ARTICLES LABELLED WITH TAG Romania

News Office rents in Bucharest down 12-17% compared to 2019
27
May
2021

Office rents in Bucharest down 12-17% compared to 2019

by Property Forum
The rent environment for Bucharest offices has been on a downward trend since the onset of the health crisis as flexible work arrangement that limited the presence of employees in offices were implemented, according to Investpoint.
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News VisionApartments buys land for new project in Bucharest
27
May
2021

VisionApartments buys land for new project in Bucharest

by Property Forum
VisionApartments, a company controlled by Swiss billionaire Anja Graf, has acquired a land plot of 15.6 hectares near Bucharest where it plans to start a complex real estate investment. 
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News Metro Cash&Carry expands warehouse near Bucharest
27
May
2021

Metro Cash&Carry expands warehouse near Bucharest

by Property Forum
German retailer Metro Cash&Carry will expand its logistics centre in Ștefăneștii de Jos, near Bucharest, in a bid to cover higher distribution demands and sales in its network. 
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News Marmorosch Bucharest Hotel to open this summer
27
May
2021

Marmorosch Bucharest Hotel to open this summer

by Property Forum
Lithuanian hotel operator Apex Alliance Group has announced the opening this summer of its most extensive project in Romania, The Marmorosch Bucharest, Autograph Collection. 
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News BSTDB grants €10 million for energy efficiency in Romania
25
May
2021

BSTDB grants €10 million for energy efficiency in Romania

by Property Forum
The Black Sea Trade and Development Bank (BSTDB) has provided a loan worth €10 million to Garanti BBVA Consumer Finance. The funding will support residential investments in energy improvements and resource efficiency. 
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News City Garden to deliver €16 million Bucharest project in 2022
24
May
2021

City Garden to deliver €16 million Bucharest project in 2022

by Property Forum
Romania’s City Garden says it will deliver the first phase of its luxury villas complex this year and will complete the whole project in 2022. The company is investing around €16 million in 66 villas located in northern Bucharest.
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News Casta concludes deal for Romanian expansion
21
May
2021

Casta concludes deal for Romanian expansion

by Property Forum
Digital property platform Casta, part of Neogen group, has taken over real estate classifieds' portal Magazinul de Case, in a bid to expand across Romania. 
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News Hagag concludes procedures for building restoration in Bucharest
21
May
2021

Hagag concludes procedures for building restoration in Bucharest

by Property Forum
Hagag Development Europe says it has submitted the complete documentation in order to obtain the building permit for the consolidation and restoration works on Știrbei Palace, a historical building located in central Bucharest. 
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News One United Properties appoints Board Chairman
21
May
2021

One United Properties appoints Board Chairman

by Property Forum
Romanian real estate developer One United Properties has announced that Claudio Cisullo has been appointed Chairman of the Board of Directors starting May 20. He has recently become the third biggest shareholder of the developer and was Member of the Board of Directors of One United Properties since 2020. 
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News Immofinanz kicks off refurbishment of VIVO! Baia Mare
19
May
2021

Immofinanz kicks off refurbishment of VIVO! Baia Mare

by Property Forum
Austrian real estate group Immofinanz will start the refurbishment of shopping centre VIVO! Baia Mare on June 1. The works on the project located in northern Romania will cover more than 10,000 sqm, which is one third of the total surface of the centre. 
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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