ARTICLES LABELLED WITH TAG Romania

News Romania’s main retail street records 9% rent growth
25
Nov
2024

Romania’s main retail street records 9% rent growth

by Property Forum
Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.
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News Romania’s property sector could use a smaller VAT for renovations
21
Nov
2024

Romania’s property sector could use a smaller VAT for renovations

by Ovidiu Nicolae
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
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News Anchor Grup starts to deliver apartments in Bucharest project
21
Nov
2024

Anchor Grup starts to deliver apartments in Bucharest project

by Property Forum
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase. 
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News Bucharest-Ilfov sees fewer homes delivered in 2024
20
Nov
2024

Bucharest-Ilfov sees fewer homes delivered in 2024

by Property Forum
Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.
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News Hyatt Regency brand enters Romania over regional push
19
Nov
2024

Hyatt Regency brand enters Romania over regional push

by Property Forum
Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.
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News Nhood to support international expansion of Spartan Restaurant
19
Nov
2024

Nhood to support international expansion of Spartan Restaurant

by Property Forum
Nhood Services Romania has been selected to support the international expansion of the Romanian restaurant chain Spartan.
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News Wallberg secures funding for resi project in Timișoara
18
Nov
2024

Wallberg secures funding for resi project in Timișoara

by Property Forum
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
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News Property investments in Romania soar to €655 million over nine months
18
Nov
2024

Property investments in Romania soar to €655 million over nine months

by Property Forum
Romania’s property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
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News Industrial demand in Romania falls 20% on nine months
14
Nov
2024

Industrial demand in Romania falls 20% on nine months

by Property Forum
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
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News Iulius has over 500,000 sqm certified under LEED standard
14
Nov
2024

Iulius has over 500,000 sqm certified under LEED standard

by Property Forum
Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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