ARTICLES LABELLED WITH TAG romania
27
May
2021
May
2021
Akcent Development records €48 million turnover in 2020
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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27
May
2021
May
2021
Office rents in Bucharest down 12-17% compared to 2019
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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27
May
2021
May
2021
VisionApartments buys land for new project in Bucharest
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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27
May
2021
May
2021
Metro Cash&Carry expands warehouse near Bucharest
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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27
May
2021
May
2021
Marmorosch Bucharest Hotel to open this summer
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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25
May
2021
May
2021
BSTDB grants €10 million for energy efficiency in Romania
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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24
May
2021
May
2021
City Garden to deliver €16 million Bucharest project in 2022
Romania’s City Garden says it will deliver the first phase of its luxury villas complex this year and will complete the whole project in 2022. The company is investing around €16 million in 66 villas located in northern Bucharest.
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21
May
2021
May
2021
Casta concludes deal for Romanian expansion
Digital property platform Casta, part of Neogen group, has taken over real estate classifieds' portal Magazinul de Case, in a bid to expand across Romania.
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21
May
2021
May
2021
Hagag concludes procedures for building restoration in Bucharest
Hagag Development Europe says it has submitted the complete documentation in order to obtain the building permit for the consolidation and restoration works on Știrbei Palace, a historical building located in central Bucharest.
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21
May
2021
May
2021
One United Properties appoints Board Chairman
Romanian real estate developer One United Properties has announced that Claudio Cisullo has been appointed Chairman of the Board of Directors starting May 20. He has recently become the third biggest shareholder of the developer and was Member of the Board of Directors of One United Properties since 2020.
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Latest news
- MLP Group raises €350 million in green bonds for expansion
- Panattoni secures €24 million for Białystok logistics park
- CPI Property Group moves ahead with first offices in Poland
- Finance takes the lead in Bucharest office demand
- SEE turns investor curiosity into conviction
- Alpha Slovakia expands industrial footprint in Bánovce nad Bebravou
- Prague student housing demand far exceeds supply, says study
- Romanian investors expect rent rises and demand stability
- Martley Capital sells Hungarian office building in Budaörs
- Cluj-Napoca leads Romania's regional office leasing in 2025
New leases
- Bolton Romania has leased 306 sqm of office space in the Bucharest-based River Plaza. The deal was brokered by Fortim Trusted Advisors.
- IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.
- DHL Supply Chain has leased 3,000 sqm for its new European HQ in Budapest-based Liberty Offices, in a deal brokered by iO Partners. DLA Piper Hungary acted as DHL’s legal advisor.
New appointments
- Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
