ARTICLES LABELLED WITH TAG romania

News - Retail sales in Romania reach €36 billion in 2023
02
Jul
2024

Retail sales in Romania reach €36 billion in 2023

by Property Forum
Romanians have spent €36 billion in large retail chains during 2023, an amount 11% higher compared with 2022, according to a Cushman & Wakefield report. Of the total amount, FMCG had a share of more than 60%.
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News - Transilvania Construcții sees higher demand for offices in industrial projects
02
Jul
2024

Transilvania Construcții sees higher demand for offices in industrial projects

by Property Forum
Romanian developer Transilvania Construcții is recording a 45% increase in the demand for offices within its industrial portfolio in Romania.
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News - CEE's nearshoring trend is making its mark in Romania
02
Jul
2024

CEE's nearshoring trend is making its mark in Romania

by Ovidiu Nicolae
Sorin Preda, CEO and Founder of Global Vision, talked to Property Forum about the company’s ongoing industrial developments in Romania, the focus of investments in large cities and the future of development marked by the regional nearshoring trend.
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News - First villa project under Radisson brand to open in Romania
01
Jul
2024

First villa project under Radisson brand to open in Romania

by Property Forum
Grand Development, founded by Romanian entrepreneur Ionuț Nicolescu, has closed a partnership with Radisson Hotel Group for the opening of its first five-star villas resort in Romania, near Brașov.
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News - Industrial rents are expected to continue to increase
27
Jun
2024

Industrial rents are expected to continue to increase

by Ovidiu Nicolae
Gijs Klomp, Business Development Manager at WDP Romania, talked to Property Forum about the company’s more than €90 million development pipeline on the local market and the outlook of the industrial sector on rents and new demand.
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News - We Rent Communities expands Bucharest portfolio
27
Jun
2024

We Rent Communities expands Bucharest portfolio

by Property Forum
Built-to-Rent specialised investor We Rent Communities has completed a new residential building with 81 apartments for rent in Bucharest. The development has a gross value of more than €15 million.
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News - Investors in northern Bucharest go for 2-bedroom apartments
26
Jun
2024

Investors in northern Bucharest go for 2-bedroom apartments

by Property Forum
The northern part of Bucharest is popular among investors due to the attractive yields that can be generated by residential projects.
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News - SEE construction sector could reach new peak by 2026
26
Jun
2024

SEE construction sector could reach new peak by 2026

by Property Forum
The construction industry in SEE-based countries is in the recovery phase and could reach a new peak by 2026, while some countries in Eastern Europe have cooling activity in this sector, according to a report by the Eastern European Construction Forecasting Association (EECFA).
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News - CBRE Romania gets leasing mandate for H Știrbei Palace
25
Jun
2024

CBRE Romania gets leasing mandate for H Știrbei Palace

by Property Forum
CBRE Romania will get involved in the leasing strategy of H Știrbei Palace, a new shopping gallery for luxury brands developed by Hagag Development Europe in central Bucharest.
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News - Office and industrial headline rents show upward trend
25
Jun
2024

Office and industrial headline rents show upward trend

by Ovidiu Nicolae
Ema Iftimie, Managing Director at Globalworth Romania, spoke with Property Forum about the group’s office pipeline in Romania and the plans for the existing commercial portfolio that has been completed following an investment of more than €900 million.
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Latest news


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.

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