ARTICLES LABELLED WITH TAG romania
30
Jul
2020
Jul
2020
Forte Partners to launch second resi project in Bucharest
Local real estate developer Forte Partners is planning to build 500 apartments on Calea Serban Voda in Bucharest. The residential building will be erected next to the developer’s U Center office project, which is currently underway. The company's second major residential project is valued at €200 million.
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30
Jul
2020
Jul
2020
Globalworth to raise €1.5 billion in medium-term notes
Globalworth intends to launch a €1.5 billion issue under its Euro Medium Term Note (EMTN) Program. The notes will be sold on the Dublin Stock Exchange.
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30
Jul
2020
Jul
2020
CTP to complete first phase of Bucharest park this autumn
CTP continues its expansion in Romania by developing a new logistics park in the Northern part of Bucharest – CTPark Bucharest North. The park, located in Ștefănești, Ilfov County, has a total area of 21 ha and has a large opening with access to the Bucharest Ring Road, close to the A3 highway. The total value of the investment in the new logistics park amounts to €65 million.
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30
Jul
2020
Jul
2020
Developers to invest €300 million in projects on Calea Victoriei
Calea Victoriei in Bucharest, the 2.8-kilometer-long artery between Piața Victoriei and Piața Națiunilor Unite, will continue to grow as an office and hotel hub in the upcoming years, with the developers' plans to build seven new office buildings and six hotels as a result of investments that could exceed the €300 million threshold, according to Cushman & Wakefield Echinox.
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30
Jul
2020
Jul
2020
Hagag receives building permit for new Bucharest resi project
Real estate developer Hagag Development Europe received the building permit for H Eliade 9 Residence, its new residential project to be developed in Bucharest, Romania. Construction works are scheduled to start this August. €16 million will be invested in the new resi-scheme. Over 35% of the available units have already been contracted.
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30
Jul
2020
Jul
2020
Romania’s retail stock to exceed 4 million sqm by year-end
The modern retail stock in Romania, consisting of shopping centres, retail parks and commercial galleries with a leasable area of at least 5,000 square meters, has reached 3.96 million square meters and will exceed the 4 million sqm threshold until the end of the year, according to Cushman & Wakefield Echinox.
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23
Jul
2020
Jul
2020
AFI Europe completes first resi project in Bucharest
AFI Europe Romania has finalized and completely sold phase I of AFI City, the first residential project developed by the company in Romania. The first phase consists of 190 apartments and 228 parking lots, and is located in northern Bucharest, in the Bucurestii Noi neighborhood.
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20
Jul
2020
Jul
2020
Globalworth collects 93% of rents in H1 2020
Globalworth published a trading update summarising the key highlights of its operating performance during the first six months of the year, including some further updates as to the impact of the pandemic crisis on its operations.
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20
Jul
2020
Jul
2020
Continental completes €27 million office expansion in Iași
The Romanian unit of German automotive parts supplier Continental has completed a €27 million investment in the expansion of its office building in Iași.
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20
Jul
2020
Jul
2020
One United Properties to raise €25 million for Bucharest project
Romanian real estate developer One United Properties is selling part of its One Cotroceni Park urban regeneration project, currently under development in Bucharest, for €25 million. The amount raised is to be invested in the further development of the project, profit.ro reports.
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Latest news
- Hyprop snaps up Bulgarian shopping centre for €122 million
- HB Reavis secures €200 million refinancing for Warsaw asset
- Radisson opens Timișoara's first lifestyle hotel
- How to make your building come alive? Why the right flex solution can make the difference
- Polish retail park 90% pre-leased before construction
- Savills strengthens Poland investment team with new hires
- Faedra Group launches three new residential projects in Budapest
- Colliers cuts emissions by 32% in sustainability push
- Panattoni starts 132,000 sqm Bytom project
- iO Partners wins Bratislava office leasing mandate
New leases
- Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
- Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
- DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.
New appointments
- 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.
- Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
