ARTICLES LABELLED WITH TAG romania

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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News - AFI CEO: Remote work is a decreasing trend
05
Jul
2024

AFI CEO: Remote work is a decreasing trend

by Ovidiu Nicolae
Doron Klein, CEO of AFI Europe Romania and Czech Republic, spoke with Property Forum about the increasing trend of employees returning to the office and the company’s first build to rent project in Romania.
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News - Catinvest invests €36 million in ElectroPutere Parc extension
04
Jul
2024

Catinvest invests €36 million in ElectroPutere Parc extension

by Property Forum
French real estate group Catinvest is investing €36 million in the extension of ElectroPutere Parc in Craiova, which has reached over 100,000 sqm of retail spaces.
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News - We anticipate continued strong resi demand in Bucharest and regional cities
04
Jul
2024

We anticipate continued strong resi demand in Bucharest and regional cities

by Property Forum
Vlad Musteață, CEO of North Bucharest Investments, spoke with Property Forum about the trends recorded in the agency’s Bucharest-based residential portfolio and its plans to expand in other Romanian cities.
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News - Cummins extends lease for 17,000 sqm in CTPark Craiova
03
Jul
2024

Cummins extends lease for 17,000 sqm in CTPark Craiova

by Property Forum
Cummins Generator Technologies Romania has extended its lease for 17,000 sqm of production and storage spaces in CTPark Craiova, in a deal brokered by Colliers Romania. 
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Latest news


New leases

  • Gaya Studios has 190 sqm in Green Gate office complex, in a deal brokered by Rustler Romania.
  • Kalenda, a Romanian furniture and home décor retailer with nationwide presence, is expanding its operations by leasing 2,500 sqm at Industra Park Iași, a logistics park owned and managed by Oresa Industra.
  • CurryLab, a new dining concept by the owners of IndianTaste, has signed a lease for more than 150 sqm on the ground floor of the NEFRYT residential building in Warsaw. The brand’s fourth location in the city is scheduled to open this summer at SOHO by Yareal.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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