ARTICLES LABELLED WITH TAG Romania

News - Jumbo invests €35 million in its first warehouse in Romania
16
Mar
2021

Jumbo invests €35 million in its first warehouse in Romania

by Property Forum
The Jumbo toy retailer invests €35 million in its first warehouse in Romania, Profit.ro announced.
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News - OTP Bank finances Prima Shops Sibiu with €9 million
16
Mar
2021

OTP Bank finances Prima Shops Sibiu with €9 million

by Property Forum
OTP Bank announced that it is granting a loan of approximately €9 million to Oasis Retail Development & Consulting, for the construction of the Prima Shops Sibiu retail park.
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News - Over 24,000 resi units under construction in Bucharest
15
Mar
2021

Over 24,000 resi units under construction in Bucharest

by Property Forum
Over 24,000 residential units are in construction in Bucharest and its surroundings, according to the market report ”Romania Residential Market Genome 2021” released by real estate consultant SVN Romania. 
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News - Wallberg finalises first apartment tower in Timişoara
15
Mar
2021

Wallberg finalises first apartment tower in Timişoara

by Property Forum
Wallberg completed the first tower of the XCity Towers project developed in the northern part of Timişoara and the apartments were sold in full, the company announced. 
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News - Mitiska secures €123 million refinancing for Romanian portofolio
15
Mar
2021

Mitiska secures €123 million refinancing for Romanian portofolio

by Property Forum
Mitiska REIM announced it has secured a €123 million senior debt facility for its entire retail park portfolio in Romania from Erste Group Bank AG.
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News - MVGM Group enters Romania's residential market
15
Mar
2021

MVGM Group enters Romania's residential market

by Property Forum
The international property management company, MVGM Group took under management the NorthLight Residence residential complex in Bucharest with a total of 110 apartments and developed by InteRo Property Development.
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News - Fortress REIT buys first logistics asset in Romania
14
Mar
2021

Fortress REIT buys first logistics asset in Romania

by Property Forum
Fortress REIT, one of the largest developers in South Africa and the majority shareholder of NEPI Rockcastle, buys with €30 million the warehouses built by the owners Dedeman and Ionuț Dumitrescu in Chitila, according to Economica.net.
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News - Many office buildings in Romania to be postponed
12
Mar
2021

Many office buildings in Romania to be postponed

by Property Forum
Colliers consultants expect a lot of buildings due in 2022 or later to be postponed at least until the market balances itself out.
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News - Sepsi Value Centre in Romania opens on 18th March
11
Mar
2021

Sepsi Value Centre in Romania opens on 18th March

by Property Forum
Prime Kapital will inaugurate in Sfântu Gheorghe the first shopping center in the county on 18th March. The investment budget was over €22 million. 
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News - Hotel transaction volume down 87% in Romania
11
Mar
2021

Hotel transaction volume down 87% in Romania

by Property Forum
In Romania, the hotel transaction volume reached about €9.5 million in 2020, down 87% from approximately €75 million in 2019, Cushman & Wakefield Echinox data shows.
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Latest news


New leases

  • The owners of the luxury patisserie chain DESEO Patisserie & Chocolaterie have extended their long-term lease at the Vis à Vis Wilanów retail park. The company occupies 93 sqm of stylishly arranged space within the building.
  • Funky Buddha, an international fashion brand part of the ALTEX S.A. group, is continuing its expansion into the Romanian market with the inauguration of its first store outside Bucharest, located in Iulius Town Timișoara. The new location, situated on the ground floor of the complex, marks the brand's second physical presence in the country.
  • HalfPrice has leased close to 1,600 sqm for a new store at M1 Radom centre, managed by EPP. CCC will also spend further years with M1, having renewed its lease agreement. The total area covered by the new and extended contracts exceeds 2,100 sqm.

New appointments

  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.
  • Peakside Capital Advisors is strengthening its Polish structure, expanding its expertise in investment management and development project execution. Łukasz Meisner has joined the team as Head of Project Management. He will be responsible for the comprehensive management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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