ARTICLES LABELLED WITH TAG romania
22
Jan
2024
Jan
2024
Average property deal in Romania at €21.5 million in 2023
While the total investment volume in Romania’s commercial property sector fell by around 60% to around €500 million in 2023 year-on-year, the average transaction amounted to €21.5 million of the 23 investment deals tracked by Crosspoint Real Estate.
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22
Jan
2024
Jan
2024
Petre Niculae invests €40 million in Bucharest resi project
Romanian entrepreneur Petre Niculae, the owner of several construction and real estate companies, has recently started the construction of a new residential complex in Bucharest that will feature 750 apartments.
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19
Jan
2024
Jan
2024
Hagag drops office purchase in Bucharest
Hagag Development Europe has withdrawn from negotiations with SNC-Lavalin for the purchase of an office building in Bucharest, in a deal estimated to have reached over €8 million.
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18
Jan
2024
Jan
2024
Property investments in Romania could hover around €500 million in 2024
The investments transaction market in Romania totaled around €500 million in 2023, down from a record of more than €1.2 billion in the previous year, in line with lower deal volumes that have been recorded across region and the major international markets, according to a Colliers Romania report.
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18
Jan
2024
Jan
2024
Transilvania Construcții delivers logistics park in Bacău
Romanian developer Transilvania Construcții has completed a new logistics park spanning close to 25,000 sqm in Bacău. With this newly delivered project, the company’s industrial and logistics portfolio has reached 250,000 sqm.
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17
Jan
2024
Jan
2024
Forte Partners gets LEED certification for Bucharest office
Romanian developer Forte Partners has obtained the LEED v4 Platinum certification for its U•Center 2 office building based in Bucharest.
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16
Jan
2024
Jan
2024
Mortgage costs in Romania rank among most accessible in EU
Home buyers in Romania have among the lowest instalment payments for mortgages across the EU, according to a SVN Romania report.
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11
Jan
2024
Jan
2024
Property investors look to expand Romanian portfolios
The Romanian property market remains attractive for investments, with 65% of investors surveyed by Cushman & Wakefield Echinox saying they are looking to expand their presence in the local market.
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11
Jan
2024
Jan
2024
Commercial land deals fall in Romania during 2023
The volume of commercial land sales in Romania excluding the industrial segment fell by less than 10% to €450 million during 2023 compared to the previous year, according to a Colliers report.
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09
Jan
2024
Jan
2024
Edelstein Group starts resi project in Cluj-Napoca
Edelstein Group has started the development of a new residential complex in Cluj-Napoca that will be completed in three phases following an investment of €60 million.
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Latest news
- Warsaw office market starts 2026 with limited construction
- Development JV buys large land plot in Prague
- CTP signs 25,000 sqm Metro lease at Sofia West park
- Polish office market grapples with increasing fit-out costs
- Hungary on the map again: Join our free webinar
- Czech industrial market hits demand-lease balance for first time in years
- New office deliveries in Warsaw top 40,000 sqm in Q1 2026
- GTC secures €149 million refinancing for German resi assets
- Bucharest office fit-out, among the most affordable in CEE
- Echo Investment marks 30 years on the Warsaw Stock Exchange
New leases
- Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
- EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
- IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.
New appointments
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
