ARTICLES LABELLED WITH TAG romania
05
Mar
2021
Mar
2021
AFI Europe builds new shopping centre in Bucharest
AFI Europe Romania is building a small shopping centre in Bucharest, on the land where the company completed the first phase of the AFI City housing project.
Read more >
05
Mar
2021
Mar
2021
Globalworth records 6.5% increase in NOI for 2020
In 2020, Globalworth’s Net Operating Income increased by 6.5% to €157.3 million, despite the negative effect (-2.3%) of the COVID-19 pandemic. The company announced its unaudited financial results for 2020.
Read more >
04
Mar
2021
Mar
2021
Nordis launches new mixed-project in Brașov
Nordis Group, a real estate developer specialized in the construction of luxury real estate, announces the launch of a new exclusive complex, consisting of a hotel and residential apartments, located in Brașov.
Read more >
04
Mar
2021
Mar
2021
VGP starts new logistics project near Bucharest
VGP announces the acquisition of a new land plot in a prime location near Bucharest and the start of the development of its new multi-tenant business park VGP Park Bucharest. Law firm Kinstellar advised VGP Parks on the acquisition.
Read more >
04
Mar
2021
Mar
2021
Prima Development finalises residential project in Bucharest
Prima Development Group announces the completion of the Boemia Apartments project, whose construction started in 2019 in Bucharest.
Read more >
03
Mar
2021
Mar
2021
Romania’s retail market sees shift to retail parks
The first year of the pandemic brought many lessons for all entrepreneurs and business executives. With plans and expectations upside down, many companies have had to adapt to new realities, regardless of the field. One of the big winners of the crisis was retail park operators that now plan heavy expansion in the coming years. Property Forum takes a look at Romania’s retail park pipeline.
Read more >
03
Mar
2021
Mar
2021
New Ibis hotel opens in Timișoara after €10 million investment
Optim Project Management has completed its work on the new 6,715 sqm ibis Timișoara City Center for Hotel Development SA, a company owned by brothers Emil and Marius Cristescu.
Read more >
03
Mar
2021
Mar
2021
Scallier announces 70% lease for first retail park in Romania
Polish company Scallier has announced that 70% of available space has been leased in its first retail park under the Funshop Park brand in Romania.
Read more >
02
Mar
2021
Mar
2021
Romania Sotheby’s income up by 127% in 2020
Romania Sotheby’s International Realty announced revenue growth of 127% in 2020. Sotheby’s International Realty entered the Romanian market in July 2020 through the association with Artmark Historical Estate, a company founded in 2014 and which belonged to the Artmark group.
Read more >
02
Mar
2021
Mar
2021
Cordia sells 20% of apartments in Bucharest project
Cordia Romania, part of Futureal Group, announced the sale of 20% of the apartments in the second phase of the Parcului20 project in Bucharest.
Read more >
Latest news
- Luxury brands hit €150 million sales record in Bucharest
- CEE investment volumes surge 34% to €11.8 billion in 2025
- GTC leases over 150,000 sqm of commercial space across CEE in 2025
- Passerinvest raises €100 million in bond issue
- PRS investments in Poland continue to climb in 2025
- 7R places bond issue over €12 million at lower margin
- CTP secures key Asian loan for development pipeline
- Capital is back, but deployment remains difficult
- Wood & Company buys Warsaw-based Royal Wilanów for €100 million
- Shopping parks to dominate new retail supply in Poland
New leases
- Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.
- iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.
- The Chief Inspectorate for Environmental Protection has leased 4,600 sqm of office space in the refurbished HOP building, part of the Syrena Real Estate portfolio, in Warsaw. The company has been operating from its new address since January 2026.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
