ARTICLES LABELLED WITH TAG Romania

News Industrial demand in Romania falls 20% on nine months
14
Nov
2024

Industrial demand in Romania falls 20% on nine months

by Property Forum
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
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News Iulius has over 500,000 sqm certified under LEED standard
14
Nov
2024

Iulius has over 500,000 sqm certified under LEED standard

by Property Forum
Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
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News Bog'Art Building Management names new CEO
14
Nov
2024

Bog'Art Building Management names new CEO

by Property Forum
Bog'Art Building Management, the facility management company part of Bog'Art Group, has appointed Tudor Marchiș as CEO. 
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News Evo Properties mixed-use project in Bucharest to host 4-star hotel
12
Nov
2024

Evo Properties mixed-use project in Bucharest to host 4-star hotel

by Property Forum
Evo Properties, the owner of London & Oslo office buildings in Western Bucharest, has reached a 50% lease rate this year and aims to reach an occupancy rate of 85% by the end of 2025. At the same time, it continues to transform the project into a mixed-use hub that will include a premium hotel.
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News Speedwell to start €94 million resi investment near Bucharest
12
Nov
2024

Speedwell to start €94 million resi investment near Bucharest

by Property Forum
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
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News Prima to develop 491 apartments in Western Bucharest
11
Nov
2024

Prima to develop 491 apartments in Western Bucharest

by Property Forum
Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.
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News Garbe Industrial Real Estate expands in Romania
11
Nov
2024

Garbe Industrial Real Estate expands in Romania

by Property Forum
German developer Garbe Industrial Real Estate has set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in this market and implement its own property developments. 
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News Romania’s long term retail pipeline reaches 800,000 sqm
07
Nov
2024

Romania’s long term retail pipeline reaches 800,000 sqm

by Property Forum
The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade. 
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News Meta Estate Trust invests in land plot in central Bucharest
04
Nov
2024

Meta Estate Trust invests in land plot in central Bucharest

by Property Forum
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
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News Square 7 Properties and Mitiska REIM complete €19 million retail park in Pitești
04
Nov
2024

Square 7 Properties and Mitiska REIM complete €19 million retail park in Pitești

by Property Forum
Square 7 Properties and Mitiska REIM have inaugurated Pitești Shopping Park, a new shopping center located in the northern area of Pitești, following an investment of €19 million.
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Latest news


New leases

  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
  • DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.
  • Industrial developer CTP announced that Moemax, part of the XXXLutz Group, has signed a lease for a 5,300 sqm logistics unit at CTPark Bucharest South.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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