ARTICLES LABELLED WITH TAG romania
18
Mar
2021
Mar
2021
80% of new retail space in Romania are retail parks
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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17
Mar
2021
Mar
2021
Romania: 55% of employees work at least partially from the office
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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17
Mar
2021
Mar
2021
Element Industrial appoints Andrei Jerca as MD
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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16
Mar
2021
Mar
2021
Bucharest land market reached €194 million in 2020
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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16
Mar
2021
Mar
2021
Jumbo invests €35 million in its first warehouse in Romania
The Jumbo toy retailer invests €35 million in its first warehouse in Romania, Profit.ro announced.
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16
Mar
2021
Mar
2021
OTP Bank finances Prima Shops Sibiu with €9 million
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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15
Mar
2021
Mar
2021
Over 24,000 resi units under construction in Bucharest
Over 24,000 residential units are in construction in Bucharest and its surroundings, according to the market report ”Romania Residential Market Genome 2021” released by real estate consultant SVN Romania.
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15
Mar
2021
Mar
2021
Wallberg finalises first apartment tower in Timişoara
Wallberg completed the first tower of the XCity Towers project developed in the northern part of Timişoara and the apartments were sold in full, the company announced.
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15
Mar
2021
Mar
2021
Mitiska secures €123 million refinancing for Romanian portofolio
Mitiska REIM announced it has secured a €123 million senior debt facility for its entire retail park portfolio in Romania from Erste Group Bank AG.
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15
Mar
2021
Mar
2021
MVGM Group enters Romania's residential market
The international property management company, MVGM Group took under management the NorthLight Residence residential complex in Bucharest with a total of 110 apartments and developed by InteRo Property Development.
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Latest news
- PSN to reconvert Prague ex-telephone exchange into premium rental housing
- Polish investment market posts best Q1 in four years
- Reico buys office building in Bratislava from Immocap
- CTP secures over 12,000 sqm of new leases across Poland
- Romania secures victory in Casa Radio arbitration for mixed-use project
- Sustainability moves from ambition to action
- CPI Europe exits Italian retail market with two park sales
- Principal snaps 16,000 sqm industrial project in Kraków
- City Point Okęcie achieves Breeam Outstanding certification
- Polish developers face family succession challenges
New leases
- Golden Star Estate has secured lease agreements totalling around 2,400 sqm at Warsaw-based Oxygen Park. Puerta has joined as the operator of the SZAWA conference centre, occupying over 650 sqm of training and event space. Additionally, fish product manufacturer Vicziunai-Pol Spółka leased nearly 140 sqm. Existing tenants Parker Hannifin, Diasorin Poland, and Nieruchomości Plus all extended their stays, maintaining a combined footprint of over 1,550 sqm.
- BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
New appointments
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
- Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
