ARTICLES LABELLED WITH TAG romania

News - Investing in sustainability is necessary – and it makes financial sense too
28
Feb
2022

Investing in sustainability is necessary – and it makes financial sense too

by Ákos Budai
There is scepticism in the market regarding the correlation between sustainability and financial performance but it is beneficial to be sustainable if you consider the overall life-cycle of the building, explains Oana Stamatin, ESG Chief Officer | CEE & Romania at Colliers. She talked to Property Forum about the challenges and opportunities owners of real estate face in striving for ESG compliance. 
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News - Impact Developer & Contractor reports higher residential sales in 2021
25
Feb
2022

Impact Developer & Contractor reports higher residential sales in 2021

by Property Forum
Romania's Impact Developer & Contractor says it sold 430 residential units during 2021, of which pre-sold apartments sales gained 37% to 250 million lei (€50.5 million), while the rest of 183 units were worth 138 million (€27.8 million). 
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News - Fashion House Group expands Bucharest outlet centre
24
Feb
2022

Fashion House Group expands Bucharest outlet centre

by Property Forum
Fashion House Outlet Centre Pallady will undergo an expansion of 5,674 sqm roughly one year after the delivery of the first phase of the project located on the eastern outskirts of Bucharest. 
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News - Home listing prices in Romania up 3.4% in Q4 2021
23
Feb
2022

Home listing prices in Romania up 3.4% in Q4 2021

by Property Forum
List prices for residential properties in Romania rose by 3.4% in the last quarter of 2021 compared to the previous three months. 
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News - New office supply in Bucharest to hit 5-year low in 2022
23
Feb
2022

New office supply in Bucharest to hit 5-year low in 2022

by Property Forum
With six new office buildings slated for delivery this year, the leasable stock will grow by 135,700 sqm, which is the lowest level since 2017, according to real estate consultancy CBRE.
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News - Omer Susli buys shopping mall in Râmnicu Vâlcea
22
Feb
2022

Omer Susli buys shopping mall in Râmnicu Vâlcea

by Property Forum
Property investor Omer Susli has purchased River Plaza Mall in Râmnicu Vâlcea from Sonae Sierra for an undisclosed sum.
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News - Forty Management secures €65 million loan for Bucharest project
16
Feb
2022

Forty Management secures €65 million loan for Bucharest project

by Property Forum
Romanian developer Forty Management has secured a syndicated loan worth €65 million for a new mixed-use project in Bucharest. 
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News - Fortim grows property management arm in Cluj
16
Feb
2022

Fortim grows property management arm in Cluj

by Property Forum
Fortim, a member of the BNP Paribas Real Estate Alliance, has expanded its property management portfolio with the office project Maestro Center in Cluj-Napoca and Tureni Industrial Park in Cluj County. 
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News - Romanian property deals hit record in Q4 2021
16
Feb
2022

Romanian property deals hit record in Q4 2021

by Property Forum
The fourth quarter was one of the best in recent history, with property deals in Romania at €342 million, compared to €40 million in the same period of last year, according to real estate consultancy Colliers. The overall investment transactions volumes edged close to €900 million, which is roughly similar to the result of 2020. 
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News - Industrial leasing in Romania tops 1 million sqm in 2021
15
Feb
2022

Industrial leasing in Romania tops 1 million sqm in 2021

by Property Forum
The leasing of industrial and logistics spaces in Romania hit a record of 1 million sqm during 2021, with net take-up accounting for 80% of all traded volumes, according to real estate consultancy Cushman & Wakefield Echinox. 
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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