the turnover of retail parks compared to shopping malls in Romania, according to real estate consultancy Cushman & Wakefield Echinox. 
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News We’re heading towards a fast-paced recovery
06
Aug
2021

We’re heading towards a fast-paced recovery

by Ákos Budai
Oxford Economics, one of the sources of CBRE Research, predicts a GDP growth of 6.9% for Romania, most likely the highest in the CEE region. With this in mind, it is clear that we are heading towards a fast-paced recovery. Luiza Moraru, Head of Property Management CEE at CBRE shared some facts and figures on investment market trends and talked about the growing activity of local investors on the Romanian market.
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News Property investments in Romania at €303.6 million in H1
03
Aug
2021

Property investments in Romania at €303.6 million in H1

by Property Forum
Investments in Romania’s commercial real estate sector amounted to €303.6 million in the first half of the year, which was a drop of 21% compared to the same period of 2020, according to CBRE Research data. 
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News Cordia has major plans for Bucharest
03
Aug
2021

Cordia has major plans for Bucharest

by Property Forum
Mauricio Mesa Gomez, Country Manager of Cordia Romania and Spain and member of Cordia’s Board of Directors discussed the company’s development plans and the prospects of Romania’s residential market with Property Forum.
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News Bucharest office stock to add 200,000 sqm in H2
30
Jul
2021

Bucharest office stock to add 200,000 sqm in H2

by Property Forum
The new office supply in Bucharest is set to exceed 200,000 sqm in the second half of this year, with almost two thirds of the offices scheduled for delivery by year’s end already pre-leased. 
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News Alinso Group expects industrial demand to grow in Romania
30
Jul
2021

Alinso Group expects industrial demand to grow in Romania

by Ákos Budai
Ivan Lokere, CEO of Belgium-based real estate developer Alinso Group talked to Property Forum about the trends driving real estate markets in today’s economy and restated the company’s commitment to the Romanian market.
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News Bucharest land market remains in growth mode
29
Jul
2021

Bucharest land market remains in growth mode

by Property Forum
The Bucharest land market is registering an increase of prices fueled by higher demand from developers that want to secure strategic locations in the city for new projects. 
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News Atenor completes sale of Bucharest office campus
29
Jul
2021

Atenor completes sale of Bucharest office campus

by Property Forum
Property developer Atenor says it has concluded the sale of Hermes Business Campus in Bucharest to Adventum Group, an investment manager focused on Central and Eastern Europe. 
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News New apartments in Romania to register 20% price hikes
28
Jul
2021

New apartments in Romania to register 20% price hikes

by Ovidiu Nicolae
One of the most active residential developers of the Romanian market estimates at least a 20% increase in prices for new projects and 5-10% higher prices for the under-development units. Tinu Sebeșanu, CEO of IMPACT Developer & Contractor talked to Property Forum about financing conditions, market trends, ongoing projects and new developments on the horizon.
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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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