ARTICLES LABELLED WITH TAG Romania

News Romanian investment market continues to boom
15
Nov
2017

Romanian investment market continues to boom

by Property Forum
The industrial, logistics and office sectors in Bucharest were the drivers of the real estate development market in the first nine months of the year, while the retail sector recorded the lowest growth rate in terms of projects delivered in this period of time. On the property investment market, the retail sector was the star, cumulating 60% of the volume traded in the first nine months.
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News Bucharest’s Veranda Mall to be expanded
13
Nov
2017

Bucharest’s Veranda Mall to be expanded

by Property Forum
The developer of Bucharest’s Veranda mall will begin work on expanding it one year after inauguration, zf.ro reports.
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News CTP buys Phoenix Logistics Center for €7 million
13
Nov
2017

CTP buys Phoenix Logistics Center for €7 million

by Property Forum
CTP has acquired Phoenix Logistics Center (PLC) from the Dutch company LSREF3 Alpha Dutch Holdings B.V. The centre has been integrated into CTPark Bucharest and is located in Chiajna, 10 km from Bucharest’s centre.
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News IT firms drive demand in Bucharest
13
Nov
2017

IT firms drive demand in Bucharest

by Property Forum
The Bucharest office market saw a net take-up of close to 45,000 sqm in this year’s third quarter. According to data from Colliers International, the demand came mostly from IT and BPO/SSC companies, including from the new entries in the market: Amazon, GoPro and Systematic.
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News NEPI Rockcastle invests €30 million in Shopping City Galati
08
Nov
2017

NEPI Rockcastle invests €30 million in Shopping City Galati

by Property Forum
NEPI Rockcastle has invested nearly €30 million in the expansion and modernisation of Shopping City Galati and the first brands that will appear following the expansion will be inaugurated on November 16. An additional 21,000 sqm was added to the 27,000 sqm shopping centre.
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News Immofinanz sells two land plots in Bucharest
03
Nov
2017

Immofinanz sells two land plots in Bucharest

by Property Forum
Immofinanz started selling land plots from the portfolio of Adama, a residential developer part of the Immofinanz Group. Two land plots located in the Bucharest area have already been sold, while the transaction for another piece of land is set to be finalised in November. The three assets have a total surface area of almost 36,000 sqm. The parties have agreed not to disclose further details.
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News AFI Europe Romania starts leasing of AFI Park Brasov
02
Nov
2017

AFI Europe Romania starts leasing of AFI Park Brasov

by Property Forum
Real estate developer AFI Europe Romania announced the start of the leasing campaign for the AFI Park Brasov Class A office project. The company is already in advanced discussions with two potential tenants to occupy 4,000 sqm GLA in the first office tower developed in AFI Park Brasov.
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News Zacaria to expand Oradea industrial park
02
Nov
2017

Zacaria to expand Oradea industrial park

by Property Forum
Real estate developer Zacaria announced the expansion of Western Industrial Park in Oradea with a new warehouse of more than 6,300 sqm, already commissioned by a German tenant in the process of opening its first subsidiary in Romania.
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News Bucharest’s ParkLake gets certified
31
Oct
2017

Bucharest’s ParkLake gets certified

by Property Forum
The ParkLake shopping mall in Bucharest, developed by a joint venture of Sonae Sierra and Caelum Development, has received a BREEAM certification with a rating of ‘Excellent’.
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News MLP Group launches new investment project in Romania
31
Oct
2017

MLP Group launches new investment project in Romania

by Property Forum
Polish developer MLP Group will build a new logistics park in Romania. The development project will be executed near Bucharest on an 18.8 ha plot of land. The target total area of this complex of facilities will be approx. 80,000 square meters of modern warehousing space.
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Latest news


New leases

  • A new tenant has moved into the Eximius Park office complex near Kraków. GoE Wellness is a British healthy lifestyle start-up that is expanding its operations in Europe. The company's new office has an area of approximately 900 sqm and is located in building 200.
  • Galeria Jurajska is strengthening its offer. Three new tenants - fashion brands Quiosque and Lovisa and patisserie Lody Czewskie - will soon appear in the Częstochowa shopping centre.
  • Retail Park Dzierżoniów (Poland) is expanding its fashion offer with a New Yorker brand shop. The new tenant will occupy an area of over 1,300 sqm.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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