ARTICLES LABELLED WITH TAG Romania

News Impact Developer & Contractor sells 275 homes in 2022
01
Mar
2023

Impact Developer & Contractor sells 275 homes in 2022

by Property Forum
Romanian developer Impact Developer & Contractor said it sold 275 residential units during 2022, which had a combined value of 210 million lei (€‎42.6 million). In the same year, the company recorded pre-sales for another 450 homes with a combined value of 236 million lei (around €‎48 million), according to a statement submitted to the Bucharest Stock Exchange (BVB). 
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News Housing loans hold only 9% of GDP in Romania
28
Feb
2023

Housing loans hold only 9% of GDP in Romania

by Property Forum
Romania has one of the lowest volumes of housing loans as a share of GDP, being for instance six times lower than Poland in absolute terms, according to a study published by Romanian developer STC Partners. 
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News Interdraw secures building permit for homes in Bucharest
28
Feb
2023

Interdraw secures building permit for homes in Bucharest

by Property Forum
Property developer Interdraw, owned by entrepreneur Ulisse Gheduzzi, has obtained the building permit for a new residential complex in Bucharest that will be developed following an investment of more than €30 million. 
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News Meta Estate Trust gains €8.9 million from property exits in 2022
28
Feb
2023

Meta Estate Trust gains €8.9 million from property exits in 2022

by Property Forum
Romanian property holding Meta Estate Trust says it recorded a gross profit of 7.2 million lei (€1.5 million) during 2022, which was the first full financial year since the launch of the company. Its total revenues amounted to 21.7 million (€4.4 million), while the assets reached 98.6 million lei (€20 million). 
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News One United Properties records slight turnover gain in 2022
28
Feb
2023

One United Properties records slight turnover gain in 2022

by Property Forum
Romanian developer One United Properties says its consolidated turnover rose by 4% year-on-year to €235.4 million in 2022, while its gross profit fell 5% to €116.2 million over higher investment activity. 
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News Opus Land to add 500 homes in complex near Bucharest
28
Feb
2023

Opus Land to add 500 homes in complex near Bucharest

by Property Forum
Opus Land Development says it will invest approximately €50 million this year in the construction of about 500 new homes in the residential complex Cosmopolis based in the northern part of Bucharest region.
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News CEE real estate investment volume hits €10.7 billion
27
Feb
2023

CEE real estate investment volume hits €10.7 billion

by Property Forum
According to Cushman & Wakefield, 2022 witnessed a recovery in commercial real estate investment activity in CEE, with the year closing marginally up compared to the previous year. Total investment volumes in Central and Eastern Europe came in at €10.7 billion, up by 6.6% year-on-year. With more than €5.7 billion worth of deals, Poland continued to lead the way across the region.
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News CTP to add PV power station in Bucharest project
27
Feb
2023

CTP to add PV power station in Bucharest project

by Property Forum
Industrial developer CTP Romania will install a photovoltaic power station with a capacity of 1.5 MW in its CTPark Bucharest project as part of its investments in green energy. 
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News Demand for smaller office areas grows in Bucharest
27
Feb
2023

Demand for smaller office areas grows in Bucharest

by Property Forum
The share of IT companies in the Bucharest office leasing market has shrunk to less than 30% compared to a prepandemic level of more than 50%, according to data from real estate consultancy 24 REAL. 
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News Cordia Romania gets occupancy permit for homes in Bucharest
27
Feb
2023

Cordia Romania gets occupancy permit for homes in Bucharest

by Property Forum
Property developer Cordia Romania, part of Futureal group, says it has obtained the occupancy permit for the second phase of Parcului20, its residential complex based in northern Bucharest. 
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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