ARTICLES LABELLED WITH TAG Romania

News Genpact renews 29,000 sqm office lease in Bucharest project
02
Feb
2024

Genpact renews 29,000 sqm office lease in Bucharest project

by Property Forum
Genpact Romania, a provider of professional services firm, has extended its lease in Bucharest-based Hermes Business Campus, owned by Adventum Group, until 2032.
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News AmCorp to invest €41 million in homes near Bucharest
01
Feb
2024

AmCorp to invest €41 million in homes near Bucharest

by Property Forum
AmCorp will invest around €41 million in two residential projects located in Crevedia and Domnești, near Bucharest, while looking to expand its land bank.
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News P3 leases 170,000 sqm in Romania during 2023
01
Feb
2024

P3 leases 170,000 sqm in Romania during 2023

by Property Forum
P3 Logistic Parks recorded in Romania industrial lease deals with a combined surface of more than 170,000 sqm during 2023 in P3 Bucharest A1 industrial park, with occupancy rates driven by retail and logistics companies.
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News Redport Capital to develop 2,000 apartments in Bucharest
01
Feb
2024

Redport Capital to develop 2,000 apartments in Bucharest

by Property Forum
Romanian developer Redport Capital will start construction this year for the first phase of the urban regeneration project Infinity Nord that will be delivered in several stages by 2030.
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News Romania’s industrial market hits 7 million sqm milestone
31
Jan
2024

Romania’s industrial market hits 7 million sqm milestone

by Property Forum
The industrial and logistics market in Romania reached a stock of 7 million sqm at the end of 2023, with another 500,000 sqm under development across the country, according to data by Cushman & Wakefield Echinox.
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News Arcese leases 10,500 sqm in CTPark Bucharest West
25
Jan
2024

Arcese leases 10,500 sqm in CTPark Bucharest West

by Property Forum
Logistics operator Arcese Group has leased 10,500 sqm in CTPark Bucharest West in a bid to meet growing demand from the automotive industry.
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News Retail deliveries reach 7-year high in Romania during 2023
22
Jan
2024

Retail deliveries reach 7-year high in Romania during 2023

by Property Forum
Romania saw 11 new retail projects completed last year, with a combined leasable area of 215,000 sqm, sending the market to a 7-year high in terms of deliveries, according to a Cushman & Wakefield Echinox report.
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News Average property deal in Romania at €21.5 million in 2023
22
Jan
2024

Average property deal in Romania at €21.5 million in 2023

by Property Forum
While the total investment volume in Romania’s commercial property sector fell by around 60% to around €500 million in 2023 year-on-year, the average transaction amounted to €21.5 million of the 23 investment deals tracked by Crosspoint Real Estate.
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News Petre Niculae invests €40 million in Bucharest resi project
22
Jan
2024

Petre Niculae invests €40 million in Bucharest resi project

by Property Forum
Romanian entrepreneur Petre Niculae, the owner of several construction and real estate companies, has recently started the construction of a new residential complex in Bucharest that will feature 750 apartments.
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News Hagag drops office purchase in Bucharest
19
Jan
2024

Hagag drops office purchase in Bucharest

by Property Forum
Hagag Development Europe has withdrawn from negotiations with SNC-Lavalin for the purchase of an office building in Bucharest, in a deal estimated to have reached over €8 million.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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