ARTICLES LABELLED WITH TAG romania
18
May
2021
May
2021
Vox Property Group gets €19.5 million for Romanian projects
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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17
May
2021
May
2021
Corteva pre-leases 23,000 sqm in Bucharest warehouse
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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17
May
2021
May
2021
Impact Contractor & Developer Q1 2021 sales up 71%
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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14
May
2021
May
2021
Colliers Romania tests real estate software robot
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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13
May
2021
May
2021
EBRD invests €24.7 million in MAS’s real estate green bond
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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13
May
2021
May
2021
Impact to start construction of Iași residential project
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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13
May
2021
May
2021
Radisson Blu Bucharest to get €24 million upgrade
Radisson Hotel Group has announced a €24 million investment program in Radisson Blu Bucharest Hotel, owned by Revetas Capital and Cerberus Capital Management, that will include the redesign of common spaces and the increase of the room count.
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13
May
2021
May
2021
Penny to invest €1 billion in Romania by 2029
Retailer Penny, part of Rewe Group, has announced a long-term investment program in Romania that includes the expansion of the store network and the development of logistics operations.
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13
May
2021
May
2021
Impact Developer & Contractor gets €13.3 million loan
Romanian Impact Developer & Contractor said it has secured two bank loans worth more than €13 million from Libra Bank to start new investments in the Greenfield residential project, located in northern Bucharest.
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12
May
2021
May
2021
UiPath founder seeks to buy stake in One United Properties
Romanian billionaire Daniel Dines, the founder of NYSE-listed automation software manufacturer UiPath, is reportedly looking to buy a minority stake in local real estate developer One United Properties before the company's planned IPO on the Bucharest Stock Exchange next month.
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Latest news
- PSN to reconvert Prague ex-telephone exchange into premium rental housing
- Polish investment market posts best Q1 in four years
- Reico buys office building in Bratislava from Immocap
- CTP secures over 12,000 sqm of new leases across Poland
- Romania secures victory in Casa Radio arbitration for mixed-use project
- Sustainability moves from ambition to action
- CPI Europe exits Italian retail market with two park sales
- Principal snaps 16,000 sqm industrial project in Kraków
- City Point Okęcie achieves Breeam Outstanding certification
- Polish developers face family succession challenges
New leases
- Golden Star Estate has secured lease agreements totalling around 2,400 sqm at Warsaw-based Oxygen Park. Puerta has joined as the operator of the SZAWA conference centre, occupying over 650 sqm of training and event space. Additionally, fish product manufacturer Vicziunai-Pol Spółka leased nearly 140 sqm. Existing tenants Parker Hannifin, Diasorin Poland, and Nieruchomości Plus all extended their stays, maintaining a combined footprint of over 1,550 sqm.
- BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
New appointments
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
- Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
