ARTICLES LABELLED WITH TAG romania
14
Feb
2019
Feb
2019
CTP reaches 1 million sqm milestone in Romania
CTP is the first real estate developer to reach a historical milestone: 1 million sqm of built area spread in 13 logistics and industrial parks throughout Bucharest and nine other cities, strategically located in Romania.
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14
Feb
2019
Feb
2019
Investors love Bucharest offices
Office building transactions on the Romanian market reached the highest level of the last decade in 2018, as 20 assets with a total GLA of 220,000 square meters and a value of more than €500 million were transacted only in Bucharest, according to Cushman & Wakefield Echinox.
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14
Feb
2019
Feb
2019
AFI Europe to buy Casa Radio building in Bucharest
AFI Europe Romania has signed a non-binding letter of intent with Plaza Centers for the acquisition of the majority stake (75%) of the Casa Radio, located in the centre of Bucharest. The value of the offer amounts to €60 million.
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07
Feb
2019
Feb
2019
Land transactions in Bucharest reach a new record
Developers and real estate investors completed land acquisitions with a cumulative value of around €245 million last year in Bucharest, a new record for the past ten years, according to the Cushman & Wakefield Echinox which has monitored 31 medium and large transactions.
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07
Feb
2019
Feb
2019
Morgan Stanley in talks for €150 million Bucharest office deal
Morgan Stanley Real Estate Romania is reportedly considering the acquisition of the Hermes Business Campus office project in Northern Bucharest, according to zf.ro.
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07
Feb
2019
Feb
2019
Timișoara office building receives LEED certification
United Business Center 2 (UBC 2) in Timișoara was awarded a LEED Gold certification. UBC 2 adds up to 18,000 sqm leasable area and was opened in early 2017. The building is a part of the Openville Timișoara mixed-use project currently developed by Iulius and Atterbury Europe in the vicinity of Iulius Mall.
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07
Feb
2019
Feb
2019
Plaza Centers to sell land plot in Brasov
Plaza Centers has signed a pre-agreement for the sale of a plot in Brasov, Romania for a total gross amount of €620,000 which is slightly above the last reported book value.
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07
Feb
2019
Feb
2019
C&W Echinox announces promotion
Cushman & Wakefield Echinox has strengthened its Capital Markets team by promoting Alexandru Mitrache as Head of Transactions - Land & Investment.
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31
Jan
2019
Jan
2019
AFI Europe invests €40 million in Arad retail park
AFI Europe announced that it would start building a retail park in Arad by the end of this year. The developer will invest €40 million in the project located on an 80,000 sqm land plot, zf.ro reports.
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31
Jan
2019
Jan
2019
Supernova to develop retail park in Sibiu with local partner
Oasis Retail Development & Consulting has entered into a partnership with Austrian-based group Supernova for the development of Prima Shopping Center Sibiu. The 40,000 sqm retail park is located north of the city centre.
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Latest news
- Wing closes €100 million bond programme with oversubscription
- Korean-backed fund buys warehouses in Poland for €120 million
- Alesonor selects contractor for second phase of resi project near Bucharest
- Bucharest office market sees 25% yearly fall of leasing demand in 2025
- Retail park pipeline in Slovakia hits 73,000 sqm
- CEE investors start 2026 with stronger momentum than Western peers, says survey
- Investika expands into Germany with shopping centre deal
- Atal launches last phase of resi project in Gliwice
- Panattoni secures €26.5 million loan for Warsaw warehouse project
- New private hospital opens in myhive Victoria Park
New leases
- Panattoni has signed an agreement with a new tenant for its urban development in Łódź. Olmed, which operates a pharmacy and online drugstore, has taken up 9,500 sqm of space in City Logistics Łódź VI.
- The Polish subsidiary of Hoerbiger, specialized in precision positioning technologies, has leased 200 sqm in the Warsaw-based SOHO by Yareal. The company will start operations in the new offices this May.
- Ingram Micro, the global distributor of IT solutions and mobile devices, has renewed its lease at the MLP Pruszków II logistics center, covering around 8,200 sqm of modern warehouse and office space. The lease deal was brokered by CBRE.
New appointments
- Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
- Joanna Leńkowska has been appointed as Workthere Lead at Savills Poland, taking over the role from Thomas Jodar. Leńkowska brings five years of experience in the flexible office sector to the team, having previously worked with WeWork and CitySpace.
- CTP Romania has appointed Diane-Monique Forrest as Business Developer. She will focus on leasing activities in Transylvania, covering key cities such as Timișoara, Arad, Sibiu, and Deva.
