ARTICLES LABELLED WITH TAG Romania

News Radisson Blu Bucharest to get €24 million upgrade
13
May
2021

Radisson Blu Bucharest to get €24 million upgrade

by Property Forum
Radisson Hotel Group has announced a €24 million investment program in Radisson Blu Bucharest Hotel, owned by Revetas Capital and Cerberus Capital Management, that will include the redesign of common spaces and the increase of the room count. 
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News Penny to invest €1 billion in Romania by 2029
13
May
2021

Penny to invest €1 billion in Romania by 2029

by Property Forum
Retailer Penny, part of Rewe Group, has announced a long-term investment program in Romania that includes the expansion of the store network and the development of logistics operations. 
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News Impact Developer & Contractor gets €13.3 million loan
13
May
2021

Impact Developer & Contractor gets €13.3 million loan

by Property Forum
Romanian Impact Developer & Contractor said it has secured two bank loans worth more than €13 million from Libra Bank to start new investments in the Greenfield residential project, located in northern Bucharest. 
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News UiPath founder seeks to buy stake in One United Properties
12
May
2021

UiPath founder seeks to buy stake in One United Properties

by Property Forum
Romanian billionaire Daniel Dines, the founder of NYSE-listed automation software manufacturer UiPath, is reportedly looking to buy a minority stake in local real estate developer One United Properties before the company's planned IPO on the Bucharest Stock Exchange next month.
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News Cargus invests €500,000 in a new warehouse in Buzău
11
May
2021

Cargus invests €500,000 in a new warehouse in Buzău

by Property Forum
Delivery firm Cargus has opened a new warehouse in Buzău, following an investment of €500,000, which will support its growing business volumes. 
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News Romanian 4-month property investments at €140 million
11
May
2021

Romanian 4-month property investments at €140 million

by Property Forum
The volume of investments in Romania’s property sector exceeded €140 million in the first four months of 2021 due to a positive market sentiment, according to a report by real estate consultancy Crosspoint Real Estate. 
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News Globalworth buys two industrial parks in western Romania
11
May
2021

Globalworth buys two industrial parks in western Romania

by Property Forum
Globalworth has announced the acquisition of two industrial projects in western Romania for almost €18 million. The company took over Industrial Park West Arad and Industrial Park West Oradea, with a total area of 27,000 sqm that is fully leased. 
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News Atenor sells Bucharest office complex to Adventum
11
May
2021

Atenor sells Bucharest office complex to Adventum

by Property Forum
Belgian real estate developer Atenor says it struck a deal to sell its Bucharest-based office project Hermes Business Campus to Adventum International, a Malta-based boutique investment fund manager and its partners for an undisclosed sum.
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News Speedwell inks furniture supply deal with Rovere Mobili
10
May
2021

Speedwell inks furniture supply deal with Rovere Mobili

by Property Forum
Real estate developer Speedwell has concluded a partnership with Rovere Mobili that covers the residential projects The Ivy and Record Park in Bucharest.  
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News Prima Development Group invests €20 million in Bucharest
07
May
2021

Prima Development Group invests €20 million in Bucharest

by Property Forum
Real estate company Prima Development Group is investing €20 million in a residential project located in Timpuri Noi area, Bucharest’s emerging business hub. 
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Latest news


New leases

  • Schindler Romania is moving its office to Vastint’s Business Garden Bucharest. The company has leased 1,160 sqm in a deal brokered by CBRE Romania.
  • Footwear brand Crocs is opening its first location in the North-East region in Palas, as well as in the upcoming Rivus project in Cluj-Napoca, both projects developed by Iulius.
  • WeNet, an online marketing company, has relocated its Gdańsk office to the multifunctional Garnizon complex, owned by the Hossa Investment Group. The organisation has taken up more than 450 square meters of office space in the GATO office building.

New appointments

  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.
  • Tryton Business House in Gdańsk will welcome a new tenant. Państwowe Gospodarstwo Wodne Wody Polskie will occupy 3,092 sqm of office space in the complex owned by Globalworth. Cushman & Wakefield represented the institution in the lease process.

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