ARTICLES LABELLED WITH TAG Romania

News Mortgage loans in Romania up 10% in H1 2023
30
Aug
2023

Mortgage loans in Romania up 10% in H1 2023

by Property Forum
The volume of new mortgage loans in Romania rose by 10.2% to 2.5 billion lei (€506 million) in H1 2023 compared to the same period of last year, of which refinancing operations had a 25% share, according to a report by SVN Romania | Credit & Financial Solutions. 
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News Retail deliveries in Romania to count 22 new projects in 2023
29
Aug
2023

Retail deliveries in Romania to count 22 new projects in 2023

by Property Forum
Bucharest is the largest retail market in Romania with a total stock of 1.24 million sqm in operational projects, while across the country Timișoara has the biggest volume of shopping centres and retail parks of all regional cities. 
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News Globalworth completes solar plant in Oradea warehouse
29
Aug
2023

Globalworth completes solar plant in Oradea warehouse

by Property Forum
Globalworth, the developer of office and industrial projects in Romania, has completed a solar plant installation on the rooftop of its Industrial Park West in Oradea.
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News One United Properties net profit up 13% in H1 2023
29
Aug
2023

One United Properties net profit up 13% in H1 2023

by Property Forum
Romanian developer One United Properties has recorded a net profit of €52.8 million in H1 2023, up 13% compared to the same period of last year, while the turnover rose by 26% to €171 million in the same interval.
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News Gen Z wants meaningful, flexible, and comfortable workplaces
25
Aug
2023

Gen Z wants meaningful, flexible, and comfortable workplaces

by Property Forum
The workforce is changing, and Generation Z is leading the way. This generation, born between 1997 and 2012, is now entering the workforce in large numbers, and it is characterized by its unique values and aspirations, according to Maria (Tudorică) Jianu of Genesis Property. 
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News Speedwell gets funding for resi development in Bucharest
24
Aug
2023

Speedwell gets funding for resi development in Bucharest

by Property Forum
Speedwell has secured a loan of €13.6 million from Garanti Bank for the development of the third phase of The Ivy residential project in northern Bucharest.  
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News FineStore leases almost 10,000 sqm in CTPark Bucharest North
24
Aug
2023

FineStore leases almost 10,000 sqm in CTPark Bucharest North

by Property Forum
Industrial developer CTP has delivered a warehouse of almost 10,000 sqm in CTPark Bucharest North for FineStore, the largest online liquor retailer in Romania. The lease transaction was advised by iO Partners. 
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News Romania ranks among Europe's most affordable resi markets
23
Aug
2023

Romania ranks among Europe's most affordable resi markets

by Property Forum
Romania ranks third in the top of the European countries with the cheapest housing, after Bosnia and Herzegovina and Greece, with an average price of €1,417 per sqm, according to a Deloitte report. Homes prices in Romania rose by 10.6% compared to 2021. 
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News Resi rental segment will remain at a high level in 2023
22
Aug
2023

Resi rental segment will remain at a high level in 2023

by Nicolae Ovidiu
Monica Dudău, Marketing Manager, Storia.ro & OLX Imobiliare spoke to Property Forum about the development plans of the two digital platforms dedicated to real estate professionals and the role of technology in streamlining sales in the local residential sector.
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News Bucharest hotel market reaches pre-pandemic levels
21
Aug
2023

Bucharest hotel market reaches pre-pandemic levels

by Property Forum
Bucharest is the fifth most attractive market out of 20 cities in CEE-12 in terms of the interest of the main operators to invest in new hotel facilities in the next period, while the results of hotel operators in the Romanian capital reaching pre-pandemic rates, according to a survey by Cushman & Wakefield Echinox. 
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Latest news


New leases

  • Empik has joined the tenants of Agora Bytom. The nearly 210 sqm space offers books, magazines, as well as accessories and toys for children. The contract has been signed for five years.
  • Galeria Jurajska in Częstochowa is strengthening its offer in the sports segment. Salewa, which operates in the mountaineering equipment market, has made its debut in the shopping centre. The brand has leased 146 sqm of the retail space.
  • A new iSpot Apple Premium Reseller store has opened in Galeria MM in Poznań. This is the fourth iSpot location in this cty. The sales floor of the newest store is approximately 100 sqm.

New appointments

  • In September, Michal Berski took up the position of head of the warehouse sector at CBRE Poland. He has been with the company for over 10 years. In his new role, he manages strategy and the development of all business lines within the warehouse and industrial sector.
  • Slawomir Czarnecki is the new president of Grupa Muszkieterów and ITM Poland. He has replaced David de Bosschère. The new CEO is the owner of the Bricomarché shop in Świecie and has many years of experience in trade, as well as in the Group's internal structures.
  • LCP Properties, a developer in the Polish retail park market, is continuing to strengthen its organisational structure. Andrzej Plit has been appointed as the new Finance Director. Meanwhile, for the LCP-owned EMKA shopping centre in Koszalin, Daria Kokowska became the new Shopping Center Director.

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