ARTICLES LABELLED WITH TAG Romania

News Vectr Holdings buys office building in Bucharest
11
Jul
2024

Vectr Holdings buys office building in Bucharest

by Property Forum
Vectr Realty, a subsidiary of Vectr Holdings, has purchased The Landmark office project in Bucharest from Revetas Capital and affiliates of Cerberus Capital Management for an undisclosed sum.
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News Rising office rents trend to continue in Bucharest
09
Jul
2024

Rising office rents trend to continue in Bucharest

by Ovidiu Nicolae
Cătălin Năstăsoiu, Vice President of Marketing Strategy at Genesis Property, spoke with Property Forum about the status of the YUNITY Park development in Bucharest and the outlook for the office market amidst the limited volume of new deliveries coupled with rising rents.
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News Resi sales in Romania up 16% in H1 2024
07
Jul
2024

Resi sales in Romania up 16% in H1 2024

by Property Forum
More than 77,200 homes were sold in Romania during H1 2024, up by 16% compared to the same period from 2023, while in Bucharest-Ilfov area the growth stood at 25%, according to a report by SVN Romania based on official statistics.
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News Bucharest sees 27% gain in resi sales during June 2024
07
Jul
2024

Bucharest sees 27% gain in resi sales during June 2024

by Property Forum
Residential sales in Bucharest were up 27% in June 2024 compared to the same month of last year.
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News Prime Kapital kicks off new resi phase in Iași project
05
Jul
2024

Prime Kapital kicks off new resi phase in Iași project

by Property Forum
Prime Kapital has started the development of the third residential phase of its mixed-use scheme Silk District in Iași.
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News AFI CEO: Remote work is a decreasing trend
05
Jul
2024

AFI CEO: Remote work is a decreasing trend

by Ovidiu Nicolae
Doron Klein, CEO of AFI Europe Romania and Czech Republic, spoke with Property Forum about the increasing trend of employees returning to the office and the company’s first build to rent project in Romania.
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News Catinvest invests €36 million in ElectroPutere Parc extension
04
Jul
2024

Catinvest invests €36 million in ElectroPutere Parc extension

by Property Forum
French real estate group Catinvest is investing €36 million in the extension of ElectroPutere Parc in Craiova, which has reached over 100,000 sqm of retail spaces.
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News We anticipate continued strong resi demand in Bucharest and regional cities
04
Jul
2024

We anticipate continued strong resi demand in Bucharest and regional cities

by Property Forum
Vlad Musteață, CEO of North Bucharest Investments, spoke with Property Forum about the trends recorded in the agency’s Bucharest-based residential portfolio and its plans to expand in other Romanian cities.
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News Cummins extends lease for 17,000 sqm in CTPark Craiova
03
Jul
2024

Cummins extends lease for 17,000 sqm in CTPark Craiova

by Property Forum
Cummins Generator Technologies Romania has extended its lease for 17,000 sqm of production and storage spaces in CTPark Craiova, in a deal brokered by Colliers Romania. 
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News Retail sales in Romania reach €36 billion in 2023
02
Jul
2024

Retail sales in Romania reach €36 billion in 2023

by Property Forum
Romanians have spent €36 billion in large retail chains during 2023, an amount 11% higher compared with 2022, according to a Cushman & Wakefield report. Of the total amount, FMCG had a share of more than 60%.
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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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