ARTICLES LABELLED WITH TAG romania
25
May
2021
May
2021
BSTDB grants €10 million for energy efficiency in Romania
The Black Sea Trade and Development Bank (BSTDB) has provided a loan worth €10 million to Garanti BBVA Consumer Finance. The funding will support residential investments in energy improvements and resource efficiency.
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24
May
2021
May
2021
City Garden to deliver €16 million Bucharest project in 2022
Romania’s City Garden says it will deliver the first phase of its luxury villas complex this year and will complete the whole project in 2022. The company is investing around €16 million in 66 villas located in northern Bucharest.
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21
May
2021
May
2021
Casta concludes deal for Romanian expansion
Digital property platform Casta, part of Neogen group, has taken over real estate classifieds' portal Magazinul de Case, in a bid to expand across Romania.
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21
May
2021
May
2021
Hagag concludes procedures for building restoration in Bucharest
Hagag Development Europe says it has submitted the complete documentation in order to obtain the building permit for the consolidation and restoration works on Știrbei Palace, a historical building located in central Bucharest.
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21
May
2021
May
2021
One United Properties appoints Board Chairman
Romanian real estate developer One United Properties has announced that Claudio Cisullo has been appointed Chairman of the Board of Directors starting May 20. He has recently become the third biggest shareholder of the developer and was Member of the Board of Directors of One United Properties since 2020.
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19
May
2021
May
2021
Immofinanz kicks off refurbishment of VIVO! Baia Mare
Austrian real estate group Immofinanz will start the refurbishment of shopping centre VIVO! Baia Mare on June 1. The works on the project located in northern Romania will cover more than 10,000 sqm, which is one third of the total surface of the centre.
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18
May
2021
May
2021
Q1 2021 investment volume in Romania reaches €85 million
Romania recorded new real estate investments worth €85 million in the first quarter of 2021, down 42% year-on-year, in line with the lower results of other markets in Central and Eastern Europe, according to a report by Colliers.
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18
May
2021
May
2021
Vox Property Group gets €19.5 million for Romanian projects
Romania’s Vox Property Group says it secured €19.5 million in funding from CEC Bank that will be used to refinance other loans and to support ongoing projects in the country.
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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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- Czech investment market tops €1 billion in Q2 2026
- Consumer sentiment in Polish property market stands in positive territory
New leases
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
- Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- 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.
