ARTICLES LABELLED WITH TAG romania
28
Jan
2022
Jan
2022
Praktiker Real Estate buys Vitantis Shopping Center in Bucharest
Revetas Capital has sold Vitantis Shopping Center in Bucharest, with a leasable area of around 50,000 sqm, to Praktiker Real Estate, owned by businessman Omer Susli, for an undisclosed sum, according to economedia.ro.
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27
Jan
2022
Jan
2022
Global Vision invests in industrial park near Bucharest Airport
Romanian developer Global Vision will invest €70 million in Bucharest Airport Park near Otopeni Airport. The first development phase of the new logistics project will kick off this year and the first warehouse could have a leasable area up to 10,000 sqm, depending on demand, said Sorin Preda, Global Vision’s CEO, according to zf.ro.
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27
Jan
2022
Jan
2022
Scallier to develop new retail park in Vaslui
Polish developer Scallier has secured a building permit for a new retail park with a leasable area of 9,975 sqm in Vaslui, Eastern Romania.
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27
Jan
2022
Jan
2022
Prima Development delivers €23 million resi project in Bucharest
Prima Development Group has announced the completion of the Core Timpuri Noi residential project in Bucharest following an investment of €23 million.
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27
Jan
2022
Jan
2022
Alesonor starts construction of villas near Bucharest
Developer Alesonor has kicked off the construction of the first villas in Amber Forest suburb located near Bucharest.
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26
Jan
2022
Jan
2022
Property investments in Romania going for €1 billion mark in 2022
Investment transactions on the Romanian real estate market could exceed the €1 billion threshold this year, considering the projects in various stages of negotiation, according to Colliers. At present, there are several transactions in the pipeline worth at least €100 million each, and others are ready to go on the market
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26
Jan
2022
Jan
2022
Financial sector drives office demand in Bucharest
Financial companies were the most active in the Bucharest office lease market during 2021, according to a report by real estate consultancy Cushman & Wakefield Echinox.
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26
Jan
2022
Jan
2022
Eden Capital Development records sales of over €90 million in 2021
Romanian developer Eden Capital Development, which focuses on the Bucharest residential market, recorded total sales of over €90 million during 2021, at an average transaction of over €120,000 for an apartment.
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25
Jan
2022
Jan
2022
RE/MAX Romania transaction activity tops €300 million in 2021
Real estate consultancy RE/MAX Romania brokered property deals worth more than €300 million in 2021 and almost doubled its commission income to €10.5 million.
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21
Jan
2022
Jan
2022
Art Property to boost residential management operations in Romania
Art Property, the developer of the €20 million Art City residential complex in Bucharest, is looking to expand its presence in the property management field and appointed a new management team to implement the operational plans.
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Latest news
- Fiege expands 21,000 sqm across three Panattoni parks
- Optimism prevails in CEE real estate as geopolitical risk looms large
- Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
- Hungary's residential market surges 32% in March
- Genesis Property gets green certification for Yunity Park building in Bucharest
- Arete sells Slovak industrial park to Erste fund
- ULI Poland invites market to conference on new balance of forces shaping real estate
- How is agentic AI turning into real estate’s new operating advantage
- NEPI Rockcastle looks beyond CEE for next phase of growth
- NEPI Rockcastle introduces new senior leadership team
New leases
- Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
- Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
- Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
