ARTICLES LABELLED WITH TAG romania
14
Aug
2024
Aug
2024
HILS Development posts 28% resi sales growth in H1 2024
Romanian developer HILS Development has announced a 28% increase in residential sales during H1 2024 compared to the same period of last year, while revenue was up 25% year-on-year.
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12
Aug
2024
Aug
2024
Bucharest mayor to issue traffic permits for new property developments
Bucharest’s Mayor Nicușor Dan has announced that he will be tasked with issuing traffic permits for new Urban Zoning Plans (PUZ), Urban Developing Plans (PUD) and construction authorizations.
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09
Aug
2024
Aug
2024
Investment in Romania's regional cities shows upward trend
Lavinia Ioniță Rasmussen, Partner at NNDKP’s Real Estate practice, spoke with Property Forum about the acceleration of commercial and residential development in regional cities and the potential of the local market to offer higher returns for property investors compared to other countries in the region.
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08
Aug
2024
Aug
2024
Romania ranks third in CEE on commercial investments H1 2024
Romania’s commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox.
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07
Aug
2024
Aug
2024
Romania ranks among cheapest resi markets in Europe
The average price of new homes in Romania amounted to €1,504 per sqm in 2023, which was the third lowest price in Europe, behind Bosnia and Herzegovina and Greece, according to a Deloitte report.
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07
Aug
2024
Aug
2024
Bucharest’s short-term rental industry totals €24 million in H1 2024
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
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07
Aug
2024
Aug
2024
One United Properties posts slight growth of resi sales in H1 2024
Romanian developer One United Properties says its volume of sold and pre-sold residential units, parking spaces and commercial spaces amounted to around €123.8 million during H1 2024. This result is up by 2.5% compared to the same period of last year.
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06
Aug
2024
Aug
2024
Hili Properties buys remaining stake in Bucharest office building
Hili Properties, the real estate arm of Hili Ventures, has successfully secured the remaining 25% shareholding of the company which owns the MIRO office building in northern Bucharest.
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05
Aug
2024
Aug
2024
Traditional property investors are turning to renewable energy
Roxana Frățilă, Partner, Head of Real Estate & Construction at CMS, spoke to Property Forum about the key deals closed in the retail market in 2023 and accelerating investment in renewable energy.
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05
Aug
2024
Aug
2024
iO Partners completes development management for solar farm in Romania
iO Partners has provided development management services for a 126 MW solar farm in Văcărești locality, Dâmbovița County.
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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.
