ARTICLES LABELLED WITH TAG Romania

News Bucharest office market records one new delivery in Q2 2022
16
Aug
2022

Bucharest office market records one new delivery in Q2 2022

by Property Forum
The total office stock in Bucharest reached 3.3 million sqm at the end of the first semester of 2022, with just one new building (AFI Tech Park – phase 2) spanning 25,000 sqm being completed in the second quarter of this year. 
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News Logistics leasing in Romania up 38% in H1 2022
16
Aug
2022

Logistics leasing in Romania up 38% in H1 2022

by Property Forum
Around 500,000 sqm of logistics spaces have been leased in Romania in the first semester of the year, up 38% compared to the same period of last year, with the largest pre-leased surface of almost 88,000 sqm secured in Prahova County, according to property consultancy CBRE Romania. 
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News WDP buys Arad Business Park
16
Aug
2022

WDP buys Arad Business Park

by Property Forum
Industrial developer WDP has purchased Arad Business Park, with a leasable area of around 42,000 sqm, for an undisclosed sum in a transaction brokered by real estate consultancy Colliers. 
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News Romanian property investments could reach €1 billion in 2022
12
Aug
2022

Romanian property investments could reach €1 billion in 2022

by Property Forum
Investment transactions worth €336 million were concluded on Romania’s property market in the first semester of 2022, up 13% year-on-year, while for the whole year the sector could generate deals closer to or even higher than €1 billion, according to a report by real estate consultancy Colliers. 
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News Romanian transaction volumes remain strong despite challenges
12
Aug
2022

Romanian transaction volumes remain strong despite challenges

by Property Forum
Daniela Lazea, Partner and Co-Head of Real Estate at Romanian law firm Biriș Goran, spoke to Property Forum about Romania’s potential to become a relocation base for companies in the region and the real estate market’s ability to surpass €1 billion transactions in 2022.
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News Prime Kapital delivers its first resi project in Romania
11
Aug
2022

Prime Kapital delivers its first resi project in Romania

by Property Forum
Property developer Prime Kapital has delivered four out of five apartment buildings in its first residential project in Bucharest. The company has invested €47.8 million in the project that will feature 458 apartments. 
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News FM is about constantly looking for solutions to optimise the operational budget
08
Aug
2022

FM is about constantly looking for solutions to optimise the operational budget

by Property Forum
Daniel State, Managing Partner, Rustler Property Services Romania, spoke with Property Forum about the trends in the facility management market and the specialisation of companies in cost optimisation, which has become more important than ever in the context of rising energy prices.
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News Romanian office stock at 4.3 million sqm in H1 2022
08
Aug
2022

Romanian office stock at 4.3 million sqm in H1 2022

by Property Forum
The modern office stock in Romania has reached 4.3 million sqm at the end of the first semester of 2022, with another 335,300 sqm slated for delivery by the end of 2023, according to real estate consultancy CBRE. 
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News Hili Properties buys major stake in Bucharest-based Miro office
08
Aug
2022

Hili Properties buys major stake in Bucharest-based Miro office

by Property Forum
Strategic investor Hili Properties, part of Hili Ventures, has purchased a controlling stake of 75% in the Miro office building, developed by Speedwell in northern Bucharest, for an undisclosed sum. The remaining stake in the project will remain in the developer’s ownership for another two years. 
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News Rising interest rates will affect the profitability of some projects
05
Aug
2022

Rising interest rates will affect the profitability of some projects

by Property Forum
Silviu Stratulat, Managing Partner, Stratulat Albulescu spoke to Property Forum about the impact of the crisis in Ukraine on the CEE real estate market, but also about the bank financing environment for developments amid rising interest rates. The law firm is planning to boost the logistics segment in its portfolio and expand with a new office in Moldova.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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