ARTICLES LABELLED WITH TAG Romania

News Forty Management to deliver Bucharest mixed-use project in June 2022
08
Nov
2021

Forty Management to deliver Bucharest mixed-use project in June 2022

by Property Forum
Romanian property developer Forty Management says it will deliver a Bucharest-based mixed-use project in June 2022. 
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News 120,000 sqm of retail space under development in Romania
08
Nov
2021

120,000 sqm of retail space under development in Romania

by Property Forum
Around 120,000 sqm in new and extensions of existing retail projects are under development in Romania with delivery estimated by the end of 2022, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News CTP Romania names new Head of Marketing
08
Nov
2021

CTP Romania names new Head of Marketing

by Property Forum
CTP Romania, the largest owner of industrial projects on the local market, has appointed Sorina Florescu as Head of Marketing as part of its management consolidation strategy.
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News Eden Capital invests €25 million in Bucharest luxury apartments
08
Nov
2021

Eden Capital invests €25 million in Bucharest luxury apartments

by Property Forum
Romanian property company Eden Capital Development will invest €25 million in a luxury residential complex in northern Bucharest comprising 172 apartments. 
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News One United Properties to keep single class share structure
05
Nov
2021

One United Properties to keep single class share structure

by Property Forum
Property developer One United Properties says it will maintain the existing, single-class share structure, which confers one voting right per each share held, following a ruling of a Bucharest-based court that confirms a shareholder vote from September. 
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News Multiple financing opportunities for property development in Romania
05
Nov
2021

Multiple financing opportunities for property development in Romania

by Property Forum
Banks loans dominate the financing market for property development, but the stock exchange, EU funds and state aid are emerging instruments, suggested speakers during the lenders vs borrowers panel of SEE Property Forum 2021, Property Forum's annual event in Bucharest.   
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News Scallier to deliver second retail park in Romania
05
Nov
2021

Scallier to deliver second retail park in Romania

by Property Forum
Polish company Scallier will open its second retail park in Romania on November 11 as part of its expansion strategy on the local market.
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News Green buildings dominate office lease deals in Bucharest
04
Nov
2021

Green buildings dominate office lease deals in Bucharest

by Property Forum
Since the start of 2021, around 189,000 sqm of offices were leased on the Bucharest market, of which 70% were for spaces in buildings with green certifications, according to real estate consultancy CBRE Romania. 
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News Romania's investments volume reaches €540 million in Q1-Q3 2021
04
Nov
2021

Romania's investments volume reaches €540 million in Q1-Q3 2021

by Property Forum
Investment transactions in Romania exceeded €540 million in the first nine months of 2021, with around half being closed only in the third quarter, according to property consultancy Colliers Romania. 
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News Residential prices in Romania up 10.3% by Q3 2021
03
Nov
2021

Residential prices in Romania up 10.3% by Q3 2021

by Property Forum
Asking prices of apartments in Romania rose by 10.3% in the first nine months of 2021 compared to the same period of last year, with Bucharest and Cluj-Napoca remaining the most expensive markets for home buyers, according to a report by Imobiliare.ro portal. 
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Latest news


New leases

  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.
  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
  • DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.

New appointments

  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.

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