ARTICLES LABELLED WITH TAG Romania

News UiPath founder seeks to buy stake in One United Properties
12
May
2021

UiPath founder seeks to buy stake in One United Properties

by Property Forum
Romanian billionaire Daniel Dines, the founder of NYSE-listed automation software manufacturer UiPath, is reportedly looking to buy a minority stake in local real estate developer One United Properties before the company's planned IPO on the Bucharest Stock Exchange next month.
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News Cargus invests €500,000 in a new warehouse in Buzău
11
May
2021

Cargus invests €500,000 in a new warehouse in Buzău

by Property Forum
Delivery firm Cargus has opened a new warehouse in Buzău, following an investment of €500,000, which will support its growing business volumes. 
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News Romanian 4-month property investments at €140 million
11
May
2021

Romanian 4-month property investments at €140 million

by Property Forum
The volume of investments in Romania’s property sector exceeded €140 million in the first four months of 2021 due to a positive market sentiment, according to a report by real estate consultancy Crosspoint Real Estate. 
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News Globalworth buys two industrial parks in western Romania
11
May
2021

Globalworth buys two industrial parks in western Romania

by Property Forum
Globalworth has announced the acquisition of two industrial projects in western Romania for almost €18 million. The company took over Industrial Park West Arad and Industrial Park West Oradea, with a total area of 27,000 sqm that is fully leased. 
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News Atenor sells Bucharest office complex to Adventum
11
May
2021

Atenor sells Bucharest office complex to Adventum

by Property Forum
Belgian real estate developer Atenor says it struck a deal to sell its Bucharest-based office project Hermes Business Campus to Adventum International, a Malta-based boutique investment fund manager and its partners for an undisclosed sum.
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News Speedwell inks furniture supply deal with Rovere Mobili
10
May
2021

Speedwell inks furniture supply deal with Rovere Mobili

by Property Forum
Real estate developer Speedwell has concluded a partnership with Rovere Mobili that covers the residential projects The Ivy and Record Park in Bucharest.  
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News Prima Development Group invests €20 million in Bucharest
07
May
2021

Prima Development Group invests €20 million in Bucharest

by Property Forum
Real estate company Prima Development Group is investing €20 million in a residential project located in Timpuri Noi area, Bucharest’s emerging business hub. 
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News C&W Echinox: Bucharest office space usage at 50%
06
May
2021

C&W Echinox: Bucharest office space usage at 50%

by Property Forum
New office projects with a combined surface of 220,000 sqm will be delivered in Bucharest this year, up compared with the stock of 155,000 sqm that was finished during 2020, according to Cushman & Wakefield Echinox.
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News Poland and Czech Republic remain the most liquid markets in CEE
05
May
2021

Poland and Czech Republic remain the most liquid markets in CEE

by Property Forum
Cushman & Wakefield has summarised the first quarter of 2021 in the CEE commercial real estate market. Investment volume at the end of the first quarter stands at €2 billion, down by around 20% compared to the same period in 2020.
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News Romanian industrial market to add 600,000 sqm this year
05
May
2021

Romanian industrial market to add 600,000 sqm this year

by Property Forum
The development of the industrial and logistics market remains strong in 2021 in terms of leasing transactions and deliveries of new projects. Demand for new spaces across Romania is driven by automotive and retail players. 
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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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