ARTICLES LABELLED WITH TAG romania

News - More institutional investors expected to enter Romania
02
Nov
2021

More institutional investors expected to enter Romania

by Property Forum
The Romania property sector could use more institutional investors, suggested speakers during the international investors’ panel of SEE Property Forum 2021, Property Forum's annual event in Bucharest.
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News - Novum Business Invest purchases land in Bucharest for apartments
01
Nov
2021

Novum Business Invest purchases land in Bucharest for apartments

by Property Forum
Property developer Novum Business Invest has purchased a new land plot of 15,100 near Carol Park in Bucharest for a new residential project with over 500 units. 
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News - Zacaria starts a new residential development in Sibiu
29
Oct
2021

Zacaria starts a new residential development in Sibiu

by Property Forum
Property company Zacaria has kicked off the development of Valletta Park, a new residential project with 121 apartments in Sibiu. 
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News - Romanian employees say return to office helps economic recovery
29
Oct
2021

Romanian employees say return to office helps economic recovery

by Property Forum
Nearly three out of four employees in Romania now work from their office at least 3 days a week and most of them believe that the return to the office buildings can support the economic recovery, according to a survey by Genesis Property. 
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News - Square 7 Properties and Mitiska REIM open Baia Mare Shopping Park
29
Oct
2021

Square 7 Properties and Mitiska REIM open Baia Mare Shopping Park

by Property Forum
Developers Square 7 Properties and Mitiska REIM have jointly opened Baia Mare Shopping Park with a commercial space of 17,500 sqm. 
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News - Speedwell launches first industrial project in Bucharest
28
Oct
2021

Speedwell launches first industrial project in Bucharest

by Property Forum
Property developer Speedwell says it secured the building permit for its first industrial project located in north-western Bucharest. The development of the first warehouse under the Spaceplus brand will start in the next period and should be completed by the second quarter of 2022. It will have a total leasable area of 10,000 sqm. Leasable storage space ranges from 400 to 600 sqm. 
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News - Residential prices to remain in growth mode going into 2022
28
Oct
2021

Residential prices to remain in growth mode going into 2022

by Property Forum
Prices for new homes will grow as developers are facing higher construction costs and deal with surging inflation, mentioned speakers during the residential market panel of SEE Property Forum 2021, Property Forum's annual event in Bucharest.
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News - Survey: 54% of Romanian employees prefer flexible work arrangements
27
Oct
2021

Survey: 54% of Romanian employees prefer flexible work arrangements

by Property Forum
Some 54% of employees in Romania prefer a flexible mix that does not overpass 75% of their work time in remote conditions, according to a regional survey commissioned by real estate consultancy CBRE. 
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News - Indotek Group to buy office building in Bucharest
27
Oct
2021

Indotek Group to buy office building in Bucharest

by Property Forum
Hungarian Indotek Group is in advanced negotiations to purchase the office building One Victoriei Center in Bucharest. 
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News - Bucharest-based Vulcan Residence to be sold out by H2 2023
27
Oct
2021

Bucharest-based Vulcan Residence to be sold out by H2 2023

by Property Forum
Real estate consultancy Crosspoint Real Estate estimates that all 256 apartments in Vulcan Residence based in Bucharest will be sold by the second half of 2023. The agency is the exclusive seller of the project, which is NEPI Rockcastle’s first residential investment in Romania. 
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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