ARTICLES LABELLED WITH TAG romania
22
Mar
2021
Mar
2021
Iulius builds new retail park near Iași
Iulius started the construction works for its first retail park near Iași. Another one is to kick-off soon, and the total investment in the first two projects is €16 million.
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22
Mar
2021
Mar
2021
Dagesh Group invests €6.5 million in Bucharest resi project
Dagesh Group, which owns the Platinum Center office building and developed other boutique residential projects, is investing €6.5 million in a new residential project in Bucharest.
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18
Mar
2021
Mar
2021
Oresa investment fund buys logistics park near Iași
The Oresa investment fund bought the Solo logistics and industrial park near Iași from businessman Bogdan Pițigoi. The acquisition marks the fund's entry into the real estate market. The value of the transaction was not made public.
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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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Latest news
- Echo's Kraków office project fully let and ready to occupy
- Harden Construction builds 46,000 sqm cold-chain hub in Poznań
- Ukraine's commercial property market sees growth in compact formats
- Budapest housing demand drops as market cools
- Diversification into healthcare remains a strategic priority for CPI Romania
- Warsaw building permits now take 18 months
- Matadorka Living secures project financing from Tatra banka
- Croatia's Tokić bets big on 40,000 sqm automated Zagreb hub
- InterCapital fund snaps up Zagreb's Avenue Mall for €100 million
- Tesco reportedly explores sale of Central European business
New leases
- 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.
- Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
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.
