ARTICLES LABELLED WITH TAG romania
25
May
2022
May
2022
NEPI Rockcastle resi project in Bucharest reaches 35% sale rate
NEPI Rockcastle says it has reached a 35% sale rate for its first residential project in Bucharest in the first seven months of development.
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24
May
2022
May
2022
ELBI leases 15,000 sqm in P3 Bucharest A1
ELBI, the supplier of low power equipment, has leased 15,000 sqm in P3 Bucharest A1 and will start operating the warehouse in November 2022 following an investment of €3 million.
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23
May
2022
May
2022
AFI completes refurbishment of Bucharest office building
AFI Europe Romania has completed the refurbishment of all public areas within its AFI Lakeview office building in Bucharest following an investment of around €2 million.
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23
May
2022
May
2022
SIF Banat-Crișana’s Bucharest land purchase challenged in court
Tabogo Property, a company owned by Canadian investor Michael Topolinski, has challenged in court SIF Banat-Crișana’s purchase of a land plot in Bucharest. The financial company won the €33.59 million tender for Belvedere Cigarette Factory last week.
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23
May
2022
May
2022
Plaza Centers seeks damages from Romania in court
Property developer Plaza Centers is seeking €262.2 million in damages from the Romanian state, alleging that it recorded massive losses from the Casa Radio project in Bucharest. The company filed a complaint with the International Centre for Settlement of Investment Disputes (ICSID) in Washington.
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23
May
2022
May
2022
Bucharest-based Golden Tulip Victoria hotel sold
Hotel group Real Estate&Constructii, controlled by David Fattal, has completed the acquisition of Golden Tulip Victoria hotel in Bucharest, according to rhn.ro.
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20
May
2022
May
2022
Bucharest’s office vacancy rate at 16.5% in Q1 2022
The vacancy rate in Bucharest’s office market remained flat at 16.5% in the first quarter of 2022, similar to last year, although there is a growing gap between Class A projects and older buildings in areas with lower demand, according to real estate consultancy Colliers.
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20
May
2022
May
2022
Nordis Group adds new shareholders
Romanian developer Nordis Group has added Daniel Penciuc (left in picture) and Florin Poștoacă as shareholders, each with stakes of 5% in Nordis Management. Following the move, the group’s number of shareholders rose to six.
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20
May
2022
May
2022
Square 7 Properties buys land in Mediaș
Square 7 Properties, the country partner for Romania of Mitiska REIM, has purchased a land plot of 30,000 sqm in Mediaș for an undisclosed sum.
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19
May
2022
May
2022
SIF Banat Crișana buys land in Bucharest
Financial company SIF Banat Crișana has purchased a land plot in Bucharest that hosted an industrial platform for Interagro, a company that is currently under administration, according to Economica.net.
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Latest news
- Harden Construction starts logistics centre development for Raben in Sosnowiec
- Passerinvest Group aims to deliver new Prague offices in H1 2028
- Penta Real Estate names new CEO amid international expansion
- 7R develops 51,000 sqm logistics centre for Pepco near Gdańsk
- Sale-and-lease back deals remain attractive in a capital constrained market
- Apsys sells stake in Posnania shopping centre to Trigea
- Budapest offices face ESG polarization and AI evolution
- Wing Industrial completes Airport City Business Park in Budapest region
- Polish regional offices grapple with low supply in early 2026
- Offices are back and Poland’s growth engine is still running
New leases
- International logistics operator Logfret has leased nearly 4,900 sqm of warehouse and office space at the Segro Logistics Park Warsaw, Nadarzyn. The transaction was advised by Axi Immo.
- Prologis has leased 2,200 sqm at Prologis Park Prague-Rudná to BattSwap. The tenant will utilize the space for assembly, storage, and office operations.
- Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
