ARTICLES LABELLED WITH TAG romania

News - Hagag concludes procedures for building restoration in Bucharest
21
May
2021

Hagag concludes procedures for building restoration in Bucharest

by Property Forum
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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News - One United Properties appoints Board Chairman
21
May
2021

One United Properties appoints Board Chairman

by Property Forum
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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News - Immofinanz kicks off refurbishment of VIVO! Baia Mare
19
May
2021

Immofinanz kicks off refurbishment of VIVO! Baia Mare

by Property Forum
Austrian real estate group Immofinanz will start the refurbishment of shopping centre VIVO! Baia Mare on June 1. The works on the project located in northern Romania will cover more than 10,000 sqm, which is one third of the total surface of the centre. 
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News - Q1 2021 investment volume in Romania reaches €85 million
18
May
2021

Q1 2021 investment volume in Romania reaches €85 million

by Property Forum
Romania recorded new real estate investments worth €85 million in the first quarter of 2021, down 42% year-on-year, in line with the lower results of other markets in Central and Eastern Europe, according to a report by Colliers. 
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News - Vox Property Group gets €19.5 million for Romanian projects
18
May
2021

Vox Property Group gets €19.5 million for Romanian projects

by Property Forum
Romania’s Vox Property Group says it secured €19.5 million in funding from CEC Bank that will be used to refinance other loans and to support ongoing projects in the country. 
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News - Corteva pre-leases 23,000 sqm in Bucharest warehouse
17
May
2021

Corteva pre-leases 23,000 sqm in Bucharest warehouse

by Property Forum
Agricultural products maker Corteva has pre-leased around 23,000 sqm of industrial space in a built-to-suit warehouse located in northeastern Bucharest. 
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News - Impact Contractor & Developer Q1 2021 sales up 71%
17
May
2021

Impact Contractor & Developer Q1 2021 sales up 71%

by Property Forum
Romania's Impact Contractor & Developer says it recorded sales of RON 39.3 million (€7.9 million) in the first quarter of 2021, up 71% year-on-year, due to higher demand in the residential market. 
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News - Colliers Romania tests real estate software robot
14
May
2021

Colliers Romania tests real estate software robot

by Property Forum
Real estate consultancy Colliers is testing the first intelligent software robot dedicated to the real estate industry in Romania. The company is using the Robotic Process Automation (RPA) technology developed by UiPath.
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News - EBRD invests €24.7 million in MAS’s real estate green bond
13
May
2021

EBRD invests €24.7 million in MAS’s real estate green bond

by Property Forum
The European Bank for Reconstruction and Development has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real estate assets that focuses on CEE.
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News - Impact to start construction of Iași residential project
13
May
2021

Impact to start construction of Iași residential project

by Property Forum
Impact Developer & Contractor will start the development of its first residential projects in Iași, eastern Romania, in the second half of this year. 
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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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