ARTICLES LABELLED WITH TAG romania

News - Iulius adds PV panels to its property portfolio
23
Mar
2023

Iulius adds PV panels to its property portfolio

by Property Forum
Romanian developer Iulius has installed photovoltaic panels on the roofs of all eight properties in its portfolio as part of an investment that totaled more than €3.5 million that will help the company save up to 10% of the total energy consumed across the group. 
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News - K+K Elisabeta hotel in Bucharest sold to Szarvadi family
23
Mar
2023

K+K Elisabeta hotel in Bucharest sold to Szarvadi family

by Property Forum
The 4-star K+K Elisabeta hotel located in the Bucharest city center has been sold to Lorand and Zsuzsanna Szarvadi, the owners of the Balvanyos Resort & Spa in Covasna for an undisclosed sum. 
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News - Prices of new homes in Romania to fall this year
22
Mar
2023

Prices of new homes in Romania to fall this year

by Property Forum
Prices of new homes in Romania will fall this year due to lower demand as loan conditions have tightened, but more people will be looking to rent instead and this is leading to an increase in prices this year, according to an analysis by JLL Romania. 
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News - Nusco Imobiliara to develop villas in northern Bucharest
22
Mar
2023

Nusco Imobiliara to develop villas in northern Bucharest

by Property Forum
Real estate developer Nusco Imobiliara will invest over €30 million in a villa complex based in Tunari, northern Bucharest. 
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News - Romania’s retail deliveries could reach 260,000 sqm in 2023
21
Mar
2023

Romania’s retail deliveries could reach 260,000 sqm in 2023

by Property Forum
With scheduled retail deliveries of around 260,000 sqm across Romania, this year may turn out to have the heaviest pipeline calendar since 2011, which would add to the existing stock of more than 4.1 million sqm, according to real estate consultancy Colliers. 
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News - Retail leads green certification efforts in Romania
17
Mar
2023

Retail leads green certification efforts in Romania

by Property Forum
With a share of 70-80% of the total building stock, the retail sector in Romania has the biggest number of projects that have received green certifications, followed the industrial and office projects, according to real estate consultancy Colliers. 
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News - Global Vision and Globalworth attract first tenant in Mureș project
17
Mar
2023

Global Vision and Globalworth attract first tenant in Mureș project

by Property Forum
Dairy producer FrieslandCampina has become the first tenant of the Mureș City Logistics project jointly developed by Global Vision and Globalworth. The company will occupy one quarter of the newly built warehouse that will have a leasable area of 18,000 sqm in total. 
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News - Dageco Expoziției Estate gets funding for PV panels
15
Mar
2023

Dageco Expoziției Estate gets funding for PV panels

by Property Forum
Business park Dageco Expoziției Estate is among the first the first office buildings in Bucharest that will produce renewable energy after the installation of 260 photovoltaic panels on the roof. The clean energy will also power two car charging stations. 
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News - Exigent Property Investment gets bank loan for Bucharest resi project
14
Mar
2023

Exigent Property Investment gets bank loan for Bucharest resi project

by Property Forum
Romanian developer Exigent Property Investment has secured a bank loan of €57.8 million from OTP for the construction of the first phase of its Exigent Plaza Residence complex in Bucharest. 
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News - Home asking prices in Romania post slight gain in February 2023
14
Mar
2023

Home asking prices in Romania post slight gain in February 2023

by Property Forum
Asking prices for homes in Romania were up by an average of 1.6% to €1,435 per sqm in February after growing by 0.9% in the previous month, according to property classifieds platform Imobiliare.ro. 
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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