ARTICLES LABELLED WITH TAG Romania

News CTP completes 65,000 sqm warehouse for LPP Logistics in Bucharest
09
Jan
2024

CTP completes 65,000 sqm warehouse for LPP Logistics in Bucharest

by Property Forum
Industrial developer CTP has delivered the first foreign distribution centre of LPP Logistics in Romania spanning 65,000 sqm in CTPark Bucharest West. The construction of the warehouse started in January 2023 and was completed in less than one year.
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News Nordis opens hotel & resi project in Mamaia
02
Jan
2024

Nordis opens hotel & resi project in Mamaia

by Property Forum
Romanian developer Nordis Group has inaugurated its hotel & residence project Hotel Nordis Mamaia 5 ***** following an investment of around €100 million.
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News Żabka acquires large Romanian FMCG distributor
21
Dec
2023

Żabka acquires large Romanian FMCG distributor

by Property Forum
Żabka Group concluded the acquisition of a majority stake, forming in a partnership with one of the leading FMCG distribution players in Romania – DRIM Daniel Distributie. The transaction is subject to the customary regulatory approvals. 
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News Park Properties makes land purchases near Bucharest
20
Dec
2023

Park Properties makes land purchases near Bucharest

by Property Forum
Park Properties has purchased two land plots on the shores of Pipera and Balotesti lakes near Bucharest, where it plans to start two new residential developments with an estimated value of more than €40 million.
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News Mediapost Hit Mail leases 19,000 sqm in Chitila Logistics Hub
19
Dec
2023

Mediapost Hit Mail leases 19,000 sqm in Chitila Logistics Hub

by Property Forum
Direct marketing company Mediapost Hit Mail has leased 19,000 sqm in Chitila Logistics Hub, the industrial project jointly developed by Global Vision and Globalworth. The lease transaction was brokered by Colliers.
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News How will SEE construction markets perform in 2024?
19
Dec
2023

How will SEE construction markets perform in 2024?

by Property Forum
2024 is foreseen to experience a decline in SEE construction markets but a comeback is the projected current scenario for 2025. Romania is expected to contribute most negatively to the shrinkage of the SEE region in 2024. The rest of the countries is forecast to perform better. Bulgaria, Croatia and Serbia could end up at higher level in 2025 than what was experienced in 2023. The EECFA (Eastern European Construction Forecasting Association) released its 2023 winter construction forecast.
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News One United Properties gets loan for commercial gallery in Bucharest
18
Dec
2023

One United Properties gets loan for commercial gallery in Bucharest

by Property Forum
Romanian developer One United Properties has secured a loan deal with Alpha Bank Group with a value up to €30.5 million for the development of One Gallery, a retail gallery based in northern Bucharest that is part of One Floreasca City mixed-use scheme.
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News Speedwell to deliver first resi building in Timișoara mixed-use scheme
18
Dec
2023

Speedwell to deliver first resi building in Timișoara mixed-use scheme

by Property Forum
Speedwell says it has completed the construction works for the first 123 apartments in the mixed-use urban regeneration project Paltim, based in Timișoara. The delivery of the apartments is expected in Q1 2024.
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News KSHG Auto Harness leases 13,000 sqm in CTPark Deva II
18
Dec
2023

KSHG Auto Harness leases 13,000 sqm in CTPark Deva II

by Property Forum
Chinese car parts maker KSHG Auto Harness has leased 13,000 sqm of production space in CTPark Deva II, while taking its total leased surface in the project to 21,000 sqm. CTP said the lease transaction underpins the growing demand from large companies looking to nearshore their production facilities for the European market.
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News Accor plans new hotel openings in CEE during 2024
15
Dec
2023

Accor plans new hotel openings in CEE during 2024

by Property Forum
Hospitality group Accor plans to open more than 90 hotels across Europe, Middle East and Asia during 2024, of which four will be based in CEE markets.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • G City Europe is strengthening its development competences. Piotr Myszka has joined the company, taking up the position of Head of Development.
  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.

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