ARTICLES LABELLED WITH TAG Romania

News Total demand for Bucharest offices could reach record-high in 2019
24
Oct
2019

Total demand for Bucharest offices could reach record-high in 2019

by Property Forum
In Q3 2019, 66,000 sqm of new modern office buildings were handed over in Bucharest and there are big chances to break the 300,000 sqm threshold by the end of the year, according to Colliers International. The higher vacancy and infrastructure discrepancies will likely support a more thorough segmentation of the market, with the gap between well-located buildings and those at the opposite spectrum likely to increase over the medium term.
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News Cluj-Napoca continues to attract office tenants
21
Oct
2019

Cluj-Napoca continues to attract office tenants

by Property Forum
CBRE studied the status of the city lying on the shore of Someș from the Romanian office market point of view, concluding in reconfirming the leader position of Cluj-Napoca among the regional cities.
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News Forte Partners launches new office project in Bucharest
17
Oct
2019

Forte Partners launches new office project in Bucharest

by Property Forum
Work is well underway on site at Forte Partners’ U Centre, a new, eight-floor office development in the Bucharest. The investment is valued at €200 million.
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News Over €585 million invested in Romanian real estate so far this year
14
Oct
2019

Over €585 million invested in Romanian real estate so far this year

by Property Forum
The volume of real estate investments in Romania exceeded €585 million in the first nine months, shows the latest research report of CBRE. The office market attracted more than half of the investments, Bucharest and Cluj-Napoca being the most dynamic cities, with almost 90 percent of the investment volume.
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News LPP opens e-commerce warehouse in Romania
14
Oct
2019

LPP opens e-commerce warehouse in Romania

by Property Forum
The first boxes with orders from a Polish clothing manufacturer have already set off from the warehouse just outside Bucharest. Thanks to the launch of the fulfilment centre with an area of 22,000 sqm LPP is now able to do deliveries to customers from South-Eastern Europe even the next day after the transaction. The warehouse will handle online orders for all five brands of LPP: Reserved, Cropp, House, Mohito, and Sinsay.
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News C&W Echinox announces new Head of Project Management
10
Oct
2019

C&W Echinox announces new Head of Project Management

by Property Forum
Cushman & Wakefield Echinox consolidates the Project Management department by recruiting Andrei Ianculescu as Head of Project Management.
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News NEPI Rockcastle to open two shopping centres in Romania
10
Oct
2019

NEPI Rockcastle to open two shopping centres in Romania

by Property Forum
NEPI Rockcastle announced that it will inaugurate Promenada Sibiu on November 14 following an investment of €100 million. The developer will also open a shopping centre in Târgu Mureș in March following an investment of €70 million.
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News Raiffeisen Bank refinances VGP Park Timisoara
10
Oct
2019

Raiffeisen Bank refinances VGP Park Timisoara

by Property Forum
Dentons advised Raiffeisen Bank International AG and Raiffeisen Bank SA in connection with a €34 million facility agreement granted to VGP Park Timisoara SRL to refinance an industrial project, including four prime logistic buildings in Timis, Romania.
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News Expo Market Doraly to develop retail park near Bucharest
10
Oct
2019

Expo Market Doraly to develop retail park near Bucharest

by Property Forum
Expo Market Doraly, one of Romania’s largest shopping parks specialized in home items and food products, located in Afumati, near Bucharest, announced plans to develop a 10,000 sqm retail park following a €6 million investment.
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News NEPI Rockcastle to develop apartments in Romania
10
Oct
2019

NEPI Rockcastle to develop apartments in Romania

by Property Forum
NEPI Rockcastle plans to develop residential projects around the shopping centres it owns in Romania. The company will develop apartment buildings in five cities: Brașov, Bucharest (around Mega Mall and Vulcan), Râmnicu Vâlcea, Satu Mare, and Timișoara.
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Latest news


New leases

  • Designer Outlet Sosnowiec (southern Poland) invites customers to the newly opened Mountain Warehouse brand store. The shop has an area of approximately 400 sqm.
  • Motorola Solutions has renewed its lease at the Green Office complex in Kraków. The company, which has occupied the premises since 2011, will continue leasing 17,761 sqm of office space. The renewal will commence in August 2027 and will be valid for five years at market rent.
  • Prologis has extended its seven-year partnership with AMD Europe. The company will continue to lease more than 5,500 sqm of warehouse space at Prologis Park Poznań.

New appointments

  • 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.
  • Paulina Petynka has joined the team of Yareal Polska, taking on the position of Leasing Director. She has more than 20 years of professional experience.

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