ARTICLES LABELLED WITH TAG Romania

News Property investments in Romania could hover around €500 million in 2024
18
Jan
2024

Property investments in Romania could hover around €500 million in 2024

by Property Forum
The investments transaction market in Romania totaled around €500 million in 2023, down from a record of more than €1.2 billion in the previous year, in line with lower deal volumes that have been recorded across region and the major international markets, according to a Colliers Romania report.
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News Transilvania Construcții delivers logistics park in Bacău
18
Jan
2024

Transilvania Construcții delivers logistics park in Bacău

by Property Forum
Romanian developer Transilvania Construcții has completed a new logistics park spanning close to 25,000 sqm in Bacău. With this newly delivered project, the company’s industrial and logistics portfolio has reached 250,000 sqm.
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News Forte Partners gets LEED certification for Bucharest office
17
Jan
2024

Forte Partners gets LEED certification for Bucharest office

by Property Forum
Romanian developer Forte Partners has obtained the LEED v4 Platinum certification for its U•Center 2 office building based in Bucharest.
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News Mortgage costs in Romania rank among most accessible in EU
16
Jan
2024

Mortgage costs in Romania rank among most accessible in EU

by Property Forum
Home buyers in Romania have among the lowest instalment payments for mortgages across the EU, according to a SVN Romania report.
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News Property investors look to expand Romanian portfolios
11
Jan
2024

Property investors look to expand Romanian portfolios

by Property Forum
The Romanian property market remains attractive for investments, with 65% of investors surveyed by Cushman & Wakefield Echinox saying they are looking to expand their presence in the local market.
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News Commercial land deals fall in Romania during 2023
11
Jan
2024

Commercial land deals fall in Romania during 2023

by Property Forum
The volume of commercial land sales in Romania excluding the industrial segment fell by less than 10% to €450 million during 2023 compared to the previous year, according to a Colliers report.
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News Edelstein Group starts resi project in Cluj-Napoca
09
Jan
2024

Edelstein Group starts resi project in Cluj-Napoca

by Property Forum
Edelstein Group has started the development of a new residential complex in Cluj-Napoca that will be completed in three phases following an investment of €60 million.
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News CTP completes 65,000 sqm warehouse for LPP Logistics in Bucharest
09
Jan
2024

CTP completes 65,000 sqm warehouse for LPP Logistics in Bucharest

by Property Forum
Industrial developer CTP has delivered the first foreign distribution centre of LPP Logistics in Romania spanning 65,000 sqm in CTPark Bucharest West. The construction of the warehouse started in January 2023 and was completed in less than one year.
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News Nordis opens hotel & resi project in Mamaia
02
Jan
2024

Nordis opens hotel & resi project in Mamaia

by Property Forum
Romanian developer Nordis Group has inaugurated its hotel & residence project Hotel Nordis Mamaia 5 ***** following an investment of around €100 million.
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News Żabka acquires large Romanian FMCG distributor
21
Dec
2023

Żabka acquires large Romanian FMCG distributor

by Property Forum
Żabka Group concluded the acquisition of a majority stake, forming in a partnership with one of the leading FMCG distribution players in Romania – DRIM Daniel Distributie. The transaction is subject to the customary regulatory approvals. 
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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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