ARTICLES LABELLED WITH TAG Romania

News - Kempinki Hotels to start first project in Romania
05
Dec
2023

Kempinki Hotels to start first project in Romania

by Property Forum
Kempinski Hotels unveiled plans for its first 5-star hotel in Romania that will be developed in the Poiana Brașov mountain resort.
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News - FAN Courier leases 10,000 sqm in VGP Park Arad
05
Dec
2023

FAN Courier leases 10,000 sqm in VGP Park Arad

by Property Forum
Industrial and logistics developer VGP has leased 10,000 sqm in VGP Park Arad project to Romanian courier company FAN Courier. Following the latest lease deal, the industrial project has reached full occupancy for its first building.
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News - Groupe Atlantic to open plant in PWP Bucharest North
05
Dec
2023

Groupe Atlantic to open plant in PWP Bucharest North

by Property Forum
French HVAC supplier Groupe Atlantic will open its first Romanian manufacturing plant within the PWP Bucharest North project owned by Alinso in Ploiești. The group will invest around €60 million in the new facility that will be developed on a land plot of 145,000 sqm.
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News - Nusco Imobiliara sells 30% of homes in Bucharest project
05
Dec
2023

Nusco Imobiliara sells 30% of homes in Bucharest project

by Property Forum
Nusco Imobiliara has already sold 30% of the residential units comprising the second phase of urban regeneration project Nusco City, based in northern Bucharest.
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News - Topband Smart Europe inaugurates plant in CTPark Timișoara
04
Dec
2023

Topband Smart Europe inaugurates plant in CTPark Timișoara

by Property Forum
Topband Smart Europe, a Chinese maker of controllers for power tools, home appliances and BMS, has inaugurated its production capacity for the European market in CTPark Timișoara.
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News - HILS Development to start large mixed-use project in Bucharest
28
Nov
2023

HILS Development to start large mixed-use project in Bucharest

by Property Forum
Romanian developer HILS Development has announced the launch of a new mixed-use scheme in Bucharest that will include residential, office and retail components that will cover 180,000 sqm.
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News - Bucharest office leasing up 46% by Q3 2023
28
Nov
2023

Bucharest office leasing up 46% by Q3 2023

by Property Forum
The office leasing activity in Bucharest totaled 292,000 sqm in the first three quarters of 2023, up by 46% compared to the same period of last year, according to iO Partners data.
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News - Bucharest street ranked 50 out of most expensive retail locations in Europe
24
Nov
2023

Bucharest street ranked 50 out of most expensive retail locations in Europe

by Property Forum
Bucharest-based Calea Victoriei is the 50th most expensive main retail street out of 57 locations based in Europe, according to a Cushman & Wakefield report. On this ranking, Bucharest is behind Ljubljana, with a monthly rent of €55 per sqm.
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News - Accor and Construcții Erbașu expand hotel deal in Romania
24
Nov
2023

Accor and Construcții Erbașu expand hotel deal in Romania

by Property Forum
Hospitality group Accor and Romanian construction firm Construcții Erbașu have signed hotel management agreements for two new hotels in Bucharest and Oradea. The companies have also extended the current management agreement for ibis Styles Bucharest Erbas.
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News - Resi sales decline in Bucharest eases in Q3 2023
21
Nov
2023

Resi sales decline in Bucharest eases in Q3 2023

by Property Forum
Residential sales in the Bucharest and Ilfov area were only 3.8% smaller in Q3 2023 than those registered in Q3 2022, which was a record year, according to a SVN Romania report.
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Latest news


New leases

  • The owners of the luxury patisserie chain DESEO Patisserie & Chocolaterie have extended their long-term lease at the Vis à Vis Wilanów retail park. The company occupies 93 sqm of stylishly arranged space within the building.
  • Funky Buddha, an international fashion brand part of the ALTEX S.A. group, is continuing its expansion into the Romanian market with the inauguration of its first store outside Bucharest, located in Iulius Town Timișoara. The new location, situated on the ground floor of the complex, marks the brand's second physical presence in the country.
  • HalfPrice has leased close to 1,600 sqm for a new store at M1 Radom centre, managed by EPP. CCC will also spend further years with M1, having renewed its lease agreement. The total area covered by the new and extended contracts exceeds 2,100 sqm.

New appointments

  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.
  • Peakside Capital Advisors is strengthening its Polish structure, expanding its expertise in investment management and development project execution. Łukasz Meisner has joined the team as Head of Project Management. He will be responsible for the comprehensive management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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