ARTICLES LABELLED WITH TAG Romania

News Romanian resi market records price drop in Q3 2022
04
Nov
2022

Romanian resi market records price drop in Q3 2022

by Property Forum
Prices of homes in Romania fell by an average of 1.8% in Q3 2022 compared to Q2 2022, although in large regional cities such as Timișoara, Brașov and Iași the prices continued to grow in this period, according to property platform Imobiliare.ro. 
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News Environment attracts bulk of investment under ESG in real estate
04
Nov
2022

Environment attracts bulk of investment under ESG in real estate

by Property Forum
The Environment component in ESG is attracting the largest share of investments made by property players, as sustainable buildings have a better position in the market, concluded speakers in the ESG panel at SEE Property Forum 2022, held in Bucharest.
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News Industrial demand in Romania hits record in Q3 2022
03
Nov
2022

Industrial demand in Romania hits record in Q3 2022

by Property Forum
Romania's industrial market continued to perform impressively in Q3 2022, with gross demand reaching a record high of around 408,700 sqm, from 188,400 sqm in Q2 and 129,000 sqm in the same period of last year, according to real estate consultancy JLL Romania. 
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News Prime Kapital to invest €330 million in Cluj-Napoca mixed-use scheme
03
Nov
2022

Prime Kapital to invest €330 million in Cluj-Napoca mixed-use scheme

by Property Forum
Property developer and investor Prime Kapital has unveiled plans for an urban regeneration project in Cluj-Napoca, on a land plot of 17.1 hectares that previously hosted an industrial platform. 
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News HANN Development gets permit for villas near Bucharest
03
Nov
2022

HANN Development gets permit for villas near Bucharest

by Property Forum
HANN Development, owned by Turkish businessperson Bahri Büyükhanlı in association with Emre Büyükhanlı, has recently received the building permit for a residential project in a locality near northern Bucharest. 
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News Bucharest office leasing at 75,700 sqm in Q3 2022
03
Nov
2022

Bucharest office leasing at 75,700 sqm in Q3 2022

by Property Forum
Office leasing across the country totaled 108,747 sqm in Q3, up 9% compared to the same period of last year, with Bucharest, Iași and Cluj-Napoca recording the biggest volume of transactions, according to real estate consultancy Fortim Trusted Advisors. 
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News Romanian industrial market registers vacancy low
02
Nov
2022

Romanian industrial market registers vacancy low

by Property Forum
Demand for logistics and industrial space is close to registering a new record in 2022 as the vacancy rate reached 4.3% at the end of Q3, which is one of the lowest levels in the last decade, according to real estate consultancy Cushman & Wakefield Echinox. 
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News Pavăl Holding buys office project in Bucharest
01
Nov
2022

Pavăl Holding buys office project in Bucharest

by Property Forum
Pavăl Holding, the investment vehicle of the Pavăl family, has purchased first phase of the U•Center office project in the Tineretului area of Bucharest from Romanian developer Forte Partners for an undisclosed sum. 
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News One United Properties gets resi scheme permitted in Bucharest
01
Nov
2022

One United Properties gets resi scheme permitted in Bucharest

by Property Forum
Romanian developer One United Properties has obtained the building permit for One Floreasca Towers, which will be built on a plot of land of 5,600 sqm, located in the Promenada Mall business area in Bucharest.
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News Metav invests €40 million in Bucharest resi project
01
Nov
2022

Metav invests €40 million in Bucharest resi project

by Property Forum
Romanian property company Metav will invest more than €40 million in the development of a new residential project with 164 units in Bucharest. 
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Latest news


New leases

  • LCP Properties has finalised two further leases for M Park Pionki. The CCC shoe shop will occupy 400 sqm in the building, while the area of the Xtreme Fitness gym will reach 600 sqm.
  • Two more companies have become tenants of Diuna, part of the Warsaw office portfolio of Syrena Real Estate and PineBridge Benson Elliot. Intrum has leased nearly 370 sqm and Carrier Chłodnictwo about 500 sqm in the complex on Taśmowa Street. In addition, WDX has extended its lease for nearly 500 sqm of space.
  • Castorama has opened its 103rd shop in Poland. The outlet in the compact Smart concept is located in the Dekada shopping centre, at Armii Krajowej Street in Grójec. It is a 2,000-square-metre retail space, an outdoor garden zone and an assortment of around 15,000 off-the-shelf products.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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