The industrial sector in Romania is recording a slowdown in Q1 2024, with the same trend being recorded across Central and Eastern Europe (CEE) markets, according to a iO Partners analysis.
Real estate developer Portland Trust has sold a 50-hectare land plot in Moara Vlasiei to FallCreek, a blueberry nursery stock provider, marking the company’s entry in Romania.
Law firm Kinstellar has advised Globalworth on the sale of a part of its logistics portfolio to CTP. The deal was signed in March 2024 and the closing was recorded in the next month.
Globalworth has secured the LEED certification for Globalworth Tower Center International, located in the CBD area of Bucharest. Cushman & Wakefield Echinox has assisted the office developer in the certification process.
Shareholders of Romanian developer One United Properties have approved the increase of the company’s share capital by €70 million in a move expected to start in August and conclude by October.
A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.
New appointments
CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.
ABOUT US
Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.