ARTICLES LABELLED WITH TAG Romania

News CTP acquires Bucharest logistics park for €17 million
09
Oct
2017

CTP acquires Bucharest logistics park for €17 million

by Import Sys
CTP continues its accelerated growth by acquiring Chitila Logistic Park, near Buchares, Romania. The transaction was concluded in September and the value of the investment reaches €17.3 million. CLP has been purchased from UBM Development. This acquisition is part of CTP’s strategy of reaching a total leasable area of approximately 1 million sqm in Romania by the end of 2018.
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News Atenor invests in new Bucharest office project
05
Oct
2017

Atenor invests in new Bucharest office project

by Import Sys
Atenor, through its Romanian subsidiary, will complete before end of the year, the purchase of a new site in Bucharest. The site of approx. 11,600 sqm located in the northwestern part of the city in the Expozitiei/Piata Presei Libere area will allow Atenor to develop a new office project of approx. 44,000 sqm.
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News Growing confidence in CEE showcased at Expo Real
04
Oct
2017

Growing confidence in CEE showcased at Expo Real

by Ákos Budai
Central and Eastern European cities have further increased their presence at the largest property event in Europe. Investment markets are booming and this is clearly visible when looking around the stands of Hungarian, Polish, Czech and Romanian cities. Our takeaway from CEE themed panel discussions at Expo Real.
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News Forte Partners buys land in central Bucharest
02
Oct
2017

Forte Partners buys land in central Bucharest

by Import Sys
Romanian developer Forte Partners has acquired a 1,700 sqm plot in the city centre of Bucharest for office development. The plot, sold by Telekom Romania, is located next to Palatul Telefoanelor and the Novotel hotel. It allows the development of up to 9000 sqm of office space.
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News CTP to invest €150 million in Bucharest industrial park
02
Oct
2017

CTP to invest €150 million in Bucharest industrial park

by Import Sys
CTPark Bucharest West currently has 100,000 sqm of new space under construction. The company has big plans to extend the park, having recently purchased more land to allow for a total built-up of more than 700,000 sqm, potentially making CTPark Bucharest West the largest industrial park in Central Europe. The total investment for CTPark Bucharest West alone will exceed €150 million by Q1 of 2018.
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News Radisson Blue Hotel to open in Brasov in 2019
27
Sep
2017

Radisson Blue Hotel to open in Brasov in 2019

by Import Sys
Construction works on the new Radisson Blue Hotel in Brasov are soon to start and are scheduled to be completed by 2019. The five-star hotel will have 110 rooms, zf.ro reports.
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News €80 million residential project launched in Bucharest
26
Sep
2017

€80 million residential project launched in Bucharest

by Import Sys
A new residential complex, comprising 1,000 apartments in four phases, is being built in the Domenii area of Bucharest, requiring a total investment volume of €80 million. The developer of the scheme is DVD Residential Imobiliare, owned by businessmen Dan Sucu (owner of Mobexpert Group) and Valentin Visoiu (owner of Conarg Group).
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News JLL appointed project manager of Renault’s new Bucharest HQ
26
Sep
2017

JLL appointed project manager of Renault’s new Bucharest HQ

by Import Sys
JLL Romania will provide technical consulting services for the construction of Groupe Renault's future headquarters in Romania, the largest office building currently under construction in Bucharest.
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News Zacaria Group to build industrial park in Craiova
25
Sep
2017

Zacaria Group to build industrial park in Craiova

by Import Sys
The construction works on the new business park in Craiova are ongoing and the first 10,000 sqm of industrial space will be delivered by the end of the year, Romanian real estate developer Zacaria announced. Southern Industrial Park will comprise 43,000 sqm of Class A industrial space, fully equipped for activities such as storage, logistics, cross-docking or manufacturing.
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News Romania is on the right track this time
25
Sep
2017

Romania is on the right track this time

by Ákos Budai
The Romanian market has attracted strong interest from international investors in recent years. Solid economic growth, improving perception and the availability of quality investment products have all contributed to the €400 million transaction volume registered in 2017. Andrei Văcaru, Associate Director of Capital Markets at JLL Romania explained Property Forum why Romania is on the right track.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

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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