ARTICLES LABELLED WITH TAG Romania

News Element Industrial launches proximity storage business line
19
May
2020

Element Industrial launches proximity storage business line

by Property Forum
Element Industrial announced the launch of Eli Xpress, a new line of business based on the concept of proximity storage. Eli Xpress warehouses will offer areas between 6,000 and 12,000 square meters and will be located close to large cities, or even inside cities.
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News Global Vision starts new development near Bucharest Airport
19
May
2020

Global Vision starts new development near Bucharest Airport

by Property Forum
Romanian developer Global Vision has launched the developments of a new logistics park near Henri Coanda International Airport in Bucharest. Bucharest Airport Park will offer 13,520 sqm of space in two warehouses. The complex is being built on a 35,000 sqm land parcel, which the developer purchased last year for more than €5 million.
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News How are workplaces reopening in Romania?
14
May
2020

How are workplaces reopening in Romania?

by Property Forum
Reopening the office requires rethinking the daily experience and setting clear protocols for how everything in the office operates while managing the health and safety risks of our employees. How the returning to work is managed will be critical for employee health and well-being but also for the confidence in their employer and landlord, according to the latest data from CBRE.
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News Profi leases two warehouses from WDP in Romania
11
May
2020

Profi leases two warehouses from WDP in Romania

by Property Forum
Profi, one of the largest retail chains in Romania, expands its logistic activities by contracting two new projects in Timisoara (58,000 sqm) and Craiova (57,000 sqm), which will be developed and rented out by Belgian logistics developer WDP. JLL has advised Profi in both transactions, thus continuing the partnership started few years ago, which resulted in 250,000 sqm of logistics space contracted in Bucharest, Roman, Cluj, Craiova and Timisoara.
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News E-commerce grows rapidly in Romania
11
May
2020

E-commerce grows rapidly in Romania

by Property Forum
Electro-IT and home & deco online retailers take up approximately 370,000 sqm of storage space and this volume could increase by at least 50% in the next two years, due to the development of online commerce, reveals the Romania e-commerce research report launched by CBRE.
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News COVID-19 could halt the rise of domestic investors in Romania
11
May
2020

COVID-19 could halt the rise of domestic investors in Romania

by Ákos Budai
The COVID-19 pandemic has to put a halt to years of uninterrupted growth on the Romanian property investment market. Andrei Vacaru, Head of Capital Markets at JLL Romania shared his market outlook with Property Forum.
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News One United sells 30% of Bucharest office building for €20 million
08
May
2020

One United sells 30% of Bucharest office building for €20 million

by Property Forum
Romanian real estate developer One United Properties has sold 30% of its One Floreasca Tower office building, currently under construction in Bucharest, with the aim of raising the capital necessary to complete the works, zf.ro reports.
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News How has COVID-19 affected construction sites in Romania?
07
May
2020

How has COVID-19 affected construction sites in Romania?

by Property Forum
COVID-19’s direct impact on ongoing construction activity in Romania has been minimal since no restrictions were in place specifically targeting construction works. Several indirect factors, however, are expected to limit the amount of construction activity. The Eastern European Construction Forecasting Association has published a COVID-19 update on the construction sector of Romania.
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News BCR moves HQ to Vastint’s Bucharest building
07
May
2020

BCR moves HQ to Vastint’s Bucharest building

by Property Forum
Starting this month, Banca Comercială Română (BCR) has relocated its headquarters to the Business Garden Bucharest office building, developed by Vastint, the real estate division of Ikea.
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News BCR, Fab Lab and Modex invest in Iași co-working hub
07
May
2020

BCR, Fab Lab and Modex invest in Iași co-working hub

by Property Forum
Fab Lab Iași has started setting-up its second co-working location in Iași, in partnership with BCR and Modex. Located on the 7th floor of the Romanian Commercial Bank (BCR) building, in the Podu Roș area, this new space covers 250 square meters.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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