ARTICLES LABELLED WITH TAG romania

News - Element Industrial to develop 60,000 sqm park in Craiova
30
May
2019

Element Industrial to develop 60,000 sqm park in Craiova

by Property Forum
Element Industrial announced the development of a 60,000 sqm logistics park in the Romanian city of Craiova. The company will build the €35 million industrial project on an 11-hectare plot of land, near the south ring road of the city, with direct access to the E70 road. The developer plans to deliver ELI PARK Craiova in three phases.
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News - Romania ranks attractive for manufacturing
30
May
2019

Romania ranks attractive for manufacturing

by Property Forum
Romania is the fifth most attractive manufacturing market in Europe and was ranked 12th globally, according to the Manufacturing Risk Index 2019 study, conducted by the Cushman & Wakefield.
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News - Hungarian and Czech markets remain global leaders in market sentiment
24
May
2019

Hungarian and Czech markets remain global leaders in market sentiment

by Ákos Budai
According to the RICS Commercial Property Monitor, Hungary has the strongest occupier sentiment and the Czech Republic has the strongest investment sentiment among the 40 countries surveyed in Q1 2019. Market expectations remained fairly positive across Central and Eastern Europe in the first quarter of the year, with the share of those stating that we have reached the peak of current property cycle decreasing compared to previous quarters.
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News - EBRD reaffirms commitment to Globalworth
23
May
2019

EBRD reaffirms commitment to Globalworth

by Property Forum
In order to finance its further growth, Globalworth successfully completed a capital increase of €500.5 million. The EBRD invested a further €25 million to support the company’s planned growth. The Bank became a shareholder in Globalworth in December 2017 and currently holds a 5.8 per cent stake in the company.
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News - CTP develops new logistics park in Sibiu
09
May
2019

CTP develops new logistics park in Sibiu

by Property Forum
CTP will develop a new logistics park in Sibiu on an area of 9 hectares with an investment of €23 million.
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News - Lidl opens logistics centre in Eastern Romania
09
May
2019

Lidl opens logistics centre in Eastern Romania

by Property Forum
Lidl has opened its first logistics centre in the eastern part of Romania, in the town of Roman, Neamt county.
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News - PropTech Romania organises first Real Estate Hackathon
08
May
2019

PropTech Romania organises first Real Estate Hackathon

by Property Forum
PropTech Romania which is the first Romanian innovation platform designed for the real estate market, hosted the first European real estate hackathon in Bucharest on 12 and 13 April 2019.
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News - Dedeman buys Cluj-Napoca office building
02
May
2019

Dedeman buys Cluj-Napoca office building

by Property Forum
Dedeman has signed a contract for the purchase of The Office in Cluj-Napoca. The sellers are developers NEPI Rockcastle and Ovidiu Sandor. The purchase price has not been disclosed, but it is estimated to be around €100 million.
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News - CTP to expand Romanian portfolio by 200,000 sqm in 2019
25
Apr
2019

CTP to expand Romanian portfolio by 200,000 sqm in 2019

by Property Forum
CTP continues its expansion in Romania. The developer plans to add another 200,000 sqm to its 1 million sqm local portfolio.
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News - IT&C players drive demand for Bucharest offices
25
Apr
2019

IT&C players drive demand for Bucharest offices

by Property Forum
The Bucharest office closed Q1 2019 with decent numbers: a gross take-up of 105,000 sqm, out of which the net take-up was 29,000 sqm, and 93,000 sqm of deliveries. Data from Colliers International Romania show that the demand came mostly from IT&C companies, despite the tight labour market.
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Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.

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