ARTICLES LABELLED WITH TAG Romania

News Colliers appointed PM for The Landmark in Bucharest
29
Aug
2017

Colliers appointed PM for The Landmark in Bucharest

by Ákos Budai
Colliers International was assigned by Piraeus Bank to offer property management services for the office project The Landmark, in the central area of Bucharest. With this new project, the Colliers International team strengthens its position on the office property management market, and the whole managed portfolio reaches a total of over 320,000 leasable sqm.
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News P3 names new country head in Romania
24
Aug
2017

P3 names new country head in Romania

by Ákos Budai
P3 has promoted Sînziana Pardhan to the role of Country Head in Romania. Pardhan, who was recently appointed as Acquisitions Director for Romania, takes over from Blake Horsley, who has become P3’s Group Development Director. 
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News When will Poland reclaim the throne?
24
Aug
2017

When will Poland reclaim the throne?

by Ákos Budai
The first half of 2017 saw the Czech Republic overtake Poland as the most popular investment destination within CEE. Based on the current pipeline of deals Poland might retake its position rather soon, nevertheless, the combination of growth, yields and stability make Czech Republic and other countries in the CEE region highly attractive to international and domestic investors. Luke Dawson, Managing Director & Head of Capital Markets CEE at Colliers International shared his expectations with Property Forum.
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News New brands to enter the Romanian hotel market
23
Aug
2017

New brands to enter the Romanian hotel market

by Ákos Budai
The hotel market in Romania could become more diverse throughout the next year as a result of new brands entering the market by means of leasing or partnership contracts with real estate developers as an alternative to the management or franchise contracts. Such a business model will lead to the relaunch of the hotel market and will offer, at the same time, the possibility for real estate developers to diversify their portfolio, according to Colliers International. 
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News Radisson Blu Bucharest to be sold for over €177 million
23
Aug
2017

Radisson Blu Bucharest to be sold for over €177 million

by Ákos Budai
Israeli-held Elbit Imaging announced that it has signed a non-binding letter of intent with an international investment fund to sell its entire shareholding in a company owning the Radisson Complex in Bucharest, based on a property value of approximately €177.5 million.
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News Dynamic growth on the Romaian property market
21
Aug
2017

Dynamic growth on the Romaian property market

by Ákos Budai
Real estate activity during the first half of 2017 was very dynamic in Bucharest as well as throughout Romania. New deliveries, extensions and transactions have led to considerable growth in the main sectors – industrial, retail, office and investment. According to Colliers International, the upward trend will continue for the remainder of the year and will be doubled by new demands.
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News AFI Europe Romania publishes H1 2017 financial results
21
Aug
2017

AFI Europe Romania publishes H1 2017 financial results

by Ákos Budai
AFI Europe Romania published its Q2 and H1 2017 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of €12.5 million in Q2 and close to €25 million in H1, representing respectively 10.4% and 11.5% higher results compared to the same periods in 2016.
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News AFI Europe starts new project in Brasov
14
Aug
2017

AFI Europe starts new project in Brasov

by Ákos Budai
AFI Brasov has recently obtained the construction permit and will be the third shopping center AFI Romania is developing in Romania. The shopping center will offer a total gross leasable area of 45,000 sqm, 80% of which is already leased, that will be combined with two additional Class A office towers totalling 25,000 sqm GLA. The overall investment for the mall and first office building is estimated to be over €120 million. The entire project is developed to be LEED Gold certified as a green building.   
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News Globalworth completes Green Court acquisition in Bucharest
09
Aug
2017

Globalworth completes Green Court acquisition in Bucharest

by Ákos Budai
Globalworth Real Estate Investments announced the completion of the previously announced acquisition of Green Court Bucharest Building C. The transaction was effected through the acquisition of 100% of the shares of SPC Epsilon Property Development Company s.r.l., the company owning the asset, for a consideration paid to Skanska of approximately €38 million.
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News AFI Europe and Dedeman cancel sale of AFI Park offices
07
Aug
2017

AFI Europe and Dedeman cancel sale of AFI Park offices

by Ákos Budai
AFI Europe and Dedeman have agreed to cancel the sales transaction of the AFI Park 1-3 office buildings in Bucharest, Romania.
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Latest news


New leases

  • Wunderman Thompson Technology has decided to relocate its office in Poznań to the Nowy Rynek E building by Skanska, under construction at the junction of Wierzbięcice and Matya streets. In selecting the location and negotiating the lease, the tenant was supported by experts from the Poznań office of the Colliers consulting company.
  • Objectivity, an IT company, has extended its lease agreement in Wrocław's West Forum complex. The annex concerns nearly 4,400 sqm of office space and approximately 140 parking spaces.
  • Consulting firm Altman Solon has leased 900 sqm of office space on the 21st floor of the Widok Towers skyscraper in Warsaw. It will move into its new office at the end of the year.

New appointments

  • Dominik Pawlak takes the position of Director in the Office Agency department at Avison Young Poland, where he will be responsible for the company's key clients, as well as training junior team members.
  • Tezenis brand has joined the tenants of Galeria Warmińska. This is the first showroom of this Italian brand in Olsztyn in Poland. The new boutique occupies an area of approximately 190 sqm.
  • Anna Trębicka will be responsible for the integration of all CBRE business lines in the Łódź region in Poland, as well as the development and proper functioning of the Łódź branch.


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