ARTICLES LABELLED WITH TAG romania

News - Amber Forest gets LEED Community Platinum Precertification
15
Sep
2023

Amber Forest gets LEED Community Platinum Precertification

by Property Forum
Alesonor has achieved the LEED Community Platinum Precertification for Amber Forest complete suburb, which is under development near Bucharest. This has become the fourth project in Europe obtaining the Platinum precertification from the U.S. Green Building Council (USGBC). 
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News - CTPark Arad West reaches 40% lease rate
15
Sep
2023

CTPark Arad West reaches 40% lease rate

by Property Forum
Industrial developer CTP says its new CTPark Arad West project has already reached a 40% pre-lease, with delivery slated for Q1 2024. 
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News - Iulius prepares €810 million investment in Constanța
14
Sep
2023

Iulius prepares €810 million investment in Constanța

by Property Forum
Romanian developer Iulius has signed a partnership with Oil Terminal, a public company owned by the state, for the urban regeneration of a 38-hectare land plot in Constanța. Iulius plans to invest more than €810 million in a large mixed-use scheme. 
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News - Land in central Bucharest sells for €5 million
13
Sep
2023

Land in central Bucharest sells for €5 million

by Property Forum
Pharmaceutical company Biofarm has sold a plot of land close to Victoriei Square in Bucharest for around €5 million. The land spanning 2,176 sqm, which used to host an industrial facility, was taken over by Romanian company Iancu de Hunedoara Residence SRL. The deal was brokered by Crosspoint Real Estate. 
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News - PPF Real Estate adds solar systems to Bucharest offices
13
Sep
2023

PPF Real Estate adds solar systems to Bucharest offices

by Property Forum
PPF Real Estate’s two office buildings in central Bucharest, Crystal Tower and Metropolis, are now running partially on solar power following the installation of photovoltaic panels on their rooftops. 
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News - Oregon Park in Bucharest secures Well Health & Safety certification
12
Sep
2023

Oregon Park in Bucharest secures Well Health & Safety certification

by Property Forum
Bucharest-based office project Oregon Park, owned by Lion's Head investment fund, has achieved the Well Health & Safety certification, granted by The International WELL Building Institute (IWBI). 
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News - Property investments in Romania total €168 million in H1 2023
12
Sep
2023

Property investments in Romania total €168 million in H1 2023

by Property Forum
Commercial property investment amounted to €168 million in H1 2023, roughly half compared to last year, with industrial and logistics accounting for the biggest share of the transaction volumes. 
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News - UniCredit extends large lease in Bucharest office building
12
Sep
2023

UniCredit extends large lease in Bucharest office building

by Property Forum
UniCredit Romania has inked a deal with Globalworth for the extension of its lease agreement in the UniCredit HQ building by 2030. The bank has been occupying the building with a leasable area of 17,400 sqm since its opening in 2012. 
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News - Land deals in Romania at €250 million in H1 2023
08
Sep
2023

Land deals in Romania at €250 million in H1 2023

by Property Forum
The land market in Romania recorded transactions with a combined value of around €250 million in H1 2023, driven by increasing demand in the retail and residential segments.  
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News - iO Partners announces Office Advisory promotions in Romania
07
Sep
2023

iO Partners announces Office Advisory promotions in Romania

by Property Forum
iO Partners, a JLL preferred partner, has announced two key promotions in the Office Advisory Department. Maria Florea has been appointed as the Head of Office Advisory Department and Claudia Cetățoiu has been promoted to the role of Corporate Transaction Director within the same unit. 
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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