ARTICLES LABELLED WITH TAG Romania

News Mortgages loans in Romania up 29% in Q1 2024
09
May
2024

Mortgages loans in Romania up 29% in Q1 2024

by Property Forum
The volume of new mortgage loans amounted to €1.1 billion in Q1 2024, up by around 29% compared to the same period of last year, according to a report by SVN Romania | Credit & Financial Solutions.
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News Dealmaking to accelerate after interest rate cuts
08
May
2024

Dealmaking to accelerate after interest rate cuts

by Ovidiu Nicolae
More real estate deals will be closed once central banks start to cut interest rates, while Romania is still seeing investment geared towards sustainability in its commercial and residential sectors, concluded speakers of the dealmakers panel of Property Forum’s Spring Networking Party, held in Bucharest.
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News MetaWealth inks tokenization deal with One United Properties
07
May
2024

MetaWealth inks tokenization deal with One United Properties

by Property Forum
Fintech start-up MetaWealth has partnered with One United Properties in a €20-million framework agreement for rental apartments. In the first phase, MetaWealth will list on its platform 31 apartments developed in One Lake District, which have a total estimated investment value of €5.5 million. The fintech said that two more assets will be listed in the following 12 months.
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News Sustainability targets gain prominence in property financing
07
May
2024

Sustainability targets gain prominence in property financing

by Ovidiu Nicolae
Banks are starting to ask from the first stage about the sustainability targets of real estate projects, while EU rules are shaping the reporting framework, concluded speakers of the construction and property development panel of Property Forum’s Romania ESG Forum held in Bucharest.
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News Indotek Group concludes retail project revamp in Târgu Mureș
02
May
2024

Indotek Group concludes retail project revamp in Târgu Mureș

by Property Forum
Indotek Group has completed a large-scale revamping of its Plaza M retail project in Târgu Mureș. The company has invested €16 million in the renovation of the shopping complex prevously branded as Promenada Mall.
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News 108 Real Estate expands in Romania
30
Apr
2024

108 Real Estate expands in Romania

by Property Forum
Property consultancy 108 Real Estate has announced its expansion in Romania, where it will focus on the industrial segment.
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News Green homes’ value in Romania reaches close to €3 billion
29
Apr
2024

Green homes’ value in Romania reaches close to €3 billion

by Property Forum
Over 15,000 homes in Romania have received the green building certification between 2014 and 2024, and their combined value stands close to €3 billion, according to the Romania Green Building Council (RoGBC).
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News Prima Development makes large land purchase in Bucharest
29
Apr
2024

Prima Development makes large land purchase in Bucharest

by Property Forum
Prima Development Group has purchased a land plot spanning 6 hectares in northern Bucharest, where it plans to develop a large-scale residential project. The developer already owns another land plot of 5 hectares in the same area.
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News Prime Kapital opens shopping mall in Pitești
25
Apr
2024

Prime Kapital opens shopping mall in Pitești

by Property Forum
Real estate developer Prime Kapital has opened Argeș Mall, a new shopping centre spanning 77,000 sqm in Pitești.
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News Kinstellar advises House of Julius Meinl on Hotel Ambasador deal
25
Apr
2024

Kinstellar advises House of Julius Meinl on Hotel Ambasador deal

by Property Forum
Kinstellar has advised the hospitality division of the House of Julius Meinl on the completion of the purchase of the Hotel Ambasador, one of the most famous hotels in Bucharest. Operating continuously since 1937, it is an iconic landmark in the city. 
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Latest news


New leases

  • AGS Estate has joined the group of tenants at the .BIG office building, located in the southern part of Kraków. The company is operating in the nationwide real estate market, in the HoReCa sector. GS Estate has leased over 300 sqm of space for a new dining facility.
  • International IT company Sollers Consulting has moved its regional Kraków office to the Browar Lubicz complex. The new office will occupy more than 1,200 sqm of space.
  • Another brand is joining the ranks of new stores in the expanded Turawa Park retail park near Opole (southern Poland). The Tedi chain store will occupy a unit of about 920 sqm.

New appointments

  • Savills has announced significant changes and promotions within its investment advisory, valuation, communication, and marketing departments in Poland. Karina Szafrańska has been promoted to Head of Valuations and Małgorzata Lińska-Bator has been promoted to Director in the Investment Department. Additionally, Marta Kołodziejska has been appointed the new Head of Marketing & Communication.
  • Residential developer STC Partners has appointed Elena Palade as Sales Director, while Bogdan Băzărea is the new Technical Director of the company. Palade has over 10 years’ worth of experience in real estate sales, while Băzărea’s career spans more than 20 years.
  • At the beginning of July, Jesika Mackiewicz took the position of Business Manager of Warsaw projects at Matexi Poland. She will be responsible for development of the company portfolio of residential projects and land purchases.

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