ARTICLES LABELLED WITH TAG Romania

News - One United Properties pays cash dividends of €6.5 million
13
Sep
2021

One United Properties pays cash dividends of €6.5 million

by Property Forum
Romanian developer One United Properties will distribute 32.5 million lei (around €6.5 million) in cash dividends, while its share capital will be increased by up to 288.8 million lei (€58.4 million), according to a voted of shareholders. 
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News - Element Industrial invests over €25 million in Brăila
13
Sep
2021

Element Industrial invests over €25 million in Brăila

by Property Forum
Romanian developer Element Industrial will invest over €25 million in the development of ELI Park Brăila, a new logistics park that will have a gross leasable area of 50,000 sqm. 
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News - Industrial stock in Romania to reach 6 million sqm
10
Sep
2021

Industrial stock in Romania to reach 6 million sqm

by Property Forum
The industrial and logistics market in Romania continues to grow in terms of leasing activity and supply of new projects, with some 800,000 sqm in new stock under development at present.  
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News - Vastint to expand mixed-use project in Bucharest
09
Sep
2021

Vastint to expand mixed-use project in Bucharest

by Property Forum
Property developer Vastint is looking to secure permits to kick off the construction of the second phase of its mixed-use project Timpuri Noi Square (TNS) located in Bucharest. 
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News - Romanian residential prices up 2% in August
08
Sep
2021

Romanian residential prices up 2% in August

by Property Forum
Asking prices of apartments in Romania were up 2% in August compared to the previous month to €1,508 per sqm, according to property portal Imobiliare.ro. 
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News - Romanian employees look for healthy and green offices
07
Sep
2021

Romanian employees look for healthy and green offices

by Property Forum
A new survey by Genesis Property shows that 43% of Romanian employees believe that the main feature of their offices should be a healthy space, while 23% say that the workspaces should have a good resource management that includes the usage of renewable energy and efficient recycling. 
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News - Fortress buys 50,000 sqm industrial park near Bucharest
06
Sep
2021

Fortress buys 50,000 sqm industrial park near Bucharest

by Property Forum
Property investment trust Fortress, based in South Africa, has reached an agreement to purchase ELI Park 1, an industrial project in Buftea-Chitila, near Bucharest, for an undisclosed sum. The sellers of the 50,000 sqm project are Element Industrial and Pavăl Holding.
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News - ESG is set to rewrite the rules of real estate financing
06
Sep
2021

ESG is set to rewrite the rules of real estate financing

by Ákos Budai
Marius Persenea, Chief Operating Officer of Romanian real estate developer IULIUS talked to Property Forum about financing, sustainable development and future plans for different market segments.
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News - Impact to develop over 10,000 homes in Romania by 2027
03
Sep
2021

Impact to develop over 10,000 homes in Romania by 2027

by Property Forum
Romanian Impact Developer & Contractor said it plans to develop 1.25 million sqm by 2027, respectively over 10,000 homes in the medium - affordable segment, with an estimated market value of €1.4 billion without VAT. 
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News - New retail schemes of 121,000 sqm expected this year in Romania
03
Sep
2021

New retail schemes of 121,000 sqm expected this year in Romania

by Property Forum
Romania’s retail sector will see new deliveries of projects covering around 121,000 sqm, of which 62% are small structure, mainly retail parks, according to a report by real estate consultancy Colliers. 
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Latest news


New leases

  • Engineering company Sanborn will relocate its production capacities to the new Aventin Business Park industrial complex as of August 2026. The company will lease nearly 8,000 sqm of premium space at the site. The long-term lease was brokered by Savills.
  • Scandinavian retailer JYSK has leased 1,000 sqm in Lemon Retail Park. In this transaction, Colliers represented the Synergy group, the developer and owner of Lemon Retail Park.
  • Romanian InSpace Engineering (RISE) has leased a 1,000 sqm space in the Bucharest-based Central Business Park building, in a deal brokered by Esop Consulting.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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