ARTICLES LABELLED WITH TAG romania
31
Aug
2023
Aug
2023
Bucharest office rents up 16% over 12 months
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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30
Aug
2023
Aug
2023
Speedwell gets BREEAM Excellent for resi project in Bucharest
Speedwell obtained the BREEAM Excellent Certification for the first building in The Ivy residential complex under development in northern Bucharest.
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30
Aug
2023
Aug
2023
Mortgage loans in Romania up 10% in H1 2023
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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29
Aug
2023
Aug
2023
Retail deliveries in Romania to count 22 new projects in 2023
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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29
Aug
2023
Aug
2023
Globalworth completes solar plant in Oradea warehouse
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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29
Aug
2023
Aug
2023
One United Properties net profit up 13% in H1 2023
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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25
Aug
2023
Aug
2023
Gen Z wants meaningful, flexible, and comfortable workplaces
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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24
Aug
2023
Aug
2023
Speedwell gets funding for resi development in Bucharest
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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24
Aug
2023
Aug
2023
FineStore leases almost 10,000 sqm in CTPark Bucharest North
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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23
Aug
2023
Aug
2023
Romania ranks among Europe's most affordable resi markets
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
- Alesonor and Strabag begin second phase of resi project near Bucharest
- City logistics and data centres emerge as strongest value drivers in Slovakia
- Speedwell starts €135 million villa project near Bucharest
- PPF Real Estate on track to deliver new Bucharest office this year
- Prague office pipeline exceeds 300,000 sqm
- Frontex prolongs 21,500 sqm office lease at Warsaw Spire B
- Romanian logistics market sees falling demand in Q1 2026
- Monopolis in Łódź gets new majority owner as Virako sells stake
- SCF acquires seventh Polish shopping centre from CBRE IM
- MLP Group achieves record industrial leasing in Q1 2026
New leases
- XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
- Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
- TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.
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.
