ARTICLES LABELLED WITH TAG Romania

News Element Industrial secures new tenants in Bucharest
30
Jul
2020

Element Industrial secures new tenants in Bucharest

by Property Forum
Element Industrial announced four new tenants for the recently delivered second phase of Eli Park 1. Euro Games Technology Romania, a company active in the production and distribution of a wide range of products in the gaming industry, Mobilier 1, online home & deco retailer, Decor Floor, a leader in commercial and residential floors and Dentotal, the market leader in the distribution of dentistry products rented over 10,000 sqm in Eli Park 1, the logistics park developed by Element Industrial in the Buftea Chitila area.
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News Forte Partners to launch second resi project in Bucharest
30
Jul
2020

Forte Partners to launch second resi project in Bucharest

by Property Forum
Local real estate developer Forte Partners is planning to build 500 apartments on Calea Serban Voda in Bucharest. The residential building will be erected next to the developer’s U Center office project, which is currently underway. The company's second major residential project is valued at €200 million.
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News Globalworth to raise €1.5 billion in medium-term notes
30
Jul
2020

Globalworth to raise €1.5 billion in medium-term notes

by Property Forum
Globalworth intends to launch a €1.5 billion issue under its Euro Medium Term Note (EMTN) Program. The notes will be sold on the Dublin Stock Exchange.
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News CTP to complete first phase of Bucharest park this autumn
30
Jul
2020

CTP to complete first phase of Bucharest park this autumn

by Property Forum
CTP continues its expansion in Romania by developing a new logistics park in the Northern part of Bucharest – CTPark Bucharest North. The park, located in Ștefănești, Ilfov County, has a total area of 21 ha and has a large opening with access to the Bucharest Ring Road, close to the A3 highway. The total value of the investment in the new logistics park amounts to €65 million.
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News Developers to invest €300 million in projects on Calea Victoriei
30
Jul
2020

Developers to invest €300 million in projects on Calea Victoriei

by Property Forum
Calea Victoriei in Bucharest, the 2.8-kilometer-long artery between Piața Victoriei and Piața Națiunilor Unite, will continue to grow as an office and hotel hub in the upcoming years, with the developers' plans to build seven new office buildings and six hotels as a result of investments that could exceed the €300 million threshold, according to Cushman & Wakefield Echinox.
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News Hagag receives building permit for new Bucharest resi project
30
Jul
2020

Hagag receives building permit for new Bucharest resi project

by Property Forum
Real estate developer Hagag Development Europe received the building permit for H Eliade 9 Residence, its new residential project to be developed in Bucharest, Romania. Construction works are scheduled to start this August. €16 million will be invested in the new resi-scheme. Over 35% of the available units have already been contracted.
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News Romania’s retail stock to exceed 4 million sqm by year-end
30
Jul
2020

Romania’s retail stock to exceed 4 million sqm by year-end

by Property Forum
The modern retail stock in Romania, consisting of shopping centres, retail parks and commercial galleries with a leasable area of ​​at least 5,000 square meters, has reached 3.96 million square meters and will exceed the 4 million sqm threshold until the end of the year, according to Cushman & Wakefield Echinox.
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News AFI Europe completes first resi project in Bucharest
23
Jul
2020

AFI Europe completes first resi project in Bucharest

by Property Forum
AFI Europe Romania has finalized and completely sold phase I of AFI City, the first residential project developed by the company in Romania. The first phase consists of 190 apartments and 228 parking lots, and is located in northern Bucharest, in the Bucurestii Noi neighborhood.
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News Globalworth collects 93% of rents in H1 2020
20
Jul
2020

Globalworth collects 93% of rents in H1 2020

by Property Forum
Globalworth published a trading update summarising the key highlights of its operating performance during the first six months of the year, including some further updates as to the impact of the pandemic crisis on its operations.
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News Continental completes €27 million office expansion in Iași
20
Jul
2020

Continental completes €27 million office expansion in Iași

by Property Forum
The Romanian unit of German automotive parts supplier Continental has completed a €27 million investment in the expansion of its office building in Iași.
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Latest news


New leases

  • AutoWallis Group, the automotive retail and mobility service provider, has leased 5,600 sqm for its new HQ in the mixed-use Liberty complex, developed by Wing in Budapest.
  • Langowski Logistics, a TFL company, has extended its lease of warehouse space at the Central European Logistics Hub, where it occupies 8,000 sqm. Langowski Logistics was represented during the lease renegotiation by real estate advisory firm Newmark Polska.
  • Helly Hansen has leased 150 sqm for its first Romanian store in Promenada Mall, owned by NEPI Rockcastle.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.

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