ARTICLES LABELLED WITH TAG romania
07
Nov
2023
Nov
2023
Resi prices expected to grow in Romania next year
The increase of VAT to 9% will lead to a price increase, while buyers have a growing interest in green homes, concluded speakers of the residential panel of SEE Property Forum 2023, held in Bucharest recently.
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06
Nov
2023
Nov
2023
One United Properties to develop office building in Bucharest for Infineon
Romanian developer One United Properties has signed a deal with German semiconductors maker Infineon Technologies for the development of a prime office building in northern Bucharest.
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06
Nov
2023
Nov
2023
Commercial property investment in Romania at €62.4 million in Q3 2023
Total investment transactions in Romania’s commercial property sector stood at €62.4 million in Q3 2023, with 32% of the total volume represented by sale-and-leaseback transactions, according to a CBRE report.
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06
Nov
2023
Nov
2023
Average office lease size in Bucharest reaches 4-year high
The average office transaction in the first nine months of 2023 stood at 1,810 sqm, which is the highest average of the past four years and close to the level of 1,900 sqm recorded in 2019, according to Cushman & Wakefield data.
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02
Nov
2023
Nov
2023
IMPACT completes PV park in Bucharest resi project
Romanian developer IMPACT Developer & Contractor has completed a photovoltaic park in its Bucharest-based Greenfield Băneasa residential project. The company has invested around €2.75 million in the project that has a total capacity of 700 kWp.
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02
Nov
2023
Nov
2023
More real estate projects slated for sale in Romania during 2024
Investors and bankers are interested in closing deals in the Romanian commercial property sector and we might see more projects with bigger discounts next year, concluded speakers of the transactions panel of SEE Property Forum 2023, held in Bucharest recently.
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31
Oct
2023
Oct
2023
Hagag Development Europe starts its first retail project in Bucharest
Hagag Development Europe has kicked off the construction works for the consolidation and repurposing of Știrbei Palace on Calea Victoriei. The building will be transformed into H Știrbei Palace, the company's first retail project in Bucharest.
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30
Oct
2023
Oct
2023
Ahold Delhaize takes over Profi supermarket chain in Romania
Food retailer Ahold Delhaize, the owner of the Mega Image supermarket chain in Romania, has purchased the Profi supermarket chain from MidEuropa private equity fund, in a deal worth €1.3 billion.
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26
Oct
2023
Oct
2023
Automotive drives 10-year industrial demand in Romania
The automotive industry had a share of 56% of the total demand for production spaces in industrial projects between 2013 and H1 2023, according to CBRE data.
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26
Oct
2023
Oct
2023
Investors look to diversify in CEE markets
Real estate investments continue despite the slowdown of the economy, with offices and industrial mentioned as some of the segments seeing increased demand and higher deal volumes, concluded speakers of the 2024 outlook panel hosted at the SEE Property Forum 2023 conference in Bucharest.
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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.
