ARTICLES LABELLED WITH TAG Romania

News Romania is on the right track this time
25
Sep
2017

Romania is on the right track this time

by Ákos Budai
The Romanian market has attracted strong interest from international investors in recent years. Solid economic growth, improving perception and the availability of quality investment products have all contributed to the €400 million transaction volume registered in 2017. Andrei Văcaru, Associate Director of Capital Markets at JLL Romania explained Property Forum why Romania is on the right track.
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News Portland Trust to invest €50 million in Bucharest project
18
Sep
2017

Portland Trust to invest €50 million in Bucharest project

by Property Forum
Real estate developer Portland Trust and American investment fund Ares Management LP will invest €50 million in the development of the third building at Oregon Park in the northern part of Bucharest. The new office building will comprise25,000 sqm and should be completed by the end of 2018.
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News TriGranit plans to expand into Southeastern Europe
18
Sep
2017

TriGranit plans to expand into Southeastern Europe

by Ákos Budai
The CEO of TriGranit is still optimistic for 2017 on the Budapest property market, but he expects some kind of correction in the coming years. The question is: will this correction take place in the form of a market stabilisation or will it bring on a significant downturn? Árpád Török talked to Property Forum about TriGranit’s plans for new developments and acquisitions.
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News Bucharest office market to expand in 2018
18
Sep
2017

Bucharest office market to expand in 2018

by Property Forum
The significant increase in interest from international investors looking for the best formats of cooperation with local developers sends a powerful message to the market in Romania’s capital city. Importantly, the abovementioned interest applies not only to the office sector, but also to the retail and logistics ones.
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News Revetas Capital to buy Radisson Blu Bucharest for €177 million
13
Sep
2017

Revetas Capital to buy Radisson Blu Bucharest for €177 million

by Property Forum
Revetas Capital, an investment fund founded and managed by an American real estate broker Eric Assimakopoulos, is close to buying the Radisson Blu Bucharest hotel for €177.5 million, according to market sources. If completed, this will become the largest transaction on the Romanian property market in recent years.
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News CTP to invest €15 million in new Cluj-Napoca development
13
Sep
2017

CTP to invest €15 million in new Cluj-Napoca development

by Property Forum
CTP will invest €15 million in developing a new logistics park near Cluj-Napoca, Romania. CTPark Cluj II will be located in Floresti, Cluj County and will have a total leasable area of 29,000 sqm.
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News AFI Europe sets the cornerstone of AFI Brasov
12
Sep
2017

AFI Europe sets the cornerstone of AFI Brasov

by Ákos Budai
AFI Europe set the cornerstone of AFI Brasov, the company’s third shopping mall in Romania and announced the advancement of construction works. AFI Brasov will include 200 shops and retail units with 80% of total space already leased. The first stage of construction includes a shopping center with a total gross leasable area of 45,000 sqm and one of the two Class A office towers that stretch over an area of 25,000 sqm GLA. The investment at this stage is of over €120 million. The company estimates that the delivery date of the project is Q1 2019.
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News CTP reveals ambitious plans for growth in Romania
06
Sep
2017

CTP reveals ambitious plans for growth in Romania

by Ákos Budai
The Romanian commercial property market has turned over a new leaf in recent years. Thanks to growing interest from international investors 2017 is set to become a record year on the Romanian investment market. The industrial market is among the segments growing especially strongly with one player in particular expanding its portfolio rapidly. Ana Dumitrache, Co-Country Head of CTP Romania shared her take on the Romanian market.
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News New appointment at Colliers International Romania
06
Sep
2017

New appointment at Colliers International Romania

by Ákos Budai
Colliers International strengthens its office spaces consultancy team by hiring Sebastian Dragomir for the position of Office Advisory Director. Sebastian Dragomir has over 12 years of experience in real estate, time during which he has worked on the office, industrial, land and landlord representation segments and formerly occupied the position of Senior Leasing Manager at Immofinanz Romania.
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News CTP acquires two logistics parks in Romania for €18 million
04
Sep
2017

CTP acquires two logistics parks in Romania for €18 million

by Ákos Budai
CTP has acquired two logistics parks located in Western Romania from Slovak group IPEC for €18 million. The two assets are located in Ineu, Arad County and Salonta, Bihor County and have a total leasable area of 37,000 sqm.
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Latest news


New leases

  • A popular brand joins the ranks of tenants at Galeria Bemowo in Warsaw. The Tchibo shop opened on Thursday, February 2nd. The store, with an area of over 155 sq m, is located on the ground floor.
  • Emons is expanding its network of logistics centres in the Czech Republic. As of February 2023, Emons opens a new logistics centre in Ostředek, leasing over 6,000 sqm of warehouse space in the Sázava Logistics Park.
  • OmniOffice, a serviced office provider, is joining the tenants of Warsaw UNIT. The company has leased 3090 sqm of office space in a Ghelamco high-rise building in the Polish capital.

New appointments

  • Daniel Cateliu has been appointed as Director in the Industrial & Logistics department of real estate consultancy CBRE Romania. He is currently pursuing an EMBA at the University of Sheffield in the UK. Cateliu is a graduate of the Faculty of Political Sciences within the SNSPA, subsequently following a master's program and earning an Erasmus scholarship at the University of Trieste in Italy.
  • Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.
  • Piotr Chemperek has joined the experts of the Office Space Department at Colliers Poland, taking the position of Associate Director. He will be responsible for advising companies in the medical sector.


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