ARTICLES LABELLED WITH TAG romania

News - Professional investors still take an interest in office buildings
19
Nov
2021

Professional investors still take an interest in office buildings

by Property Forum
Romanian law firm Stratulat Albulescu has closed a significant number of land deals and transactions involving various heritage properties this year. Silviu Stratulat, Managing Partner of Stratulat Albulescu talked to Property Forum about the attractive fiscal environment for property investments and the market segments that record the biggest development volumes at present.
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News - Immofinanz completes €7 million overhaul of VIVO! Baia Mare
19
Nov
2021

Immofinanz completes €7 million overhaul of VIVO! Baia Mare

by Property Forum
Real estate group Immofinanz says it has reopened over 10,000 sqm of leasable space in VIVO! Baia Mare and added new retailers as part of an investment of €7 million in overhauling the shopping centre.
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News - Suburban and rural residential markets gain ground in Romania
17
Nov
2021

Suburban and rural residential markets gain ground in Romania

by Property Forum
Working from anywhere and social distancing recommendations have led to a population migration trend towards quieter areas in the suburbs or in localities around big Romanian cities on the back of the ongoing health crisis, according to a report of real estate consultancy Colliers. 
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News - Revetas shifts Romanian portfolio to renewable energy
17
Nov
2021

Revetas shifts Romanian portfolio to renewable energy

by Property Forum
Revetas Group says it has shifted its entire portfolio of assets in Romania to renewable energy, as a continuation of the company’ commitment to ESG practices. 
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News - Topband Europe leases 11,000 sqm in Timșoara
17
Nov
2021

Topband Europe leases 11,000 sqm in Timșoara

by Property Forum
Smart controller provider Topband Europe has leased 11,000 sqm of industrial spaces in the Olympian Park based in Timișoara, in a deal that marks the entry of the Chinese company on the Romanian market.
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News - Romania's Genesis Property joins UN Global Compact
17
Nov
2021

Romania's Genesis Property joins UN Global Compact

by Property Forum
Genesis Property, the biggest Romanian owner of offices, has become the first real estate developer in the country that joined the United Nations (UN) global community for sustainability and durable development.
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News - Mitiska REIM expands Romanian retail portfolio
16
Nov
2021

Mitiska REIM expands Romanian retail portfolio

by Property Forum
Property developer Mitiska REIM has opened a new retail park in Baia Mare and inaugurated an extension of another retail project in Mediaș. The development activity was carried out in partnership with Square 7 Properties. 
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News - Hagag Development Europe makes first hotel acquisition in Romania
16
Nov
2021

Hagag Development Europe makes first hotel acquisition in Romania

by Property Forum
Property developer Hagag Development Europe has purchased Susai Hotel in Romanian mountain resort Predeal, in a move that marks the first transaction outside Bucharest. 
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News - The greener the property, the higher the resale value
16
Nov
2021

The greener the property, the higher the resale value

by Ovidiu Nicolae
Phase 2 of Bucharest-based multi-family project Atria Urban Resort is already 75% pre-sold with completion of the project scheduled for 2024. Liria Themo, Marketing Manager at Atria Urban Resort talked to Property Forum about the importance of sustainability and flexibility in residential development and also shared the company’s future plans and her market expectations.
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News - Point Development to deliver next phase of Bucharest resi scheme soon
15
Nov
2021

Point Development to deliver next phase of Bucharest resi scheme soon

by Property Forum
Property company Point Development says it will deliver 107 apartments in its resi scheme City Point in the first half of 2022.  
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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