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

  • Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.
  • Rohlig SUUS Logistics, the largest Polish logistics operator, has extended its lease, on a long term basis, at the Bolero Office Point 1 building in Warsaw. The company has been occupying the space since 2014.
  • In recent months, M1 Czeladź, managed by EPP, has signed lease agreements and extensions of cooperation covering a total area of over 6,200 sqm. For instance, New Yorker is preparing a larger showroom of over 1,500 sqm, while Ochnik is moving to a new space totaling 925 sqm. McDonald's and CCC have also strengthened their presence at M1 Czeladź by extending their lease agreements. CCC has also decided to renovate its premises. Pierre Cardin is also staying in the project longer

New appointments

  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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