ARTICLES LABELLED WITH TAG romania

News - Adventum in talks to buy Bucharest office building
22
Mar
2021

Adventum in talks to buy Bucharest office building

by Property Forum
Adventum is analyzing the acquisition of the Hermes Business Campus office project in Bucharest, owned by Atenor, in a transaction of over €150 million, according to Ziarul Financiar.
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News - Iulius builds new retail park near Iași
22
Mar
2021

Iulius builds new retail park near Iași

by Property Forum
Iulius started the construction works for its first retail park near Iași. Another one is to kick-off soon, and the total investment in the first two projects is €16 million.
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News - Dagesh Group invests €6.5 million in Bucharest resi project
22
Mar
2021

Dagesh Group invests €6.5 million in Bucharest resi project

by Property Forum
Dagesh Group, which owns the Platinum Center office building and developed other boutique residential projects, is investing  €6.5 million in a new residential project in Bucharest.
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News - Oresa investment fund buys logistics park near Iași
18
Mar
2021

Oresa investment fund buys logistics park near Iași

by Property Forum
The Oresa investment fund bought the Solo logistics and industrial park near Iași from businessman Bogdan Pițigoi. The acquisition marks the fund's entry into the real estate market. The value of the transaction was not made public.
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News - 80% of new retail space in Romania are retail parks
18
Mar
2021

80% of new retail space in Romania are retail parks

by Property Forum
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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News - Romania: 55% of employees work at least partially from the office
17
Mar
2021

Romania: 55% of employees work at least partially from the office

by Property Forum
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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News - Element Industrial appoints Andrei Jerca as MD
17
Mar
2021

Element Industrial appoints Andrei Jerca as MD

by Property Forum
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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News - Bucharest land market reached €194 million in 2020
16
Mar
2021

Bucharest land market reached €194 million in 2020

by Property Forum
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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News - Jumbo invests €35 million in its first warehouse in Romania
16
Mar
2021

Jumbo invests €35 million in its first warehouse in Romania

by Property Forum
The Jumbo toy retailer invests €35 million in its first warehouse in Romania, Profit.ro announced.
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News - OTP Bank finances Prima Shops Sibiu with €9 million
16
Mar
2021

OTP Bank finances Prima Shops Sibiu with €9 million

by Property Forum
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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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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