ARTICLES LABELLED WITH TAG romania
18
Mar
2021
Mar
2021
80% of new retail space in Romania are retail parks
Over 80% of the new retail space expected to be completed in 2021 will be in the form of retail parks, including smaller strip malls, highlighting a market shift towards proximity-based schemes or those with a smaller financial footprint for the developer, according to Colliers International Romania.
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17
Mar
2021
Mar
2021
Romania: 55% of employees work at least partially from the office
A year into the pandemic, almost 55% of employees are working partially or exclusively from the office. 4 in 10 say they are satisfied with their current way of working, a study from Romanian Genesis Property shows.
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17
Mar
2021
Mar
2021
Element Industrial appoints Andrei Jerca as MD
Element Industrial announces the appointment of Andrei Jerca as Managing Director of the company. Prior to this position, Jerca was Head of Industrial Services within CBRE Romania.
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16
Mar
2021
Mar
2021
Bucharest land market reached €194 million in 2020
In 2020, the total volume invested in land acquisitions in the Bucharest – Ilfov region reached €194 million, reflecting a 6.5% decrease compared to 2019, according to Cushman & Wakefield Echinox.
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16
Mar
2021
Mar
2021
Jumbo invests €35 million in its first warehouse in Romania
The Jumbo toy retailer invests €35 million in its first warehouse in Romania, Profit.ro announced.
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16
Mar
2021
Mar
2021
OTP Bank finances Prima Shops Sibiu with €9 million
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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15
Mar
2021
Mar
2021
Over 24,000 resi units under construction in Bucharest
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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15
Mar
2021
Mar
2021
Wallberg finalises first apartment tower in Timişoara
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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15
Mar
2021
Mar
2021
Mitiska secures €123 million refinancing for Romanian portofolio
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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15
Mar
2021
Mar
2021
MVGM Group enters Romania's residential market
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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Latest news
- Alpha Slovakia expands industrial footprint in Bánovce nad Bebravou
- Prague student housing demand far exceeds supply, says study
- Romanian investors expect rent rises and demand stability
- Martley Capital sells Hungarian office building in Budaörs
- Cluj-Napoca leads Romania's regional office leasing in 2025
- CA Immo secures 28,000 sqm lease extensions in Warsaw
- VGP raises €600 million in oversubscribed green bond issue
- Office rents will continue to grow: Adrian Karczewicz on demand drivers
- Develia sells over 3,300 residential units in 2025
- Focus Estate Fund signs 11,400 sqm in new leasing deals for Turawa Park
New leases
- IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.
- DHL Supply Chain has leased 3,000 sqm for its new European HQ in Budapest-based Liberty Offices, in a deal brokered by iO Partners. DLA Piper Hungary acted as DHL’s legal advisor.
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
New appointments
- Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
