ARTICLES LABELLED WITH TAG Romania

News Globalworth advises shareholders to take no action
26
Apr
2021

Globalworth advises shareholders to take no action

by Property Forum
On 14 April 2021, CPI Property Group S.A. and Aroundtown SA unilaterally announced a firm intention to make a cash offer for the share capital of Globalworth not already owned or controlled by them at €7.00 per Globalworth share. On 19 April 2021, Globalworth announced the formation of an independent committee of the Board to evaluate the offer.
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News Impact Developer & Contractor revenues up 28% in 2020
26
Apr
2021

Impact Developer & Contractor revenues up 28% in 2020

by Property Forum
Revenues of Impact Developer & Contractor totalled €42.3 million in 2020, up 28% year-on-year, driven by higher residential sales for its Bucharest-based projects. 
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News Genesis Property: Indoor air quality matters now more than ever
26
Apr
2021

Genesis Property: Indoor air quality matters now more than ever

by Property Forum
Indoor air and water quality is not something many people give too much attention to when it comes to the office buildings where they work and spend most of their time during the day. At home, they invest in products like air purifiers and water filtration systems; at work, they rely on their employer or building owner and, most of the time, they take what they get without sometimes even considering if it may or may not affect their health, writes Dr. Darren Allen, Director of the Healthy by Design Building Institute, in an opinion piece for Property Forum
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News Uniqa Real Estate completes acquisition of Bucharest building
23
Apr
2021

Uniqa Real Estate completes acquisition of Bucharest building

by Property Forum
Uniqa Real Estate, part of the insurance group, has completed the acquisition of The Light One office building in Bucharest from River Development for an undisclosed sum. 
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News WDP plans expansion in Romania with new assets
23
Apr
2021

WDP plans expansion in Romania with new assets

by Property Forum
Belgian logistics developer WDP announced that it is buying several land plots near Bucharest and aims to develop a new logistics centre in Transylvania. The company is currently finalising the acquisition of new land positions in the Bucharest region in the amount of €10 million, WDP announced in an interim statement for Q1 2021.
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News 45% of employees expect a full return to office life in Romania
21
Apr
2021

45% of employees expect a full return to office life in Romania

by Property Forum
Close to half of employees in Romania would like to return full-time to offices, while more than one third would opt for the hybrid model that combines remote and in-office activities, according to a new survey by Genesis Property. 
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News Avison Young plans further expansion in CEE
20
Apr
2021

Avison Young plans further expansion in CEE

by Ákos Budai
Avison Young has significantly increased its CEE presence in recent months and the company is planning further expansion. Gerry Hughes, Principal and President of Avison Young Europe talked to Property Forum about the firm’s strategy for CEE and shared his expectations regarding the future of the advisory business.
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News Iulius gets €72 million loan for green office investment
20
Apr
2021

Iulius gets €72 million loan for green office investment

by Property Forum
International Finance Corporation (IFC), part of the Word Bank Group, is providing a €72 million loan to a subsidiary of Iulius Holding for the development of a new green office project in Iași, northeastern Romania. 
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News One United Properties plans IPO in Bucharest
19
Apr
2021

One United Properties plans IPO in Bucharest

by Property Forum
Shareholders of One United Properties have approved the intention of the developer to list its shares on the Bucharest Stock Exchange (BVB). 
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News Portico Investments sells six buildings in Romania
19
Apr
2021

Portico Investments sells six buildings in Romania

by Property Forum
Real estate group Portico Investments has sold six buildings from its Romanian portfolio to Praktiker Real Estate and Lidl Romania, in two deals totaling over €8.5 million. 
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

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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