ARTICLES LABELLED WITH TAG Romania

News Impact Developer & Contractor names new interim GM
13
May
2024

Impact Developer & Contractor names new interim GM

by Property Forum
Romanian property group Impact Developer & Contractor has announced the appointment of Richard Dan-Sebastian Câmpeanu as interim General Manager starting June 1 following a decision of the Board of Directors. He will replace Constantin Sebeșanu, who will complete a 3-year stint at the helm of the company.
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News One United Properties posts slight profit growth in Q1 2024
13
May
2024

One United Properties posts slight profit growth in Q1 2024

by Property Forum
Romanian developer One United Properties recorded a profit growth of 3% to €31.6 million in Q1 2024 versus the same period of last year, while its turnover fell by 5% to €84.3 million in the same interval.
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News Manufacturers in Romania drive industrial market demand in Q1 2024
09
May
2024

Manufacturers in Romania drive industrial market demand in Q1 2024

by Property Forum
The industrial and logistics market in Romania recorded new lease deals for around 200,000 sqm in Q1, with most of the demand generated by manufacturers, FMCG and logistics operators, according to a Cushman & Wakefield Echinox report.
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News Hagag Development Europe buys resi development in Bucharest
09
May
2024

Hagag Development Europe buys resi development in Bucharest

by Property Forum
Hagag Development Europe has purchased a residential complex under development in Eastern Bucharest, located on a former industrial platform.
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News Mortgages loans in Romania up 29% in Q1 2024
09
May
2024

Mortgages loans in Romania up 29% in Q1 2024

by Property Forum
The volume of new mortgage loans amounted to €1.1 billion in Q1 2024, up by around 29% compared to the same period of last year, according to a report by SVN Romania | Credit & Financial Solutions.
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News Dealmaking to accelerate after interest rate cuts
08
May
2024

Dealmaking to accelerate after interest rate cuts

by Ovidiu Nicolae
More real estate deals will be closed once central banks start to cut interest rates, while Romania is still seeing investment geared towards sustainability in its commercial and residential sectors, concluded speakers of the dealmakers panel of Property Forum’s Spring Networking Party, held in Bucharest.
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News MetaWealth inks tokenization deal with One United Properties
07
May
2024

MetaWealth inks tokenization deal with One United Properties

by Property Forum
Fintech start-up MetaWealth has partnered with One United Properties in a €20-million framework agreement for rental apartments. In the first phase, MetaWealth will list on its platform 31 apartments developed in One Lake District, which have a total estimated investment value of €5.5 million. The fintech said that two more assets will be listed in the following 12 months.
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News Sustainability targets gain prominence in property financing
07
May
2024

Sustainability targets gain prominence in property financing

by Ovidiu Nicolae
Banks are starting to ask from the first stage about the sustainability targets of real estate projects, while EU rules are shaping the reporting framework, concluded speakers of the construction and property development panel of Property Forum’s Romania ESG Forum held in Bucharest.
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News Indotek Group concludes retail project revamp in Târgu Mureș
02
May
2024

Indotek Group concludes retail project revamp in Târgu Mureș

by Property Forum
Indotek Group has completed a large-scale revamping of its Plaza M retail project in Târgu Mureș. The company has invested €16 million in the renovation of the shopping complex prevously branded as Promenada Mall.
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News 108 Real Estate expands in Romania
30
Apr
2024

108 Real Estate expands in Romania

by Property Forum
Property consultancy 108 Real Estate has announced its expansion in Romania, where it will focus on the industrial segment.
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Latest news


New leases

  • Woolworth Polska has leased almost 1,000 sqm of space in DL Shopping Park Mikołów, a retail park under construction in the Silesian voivodship.
  • A Reserved store has been reopened in Gemini Park Tarnów. The outlet has gained a new location in the facility and now occupies an area 300 sqm larger.
  • Another new building within the Dekada Grójec retail park has been opened in Grójec. The new part included a Douglas perfumery, which occupied around 200 sqm.

New appointments

  • Angelika Kliś has resigned from her position as a member of Atal's management board, the company announced in a press release. The reason for the resignation was not given.
  • Carrefour has announced changes to the management of its branch in Poland. As of 1st of June, the position of Commercial and Supply Chain Director of Carrefour Poland was taken over by Eric Yung. Tomasz Waligórski was appointed Chief Operating Officer.
  • At Nhood Services Poland, Agnieszka Gutowska was appointed Head of Brand Marketing & Communication. She will responsible for shaping the brand image in Poland, taking into account the competences of the three business lines Property & Asset Services (PAS), Development (DEV) and Resources, Fund & Investment (RFI).

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