ARTICLES LABELLED WITH TAG Romania

News Rising office rents trend to continue in Bucharest
09
Jul
2024

Rising office rents trend to continue in Bucharest

by Ovidiu Nicolae
Cătălin Năstăsoiu, Vice President of Marketing Strategy at Genesis Property, spoke with Property Forum about the status of the YUNITY Park development in Bucharest and the outlook for the office market amidst the limited volume of new deliveries coupled with rising rents.
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News Resi sales in Romania up 16% in H1 2024
07
Jul
2024

Resi sales in Romania up 16% in H1 2024

by Property Forum
More than 77,200 homes were sold in Romania during H1 2024, up by 16% compared to the same period from 2023, while in Bucharest-Ilfov area the growth stood at 25%, according to a report by SVN Romania based on official statistics.
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News Bucharest sees 27% gain in resi sales during June 2024
07
Jul
2024

Bucharest sees 27% gain in resi sales during June 2024

by Property Forum
Residential sales in Bucharest were up 27% in June 2024 compared to the same month of last year.
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News Prime Kapital kicks off new resi phase in Iași project
05
Jul
2024

Prime Kapital kicks off new resi phase in Iași project

by Property Forum
Prime Kapital has started the development of the third residential phase of its mixed-use scheme Silk District in Iași.
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News AFI CEO: Remote work is a decreasing trend
05
Jul
2024

AFI CEO: Remote work is a decreasing trend

by Ovidiu Nicolae
Doron Klein, CEO of AFI Europe Romania and Czech Republic, spoke with Property Forum about the increasing trend of employees returning to the office and the company’s first build to rent project in Romania.
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News Catinvest invests €36 million in ElectroPutere Parc extension
04
Jul
2024

Catinvest invests €36 million in ElectroPutere Parc extension

by Property Forum
French real estate group Catinvest is investing €36 million in the extension of ElectroPutere Parc in Craiova, which has reached over 100,000 sqm of retail spaces.
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News We anticipate continued strong resi demand in Bucharest and regional cities
04
Jul
2024

We anticipate continued strong resi demand in Bucharest and regional cities

by Property Forum
Vlad Musteață, CEO of North Bucharest Investments, spoke with Property Forum about the trends recorded in the agency’s Bucharest-based residential portfolio and its plans to expand in other Romanian cities.
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News Cummins extends lease for 17,000 sqm in CTPark Craiova
03
Jul
2024

Cummins extends lease for 17,000 sqm in CTPark Craiova

by Property Forum
Cummins Generator Technologies Romania has extended its lease for 17,000 sqm of production and storage spaces in CTPark Craiova, in a deal brokered by Colliers Romania. 
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News Retail sales in Romania reach €36 billion in 2023
02
Jul
2024

Retail sales in Romania reach €36 billion in 2023

by Property Forum
Romanians have spent €36 billion in large retail chains during 2023, an amount 11% higher compared with 2022, according to a Cushman & Wakefield report. Of the total amount, FMCG had a share of more than 60%.
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News Transilvania Construcții sees higher demand for offices in industrial projects
02
Jul
2024

Transilvania Construcții sees higher demand for offices in industrial projects

by Property Forum
Romanian developer Transilvania Construcții is recording a 45% increase in the demand for offices within its industrial portfolio in Romania.
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Latest news


New leases

  • Two new shops, ISpot and Rituals, have opened in the Forum Gliwice shopping centre. A larger Half Price has also started operating. The centre is owned by Deka Immobilien and managed by MVGM.
  • Lux Med Group has joined the group of tenants in Kraków's The Park complex, opening a dental clinic in the office building. The clinic has taken up an area of almost 900 sqm in the B1 building.
  • Flexible office operator CitySpace will launch its fifth location in Warsaw in October. The development in the Nowogrodzka Square office building owned by the French property manager will operate under the name CitySpace Novo and will occupy 2,500 sq m on two floors.

New appointments

  • Pascal Gadet became General Manager of the Radisson Collection Hotel Warsaw on 1st of July this year. A native of the Netherlands, Pascal Gadet has more than 30 years' experience in the hotel industry and has been with the Radisson Group for 20 years.
  • The Office Agency team at Avison Young has gained a new member. Aleksandra Mącik has joined the team as a Consultant.
  • Marcin Kucinski, previously Chief Operating Officer, has been appointed General Manager at Royal Tulip Warsaw Apartments, replacing Rafal Kincer, who took over as CEO of Polski Holding Hotelowy as of 15th of July 2024.

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