ARTICLES LABELLED WITH TAG romania

News - Investors get more familiar with data centres and student housing
16
Jan
2025

Investors get more familiar with data centres and student housing

by Property Forum
Victor Constantinescu, Managing Partner & Co-Head of firm-wide Real Estate at Kinstellar Romania, talked to Property Forum about the key deals of 2024 and shared his expectations for the year ahead.
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News - Romania’s commercial property investments up 47% in 2024
15
Jan
2025

Romania’s commercial property investments up 47% in 2024

by Property Forum
Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners. 
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News - Land deals in Romania reach €450 million in 2024
15
Jan
2025

Land deals in Romania reach €450 million in 2024

by Property Forum
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania. 
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News - Resi sales up by 7.6% in the Bucharest-Ilfov region in 2024
14
Jan
2025

Resi sales up by 7.6% in the Bucharest-Ilfov region in 2024

by Property Forum
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%. 
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News - Griffes closes deals amounting to €95 million in 2024
13
Jan
2025

Griffes closes deals amounting to €95 million in 2024

by Property Forum
Romanian real estate agency Griffes has closed lease deals worth more than €95 million in 2024, with Bucharest holding 75% of the total volumes. 
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News - Mortage rates in Romania remain among lowest in EU
09
Jan
2025

Mortage rates in Romania remain among lowest in EU

by Property Forum
Romania remains one of the countries with the lowest mortgage penetration rates in the European Union, according to a Colliers’ analysis.  
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News - IWG opens new coworking space in Bucharest
09
Jan
2025

IWG opens new coworking space in Bucharest

by Property Forum
IWG is opening a new coworking location under the Spaces brand in Bucharest-based Vastint Business Garden building that will focus on hybrid work demand.
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News - Ahold Delhaize completes Profi acquisition in Romania
07
Jan
2025

Ahold Delhaize completes Profi acquisition in Romania

by Property Forum
Ahold Delhaize has completed the acquisition of Romanian food retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately €1.3 billion, the Belgian retailer announced in a press release. 
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News - MAS sells strip malls in Romania for €49 million
21
Dec
2024

MAS sells strip malls in Romania for €49 million

by Property Forum
MAS has entered an agreement for the disposal of all its strip malls in Romania to M Core Group for €49 million. The deal pending approval from local authorities could be completed by March 2025.
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News - Hilton enters Timișoara’s hotel market
19
Dec
2024

Hilton enters Timișoara’s hotel market

by Property Forum
Tresor Le Palais in Timișoara has joined the Curio Collection by Hilton brand, marking the first transformation of this kind on the local market. 
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Latest news


New leases

  • The recreational offering at Fort Wola has been further enhanced. Zdrofit fitness club, which has operated at the centre since 2024, has expanded its floor space by an additional 790 sqm to house a modern pilates zone. Following this expansion, the club’s total footprint exceeds 2,280 sqm.
  • Bolton Romania has leased 306 sqm of office space in the Bucharest-based River Plaza. The deal was brokered by Fortim Trusted Advisors.
  • IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.

New appointments

  • Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.
  • Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
  • Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.

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