ARTICLES LABELLED WITH TAG Romania

News - Hyatt looks to develop its first hotel in Romania
09
Nov
2023

Hyatt looks to develop its first hotel in Romania

by Property Forum
Luxury hospitality group Hyatt is planning the development of its first hotel in Romania as part of its expansion into CEE. The company is looking to develop an upper scale hotel in Bucharest with around 200 rooms.
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News - Mixed-use schemes help companies retain talent
09
Nov
2023

Mixed-use schemes help companies retain talent

by Property Forum
Despite a challenging financing environment, mixed-use developments are gaining ground in Romania as they provide a better mix of facilities for end–users and tenants, concluded speakers of the mixed-use panel of SEE Property Forum 2023, held in Bucharest recently.
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News - Bucharest sees high demand for private student housing
07
Nov
2023

Bucharest sees high demand for private student housing

by Property Forum
There is a high demand for private accommodation in Bucharest, offering students modern and flexible accommodation options, with the current supply covering less than half of the actual requirements, according to Colliers data.
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News - PlanRadar names Regional Manager in Romania
07
Nov
2023

PlanRadar names Regional Manager in Romania

by Property Forum
Alina Turcu has been appointed as the Regional Manager of PlanRadar in Romania. She has previously worked in the sales team of the company locally.
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News - Globalworth names new Managing Director in Romania
07
Nov
2023

Globalworth names new Managing Director in Romania

by Property Forum
Office investor Globalworth has appointed Ema Iftimie as Managing Director for its real estate operations in Romania, replacing Marian Popa, who will step down as of December 1st.
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News - Resi prices expected to grow in Romania next year
07
Nov
2023

Resi prices expected to grow in Romania next year

by Property Forum
The increase of VAT to 9% will lead to a price increase, while buyers have a growing interest in green homes, concluded speakers of the residential panel of SEE Property Forum 2023, held in Bucharest recently.
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News - One United Properties to develop office building in Bucharest for Infineon
06
Nov
2023

One United Properties to develop office building in Bucharest for Infineon

by Property Forum
Romanian developer One United Properties has signed a deal with German semiconductors maker Infineon Technologies for the development of a prime office building in northern Bucharest.  
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News - Commercial property investment in Romania at €62.4 million in Q3 2023
06
Nov
2023

Commercial property investment in Romania at €62.4 million in Q3 2023

by Property Forum
Total investment transactions in Romania’s commercial property sector stood at €62.4 million in Q3 2023, with 32% of the total volume represented by sale-and-leaseback transactions, according to a CBRE report.
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News - Average office lease size in Bucharest reaches 4-year high
06
Nov
2023

Average office lease size in Bucharest reaches 4-year high

by Property Forum
The average office transaction in the first nine months of 2023 stood at 1,810 sqm, which is the highest average of the past four years and close to the level of 1,900 sqm recorded in 2019, according to Cushman & Wakefield data.
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News - IMPACT completes PV park in Bucharest resi project
02
Nov
2023

IMPACT completes PV park in Bucharest resi project

by Property Forum
Romanian developer IMPACT Developer & Contractor has completed a photovoltaic park in its Bucharest-based Greenfield Băneasa residential project. The company has invested around €2.75 million in the project that has a total capacity of 700 kWp.
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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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