ARTICLES LABELLED WITH TAG Romania

News Office demand in Bucharest down 10% in H1 2021
23
Aug
2021

Office demand in Bucharest down 10% in H1 2021

by Property Forum
Bucharest’s office stock topped 3 million sqm at the end of the first half, with more than 250,000 sqm of new spaces slated for delivery by the end of next year, according to a report by Colliers. 
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News One United Properties founder seeks share capital increase
23
Aug
2021

One United Properties founder seeks share capital increase

by Property Forum
Victor Căpitanu, co-founder of One United Properties, has asked shareholders to approve a share capital increase of up to RON 228.8 million (€46.3 million) by incorporating around 80% of the shares from the Initial Public Offering (IPO) concluded in early July. 
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News Impact boosts share capital for Romanian projects
20
Aug
2021

Impact boosts share capital for Romanian projects

by Property Forum
Romania's Impact Developer & Contractor will increase its share capital within one year in a bid to support its pipeline of residential projects in Romania.
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News NEPI records 28% year-on-year growth in turnover over H1 2020
20
Aug
2021

NEPI records 28% year-on-year growth in turnover over H1 2020

by Property Forum
NEPI Rockcastle’s turnover in H1 2021 was 28.1% higher than in H1 2020 and 23.1% lower than in H1 2019 (on a property like-for-like basis, excluding hypermarkets and entertainment). The company published its interim financial report for H1 2021.
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News We’re seeing a convergence in yield curves between asset classes
20
Aug
2021

We’re seeing a convergence in yield curves between asset classes

by Ákos Budai
David Canta, Principal at Avison Young Romania & Czech Republic, talked to Property Forum about the pandemic’s effects on the advisory market and the company’s international expansion.
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News Nooka Space adds smart office in Bucharest mall
19
Aug
2021

Nooka Space adds smart office in Bucharest mall

by Property Forum
Irish startup Nooka Space has installed its first smart proximity office in the garden of Bucharest-based shopping mall ParkLake. 
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News Property deals over €400 million negotiated in Romania
18
Aug
2021

Property deals over €400 million negotiated in Romania

by Property Forum
Investment transactions totaling over €400 million are in different negotiations stages in Romania, mostly in the office and retail segments, according to real estate consultancy JLL Romania. 
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News The world needs to be better prepared to deal with health challenges
17
Aug
2021

The world needs to be better prepared to deal with health challenges

by Ákos Budai
Gavin Bonner, Vice President at Genesis Property spoke to Property Forum about the IMMUNE ™ Building Standard, a global certification standard to certify the built environment’s level of immunity to withstand present and future health challenges.
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News Industrial leasing in Romania up 21% in H1
17
Aug
2021

Industrial leasing in Romania up 21% in H1

by Property Forum
Leasing activity in the Romanian industrial and logistics market was up 21% to 360,000 sqm in the first half compared to the same period of last year, driven by relocations and the closing of new contracts, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News Atenor sells Bucharest-based Dacia One to Pavăl Holding
17
Aug
2021

Atenor sells Bucharest-based Dacia One to Pavăl Holding

by Property Forum
Property developer Atenor says it sold its office project Dacia One in central Bucharest to Pavăl Holding, then owner of Romanian DIY retailer Dedeman. 
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Latest news


New leases

  • Revetas Capital announced that Bonarka for Business “B4B” has secured a lease extension contract with a company of Hitachi Group - GlobalLogic. The company, a leader in digital product engineering, has been a tenant in B4B since 2016 and leases in total of 6,500 sqm of office space in Building F.
  • GTC has extended its lease for 1,700 square meters of office space with pharmaceutical company Egis Polska. The company will continue its operations in the Corius building at the Aeropark Business Centre in Warsaw.
  • IMSAT, a company that offers integrated engineering, electrical, automation, and industrial technology solutions, has expanded its office space, within Bucharest-based The Bridge office building, to 3,800 sqm. The deal was brokered by Cushman & Wakefield Echinox.

New appointments

  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.
  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.

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