ARTICLES LABELLED WITH TAG romania
25
Nov
2024
Nov
2024
Romania’s main retail street records 9% rent growth
Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.
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21
Nov
2024
Nov
2024
Romania’s property sector could use a smaller VAT for renovations
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
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21
Nov
2024
Nov
2024
Anchor Grup starts to deliver apartments in Bucharest project
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase.
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20
Nov
2024
Nov
2024
Bucharest-Ilfov sees fewer homes delivered in 2024
Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.
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19
Nov
2024
Nov
2024
Hyatt Regency brand enters Romania over regional push
Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.
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19
Nov
2024
Nov
2024
Nhood to support international expansion of Spartan Restaurant
Nhood Services Romania has been selected to support the international expansion of the Romanian restaurant chain Spartan.
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18
Nov
2024
Nov
2024
Wallberg secures funding for resi project in Timișoara
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
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18
Nov
2024
Nov
2024
Property investments in Romania soar to €655 million over nine months
Romania’s property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
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14
Nov
2024
Nov
2024
Industrial demand in Romania falls 20% on nine months
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
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14
Nov
2024
Nov
2024
Iulius has over 500,000 sqm certified under LEED standard
Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
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Latest news
- FedEx opens new logistics hub in Košice, Slovakia
- ADR Nord-Est joins EastGate as Institutional Partner
- Hines sells Warsaw office building
- WING to build KPMG's new Budapest HQ in rare single-tenant deal
- Shopping centre in Opole gets 11,000 sqm expansion
- Lion’s Head Romania targets 2026 for first logistics delivery
- Łódź resi project nears completion near new city centre
- GTC completes office building in Budapest
- Tatra Asset Management enters Slovak rental housing scheme
- Future-ready your industry. With light.
New leases
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
- Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
