ARTICLES LABELLED WITH TAG romania

News - Bank-financed housing purchases fall in Romania
22
Jun
2023

Bank-financed housing purchases fall in Romania

by Property Forum
The housing loan stock is now growing by only 1.2% in Romania, with the slowdown becoming noticeable starting with the second half of last year, while the number of apartment transactions fell by almost 30% in Bucharest and regional cities in the first five months of the year, according to Colliers. 
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News - Banca Transilvania takes 10,000 sqm from Globalworth in Bucharest
21
Jun
2023

Banca Transilvania takes 10,000 sqm from Globalworth in Bucharest

by Property Forum
Romanian lender Banca Transilvania has leased 10,000 sqm of office space in Green Court A, the building in northern Bucharest owned by Globalworth.
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News - P3 Romania names new Managing Director
20
Jun
2023

P3 Romania names new Managing Director

by Property Forum
Andrzej Wronski, Group Head of Asset Management for P3 Logistic Parks, will be taking over the role of Managing Director for P3 Romania starting July 2023. He is replacing Sînziana Pardhan, who decided to step down after six years of running P3 operations in the country. 
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News - Logicor expands logistics park in northern Bucharest
20
Jun
2023

Logicor expands logistics park in northern Bucharest

by Property Forum
Industrial developer Logicor has expanded the e-commerce warehouse space in Bucharest I Logistics Park Mogosoaia for pharmacy chain Dr.Max to around 16,000 sqm.  
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News - Nearshoring to boost demand for industrial space in CEE
19
Jun
2023

Nearshoring to boost demand for industrial space in CEE

by Property Forum
The relocation of production facilities from far-away locations, such as Asia, is generating additional demand for industrial and logistics projects in CEE-based markets, with Romania being among the biggest beneficiaries, according to a Cushman & Wakefield report. 
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News - Companies in Romania are increasingly open to alternative financing
16
Jun
2023

Companies in Romania are increasingly open to alternative financing

by Ovidiu Nicolae
Monia Dobrescu, Partner at Mușat & Asociații, spoke to Property Forum about real estate companies’ growing interest in alternative financing options and Romania’s tax framework for real estate investments.
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News - COS opens R&D workspace centre in Bucharest
15
Jun
2023

COS opens R&D workspace centre in Bucharest

by Property Forum
Fit-out company COS has launched the Research & Development (R&D) workspace centre Masia in northern Bucharest, following an investment of €1.6 million.  
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News - Speedwell buys land in Timișoara
14
Jun
2023

Speedwell buys land in Timișoara

by Property Forum
Real estate developer Speedwell has purchased a new land plot in Timișoara, where the company plans to start the construction of its second mixed-use project in the city. The value of the transaction was not made public.
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News - Global Vision plans further expansion in Romania
12
Jun
2023

Global Vision plans further expansion in Romania

by Ovidiu Nicolae
Sorin Preda, Founder and CEO of Global Vision spoke to Property Forum about industrial developments in major and secondary cities in Romania, alongside plans to integrate office and manufacturing lines across the company.
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News - Romania’s retail stock up by 22,000 sqm in Q1 2023
12
Jun
2023

Romania’s retail stock up by 22,000 sqm in Q1 2023

by Property Forum
The total stock of modern retail spaces in Romania reached 4.11 million sqm in the first quarter of 2023 following the delivery of two new retail parks with a combined leasable area of 22,000, according to a report by CBRE. 
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Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • 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.

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