ARTICLES LABELLED WITH TAG Romania

News Property investment in Romania could reach €900 million in 2023
12
Apr
2023

Property investment in Romania could reach €900 million in 2023

by Property Forum
Commercial property investments in Romania could hover between €700 and €900 million in 2023, slightly below the average of recent years, with new deals set to be driven by industrial and office projects, according to JLL.
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News P3 Logistic Parks inks lease deals for 20,500 sqm near Bucharest
12
Apr
2023

P3 Logistic Parks inks lease deals for 20,500 sqm near Bucharest

by Property Forum
P3 Logistic Parks has announced the contract renewals and extensions for Logistic E Van Wijk and HOPI Logistics, which are some of the longest-standing tenants in the company’s portfolio. The two companies will occupy around 20,538 sqm of logistics spaces and offices within the park. 
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News Meta Estate Trust launches sales division
10
Apr
2023

Meta Estate Trust launches sales division

by Property Forum
Romanian real estate holding Meta Estate Trust has launched its own sales division under the Meta Homes brand in a bid to boost the promotion of its portfolio. The new division will also also handle the sale of residential units bought by the holding in the early phase projects. 
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News Vlad Stanislav named Managing Director of JLL in Romania
06
Apr
2023

Vlad Stanislav named Managing Director of JLL in Romania

by Property Forum
Vlad Stanislav has been named Managing Director of JLL in Romania, replacing Silviana Petre-Badea who held the position for the past seven years. He has over 22 years’ of experience in management and had previously held the role of Managing Director of Tetris Design & Build. 
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News Speedwell buys land near Bucharest
04
Apr
2023

Speedwell buys land near Bucharest

by Property Forum
Property developer Speedwell has purchased a new land plot of 15,000 sqm in Popești-Leordeni, near Bucharest, for its second light industrial project under the SpacePlus brand. 
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News Belvedere Residence commercial gallery in Bucharest sold
04
Apr
2023

Belvedere Residence commercial gallery in Bucharest sold

by Property Forum
The developers of Belvedere Residence in northern Bucharest sold the commercial gallery on the ground floor of the residential buildings within the complex to a private investor for an undisclosed sum. 
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News One United Properties exits office project in Bucharest
04
Apr
2023

One United Properties exits office project in Bucharest

by Property Forum
Romanian developer One United Properties has sold its stake in the company owning the One Herăstrău Office building to a private investor.
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News Property owners in Romania have high sustainability expectations
03
Apr
2023

Property owners in Romania have high sustainability expectations

by Property Forum
Investors and tenants in Romania appear to have higher expectations regarding the environmental characteristics of the building than their counterparts in other countries, according to a survey by CBRE of 20 building owners in Romania. 
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News Office fit-out costs in Romania up by 30% in 2022
30
Mar
2023

Office fit-out costs in Romania up by 30% in 2022

by Property Forum
The average office fit-out costs in Romania rose by around 20-30% in 2022 due to a combination of supply chain pressures and higher materials’ costs, which saw companies paying an average of €820 per sqm of office space, according to real estate consultancy Cushman & Wakefield Echinox. 
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News CTP buys three industrial parks in Romania
30
Mar
2023

CTP buys three industrial parks in Romania

by Property Forum
CTP has purchased three industrial parks in three Romanian cities from FM Logistic, a French supply chain services company, for an undisclosed sum.  
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Latest news


New leases

  • AutoWallis Group, the automotive retail and mobility service provider, has leased 5,600 sqm for its new HQ in the mixed-use Liberty complex, developed by Wing in Budapest.
  • Langowski Logistics, a TFL company, has extended its lease of warehouse space at the Central European Logistics Hub, where it occupies 8,000 sqm. Langowski Logistics was represented during the lease renegotiation by real estate advisory firm Newmark Polska.
  • Helly Hansen has leased 150 sqm for its first Romanian store in Promenada Mall, owned by NEPI Rockcastle.

New appointments

  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.

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