ARTICLES LABELLED WITH TAG romania
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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11
May
2021
May
2021
Cargus invests €500,000 in a new warehouse in Buzău
Delivery firm Cargus has opened a new warehouse in Buzău, following an investment of €500,000, which will support its growing business volumes.
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Latest news
- SCF enters Romania with €40 million retail park deal
- Strabag acquires Romanian railway firm Bawi Construction
- Logistics continues to lead the market
- CTP attracts first tenants in Plzeň redevelopment project
- Panattoni secures financing for Poznań logistics park
- Panattoni starts industrial project in Prague
- Europe looks more attractive to investors compared to US
- Arcona Capital and Reino Group launch pan-European investment platform
- Solida Capital enters Romanian resi market
- 7R signs first Czech lease with GXO for entire Lavičky park
New leases
- Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
- Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
- International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
