ARTICLES LABELLED WITH TAG Romania

News Mulberry Development to build hotel in Timișoara
09
Dec
2019

Mulberry Development to build hotel in Timișoara

by Property Forum
Real estate developer Mulberry Development, controlled by businessman Ovidiu Șandor, has obtained the building permit for the Radisson Blu hotel in Timișoara. The 160-room hotel will be completed in 2021. The hotel will be operated by the Radisson Hotel Group.
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News Flex space providers expand in Bucharest
06
Dec
2019

Flex space providers expand in Bucharest

by Property Forum
CBRE advised flexible space provider Regus in the opening of its 12th centre at Sun Business Center project, located within Sun Plaza shopping centre. The decision of Regus responds to the demand for flexible spaces from companies in the northern half of the city, in order to provide an alternative for the employees living in the southern area, their share being estimated at 50% of the total staff.
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News Romanian bank lends €24 million for Bucharest hotel development
05
Dec
2019

Romanian bank lends €24 million for Bucharest hotel development

by Property Forum
Libra Internet Bank and developer Niro Group have signed a financing agreement worth €24 million for the development of a Swissôtel hotel on Expozitiei Boulevard in northern Bucharest.
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News Skanska invests in land in Bucharest for €24 million
05
Dec
2019

Skanska invests in land in Bucharest for €24 million

by Property Forum
Skanska has acquired about 26,200 square meters of land in Bucharest, Romania, from Intero Property Development Estates SRL. The total investment amounts to €24 million.
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News Hagag buys office building in Bucharest
04
Dec
2019

Hagag buys office building in Bucharest

by Property Forum
Real estate developer Hagag Development Europe continues its investments in Bucharest by adding a new office property to its local portfolio: Tudor Arghezi 21. The transaction value exceeds €9 million. 
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News Declining interest for retail assets across CEE and Austria – Specialized investors take the lead
29
Nov
2019

Declining interest for retail assets across CEE and Austria – Specialized investors take the lead

by Ákos Budai
According to the latest RICS Commercial Property Monitor, occupier and investment sentiment remains positive across main CEE markets, even though the Czech Republic has posted its most subdued set of readings in four years. In many countries, demand for retail assets fell on both the occupier and investment sides of the market. Based on rental and capital value projections, secondary retail is visibly suffering in Austria, Bulgaria, Poland and Romania.
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News CBRE becomes PM of two Bucharest projects
29
Nov
2019

CBRE becomes PM of two Bucharest projects

by Property Forum
CBRE was assigned to provide property management services for the projects developed by the company One United Properties in the north of Bucharest, namely the office building One Tower and the residential complex One Mircea Eliade, which comprise a total area of 24,000 square meters offices and 247 high-end apartments. The portfolio managed by CBRE now exceeds 800,000 square meters.
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News Globalworth presents high-tech lobby in Bucharest building
28
Nov
2019

Globalworth presents high-tech lobby in Bucharest building

by Property Forum
Globalworth has inaugurated the most advanced lobby in the region, with a number of innovations and technological premieres that include the world's largest kinetic floor in an office building, the longest screen wall in CEE, the largest natural green wall in an office building SEE, a space to relax with heated marble steps, Schindler projectors and Pepper, Globalworth's first robot employee. According to the developer, the Globalworth Tower building, which welcomes some 30,000 visitors daily, has become a benchmark for office space innovation and sustainability.
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News MLP Group secures new leases in Bucharest
27
Nov
2019

MLP Group secures new leases in Bucharest

by Property Forum
Dunwell Industrial Brokerage has assisted MLP Group in opening a new, 2,500 sqm location in Bucharest for one of the largest banana importers and distributors in Europe, Citronex.
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News Colliers performs valuation for BCR’s historical building in Bucharest
25
Nov
2019

Colliers performs valuation for BCR’s historical building in Bucharest

by Property Forum
In the past five years, Colliers International has performed valuation for a total of over 500,000 commercial and residential properties worth €40 billion in Romania. The most complex and comprehensive appraising process in Colliers International’s portfolio was for BCR Palace on University Square in Bucharest.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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