ARTICLES LABELLED WITH TAG romania

News - Nordis Group stars second phase of Mamaia project
19
Nov
2021

Nordis Group stars second phase of Mamaia project

by Property Forum
Romanian Nordis Group has kicked off the development of the second phase of Mamaia 5***** project with hotel and residential components.  
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News - One United buys controlling stake in Bucharest shopping centre
19
Nov
2021

One United buys controlling stake in Bucharest shopping centre

by Property Forum
Romanian developer One United Properties says it will take over a majority stake in Bucur Obor, a shopping centre based in Bucharest. 
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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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Latest news


New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.

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