ARTICLES LABELLED WITH TAG Romania

News Fashion House Pallady in Bucharest is 70% let and close to open
29
Jan
2021

Fashion House Pallady in Bucharest is 70% let and close to open

by Property Forum
Fashion House, part of  Liebrecht & wooD Group, announced that the new outlet from Bucharest is 70% leased and will open on March 25thh.
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News One United's Bucharest office project now 72% leased
27
Jan
2021

One United's Bucharest office project now 72% leased

by Property Forum
One United Properties announces the lease agreement with Superbet for an 8,206 sqm office space in One Cotroceni Park in Bucharest. 
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News Element Industrial invests  €37 million in logistics near Bucharest
27
Jan
2021

Element Industrial invests €37 million in logistics near Bucharest

by Property Forum
Element Industrial, owned by businessman Ionuţ Dumitrescu, announces the start of a new project in Buftea Chitila area, near Bucharest. .
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News Gran Via Romania sold €44 million worth apartments in 2020
26
Jan
2021

Gran Via Romania sold €44 million worth apartments in 2020

by Property Forum
Spanish developer Gran Via Real Estate announces results beyond expectations for 2020 on the Romanian market. Despite two months of lockdown measures due to the pandemic, the company traded 478 residential units, with a total value of €44.2 million. 
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News Vastint to buy new land in Bucharest
26
Jan
2021

Vastint to buy new land in Bucharest

by Property Forum
Greek developer Reds has authorized its board of directors to take all necessary measures to complete the sale of the 8,000 sqm land to Vastint, at a price of €11,4 million. The land is located on Splaiul Unirii Boulevard, near the Timpuri Noi Square project, developed by Vastint.
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News Romanian entrepreneur invests  €10 million in villas in Bucharest
25
Jan
2021

Romanian entrepreneur invests €10 million in villas in Bucharest

by Property Forum
Alina Marulis, an entrepreneur from Bucharest, is investing  €10 million euros in a boutique project of 12 villas near Băneasa forest, close to American school.
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News NEPI Rockcastle expands Promenada mall in Bucharest
25
Jan
2021

NEPI Rockcastle expands Promenada mall in Bucharest

by Property Forum
NEPI Rockcastle is starting the works for the extension of Promenada shopping centre in Bucharest, Ziarul Financiar informs, publishing a photo showing that the land is being prepared for construction.
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News 36% of Romanian employees plan to return to the office in 2021
21
Jan
2021

36% of Romanian employees plan to return to the office in 2021

by Property Forum
More than a third (36.5%) of Romanian employees believe that the entire team within the company they are working for will return to the office this year, a recent survey initiated by Genesis Property shows. 
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News Fortress REIT to enter Romania's logistics market
21
Jan
2021

Fortress REIT to enter Romania's logistics market

by Property Forum
South African developer Fortress REIT is close to entering the Romanian logistics market by acquiring the logistic park in Chitila, owned by Element Industrial and Dedeman, according to Ziarul Financiar, which cites market sources.
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News Investment volume in Romania up to €914 million in 2020
20
Jan
2021

Investment volume in Romania up to €914 million in 2020

by Property Forum
The total volume invested in real estate assets in Romania reached €914 million in 2020, a 28% increase compared 2019, according to the Romania Investment Marketbeat launched by Cushman & Wakefield Echinox.
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Latest news


New leases

  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
  • DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.
  • Industrial developer CTP announced that Moemax, part of the XXXLutz Group, has signed a lease for a 5,300 sqm logistics unit at CTPark Bucharest South.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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