ARTICLES LABELLED WITH TAG romania

News - Bucharest office rents up 16% over 12 months
31
Aug
2023

Bucharest office rents up 16% over 12 months

by Property Forum
Office rents in Bucharest rose by up to 15.8% in the 12 months to June 2023, with the highest prices recorded in the CBD area of the city, according to a report by Cushman & Wakefield Echinox. 
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News - Speedwell gets BREEAM Excellent for resi project in Bucharest
30
Aug
2023

Speedwell gets BREEAM Excellent for resi project in Bucharest

by Property Forum
Speedwell obtained the BREEAM Excellent Certification for the first building in The Ivy residential complex under development in northern Bucharest.
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News - Mortgage loans in Romania up 10% in H1 2023
30
Aug
2023

Mortgage loans in Romania up 10% in H1 2023

by Property Forum
The volume of new mortgage loans in Romania rose by 10.2% to 2.5 billion lei (€506 million) in H1 2023 compared to the same period of last year, of which refinancing operations had a 25% share, according to a report by SVN Romania | Credit & Financial Solutions. 
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News - Retail deliveries in Romania to count 22 new projects in 2023
29
Aug
2023

Retail deliveries in Romania to count 22 new projects in 2023

by Property Forum
Bucharest is the largest retail market in Romania with a total stock of 1.24 million sqm in operational projects, while across the country Timișoara has the biggest volume of shopping centres and retail parks of all regional cities. 
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News - Globalworth completes solar plant in Oradea warehouse
29
Aug
2023

Globalworth completes solar plant in Oradea warehouse

by Property Forum
Globalworth, the developer of office and industrial projects in Romania, has completed a solar plant installation on the rooftop of its Industrial Park West in Oradea.
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News - One United Properties net profit up 13% in H1 2023
29
Aug
2023

One United Properties net profit up 13% in H1 2023

by Property Forum
Romanian developer One United Properties has recorded a net profit of €52.8 million in H1 2023, up 13% compared to the same period of last year, while the turnover rose by 26% to €171 million in the same interval.
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News - Gen Z wants meaningful, flexible, and comfortable workplaces
25
Aug
2023

Gen Z wants meaningful, flexible, and comfortable workplaces

by Property Forum
The workforce is changing, and Generation Z is leading the way. This generation, born between 1997 and 2012, is now entering the workforce in large numbers, and it is characterized by its unique values and aspirations, according to Maria (Tudorică) Jianu of Genesis Property. 
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News - Speedwell gets funding for resi development in Bucharest
24
Aug
2023

Speedwell gets funding for resi development in Bucharest

by Property Forum
Speedwell has secured a loan of €13.6 million from Garanti Bank for the development of the third phase of The Ivy residential project in northern Bucharest.  
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News - FineStore leases almost 10,000 sqm in CTPark Bucharest North
24
Aug
2023

FineStore leases almost 10,000 sqm in CTPark Bucharest North

by Property Forum
Industrial developer CTP has delivered a warehouse of almost 10,000 sqm in CTPark Bucharest North for FineStore, the largest online liquor retailer in Romania. The lease transaction was advised by iO Partners. 
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News - Romania ranks among Europe's most affordable resi markets
23
Aug
2023

Romania ranks among Europe's most affordable resi markets

by Property Forum
Romania ranks third in the top of the European countries with the cheapest housing, after Bosnia and Herzegovina and Greece, with an average price of €1,417 per sqm, according to a Deloitte report. Homes prices in Romania rose by 10.6% compared to 2021. 
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Latest news


New leases

  • CTP has signed a lease agreement with Fabi Total Grup. The Romanian company, which specialises in the production and storage of professional cleaning agents, has taken approximately 4,700 sqm at CTPark Bucharest South.
  • The DigestMed medical centre, specialising in gastroenterology services, has opened a clinic spanning over 675 sqm within the Bucharest-based London Office Building, part of the EVO Properties multifunctional hub, following an investment of €1.5 million.
  • Focus Estate Fund has signed a new lease agreement with HalfPrice, the off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec, Poland.

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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