ARTICLES LABELLED WITH TAG Romania

News Globalworth sees 5.6% gain in net operating income in H1 2023
19
Sep
2023

Globalworth sees 5.6% gain in net operating income in H1 2023

by Property Forum
Globalworth has recorded a net operating income of €73.7 million in the first half of 2023, up by 5.6% compared to the same period of last year, while the development pipeline includes industrial projects in Romania and the refurbishment of mixed-use projects in Poland. 
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News Real estate investments in Romania reach €181 million in H1 2023
19
Sep
2023

Real estate investments in Romania reach €181 million in H1 2023

by Property Forum
The investment transaction market in Romania reached €181 million in H1 2023, down by 43% compared to the same period of last year over rising financing costs. At the same time, the average price per property decreased from €24 million to €11 million, according to Cushman & Wakefield Echinox. 
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News Amber Forest gets LEED Community Platinum Precertification
15
Sep
2023

Amber Forest gets LEED Community Platinum Precertification

by Property Forum
Alesonor has achieved the LEED Community Platinum Precertification for Amber Forest complete suburb, which is under development near Bucharest. This has become the fourth project in Europe obtaining the Platinum precertification from the U.S. Green Building Council (USGBC). 
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News CTPark Arad West reaches 40% lease rate
15
Sep
2023

CTPark Arad West reaches 40% lease rate

by Property Forum
Industrial developer CTP says its new CTPark Arad West project has already reached a 40% pre-lease, with delivery slated for Q1 2024. 
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News Iulius prepares €810 million investment in Constanța
14
Sep
2023

Iulius prepares €810 million investment in Constanța

by Property Forum
Romanian developer Iulius has signed a partnership with Oil Terminal, a public company owned by the state, for the urban regeneration of a 38-hectare land plot in Constanța. Iulius plans to invest more than €810 million in a large mixed-use scheme. 
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News Land in central Bucharest sells for €5 million
13
Sep
2023

Land in central Bucharest sells for €5 million

by Property Forum
Pharmaceutical company Biofarm has sold a plot of land close to Victoriei Square in Bucharest for around €5 million. The land spanning 2,176 sqm, which used to host an industrial facility, was taken over by Romanian company Iancu de Hunedoara Residence SRL. The deal was brokered by Crosspoint Real Estate. 
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News PPF Real Estate adds solar systems to Bucharest offices
13
Sep
2023

PPF Real Estate adds solar systems to Bucharest offices

by Property Forum
PPF Real Estate’s two office buildings in central Bucharest, Crystal Tower and Metropolis, are now running partially on solar power following the installation of photovoltaic panels on their rooftops. 
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News Oregon Park in Bucharest secures Well Health & Safety certification
12
Sep
2023

Oregon Park in Bucharest secures Well Health & Safety certification

by Property Forum
Bucharest-based office project Oregon Park, owned by Lion's Head investment fund, has achieved the Well Health & Safety certification, granted by The International WELL Building Institute (IWBI). 
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News Property investments in Romania total €168 million in H1 2023
12
Sep
2023

Property investments in Romania total €168 million in H1 2023

by Property Forum
Commercial property investment amounted to €168 million in H1 2023, roughly half compared to last year, with industrial and logistics accounting for the biggest share of the transaction volumes. 
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News UniCredit extends large lease in Bucharest office building
12
Sep
2023

UniCredit extends large lease in Bucharest office building

by Property Forum
UniCredit Romania has inked a deal with Globalworth for the extension of its lease agreement in the UniCredit HQ building by 2030. The bank has been occupying the building with a leasable area of 17,400 sqm since its opening in 2012. 
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Latest news


New leases

  • Empik has joined the tenants of Agora Bytom. The nearly 210 sqm space offers books, magazines, as well as accessories and toys for children. The contract has been signed for five years.
  • Galeria Jurajska in Częstochowa is strengthening its offer in the sports segment. Salewa, which operates in the mountaineering equipment market, has made its debut in the shopping centre. The brand has leased 146 sqm of the retail space.
  • A new iSpot Apple Premium Reseller store has opened in Galeria MM in Poznań. This is the fourth iSpot location in this cty. The sales floor of the newest store is approximately 100 sqm.

New appointments

  • In September, Michal Berski took up the position of head of the warehouse sector at CBRE Poland. He has been with the company for over 10 years. In his new role, he manages strategy and the development of all business lines within the warehouse and industrial sector.
  • Slawomir Czarnecki is the new president of Grupa Muszkieterów and ITM Poland. He has replaced David de Bosschère. The new CEO is the owner of the Bricomarché shop in Świecie and has many years of experience in trade, as well as in the Group's internal structures.
  • LCP Properties, a developer in the Polish retail park market, is continuing to strengthen its organisational structure. Andrzej Plit has been appointed as the new Finance Director. Meanwhile, for the LCP-owned EMKA shopping centre in Koszalin, Daria Kokowska became the new Shopping Center Director.

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