ARTICLES LABELLED WITH TAG romania

News - The world needs to be better prepared to deal with health challenges
17
Aug
2021

The world needs to be better prepared to deal with health challenges

by Ákos Budai
Gavin Bonner, Vice President at Genesis Property spoke to Property Forum about the IMMUNE ™ Building Standard, a global certification standard to certify the built environment’s level of immunity to withstand present and future health challenges.
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News - Industrial leasing in Romania up 21% in H1
17
Aug
2021

Industrial leasing in Romania up 21% in H1

by Property Forum
Leasing activity in the Romanian industrial and logistics market was up 21% to 360,000 sqm in the first half compared to the same period of last year, driven by relocations and the closing of new contracts, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News - Atenor sells Bucharest-based Dacia One to Pavăl Holding
17
Aug
2021

Atenor sells Bucharest-based Dacia One to Pavăl Holding

by Property Forum
Property developer Atenor says it sold its office project Dacia One in central Bucharest to Pavăl Holding, then owner of Romanian DIY retailer Dedeman. 
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News - Banks are more careful financing new projects
16
Aug
2021

Banks are more careful financing new projects

by Ákos Budai
During the pandemic, banks continued to finance ongoing commercial real estate projects but they are more careful with financing new ones, looking for higher corporate credentials and imposing more restrictive conditions to fulfil. Monia Dobrescu, Partner at Romanian law firm Mușat & Asociații talked to Property Forum about the pandemic’s effects on client relationships and provided market insight from the legal advisor’s perspective.
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News - Survey: Romanian employees look for healthy offices
12
Aug
2021

Survey: Romanian employees look for healthy offices

by Property Forum
Standards that certify a building's resilience to a pandemic are not only useful, but also necessary in the current context, according to 96% of employees surveyed by Romanian developer Genesis Property. 
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News - Speedwell delivers first building in Bucharest residential project
12
Aug
2021

Speedwell delivers first building in Bucharest residential project

by Property Forum
Real estate developer Speedwell has completed the first building of Triama Residence project in Bucharest, comprising 66 apartments that were fully sold before the delivery date.
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News - NEPI Rockcastle gets €120 million ESG loan
11
Aug
2021

NEPI Rockcastle gets €120 million ESG loan

by Property Forum
A banking consortium granted a €120 million sustainability-related loan to a company in the NEPI Rockcastle, NE Property BV Group. 
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News - Apex Alliance opens €42 million hotel in central Bucharest
11
Aug
2021

Apex Alliance opens €42 million hotel in central Bucharest

by Property Forum
Apex Alliance Hotel Management has opened The Marmorosch Bucharest, Autograph Collection in Bucharest Old Town, following an investment of €42 million.
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News - Bucharest office leasing at 70,000 sqm in Q2
11
Aug
2021

Bucharest office leasing at 70,000 sqm in Q2

by Property Forum
The office leasing market in Bucharest is gradually recovering and there were deals worth 70,000 sqm that were closed in the second quarter, according to an analysis by real estate consultancy Griffes. 
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News - One United Properties aims to boost share liquidity on BVB
11
Aug
2021

One United Properties aims to boost share liquidity on BVB

by Property Forum
Romanian developer One United Properties says it contracted market making services to boost the liquidity of its shares on the Bucharest Stock Exchange (BVB).
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Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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