ARTICLES LABELLED WITH TAG romania
31
Jan
2022
Jan
2022
Forty Management expects revenues of €80 million in 2022
Romanian developer Forty Management expects a turnover of 397 million lei (€80 million) and a net profit of 188 million lei (€38 million) in 2022, while total investments in residential projects across Bucharest will reach 155 million(€31.3 million).
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28
Jan
2022
Jan
2022
Praktiker Real Estate buys Vitantis Shopping Center in Bucharest
Revetas Capital has sold Vitantis Shopping Center in Bucharest, with a leasable area of around 50,000 sqm, to Praktiker Real Estate, owned by businessman Omer Susli, for an undisclosed sum, according to economedia.ro.
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27
Jan
2022
Jan
2022
Global Vision invests in industrial park near Bucharest Airport
Romanian developer Global Vision will invest €70 million in Bucharest Airport Park near Otopeni Airport. The first development phase of the new logistics project will kick off this year and the first warehouse could have a leasable area up to 10,000 sqm, depending on demand, said Sorin Preda, Global Vision’s CEO, according to zf.ro.
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27
Jan
2022
Jan
2022
Scallier to develop new retail park in Vaslui
Polish developer Scallier has secured a building permit for a new retail park with a leasable area of 9,975 sqm in Vaslui, Eastern Romania.
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27
Jan
2022
Jan
2022
Prima Development delivers €23 million resi project in Bucharest
Prima Development Group has announced the completion of the Core Timpuri Noi residential project in Bucharest following an investment of €23 million.
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27
Jan
2022
Jan
2022
Alesonor starts construction of villas near Bucharest
Developer Alesonor has kicked off the construction of the first villas in Amber Forest suburb located near Bucharest.
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26
Jan
2022
Jan
2022
Property investments in Romania going for €1 billion mark in 2022
Investment transactions on the Romanian real estate market could exceed the €1 billion threshold this year, considering the projects in various stages of negotiation, according to Colliers. At present, there are several transactions in the pipeline worth at least €100 million each, and others are ready to go on the market
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26
Jan
2022
Jan
2022
Financial sector drives office demand in Bucharest
Financial companies were the most active in the Bucharest office lease market during 2021, according to a report by real estate consultancy Cushman & Wakefield Echinox.
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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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Latest news
- Matexi Polska raises €25 million through bond issue
- SCF enters Romania with €40 million retail park deal
- Strabag acquires Romanian railway firm Bawi Construction
- Logistics continues to lead the market
- CTP attracts first tenants in Plzeň redevelopment project
- Panattoni secures financing for Poznań logistics park
- Panattoni starts industrial project in Prague
- Europe looks more attractive to investors compared to US
- Arcona Capital and Reino Group launch pan-European investment platform
- Solida Capital enters Romanian resi market
New leases
- Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
- Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
- Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- 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.
