ARTICLES LABELLED WITH TAG romania

News - Atenor sells Bucharest office complex to Adventum
11
May
2021

Atenor sells Bucharest office complex to Adventum

by Property Forum
Belgian real estate developer Atenor says it struck a deal to sell its Bucharest-based office project Hermes Business Campus to Adventum International, a Malta-based boutique investment fund manager and its partners for an undisclosed sum.
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News - Speedwell inks furniture supply deal with Rovere Mobili
10
May
2021

Speedwell inks furniture supply deal with Rovere Mobili

by Property Forum
Real estate developer Speedwell has concluded a partnership with Rovere Mobili that covers the residential projects The Ivy and Record Park in Bucharest.  
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News - Prima Development Group invests €20 million in Bucharest
07
May
2021

Prima Development Group invests €20 million in Bucharest

by Property Forum
Real estate company Prima Development Group is investing €20 million in a residential project located in Timpuri Noi area, Bucharest’s emerging business hub. 
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News - C&W Echinox: Bucharest office space usage at 50%
06
May
2021

C&W Echinox: Bucharest office space usage at 50%

by Property Forum
New office projects with a combined surface of 220,000 sqm will be delivered in Bucharest this year, up compared with the stock of 155,000 sqm that was finished during 2020, according to Cushman & Wakefield Echinox.
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News - Poland and Czech Republic remain the most liquid markets in CEE
05
May
2021

Poland and Czech Republic remain the most liquid markets in CEE

by Property Forum
Cushman & Wakefield has summarised the first quarter of 2021 in the CEE commercial real estate market. Investment volume at the end of the first quarter stands at €2 billion, down by around 20% compared to the same period in 2020.
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News - Romanian industrial market to add 600,000 sqm this year
05
May
2021

Romanian industrial market to add 600,000 sqm this year

by Property Forum
The development of the industrial and logistics market remains strong in 2021 in terms of leasing transactions and deliveries of new projects. Demand for new spaces across Romania is driven by automotive and retail players. 
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News - EBRD invests €67 million in VGP’s green bonds
29
Apr
2021

EBRD invests €67 million in VGP’s green bonds

by Property Forum
The European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a €67 million ticket as part of an inaugural eight-year €600 million green bond issuance by VGP NV, a pan-European provider of logistics and semi-industrial real estate. EBRD’s investment will support the development of sustainable semi-industrial and logistics parks in Hungary, Latvia, Romania and the Slovak Republic.
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News - Industrial project deals in Romania double in Q1
29
Apr
2021

Industrial project deals in Romania double in Q1

by Property Forum
The industrial and logistics market in Romania recorded leasing deals for around 200,000 sqm in the first quarter of 2021, a volume that is double compared to the same period of 2020, according to a report by real estate consultancy firm Cushman & Wakefield Echinox. 
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News - Have we reached the bottom of the property cycle?
29
Apr
2021

Have we reached the bottom of the property cycle?

by Property Forum
The Q1 2021 results of the RICS Global Commercial Property Monitor indicate a slightly less negative market sentiment across Europe compared to the previous quarter. Rental growth expectations remain negative within the office and retail sectors across all European nations covered, while the outlook for industrial markets has never been more positive.
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News - Impact names Constantin Sebeșanu as new CEO
28
Apr
2021

Impact names Constantin Sebeșanu as new CEO

by Property Forum
Impact Developer & Contactor has named Constantin (Tinu) Sebeșanu as CEO of the company, with a 4-year mandate. He is replacing Sorin Apostol, who was appointed Executive Director and member of the Board of Directors at the General Shareholders Meeting.
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Latest news


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.

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