ARTICLES LABELLED WITH TAG Romania

News Office lease extensions to drive Bucharest market in 2024
08
Feb
2024

Office lease extensions to drive Bucharest market in 2024

by Property Forum
Existing office buildings will be increasingly sought after by companies due to a lacklustre development pipeline in Bucharest, which will continue to drive contract extension deals in Bucharest.
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News Office take-up in Bucharest hits record in 2023
08
Feb
2024

Office take-up in Bucharest hits record in 2023

by Property Forum
While 116,000 sqm of office spaces were leased in Bucharest during Q4 2023, the overall transactional volume climbed to 463,000 sqm during the whole year, marking an all time take-up record, according to a Cushman & Wakefield Echinox report.
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News Prima Development Group starts new phase of Bucharest resi complex
07
Feb
2024

Prima Development Group starts new phase of Bucharest resi complex

by Property Forum
Romanian developer Prima Development Group has kicked off the construction of the second phase of its Prima Vista residential complex based in northern Bucharest.
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News Alsin to develop villas in northern Bucharest
07
Feb
2024

Alsin to develop villas in northern Bucharest

by Property Forum
Romanian developer Alsin Management will kick off the construction of a villa complex in northern Bucharest, in parallel with the development of a residential complex. Both projects are based in Pipera.
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News One United Properties records 63% resi sale growth in 2023
06
Feb
2024

One United Properties records 63% resi sale growth in 2023

by Property Forum
Romanian developer One United Properties said it sold and pre-sold apartments with a combined value of €274.9 million during 2023, up by 63% year-on-year.
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News REDD launches CRE marketplace in four CEE countries
06
Feb
2024

REDD launches CRE marketplace in four CEE countries

by Property Forum
REDD Group has launched finne, a search engine for commercial real estate, in four new countries in the region: Czech Republic, Slovakia, Romania and Hungary. 
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News Immofinanz explores partial sale of Bucharest office complex
05
Feb
2024

Immofinanz explores partial sale of Bucharest office complex

by Property Forum
Immofinanz Romania, part of CPI Property Group (CPIPG), is reportedly negotiating a partial sale of its Iride Business Park office complex located in northern Bucharest.
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News Bright Spaces inks deal with ELI Parks for digital platform
02
Feb
2024

Bright Spaces inks deal with ELI Parks for digital platform

by Property Forum
Romanian proptech Bright Spaces has signed a partnership with ELI Parks for its entire portfolio of industrial spaces in the country.
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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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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

  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • 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.

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