ARTICLES LABELLED WITH TAG Romania

News AFI Europe to buy NEPI Rockcastle’s office portfolio in Romania
17
Jul
2019

AFI Europe to buy NEPI Rockcastle’s office portfolio in Romania

by Property Forum
AFI Europe signed a non-binding letter of intent for the acquisition of NEPI Rockcastle’s office portfolio in Romania, with a total built area of approx. 170,000 square meters. AFI Europe will have exclusivity to conduct a due diligence in respect of the Class A office buildings with a total value of approx. €310 million.  
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News Colliers becomes PM of Vastint’s Bucharest project
17
Jul
2019

Colliers becomes PM of Vastint’s Bucharest project

by Property Forum
Colliers International Romania has been assigned to provide property management services for Business Garden Bucharest, the newest office complex developed by Vastint Romania, in the Orhideea area in Bucharest. As a result, Colliers reaches a managed portfolio of over 400,000 sqm and strengthens its property management activity for offices in the Capital’s Center-West area.
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News MLP Group doubles its commercialisation level
17
Jul
2019

MLP Group doubles its commercialisation level

by Property Forum
In the first half of this year, MLP Group signed 22 lease contracts for a total of 217,000 sqm of warehouse space in Poland, Germany and Romania. This is more than double the previous year’s figure, of just over 100,000 sqm.
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News AFI Europe to sell majority stake in Bucharest project
17
Jul
2019

AFI Europe to sell majority stake in Bucharest project

by Property Forum
AFI Europe has signed a pre-sale agreement with Plaza Centers N.V. for the acquisition of 75% of the shares in the Casa Radio Project, for the price of €60 million.
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News Romanian office markets continue to perform well
17
Jul
2019

Romanian office markets continue to perform well

by Property Forum
The second quarter of 2019 reconfirmed the increased interest for office space in Romania. Over 115,000 square meters of office space was leased over this period at the national level, a value similar to that registered in the second quarter of 2018.
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News CTP acquires Bucharest park for €40 million
10
Jul
2019

CTP acquires Bucharest park for €40 million

by Property Forum
CTP acquired A1 Bucharest Park during a transaction valued at approximately €40 million.T property is situated at kilometre 13 on A1 motorway.
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News Bucharest office workers spend too much time commuting
10
Jul
2019

Bucharest office workers spend too much time commuting

by Property Forum
Employees working in modern offices in Bucharest spend an average of 46 minutes between home and work, while 52% of them consider the commuting time to be long or too long, according to the first edition of the Working Habits and Commuting Patterns study, realised by Cushman & Wakefield Echinox.
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News CBRE's managed portfolio in CEE expands by 50%
10
Jul
2019

CBRE's managed portfolio in CEE expands by 50%

by Property Forum
One year ago, CBRE promoted Luiza Moraru as Head of the Property Management Division for the Central and Eastern Europe (CEE). In just one year, the managed portfolio expanded by 50%, and at the same time the team grew, so at age 39, Luiza Moraru conducts a team of over 600 people, being the only real estate consultant in Romania with a regional management position.
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News P3 to build accommodation within Bucharest logistics park
28
Jun
2019

P3 to build accommodation within Bucharest logistics park

by Property Forum
P3 will add a hostel and retail space to its existing P3 Bucharest Park development, located on the A1 motorway, creating the first mixed-use project on the Romanian market.
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News Ceetrus completes third phase of Brasov office project
28
Jun
2019

Ceetrus completes third phase of Brasov office project

by Property Forum
Ceetrus Romania has completed the third phase of the Coresi Business Park office project, following an investment of €14 million.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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