ARTICLES LABELLED WITH TAG romania

News - We’re heading towards a fast-paced recovery
06
Aug
2021

We’re heading towards a fast-paced recovery

by Ákos Budai
Oxford Economics, one of the sources of CBRE Research, predicts a GDP growth of 6.9% for Romania, most likely the highest in the CEE region. With this in mind, it is clear that we are heading towards a fast-paced recovery. Luiza Moraru, Head of Property Management CEE at CBRE shared some facts and figures on investment market trends and talked about the growing activity of local investors on the Romanian market.
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News - Property investments in Romania at €303.6 million in H1
03
Aug
2021

Property investments in Romania at €303.6 million in H1

by Property Forum
Investments in Romania’s commercial real estate sector amounted to €303.6 million in the first half of the year, which was a drop of 21% compared to the same period of 2020, according to CBRE Research data. 
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News - Cordia has major plans for Bucharest
03
Aug
2021

Cordia has major plans for Bucharest

by Property Forum
Mauricio Mesa Gomez, Country Manager of Cordia Romania and Spain and member of Cordia’s Board of Directors discussed the company’s development plans and the prospects of Romania’s residential market with Property Forum.
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News - Bucharest office stock to add 200,000 sqm in H2
30
Jul
2021

Bucharest office stock to add 200,000 sqm in H2

by Property Forum
The new office supply in Bucharest is set to exceed 200,000 sqm in the second half of this year, with almost two thirds of the offices scheduled for delivery by year’s end already pre-leased. 
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News - Alinso Group expects industrial demand to grow in Romania
30
Jul
2021

Alinso Group expects industrial demand to grow in Romania

by Ákos Budai
Ivan Lokere, CEO of Belgium-based real estate developer Alinso Group talked to Property Forum about the trends driving real estate markets in today’s economy and restated the company’s commitment to the Romanian market.
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News - Bucharest land market remains in growth mode
29
Jul
2021

Bucharest land market remains in growth mode

by Property Forum
The Bucharest land market is registering an increase of prices fueled by higher demand from developers that want to secure strategic locations in the city for new projects. 
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News - Atenor completes sale of Bucharest office campus
29
Jul
2021

Atenor completes sale of Bucharest office campus

by Property Forum
Property developer Atenor says it has concluded the sale of Hermes Business Campus in Bucharest to Adventum Group, an investment manager focused on Central and Eastern Europe. 
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News - New apartments in Romania to register 20% price hikes
28
Jul
2021

New apartments in Romania to register 20% price hikes

by Ovidiu Nicolae
One of the most active residential developers of the Romanian market estimates at least a 20% increase in prices for new projects and 5-10% higher prices for the under-development units. Tinu Sebeșanu, CEO of IMPACT Developer & Contractor talked to Property Forum about financing conditions, market trends, ongoing projects and new developments on the horizon.
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News - Nordis invests €15 million in Bucharest luxury apartments
27
Jul
2021

Nordis invests €15 million in Bucharest luxury apartments

by Property Forum
Romanian Nordis Group has kicked off the development of a high-end residential complex located in northern Bucharest. 
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News - EBRD sells its stake in Globalworth
27
Jul
2021

EBRD sells its stake in Globalworth

by Property Forum
The European Bank for Reconstruction and Development (EBRD) has agreed to sell its entire stake in Globalworth Real Estate Investments Ltd to Zakiono Enterprises Limited, a company ultimately owned by CPI Property Group S.A. and Aroundtown SA. No value for the transaction has been released.
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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