ARTICLES LABELLED WITH TAG romania
28
Feb
2022
Feb
2022
Grand Hotel Bucharest kicks off renovation works
Bergam Design House will manage the renovation process of Grand Hotel Bucharest, former Intercontinental Bucharest, as part of an €21 million investment that will be completed in 2024.
Read more >
28
Feb
2022
Feb
2022
One United Properties records sharp increase in profits
Romanian developer One United Properties recorded revenues of 1.1 billion lei (€222 million) during 2021, up 105% year-on-year, while the gross profit expanded almost two-fold to 603.5 million lei (€122 million) over higher residential sales and increased rental income.
Read more >
28
Feb
2022
Feb
2022
Investing in sustainability is necessary – and it makes financial sense too
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.
Read more >
25
Feb
2022
Feb
2022
Impact Developer & Contractor reports higher residential sales in 2021
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).
Read more >
24
Feb
2022
Feb
2022
Fashion House Group expands Bucharest outlet centre
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.
Read more >
23
Feb
2022
Feb
2022
Home listing prices in Romania up 3.4% in Q4 2021
List prices for residential properties in Romania rose by 3.4% in the last quarter of 2021 compared to the previous three months.
Read more >
23
Feb
2022
Feb
2022
New office supply in Bucharest to hit 5-year low in 2022
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.
Read more >
22
Feb
2022
Feb
2022
Omer Susli buys shopping mall in Râmnicu Vâlcea
Property investor Omer Susli has purchased River Plaza Mall in Râmnicu Vâlcea from Sonae Sierra for an undisclosed sum.
Read more >
16
Feb
2022
Feb
2022
Forty Management secures €65 million loan for Bucharest project
Romanian developer Forty Management has secured a syndicated loan worth €65 million for a new mixed-use project in Bucharest.
Read more >
16
Feb
2022
Feb
2022
Fortim grows property management arm in Cluj
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.
Read more >
Latest news
- Amazon to develop 200,000 sqm robotic fulfilment centre in Lower Silesia
- Globalworth reaches 60% pre-lease for new office in Bucharest
- Nearly half of Romanian companies expect 3-4 office days this year
- AFI starts construction of 519-unit rental project in Prague
- Polish housing market faces M&A wave
- Kraków office take-up hits record in 2025
- Apsys starts two resi projects in central Wrocław
- Mattel signs lease for new logistics centre in Panattoni Business Park Most Joseph
- Panattoni to develop 38,000 sqm warehouse for Sellpy in Wrocław
- Revetas Capital starts new logistics building at Sofia Airport Center
New leases
- Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.
- Intersport is set to expand its Romanian footprint by opening its largest store within the Iulius network at the Rivus urban regeneration project, which is under development in Cluj. Spanning more than 1,000 sqm, the new location will serve as a flagship store.
- HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
New appointments
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
- iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
- Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
