ARTICLES LABELLED WITH TAG Romania

News One United Properties makes large land purchase in Bucharest
17
Feb
2023

One United Properties makes large land purchase in Bucharest

by Property Forum
Romanian developer One United Properties has purchased 5 hectares of land in Bucharest for a new mixed-use development in a deal worth €35 million. The company plans to develop One Cotroceni Towers, which will have a gross development value in the range of €400 million. 
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News Residential holds biggest share of Romanian land deals in 2022
16
Feb
2023

Residential holds biggest share of Romanian land deals in 2022

by Property Forum
While the overall value of land transactions in Romania totalled €450 million during 2022, two-thirds of the traded volume was generated in Bucharest, mostly in the residential segment, according to Colliers Romania. 
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News Genesis Property aims to have net zero portfolio by 2030
16
Feb
2023

Genesis Property aims to have net zero portfolio by 2030

by Property Forum
Romanian developer Genesis Property says it is committed to achieving zero carbon emissions for the buildings in its portfolio by 2030. This will be achieved by investments in energy efficiency and production from renewable sources.
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News CPI Property Group completes upgrade of Bucharest office
16
Feb
2023

CPI Property Group completes upgrade of Bucharest office

by Property Forum
CPI Property Group has announced the completion of the modernization process of the myhive Victoria Park building in Bucharest. The building completes the myhive building portfolio in Bucharest, which includes 4 other properties, including myhive S-Park, myhive Metroffice, myhive IRIDE | nineteen and myhive IRIDE | twenty.
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News Iași takes nearly 40% of regional office lease deals in Romania
16
Feb
2023

Iași takes nearly 40% of regional office lease deals in Romania

by Property Forum
Transactions of new office rental, relocation and pre-rental in Romania’s regional cities reached 70,393 sqm during 2022, which was 22% more than in 2021. Almost 90% of the lease deals were closed in cities that are university centres such as Iași, Cluj-Napoca and Timișoara,  according to a report by Fortim Trusted Advisors.
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News Roca Investments raises funds for regional expansion
15
Feb
2023

Roca Investments raises funds for regional expansion

by Property Forum
Romanian private equity company Roca Investments has attracted RON 100 million (around €20 million) in new equity in a bid to expand its regional presence in the industry and agriculture field. The fund is also a controlling shareholder in key suppliers for the real estate industry. 
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News Speedwell gets permit for offices in Timișoara
15
Feb
2023

Speedwell gets permit for offices in Timișoara

by Property Forum
Property developer Speedwell has secured the building permit for the office component of its mixed-use project Paltim located in Timișoara. 
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News Romania reaches 120 flexible offices in 2022
14
Feb
2023

Romania reaches 120 flexible offices in 2022

by Property Forum
The number of flexible offices in Romania climbed to 120 at the end of 2022, with 21 new coworking centres opened in the post-pandemic period, according to a report by real estate consultancy Crosspoint Real Estate. 
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News Major trends shaping Romania’s industrial market in 2023
13
Feb
2023

Major trends shaping Romania’s industrial market in 2023

by Property Forum
While the leasing of industrial spaces crossing for the first time the 1 million sqm milestone in 2022, the deliveries of new projects will total around 550,000 sqm during this year, which should take the total stock to a fresh high of 7 million sqm, according to real estate consultancy CBRE. 
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News Globalworth office fit out in Romania tops 250,000 sqm
13
Feb
2023

Globalworth office fit out in Romania tops 250,000 sqm

by Property Forum
Property group Globalworth says it has delivered office fit-out services for 50 tenants in 12 buildings based in Bucharest that totalled 250,000 sqm. 
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Latest news


New leases

  • Industrial developer CTP has leased 2,800 sqm to the food supplements manufacturer Sun Wave Pharma in the industrial park CTPark Bucharest South, located in southern Bucharest.
  • INATECH Packaging, the protective packaging and insulating materials supplier, has leased 2,300 sqm of office and warehouse spaces in CTPark Oradea Cargo Terminal.
  • SIDE GRUP, the Romanian distributor of cleaning and hygiene, has leased 1,500 sqm in CTPark Oradea Cargo Terminal. The deal was brokered by real estate consultancy JLL.

New appointments

  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.
  • Michał Kloch was appointed as Cost Management Lead, Poland in the Project & Development Services team of Cushman & Wakefield with effect from 1 March. In his role, he heads a team of quantity surveyors and is responsible for oversight of construction costs during all project delivery phases and for preparation of cost analyses and reports.
  • Two people have joined the REINA Company. Since February this year, Michał Baranowski acts as Business Development Manager and Joanna Turalska supports the work of the team as Leasing & Team Coordinator. REINA Company specialises in comprehensive transactional and echnical consultancy for organisations using office space.


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