ARTICLES LABELLED WITH TAG Romania

News Genesis updates Bucharest office building to highest IMMUNE standard
07
Jun
2021

Genesis updates Bucharest office building to highest IMMUNE standard

by Property Forum
Building H3, part of West Gate Business District, in Bucharest, got the highest certification level of the IMMUNE Building Standard. The offices, owned by Genesis Property, are fully occupied by telecom company Ericsson.
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News Iulius puts €35 million in Palas Campus Iași infrastructure
04
Jun
2021

Iulius puts €35 million in Palas Campus Iași infrastructure

by Property Forum
Romanian real estate developer Iulius says it will invest around €35 million in the infrastructure and urban mobility features for its Palas Campus project in Iași. The mixed-use project will feature 54,000 sqm of office spaces targeting tech companies and 6,000 sqm of retail spaces.
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News Radisson Blu Hotel Bucharest unveils new interior
03
Jun
2021

Radisson Blu Hotel Bucharest unveils new interior

by Property Forum
Radisson Hotel Group announced the relaunch and repositioning of Radisson Blu Hotel Bucharest, following a major capital investment to transform the hotel’s lobby and garden area, as well as increase the hotel’s room inventory by more than 600 rooms.
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News P3 records Q1 leasing of over 35,800 sqm in Romania
02
Jun
2021

P3 records Q1 leasing of over 35,800 sqm in Romania

by Property Forum
Warehouse owner and developer P3 Logistic Parks says it leased over 35,800 sqm of logistics and office space in Romania in Q1 2021. The company renewed contracts for more than 22,500 sqm of spaces, while the rest was represented by new leases.  
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News UiPath founder’s company buys 5% of One United Properties shares
01
Jun
2021

UiPath founder’s company buys 5% of One United Properties shares

by Property Forum
An investment company controlled by UiPath founder Daniel Dines has acquired 5% of the shares of One United Properties, a Romanian real estate development company founded by Victor Căpitanu and Andrei Diaconescu.
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News Impact gets €10.6 million loan for Boreal Plus development
31
May
2021

Impact gets €10.6 million loan for Boreal Plus development

by Property Forum
Romania’s Impact Developer & Contractor says it secured a loan worth €10.6 million from CEC Bank that will used for the completion of the first phase of Boreal Plus residential complex in Constanța.
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News Poland to register quickest revenue recovery among CEE countries
30
May
2021

Poland to register quickest revenue recovery among CEE countries

by Ákos Budai
Commercial property is viewed as having below-average risk levels in most CEE countries. Revenues from different asset classes are expected to recover to pre-COVID levels most rapidly in Poland, according to the RICS Global Commercial Property Monitor for Q1 2021.
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News Indotek plans to spend a lot more on international expansion
28
May
2021

Indotek plans to spend a lot more on international expansion

by Ákos Budai
Hungarian investor Indotek Group is ready to spend hundreds of millions of euros on diversifying its portfolio geographically. Krisztián Hornok, Transaction Director and Florin Tirla, Country Head for Romania & Bulgaria shared with Property Forum the details of the company’s ambitious international expansion strategy and also discussed the pandemic’s effects on the attractiveness of different asset classes.
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News Fashion House opens €25 million outlet centre in Bucharest
27
May
2021

Fashion House opens €25 million outlet centre in Bucharest

by Property Forum
Developer Fashion House has opened its second outlet centre in Bucharest following an investment of €25 million. The project is located in the eastern part of the city and spans over 12,000 sqm. 
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News Survey: Employees in Romania see future for offices
27
May
2021

Survey: Employees in Romania see future for offices

by Property Forum
Close to 88% of the employees in Romania believe that offices will exist in the future, but most say that the post-pandemic workspace needs to be transformed, according to a survey commissioned by Genesis Property. 
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Latest news


New leases

  • CTP has signed a new lease agreement with long-term client Raben Romania, which has taken 1,800 sqm at CTPark Brașov West.
  • Another fast-growing Polish company has picked Metropolitan Warsaw for its headquarters. Rock Capital, a leading retail park developer and investor in Poland, now occupies modern office space overlooking the Grand Theater and Moliera Street. The Rock Capital's new headquarters, designed by BIT CREATIVE studio and its founder Barnaba Grzelecki, spans 460 sqm of premium office space on the first floor.
  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • 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.

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