ARTICLES LABELLED WITH TAG Romania

News Amazon to open three new offices in Romania
09
Mar
2021

Amazon to open three new offices in Romania

by Property Forum
Amazon announced that will open three new offices in Romania and add a further 500 new permanent roles by the end of 2021. Amazon plans to open a new office in Timișoara and two new offices in Iași. The company has a total permanent workforce in Romania of more than 2,500.
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News Athenee Palace Hilton Bucharest undergoes €25 million renovation
08
Mar
2021

Athenee Palace Hilton Bucharest undergoes €25 million renovation

by Property Forum
ANA Hotels, a company owned by businessman George Copos, announced an investment of €25 million in the Athenee Palace Hilton hotel in Bucharest.
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News AFI Europe builds new shopping centre in Bucharest
05
Mar
2021

AFI Europe builds new shopping centre in Bucharest

by Property Forum
AFI Europe Romania is building a small shopping centre in Bucharest, on the land where the company completed the first phase of the AFI City housing project.
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News Globalworth records 6.5% increase in NOI for 2020
05
Mar
2021

Globalworth records 6.5% increase in NOI for 2020

by Property Forum
In 2020, Globalworth’s Net Operating Income increased by 6.5% to €157.3 million, despite the negative effect (-2.3%) of the COVID-19 pandemic. The company announced its unaudited financial results for 2020.
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News Nordis launches new mixed-project in Brașov
04
Mar
2021

Nordis launches new mixed-project in Brașov

by Property Forum
Nordis Group, a real estate developer specialized in the construction of luxury real estate, announces the launch of a new exclusive complex, consisting of a hotel and residential apartments, located in Brașov.
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News VGP starts new logistics project near Bucharest
04
Mar
2021

VGP starts new logistics project near Bucharest

by Property Forum
VGP announces the acquisition of a new land plot in a prime location near Bucharest and the start of the development of its new multi-tenant business park VGP Park Bucharest. Law firm Kinstellar advised VGP Parks on the acquisition.
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News Prima Development finalises residential project in Bucharest
04
Mar
2021

Prima Development finalises residential project in Bucharest

by Property Forum
Prima Development Group announces the completion of the Boemia Apartments project, whose construction started in 2019 in Bucharest. 
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News Romania’s retail market sees shift to retail parks
03
Mar
2021

Romania’s retail market sees shift to retail parks

by Property Forum
The first year of the pandemic brought many lessons for all entrepreneurs and business executives. With plans and expectations upside down, many companies have had to adapt to new realities, regardless of the field. One of the big winners of the crisis was retail park operators that now plan heavy expansion in the coming years. Property Forum takes a look at Romania’s retail park pipeline.
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News New Ibis hotel opens in Timișoara after €10 million investment
03
Mar
2021

New Ibis hotel opens in Timișoara after €10 million investment

by Property Forum
Optim Project Management has completed its work on the new 6,715 sqm ibis Timișoara City Center for Hotel Development SA, a company owned by brothers Emil and Marius Cristescu.
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News Scallier announces 70% lease for first retail park in Romania
03
Mar
2021

Scallier announces 70% lease for first retail park in Romania

by Property Forum
Polish company Scallier has announced that 70% of available space has been leased in its first retail park under the Funshop Park brand in Romania.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

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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