ARTICLES LABELLED WITH TAG Romania

News Nusco Imobiliara names Bogdan Iliescu as Commercial Director
15
Nov
2022

Nusco Imobiliara names Bogdan Iliescu as Commercial Director

by Property Forum
Residential and commercial developer Nusco Imobiliara has appointed Bogdan Iliescu as Commercial Director. He has over 15 years’ worth of experience in the real estate market and has previously covered sales, coordination, and management roles in property companies. 
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News STC Partners starts construction of Bucharest apartments
15
Nov
2022

STC Partners starts construction of Bucharest apartments

by Property Forum
Romanian developer STC Partners has started the construction of the first phase of the Quartier Azuga residential complex in Bucharest. 
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News Flex work operators support return of employees to offices
15
Nov
2022

Flex work operators support return of employees to offices

by Property Forum
Flexible workspace operators and investments in amenities are boosting the efforts of companies and developers to accelerate the return of employees to office buildings, although hybrid work arrangements remain in high demand, concluded speakers in the post-pandemic office panel of SEE Property Forum 2022, held in Bucharest.
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News Income-producing properties in Romania see growing investments
14
Nov
2022

Income-producing properties in Romania see growing investments

by Property Forum
Income-producing properties are becoming an increasingly appreciated option for Romanian or foreign private investors who have previously been mainly active in the residential sector, according to real estate consultancy Cushman & Wakefield Echinox. 
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News Villar Group invests €50 million in Romanian logistics parks
10
Nov
2022

Villar Group invests €50 million in Romanian logistics parks

by Property Forum
Villar Group, a company listed on the Tel Aviv Stock Exchange, has under development 100,000 sqm of prime logistics space based on an investment budget of €50 million. 
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News Bucharest remains among most cost-efficient office markets in CEE
10
Nov
2022

Bucharest remains among most cost-efficient office markets in CEE

by Property Forum
Prime headline rents in Bucharest continued to increase in the third quarter, reaching a monthly level of €19.5 per sqm, compared with €18.5 per sqm at the beginning of the year. However, the capital city remains among the less expensive destinations in Europe in terms of office occupancy costs. 
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News Forty Management fully sells Bucharest resi project
09
Nov
2022

Forty Management fully sells Bucharest resi project

by Property Forum
Romanian developer Forty Management has sold out the Central District Viitorului 134 residential project, one month before construction completion. The Bucharest-based complex has a gross development value of €12.8 million without VAT. 
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News Property investment in Romania at €330 million in Q3 2022
09
Nov
2022

Property investment in Romania at €330 million in Q3 2022

by Property Forum
The volume of investment in Romania’s commercial property sector reached €330 million in Q3 2022 and €667 million in the first nine months, while in the first three quarters of 2021 the investment market stood at around €550 million, according to Colliers. 
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News Resi developers in Romania focus on the 15-minute city
08
Nov
2022

Resi developers in Romania focus on the 15-minute city

by Property Forum
Homes buyers in Romania are increasingly asking for the 15-minute city, while prices of apartments will fall only in specific cases, concluded speakers of the residential market panel during SEE Property Forum 2022, which took place in Bucharest.
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News Romanian resi market records price drop in Q3 2022
04
Nov
2022

Romanian resi market records price drop in Q3 2022

by Property Forum
Prices of homes in Romania fell by an average of 1.8% in Q3 2022 compared to Q2 2022, although in large regional cities such as Timișoara, Brașov and Iași the prices continued to grow in this period, according to property platform Imobiliare.ro. 
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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