ARTICLES LABELLED WITH TAG Romania

News Bucharest might not see new office deliveries in 2024
07
Feb
2023

Bucharest might not see new office deliveries in 2024

by Property Forum
While around 100,000 sqm of new office space is expected in Bucharest this year, no new project is slated for delivery in 2024 which would move the city into a landlord’s office market, according to Colliers. 
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News Speedwell to install PV panels on offices in Romania
07
Feb
2023

Speedwell to install PV panels on offices in Romania

by Property Forum
Property developer Speedwell says it will be installing photovoltaic panels on two of its office projects in Bucharest and Cluj-Napoca in a bid to make its building more sustainable. 
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News Prime yields to remain under upside pressure in Romania
03
Feb
2023

Prime yields to remain under upside pressure in Romania

by Property Forum
Price and yield moves on the Romanian property market will be influenced in the near future by both the availability and the cost of capital, while the overall volume of deals is likely to fall this year after reaching a 15-year high during 2022, suggest Colliers’ consultants. 
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News Industrial deliveries in Romania to exceed 500,000 sqm in 2023
02
Feb
2023

Industrial deliveries in Romania to exceed 500,000 sqm in 2023

by Property Forum
The volume of industrial and logistics projects slated for delivery in Romania this year will reach at least 510,000 sqm, compared with 875,000 sqm in 2022, according to data from JLL Romania. 
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News Bright Spaces names new Regional Manager
02
Feb
2023

Bright Spaces names new Regional Manager

by Property Forum
Romanian proptech company BrightSpaces has appointed Mike Hapoianu as MENA Regional Manager as part of the firm’s expansion strategy. 
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News Pedro Construct completes office building in Bucharest
02
Feb
2023

Pedro Construct completes office building in Bucharest

by Property Forum
Romanian developer Pedro Construct has completed a new office building spanning 9,500 sqm in Bucharest following an investment of around €18 million.  
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News Bucharest office demand up 10% year-on-year
01
Feb
2023

Bucharest office demand up 10% year-on-year

by Property Forum
New demand in Bucharest's office market (new leases, pre-leases and relocations from non-competitive stock) had a share of 57% or 185,000 sqm of the total office take-up in 2022. Demand itself was up 10% year-on-year, according to a study by real estate consultancy Cushman & Wakefield Echinox. 
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News Large companies in Romania expect low office presence in 2023
31
Jan
2023

Large companies in Romania expect low office presence in 2023

by Property Forum
Currently, more than 80% of employers in Romania have less than half of their employees in the office on a normal working day, according to a survey conducted by Colliers among 75 companies whose headcount ranges from several dozen to hundreds of employees. 
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News Nusco Imobiliara names new Development Director
31
Jan
2023

Nusco Imobiliara names new Development Director

by Property Forum
Property developer Nusco Imobiliara has appointed Sorin Dumitrașcu as Development Director, tasked with overseeing the company’s development operations for all its projects. 
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News Globalworth secures 47 ESG certifications for Romanian portfolio
31
Jan
2023

Globalworth secures 47 ESG certifications for Romanian portfolio

by Property Forum
Real estate group Globalworth has received 47 ESG-related certifications for its Romanian portfolio during 2022. One of the highlights in terms of sustainability was the scoring achieved at Globalworth Square, which got a BREEAM Outstanding accreditation, with a 99% scoring.
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Latest news


New leases

  • IMSAT, a company that offers integrated engineering, electrical, automation, and industrial technology solutions, has expanded its office space, within Bucharest-based The Bridge office building, to 3,800 sqm. The deal was brokered by Cushman & Wakefield Echinox.
  • 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.

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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