ARTICLES LABELLED WITH TAG Romania

News Nova Imobiliare starts extension of Bucharest mall
12
Dec
2018

Nova Imobiliare starts extension of Bucharest mall

by Property Forum
Developer Nova Imobiliare has started the construction works for Colosseum Mall as part of the expansion plan for its Colosseum shopping centre. The construction of the mall will be carried out by Axa Trans Construct, designated as the general contractor following a selection process.
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News Speedwell invests €40 million in Cluj-Napoca mixed-use project
12
Dec
2018

Speedwell invests €40 million in Cluj-Napoca mixed-use project

by Property Forum
Belgian real estate developer Speedwell is investing €40 million in a mixed-use project in the Romanian city of Cluj-Napoca.
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News Sonae Sierra becomes sole owner of Bucharest shopping centre
12
Dec
2018

Sonae Sierra becomes sole owner of Bucharest shopping centre

by Property Forum
Portuguese group Sonae Sierra announced that it purchased the 50% stake held by its former Joint Venture partner Caelum Development in Bucharest’s ParkLake shopping centre with the intention of consolidating its presence in Romania.
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News MAS Real Estate buys Atrium Mall in Arad for €40.5 million
10
Dec
2018

MAS Real Estate buys Atrium Mall in Arad for €40.5 million

by Property Forum
MAS Real Estate, through a subsidiary, has acquired the Atrium Mall Shopping Centre in Arad, Romania from Cosmovia Holdings Limited, a member of the Demján Group based in Hungary.
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News P3 acquires 16 ha site for new park in Bucharest
06
Dec
2018

P3 acquires 16 ha site for new park in Bucharest

by Property Forum
P3 Logistic Parks has acquired a 16-hectare site in Dragomiresti Vale, a prime logistic location on the north-west outskirts of Bucharest. A new 80,000 sqm logistics park – to be known as P3 Bucharest NW Ring Road – is to be developed on the site, which has direct access to the newly extended Bucharest Ring Road and provides easy access to all parts of the Romanian capital, as well as the A1 and A3 highways.
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News NEPI Rockcastle opens Shopping City Satu Mare
06
Dec
2018

NEPI Rockcastle opens Shopping City Satu Mare

by Property Forum
After an investment of €40 million, NEPI Rockcastle opened Shopping City Satu Mare, which hosts 85 stores, including the first Carrefour hypermarket in the city.
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News South Africans remain the largest investors in Romania
06
Dec
2018

South Africans remain the largest investors in Romania

by Property Forum
Deals of over €4 billion have been signed during the last five years on the Romanian real estate market, with the most active buyers being investors from South Africa, with a market share of 28%, followed by Greek investors (14%), French (10%) and Romanians (7%), according to an analysis by Cushman & Wakefield Echinox.
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News Polish brands take Romania’s retail market
03
Dec
2018

Polish brands take Romania’s retail market

by Property Forum
Polish sportswear retailer, 50 Style, opened in October its first store in Romania, in Bucharest’s Iris Shopping Center, Titan area, on a surface of 315 sqm. Its entry on the local market confirms the real estate consultancy company’s, Colliers International Romania's, view of the Polish brands’ goal to expand in the Eastern European region, especially in Romania, where consumption has steadily increased in recent years.
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News Garanti Bank finances Timisoara project with €5.8 million
28
Nov
2018

Garanti Bank finances Timisoara project with €5.8 million

by Property Forum
Romanian developer Wallberg has secured a €5.8 million loan from Garanti Bank to finance the development of the XCity Towers project in Timisoara. XCity Towers it will be built in several stages, with a total of 955 apartments in 8 buildings. The total value of the project will exceed €62 million, of which the first stage will amount to €36 million.
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News New ibis hotel in Bucharest to open in Q3 2020
28
Nov
2018

New ibis hotel in Bucharest to open in Q3 2020

by Property Forum
Orbis Hotel Group, a strategic partner of AccorHotels, continues its expansion in Romania by signing a management contract for ibis Politehnica Hotel in Bucharest with its partner and investor Novum Business Services SRL.
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Latest news


New leases

  • Flowserve Hungary Services has leased 2,550 sqm of office space in the Liberty mixed-use building in Budapest. The company will move into this Autumn.
  • DB Logistic has signed a new lease agreement at SEGRO Logistics Park Gliwice. The company has decided to expand occupied space by a third to a total of nearly 5,000 sqm.
  • Low-cost airline flydubai has opened a new office Bucharest-based Eminescu Offices, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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