ARTICLES LABELLED WITH TAG romania
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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21
Jan
2022
Jan
2022
Portico Investments makes new retail purchase in Bucharest
Portico Investments has purchased a new Profi store in Bucharest, in a bid to expand its Romanian portfolio.
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21
Jan
2022
Jan
2022
Yellow Tree buys office building in central Bucharest
Property group Yellow Tree has acquired an office building near Victoriei Square from a company that is under administration.
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20
Jan
2022
Jan
2022
Primark to open first store in Bucharest by year-end
International retailer Primark has announced the opening of its first store in Romania as part of an expansion bid in Central and Eastern Europe. The new store will start operations towards the end of this year and will be located in Bucharest-based ParkLake Shopping Centre, owned by Sonae Sierra.
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20
Jan
2022
Jan
2022
CTP’s industrial portfolio in Romania reaches 2.1 million sqm
CTP’s portfolio of industrial and logistics spaces in Romania reached 2.1 million sqm in January 2022, with representatives of the company suggesting that the country can become a logistics hub for the region.
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19
Jan
2022
Jan
2022
Griffes plans further expansion in Romania and beyond
2021 was a busy year for Romanian real estate agency Griffes with 44,000 sqm of office space leased, a new project as co-investor and the company’s first international leasing mandate. Andreea Paun, Managing Partner and Founder of Griffes talked to Property Forum about the results of last year and shared the company’s expansion plans for 2022.
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19
Jan
2022
Jan
2022
Romania’s construction industry is set to grow in 2022 and 2023
According to the forecast of EECFA, the Romanian construction industry is poised to grow in both 2022 and 2023. The main drivers of growth vary, including low interest rates and excess liquidity that boost the residential subsector or the use of EU 2014-2020 cohesion funds to help boost civil engineering, writes Dr Sebastian Sipos-Gug from Ebuild srl / EECFA Romania.
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19
Jan
2022
Jan
2022
New office demand in Bucharest up 47% in 2021
New demand for office spaces in Bucharest soared 47% to 104,000 sqm year-on-year in 2021, while total demand volumes gained 23% to 263,000 sqm, according to real estate consultancy Colliers.
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Latest news
- MAS sells Romanian and Bulgarian retail assets for €251 million
- Big Poland opens retail park in Dzierżoniów
- Jakob Sonne Resort brings architect-led branded residences concept to Poiana Brașov
- Urbano Group opens first phase of retail park near Cluj
- Prague office market rebounds with 81% construction surge
- Pre-lease deals drive Bucharest office market recovery
- Passerinvest to complete Prague mixed-use project in Q4 2026
- Speedwell buys Warsaw site for SplacePlus expansion
- Investors rethink strategy as capital, financing and AI reshape real estate
- CA Immo Q1 profit drops to around €16 million over divestments
New leases
- Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
- Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
- Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.
New appointments
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
- Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
- Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.
