ARTICLES LABELLED WITH TAG Romania

News 2024 transaction volume in Romania to outpace last year's
16
Jul
2024

2024 transaction volume in Romania to outpace last year's

by Ovidiu Nicolae
Daniela Lazea, Partner at Biriș Goran, spoke to Property Forum about the growth in renewable energy and industrial investment in 2024 and the potential for the transaction market to outpace in 2024 the volume of around €500 million posted last year.
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News VGP delivers new warehouse in Timișoara
15
Jul
2024

VGP delivers new warehouse in Timișoara

by Property Forum
Industrial developer VGP has completed a new warehouse spanning 32,768 sqm in its Timișoara-based park, with more than half of its surface already leased by Continental Tires. 
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News CTP Clubhaus gets BREEAM Award for sustainability
12
Jul
2024

CTP Clubhaus gets BREEAM Award for sustainability

by Property Forum
CTP Clubhaus in Bucharest, for which ADP provided sustainability consulting and certification services, has won the BREEAM Award for the most sustainable non-residential building.
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News Development land segment could attract strongest investor interest
12
Jul
2024

Development land segment could attract strongest investor interest

by Ovidiu Nicolae
Costin Nistor, Managing Director of Fortim Trusted Advisors, spoke with Property Forum about the agency’s goal to achieve at least 20% growth in 2024 after launching new business lines and focusing on segments with development potential in the commercial and residential areas.
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News Property investments in Romania could reach €700 million in 2024
11
Jul
2024

Property investments in Romania could reach €700 million in 2024

by Property Forum
Real estate investment transactions in the Romanian commercial real estate sector totaled €419 million in H1 2024 and could reach around €700 million by the end of the year, surpassing 2023 levels, according to an analysis by Colliers.
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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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Latest news


New leases

  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.
  • DHL Express Romania has opened its new operational center at VGP Park Bucharest North in Ștefăneștii de Jos, marking the company's first carbon-neutral facility in the country, following a €5 million investment The 4,130 sqm facility includes 3,604 sqm of warehouse space and 526 sqm of offices, with a maximum sorting capacity of 2,800 items per hour.
  • Industrial developer CTP announced that Moemax, part of the XXXLutz Group, has signed a lease for a 5,300 sqm logistics unit at CTPark Bucharest South.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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