ARTICLES LABELLED WITH TAG Romania

News Hornbach to open second Cluj-Napoca store this summer
11
Jun
2021

Hornbach to open second Cluj-Napoca store this summer

by Property Forum
German DIY retailer Hornbach will open its second store in Cluj-Napoca this summer, according to a statement of Optim Project Management, which manages the development process. 
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News Havi Logistics to open hub near Bucharest
10
Jun
2021

Havi Logistics to open hub near Bucharest

by Property Forum
Havi Logistics will open in the coming months a 21,000 sqm distribution center in Chitila Logistics Hub, a project jointly developed by Globalworth and Global Vision near Bucharest. 
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News One United secures €50 million for Romanian projects
08
Jun
2021

One United secures €50 million for Romanian projects

by Property Forum
Real estate developer One United Properties got €50 million in fresh funding for residential projects through a private placement of a senior secured debt note carried out by CC@ONE Properties Invest AG. 
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News Genesis updates Bucharest office building to highest IMMUNE standard
07
Jun
2021

Genesis updates Bucharest office building to highest IMMUNE standard

by Property Forum
Building H3, part of West Gate Business District, in Bucharest, got the highest certification level of the IMMUNE Building Standard. The offices, owned by Genesis Property, are fully occupied by telecom company Ericsson.
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News Iulius puts €35 million in Palas Campus Iași infrastructure
04
Jun
2021

Iulius puts €35 million in Palas Campus Iași infrastructure

by Property Forum
Romanian real estate developer Iulius says it will invest around €35 million in the infrastructure and urban mobility features for its Palas Campus project in Iași. The mixed-use project will feature 54,000 sqm of office spaces targeting tech companies and 6,000 sqm of retail spaces.
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News Radisson Blu Hotel Bucharest unveils new interior
03
Jun
2021

Radisson Blu Hotel Bucharest unveils new interior

by Property Forum
Radisson Hotel Group announced the relaunch and repositioning of Radisson Blu Hotel Bucharest, following a major capital investment to transform the hotel’s lobby and garden area, as well as increase the hotel’s room inventory by more than 600 rooms.
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News P3 records Q1 leasing of over 35,800 sqm in Romania
02
Jun
2021

P3 records Q1 leasing of over 35,800 sqm in Romania

by Property Forum
Warehouse owner and developer P3 Logistic Parks says it leased over 35,800 sqm of logistics and office space in Romania in Q1 2021. The company renewed contracts for more than 22,500 sqm of spaces, while the rest was represented by new leases.  
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News UiPath founder’s company buys 5% of One United Properties shares
01
Jun
2021

UiPath founder’s company buys 5% of One United Properties shares

by Property Forum
An investment company controlled by UiPath founder Daniel Dines has acquired 5% of the shares of One United Properties, a Romanian real estate development company founded by Victor Căpitanu and Andrei Diaconescu.
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News Impact gets €10.6 million loan for Boreal Plus development
31
May
2021

Impact gets €10.6 million loan for Boreal Plus development

by Property Forum
Romania’s Impact Developer & Contractor says it secured a loan worth €10.6 million from CEC Bank that will used for the completion of the first phase of Boreal Plus residential complex in Constanța.
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News Poland to register quickest revenue recovery among CEE countries
30
May
2021

Poland to register quickest revenue recovery among CEE countries

by Ákos Budai
Commercial property is viewed as having below-average risk levels in most CEE countries. Revenues from different asset classes are expected to recover to pre-COVID levels most rapidly in Poland, according to the RICS Global Commercial Property Monitor for Q1 2021.
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Latest news


New leases

  • GTC has extended its lease for 1,700 square meters of office space with pharmaceutical company Egis Polska. The company will continue its operations in the Corius building at the Aeropark Business Centre in Warsaw.
  • IMSAT, a company that offers integrated engineering, electrical, automation, and industrial technology solutions, has expanded its office space, within Bucharest-based The Bridge office building, to 3,800 sqm. The deal was brokered by Cushman & Wakefield Echinox.
  • AutoWallis Group, the automotive retail and mobility service provider, has leased 5,600 sqm for its new HQ in the mixed-use Liberty complex, developed by Wing in Budapest.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.

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