ARTICLES LABELLED WITH TAG Romania

News What do investors want in Romania?
29
Mar
2017

What do investors want in Romania?

by Ákos Budai
SEE Property Forum 2017, a real estate conference co-organised by Property Forum and RICS, has been held for the third time in Bucharest. 50 speakers and more than 200 visitors came together in the capital to analyse the potential of the Romanian real estate market from a global perspective.
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News 2017 can be the best year yet for the Romanian market
22
Mar
2017

2017 can be the best year yet for the Romanian market

by Ákos Budai
The mindset of end-users is quickly changing in the world of real estate and developers looking to stay in the race need to keep up with current trends. This trivial statement is especially true in the case of a dynamically growing market such as Romania, which has gone through significant changes in recent years. Sorin Visoianu, Country Manager of Operations at Immofinanz told us what he thinks is driving the Romanian commerical property market.
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News EBRD invests in Romanian supermarket chain
13
Mar
2017

EBRD invests in Romanian supermarket chain

by Ákos Budai
The EBRD is joining forces with Mid Europa Partners to strengthen Romanian supermarket and convenience chain Profi Rom Food S.R.L. by providing a €25 million equity investment. Profi operates around 523 stores in more than 272 localities throughout Romania. The EBRD’s financing will support a further expansion of the network, particularly into the country’s smaller towns.
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News Romania is the country to watch out for in 2017
09
Mar
2017

Romania is the country to watch out for in 2017

by Ákos Budai
2016 was a strong year for the Romanian commercial property market with a continued boom in the office segment and growing investment volumes. Ilinca Paun, Managing Partner at Colliers International talked us about current trends and expectations for the future.
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News Strabag puts Bucharest hotel on the market
07
Mar
2017

Strabag puts Bucharest hotel on the market

by Ákos Budai
Owner Strabag has put the five-star JW Marriott Hotel on the market, zf.ro reports. The potential sale is reported to have attracted interest from various foreign and local investors, including the Paval brothers, the owners of DIY retailer Dedeman. The value of the 402-room hotel is estimated to be around €100 million.
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News New project manager for Timișoara development
06
Mar
2017

New project manager for Timișoara development

by Ákos Budai
Optim Project Management was assigned as General Designer for a new mixed commercia  (retail & offices) development in Timișoara. Optim PM will also provide project management services for this new project.
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News Bucharest hotel market on the rise
02
Mar
2017

Bucharest hotel market on the rise

by Ákos Budai
According to Christie & Co's recent hotel market snapshot, Bucharest is an emerging market for hotel investments. While the city's hotel market may yet to fully recover from the financial crisis, it has made tremendous progress in recent years, reporting upward trends in key performance indicators and growing investor interest.
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News Immofinanz rents over 80,000 sqm of office space in Bucharest
28
Feb
2017

Immofinanz rents over 80,000 sqm of office space in Bucharest

by Ákos Budai
Immofinanz rented approx. 80,000 sqm of office space in Bucharest during the abbreviated 2016 financial year. That represents more than 40% of the total standing office portfolio in Romania. These transactions are expected to increase the occupancy rate in the office sector in Romania from roughly 88% to more than 94%. New rentals and expansions accounted for roughly 47,000 sqm or 60% of the rented space, while the remainder represents contract extensions. 
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News Colliers appoints new Managing Director for CEE
28
Feb
2017

Colliers appoints new Managing Director for CEE

by Ákos Budai
Colliers International announced that Luke Dawson has returned to Colliers International, effective immediately, in the role of Managing Director & Head of Capital Markets for Central & Eastern Europe (CEE).
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News JLL Romania appoints new Managing Director
28
Feb
2017

JLL Romania appoints new Managing Director

by Ákos Budai
JLL has appointed Silviana Petre Badea as Managing Director of its Romanian business, based in Bucharest, with effect from 1 March 2017.
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Latest news


New leases

  • The Alsendo company has decided to lease 1360 sqm of space in Plac Unii in Warsaw for its office. Invesco Real Estate, the owner of the complex, was represented by Colliers in the transaction. Alsendo was advised by Savills.
  • Poland's only outlet store of the Italian brand Boggi Milano has opened in Designer Outlet Warsaw. On approximately 170 sqm, customers will find a large selection of men's formal and casual clothing.
  • Sii Poland has extended its lease agreement at West 4 Business Hub I in Wrocław for another five years. The company occupies approximately 2,300 sqm in the office building.

New appointments

  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Katarzyna Chwalbińska-Kusek has taken on the role of business line head specialising in complex ESG consulting and will lead a multidisciplinary team of experts at Baker Tilly TPA.
  • Corees Polska announces the addition of Anna Shpatakova to the team as Associate Director. She will be responsible for providing comprehensive advice to office and industrial tenants.

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