ARTICLES LABELLED WITH TAG Romania

News - Fashion House opens €25 million outlet centre in Bucharest
27
May
2021

Fashion House opens €25 million outlet centre in Bucharest

by Property Forum
Developer Fashion House has opened its second outlet centre in Bucharest following an investment of €25 million. The project is located in the eastern part of the city and spans over 12,000 sqm. 
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News - Survey: Employees in Romania see future for offices
27
May
2021

Survey: Employees in Romania see future for offices

by Property Forum
Close to 88% of the employees in Romania believe that offices will exist in the future, but most say that the post-pandemic workspace needs to be transformed, according to a survey commissioned by Genesis Property. 
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News - VGP appoints new Commercial Country Manager for Romania
27
May
2021

VGP appoints new Commercial Country Manager for Romania

by Property Forum
Logistics developer VGP has announced the appointment of Dana Bordei as Commercial Country Manager for VGP Romania. Dana, who started with VGP at the end of April 2021, will be responsible for the further development of VGP ́s portfolio of logistics- and semi-industrial facilities on the Romanian market.
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News - Impact to deliver villas in Boreal Plus complex
27
May
2021

Impact to deliver villas in Boreal Plus complex

by Property Forum
Romania’s Impact Developer & Contractor will deliver this August the 18 villas part of Boreal Plus complex and is continuing the construction of the first 209 apartments in the Constanța-based project. 
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News - Akcent Development records €48 million turnover in 2020
27
May
2021

Akcent Development records €48 million turnover in 2020

by Property Forum
Romania’s Akcent Development Group, specialized in the development of residential and office projects in Bucharest, recorded a turnover of €48 million in 2020.
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News - Office rents in Bucharest down 12-17% compared to 2019
27
May
2021

Office rents in Bucharest down 12-17% compared to 2019

by Property Forum
The rent environment for Bucharest offices has been on a downward trend since the onset of the health crisis as flexible work arrangement that limited the presence of employees in offices were implemented, according to Investpoint.
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News - VisionApartments buys land for new project in Bucharest
27
May
2021

VisionApartments buys land for new project in Bucharest

by Property Forum
VisionApartments, a company controlled by Swiss billionaire Anja Graf, has acquired a land plot of 15.6 hectares near Bucharest where it plans to start a complex real estate investment. 
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News - Metro Cash&Carry expands warehouse near Bucharest
27
May
2021

Metro Cash&Carry expands warehouse near Bucharest

by Property Forum
German retailer Metro Cash&Carry will expand its logistics centre in Ștefăneștii de Jos, near Bucharest, in a bid to cover higher distribution demands and sales in its network. 
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News - Marmorosch Bucharest Hotel to open this summer
27
May
2021

Marmorosch Bucharest Hotel to open this summer

by Property Forum
Lithuanian hotel operator Apex Alliance Group has announced the opening this summer of its most extensive project in Romania, The Marmorosch Bucharest, Autograph Collection. 
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News - BSTDB grants €10 million for energy efficiency in Romania
25
May
2021

BSTDB grants €10 million for energy efficiency in Romania

by Property Forum
The Black Sea Trade and Development Bank (BSTDB) has provided a loan worth €10 million to Garanti BBVA Consumer Finance. The funding will support residential investments in energy improvements and resource efficiency. 
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Latest news


New leases

  • The owners of the luxury patisserie chain DESEO Patisserie & Chocolaterie have extended their long-term lease at the Vis à Vis Wilanów retail park. The company occupies 93 sqm of stylishly arranged space within the building.
  • Funky Buddha, an international fashion brand part of the ALTEX S.A. group, is continuing its expansion into the Romanian market with the inauguration of its first store outside Bucharest, located in Iulius Town Timișoara. The new location, situated on the ground floor of the complex, marks the brand's second physical presence in the country.
  • HalfPrice has leased close to 1,600 sqm for a new store at M1 Radom centre, managed by EPP. CCC will also spend further years with M1, having renewed its lease agreement. The total area covered by the new and extended contracts exceeds 2,100 sqm.

New appointments

  • 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.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.
  • Peakside Capital Advisors is strengthening its Polish structure, expanding its expertise in investment management and development project execution. Łukasz Meisner has joined the team as Head of Project Management. He will be responsible for the comprehensive management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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