ARTICLES LABELLED WITH TAG romania

News - Element Industrial appoints Andrei Jerca as MD
17
Mar
2021

Element Industrial appoints Andrei Jerca as MD

by Property Forum
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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News - Bucharest land market reached €194 million in 2020
16
Mar
2021

Bucharest land market reached €194 million in 2020

by Property Forum
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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News - Jumbo invests €35 million in its first warehouse in Romania
16
Mar
2021

Jumbo invests €35 million in its first warehouse in Romania

by Property Forum
The Jumbo toy retailer invests €35 million in its first warehouse in Romania, Profit.ro announced.
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News - OTP Bank finances Prima Shops Sibiu with €9 million
16
Mar
2021

OTP Bank finances Prima Shops Sibiu with €9 million

by Property Forum
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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News - Over 24,000 resi units under construction in Bucharest
15
Mar
2021

Over 24,000 resi units under construction in Bucharest

by Property Forum
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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News - Wallberg finalises first apartment tower in Timişoara
15
Mar
2021

Wallberg finalises first apartment tower in Timişoara

by Property Forum
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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News - Mitiska secures €123 million refinancing for Romanian portofolio
15
Mar
2021

Mitiska secures €123 million refinancing for Romanian portofolio

by Property Forum
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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News - MVGM Group enters Romania's residential market
15
Mar
2021

MVGM Group enters Romania's residential market

by Property Forum
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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News - Fortress REIT buys first logistics asset in Romania
14
Mar
2021

Fortress REIT buys first logistics asset in Romania

by Property Forum
Fortress REIT, one of the largest developers in South Africa and the majority shareholder of NEPI Rockcastle, buys with €30 million the warehouses built by the owners Dedeman and Ionuț Dumitrescu in Chitila, according to Economica.net.
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News - Many office buildings in Romania to be postponed
12
Mar
2021

Many office buildings in Romania to be postponed

by Property Forum
Colliers consultants expect a lot of buildings due in 2022 or later to be postponed at least until the market balances itself out.
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Latest news


New leases

  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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