ARTICLES LABELLED WITH TAG Romania

News Investment in Romania's regional cities shows upward trend
09
Aug
2024

Investment in Romania's regional cities shows upward trend

by Ovidiu Nicolae
Lavinia Ioniță Rasmussen, Partner at NNDKP’s Real Estate practice, spoke with Property Forum about the acceleration of commercial and residential development in regional cities and the potential of the local market to offer higher returns for property investors compared to other countries in the region.
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News Romania ranks third in CEE on commercial investments H1 2024
08
Aug
2024

Romania ranks third in CEE on commercial investments H1 2024

by Property Forum
Romania’s commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox. 
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News Romania ranks among cheapest resi markets in Europe
07
Aug
2024

Romania ranks among cheapest resi markets in Europe

by Property Forum
The average price of new homes in Romania amounted to €1,504 per sqm in 2023, which was the third lowest price in Europe, behind Bosnia and Herzegovina and Greece, according to a Deloitte report. 
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News Bucharest’s short-term rental industry totals €24 million in H1 2024
07
Aug
2024

Bucharest’s short-term rental industry totals €24 million in H1 2024

by Property Forum
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report. 
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News One United Properties posts slight growth of resi sales in H1 2024
07
Aug
2024

One United Properties posts slight growth of resi sales in H1 2024

by Property Forum
Romanian developer One United Properties says its volume of sold and pre-sold residential units, parking spaces and commercial spaces amounted to around €123.8 million during H1 2024. This result is up by 2.5% compared to the same period of last year. 
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News Hili Properties buys remaining stake in Bucharest office building
06
Aug
2024

Hili Properties buys remaining stake in Bucharest office building

by Property Forum
Hili Properties, the real estate arm of Hili Ventures, has successfully secured the remaining 25% shareholding of the company which owns the MIRO office building in northern Bucharest. 
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News Traditional property investors are turning to renewable energy
05
Aug
2024

Traditional property investors are turning to renewable energy

by Ovidiu Nicolae
Roxana Frățilă, Partner, Head of Real Estate & Construction at CMS, spoke to Property Forum about the key deals closed in the retail market in 2023 and accelerating investment in renewable energy.
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News iO Partners completes development management for solar farm in Romania
05
Aug
2024

iO Partners completes development management for solar farm in Romania

by Property Forum
iO Partners has provided development management services for a 126 MW solar farm in Văcărești locality, Dâmbovița County. 
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News One United Properties kicks off Infineon HQ development in Bucharest
05
Aug
2024

One United Properties kicks off Infineon HQ development in Bucharest

by Property Forum
Romanian developer One United Properties has started the construction of One Technology District, which will host the largest R&D centre of Infineon Technologies in Southeast Europe.
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News STC Partners to start new resi project in Bucharest
05
Aug
2024

STC Partners to start new resi project in Bucharest

by Property Forum
STC Partners will start a new residential project in Bucharest after completing the acquisition of a land plot for €7.2 million.
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Latest news


New leases

  • Helly Hansen has leased 150 sqm for its first Romanian store in Promenada Mall, owned by NEPI Rockcastle.
  • A company specialising in the logistics sector, providing goods warehousing and transportation services, has leased a total of over 5,000 square meters of modern space at the MLP Czeladź logistics centre. The transaction was brokered by the consulting firm Rock Estate.
  • Skanska announced the expansion of its tenant portfolio in the Equilibrium 2 office building in Bucharest by welcoming ONV LAW. ONV LAW will occupy approximately 640 sqm in Equilibrium 2, with the move-in scheduled for December 2025.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.

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