ARTICLES LABELLED WITH TAG romania

News - Leroy Merlin leases 21,000 sqm of retail space in Bucharest
12
Mar
2024

Leroy Merlin leases 21,000 sqm of retail space in Bucharest

by Property Forum
DIY retailer Leroy Merlin has leased two retail spaces in Bucharest with a combined area of 21,000 sqm from the Supernova Group, in a deal brokered by Cushman & Wakefield Echinox.
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News - CTP names new Business Development Director in Romania
11
Mar
2024

CTP names new Business Development Director in Romania

by Property Forum
Industrial developer CTP has appointed Andrei Brînzea as Business Development Director in Romania as part of its growth strategy in the country.
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News - Sublease office stock in Bucharest at 67,400 sqm in 2023
07
Mar
2024

Sublease office stock in Bucharest at 67,400 sqm in 2023

by Property Forum
The office stock in Bucharest’s sublease niche totaled 67,400 sqm in 2023, while new transactions in this segment amounted to 5,856 sqm, according to an iO Partners report.
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News - Danubiu Enterprises to start retail investment near Bucharest
07
Mar
2024

Danubiu Enterprises to start retail investment near Bucharest

by Property Forum
Danbuiu Enterprises will start in Q2 2024 the development of A1 Shopping Center, a new retail project near Bucharest that will have a value over €10 million. The project is slated for completion in Q3 2025 and will target wholesale and cash & carry retailers.
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News - First ibis Styles hotel to open on Romanian seaside
05
Mar
2024

First ibis Styles hotel to open on Romanian seaside

by Property Forum
The first Ibis Styles hotel will open on the Romanian seaside this summer following a franchise agreement signed by Accor and Paradis Hotels & Resort, a company owned by Romanian entrepreneur Aurelian Marin.
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News - AFI Europe names new Head of Residential Division in Romania
05
Mar
2024

AFI Europe names new Head of Residential Division in Romania

by Property Forum
AFI Europe has appointed Luciana Giurea as the new Head of the Residential Division, tasked with overseeing all residential real estate projects – for rent or sale – in Romania. She will also drive the development of the division within the company.
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News - Retailer La Cocoș expands in Brașov
05
Mar
2024

Retailer La Cocoș expands in Brașov

by Property Forum
Local retail chain operator La Cocoș has opened its fourth hypermarket in Brașov. The company has leased 10,000 sqm for the new unit in the Brintex complex, in a deal brokered by Cushman & Wakefield Echinox.
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News - What major trends shape home affordability in Romania?
05
Mar
2024

What major trends shape home affordability in Romania?

by Property Forum
Falling interest rates and higher incomes of Romanians coupled with increasing attractiveness of residential renting will drive the home affordability index, according to research by the Eastern European Construction Forecasting Association (EECFA).
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News - Impact Developer & Contractor records 59% fall in profit during 2023
01
Mar
2024

Impact Developer & Contractor records 59% fall in profit during 2023

by Property Forum
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
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News - Repaco Capital kicks off retail park development near Bucharest
29
Feb
2024

Repaco Capital kicks off retail park development near Bucharest

by Property Forum
Repaco Capital has started the construction of Crevedia Retail Park that will be completed in H2 2024 near Bucharest following an investment of €15 million. The project has a leasable area of 12,000 sqm and has already reached an occupancy rate of 80%.
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Latest news


New leases

  • Poland’s largest residential developer, Dom Development, has finalised a lease extension and significant expansion at the Metropolitan Warszawa building. Under the new agreement, the firm will occupy more than 4,000 sqm of office space. JLL represented the tenant throughout the negotiations.
  • CTP has signed a lease agreement with Fabi Total Grup. The Romanian company, which specialises in the production and storage of professional cleaning agents, has taken approximately 4,700 sqm at CTPark Bucharest South.
  • The DigestMed medical centre, specialising in gastroenterology services, has opened a clinic spanning over 675 sqm within the Bucharest-based London Office Building, part of the EVO Properties multifunctional hub, following an investment of €1.5 million.

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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