ARTICLES LABELLED WITH TAG romania

News - Speedwell sells Cluj-Napoca office building for €35 million
18
Jan
2022

Speedwell sells Cluj-Napoca office building for €35 million

by Property Forum
Speedwell and Baltisse have sold Record Park Offices in Cluj-Napoca to Belgian AYA Properties Fund in a deal worth €35 million. 
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News - Tétris Romania has a new Managing Director
18
Jan
2022

Tétris Romania has a new Managing Director

by Property Forum
Tétris Romania, the subsidiary of real estate consultancy JLL, has appointed Vlad Stanislav as Managing Director, tasked with developing the local operations. The company offers design solutions for offices, homes or hotels. 
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News - One United delivers first phase of Bucharest office project
17
Jan
2022

One United delivers first phase of Bucharest office project

by Property Forum
Romanian developer One United Properties has completed the first phase of Bucharest-based One Cotroceni Office Park, with a gross leasable area of 46,000 sqm. The company said it has leased 75% of the office and commercial spaces by the time of delivery. 
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News - Romania’s economy can absorb higher construction costs
17
Jan
2022

Romania’s economy can absorb higher construction costs

by Ovidiu Nicolae
Bogdan Doicescu, Development Director and Executive Board Member at Bog’Art, spoke with Property Forum about the company’s construction pipeline and the outlook of the real estate market in Romania going into 2022.
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News - Nordis Group reports sales of €80.9 million in 2021
14
Jan
2022

Nordis Group reports sales of €80.9 million in 2021

by Property Forum
Romanian Nordis Group, specialized in the development of hotels and residential projects, recorded sales of RON 400 million (around €80.9 million), mainly in the project located in Mamaia.
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News - Forty Management to build Romania's highest residential tower
13
Jan
2022

Forty Management to build Romania's highest residential tower

by Property Forum
Romanian developer Forty Management has initiated the authorization procedure for Royal Suites Central District in northern Bucharest, with a market value of €76 million. Once completed, the building will be the tallest residential project in Romania with a height of 122 meters. 
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News - One United delivers residential towers in Bucharest
13
Jan
2022

One United delivers residential towers in Bucharest

by Property Forum
Romanian developer One United Properties has announced the handover of One Herăstrău Towers, located in northern Bucharest, with a gross development value of around €53.3 million. 
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News - Impact completes €150 million resi complex in Bucharest
12
Jan
2022

Impact completes €150 million resi complex in Bucharest

by Property Forum
Property developer Impact Developer & Contractor has completed the Luxuria Residence complex in northern Bucharest, with an estimated market value of €150 million. 
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News - Mömax invests €20 million in Brașov-based furniture store
12
Jan
2022

Mömax invests €20 million in Brașov-based furniture store

by Property Forum
Austrian furniture retailer Mömax will develop a new store on a land of 37,000 sqm located in Cartier Coresi – the mixed-use scheme developed by Ceetrus and managed by Nhood Romania in Brașov. 
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News - Property investments in Romania exceed €900 million in 2021
12
Jan
2022

Property investments in Romania exceed €900 million in 2021

by Property Forum
The volume of real estate investments in Romania gained 4% year-on-year to €919.45 million, driven by office and industrial developments, according to a report by real estate consultancy Fortim T.A., a member of BNP Paribas Real Estate. 
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Latest news


New leases

  • BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
  • M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
  • dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.

New appointments

  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.

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