ARTICLES LABELLED WITH TAG Romania

News 80% of new retail space in Romania are retail parks
18
Mar
2021

80% of new retail space in Romania are retail parks

by Property Forum
Over 80% of the new retail space expected to be completed in 2021 will be in the form of retail parks, including smaller strip malls, highlighting a market shift towards proximity-based schemes or those with a smaller financial footprint for the developer, according to Colliers International Romania. 
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News Romania: 55% of employees work at least partially from the office
17
Mar
2021

Romania: 55% of employees work at least partially from the office

by Property Forum
A year into the pandemic, almost 55% of employees are working partially or exclusively from the office. 4 in 10 say they are satisfied with their current way of working, a study from Romanian Genesis Property shows.
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News Element Industrial appoints Andrei Jerca as MD
17
Mar
2021

Element Industrial appoints Andrei Jerca as MD

by Property Forum
Element Industrial announces the appointment of Andrei Jerca as Managing Director of the company. Prior to this position, Jerca was Head of Industrial Services within CBRE Romania.
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News Bucharest land market reached €194 million in 2020
16
Mar
2021

Bucharest land market reached €194 million in 2020

by Property Forum
In 2020, the total volume invested in land acquisitions in the Bucharest – Ilfov region reached €194 million, reflecting a 6.5% decrease compared to 2019, according to Cushman & Wakefield Echinox.  
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News Jumbo invests €35 million in its first warehouse in Romania
16
Mar
2021

Jumbo invests €35 million in its first warehouse in Romania

by Property Forum
The Jumbo toy retailer invests €35 million in its first warehouse in Romania, Profit.ro announced.
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News OTP Bank finances Prima Shops Sibiu with €9 million
16
Mar
2021

OTP Bank finances Prima Shops Sibiu with €9 million

by Property Forum
OTP Bank announced that it is granting a loan of approximately €9 million to Oasis Retail Development & Consulting, for the construction of the Prima Shops Sibiu retail park.
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News Over 24,000 resi units under construction in Bucharest
15
Mar
2021

Over 24,000 resi units under construction in Bucharest

by Property Forum
Over 24,000 residential units are in construction in Bucharest and its surroundings, according to the market report ”Romania Residential Market Genome 2021” released by real estate consultant SVN Romania. 
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News Wallberg finalises first apartment tower in Timişoara
15
Mar
2021

Wallberg finalises first apartment tower in Timişoara

by Property Forum
Wallberg completed the first tower of the XCity Towers project developed in the northern part of Timişoara and the apartments were sold in full, the company announced. 
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News Mitiska secures €123 million refinancing for Romanian portofolio
15
Mar
2021

Mitiska secures €123 million refinancing for Romanian portofolio

by Property Forum
Mitiska REIM announced it has secured a €123 million senior debt facility for its entire retail park portfolio in Romania from Erste Group Bank AG.
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News MVGM Group enters Romania's residential market
15
Mar
2021

MVGM Group enters Romania's residential market

by Property Forum
The international property management company, MVGM Group took under management the NorthLight Residence residential complex in Bucharest with a total of 110 apartments and developed by InteRo Property Development.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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