ARTICLES LABELLED WITH TAG Timisoara

08
Sep
2021

Romanian residential prices up 2% in August

by Property Forum
Asking prices of apartments in Romania were up 2% in August compared to the previous month to €1,508 per sqm, according to property portal Imobiliare.ro. 
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20
Jul
2021

Scallier buys retail project in Timișoara

by Property Forum
Polish developer Scallier has purchased a retail project in Timișoara from Oasis Group for an undisclosed sum. 
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27
Apr
2021

Romanian housing prices edge up in Q1 2021

by Property Forum
Asking prices for apartments and houses in Romania gained 3% in the first quarter of 2021 compared to the same period of 2020, but the yearly growth rate cooled down due to the reduction of demand and the increase of stock available for sale, according to a report by Imobiliare.ro. 
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16
Apr
2021

Continental buys Kromberg plant in Timișoara

by Property Forum
Kromberg & Schubert, the German producer of cables and electrical systems for the car industry, has sold its plant in Timișoara to Continental Group, according to market sources quoted by ZF.ro. The transaction will allow the company to replace its manufacturing operations in the city with research and development activities. 
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16
Apr
2021

Mainfreight opens distribution hub in Timișoara Industrial Park

by Property Forum
Global logistics solution provider Mainfreight has started operations on a new distribution hub in Timișoara Industrial Park (II), a project jointly developed by Globalworth and Global Vision. 
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07
Apr
2021

Romanian apartment prices on growth trend in March

by Property Forum
The average asking price for an apartment in Romania stood at €1,379 per sqm in March, up 1.5% compared to the previous month, according to a report by real estate portal Imobiliare.ro. 
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06
Apr
2021

Health certifications for real estate gain ground in Romania

by Property Forum
Over 230 real estate projects in Romania have been certified to meet health, safety and sustainability standards and the pandemic has boosted the efforts of developers to meet targets for such ratings, according to Colliers. 
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03
Mar
2021

New Ibis hotel opens in Timișoara after €10 million investment

by Property Forum
Optim Project Management has completed its work on the new 6,715 sqm ibis Timișoara City Center for Hotel Development SA, a company owned by brothers Emil and Marius Cristescu.
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23
Oct
2020

CTP to invest €50 million in logistics parks near Timișoara

by Property Forum
CTP announced its expansion plans for the Transylvania area. The developer plans to double the leasable area of ​​logistics spaces in the Transylvania region until 2023 by investments of €50 million in the expansion of its two logistics parks around Timișoara. Some of the spaces included in the construction plan are already leased to companies from the logistics and manufacturing sectors.
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02
Sep
2020

Local developer secures €7.3 million loan for Timișoara resi project

by Property Forum
Arad-based developer Wallberg has secured a €7.3 million loan from Garanti Bank for the construction of the second tower of the XCity Towers complex, the first residential tower in the city of Timișoara, a project worth €75 million which will total 955 apartments.
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Latest news


New leases

  • Tech start-up A4BEE has leased 600 sqm of office space in Wojdyła Business Park in Wrocław. Cushman & Wakefield advised the owner for this transaction.
  • Colliers branch in Katowice has changed its address. Since September the office is located in the .KTW I building on Roździeńskiego Avenue 1a. Colliers has taken the space on the first floor of the building.
  • Meat2Eat has leased 400 sqm for a new restaurant that it opened on the ground floor of One Tower office building in Bucharest. The transaction was brokered by Cushman & Wakefield Echinox. The building is owned by Romanian developer One United Properties.

New appointments

  • Łukasz Czajkowski joins the team of JLL Poland as Business Services Lead in Tenant Representation Department. He will be responsible for enhancing relations with the BSS sector.
  • Craig Maguire has been appointed Head of Pan-European Logistics for BNP Paribas Real Estate. He will head up the European coordination of the Logistics business (Investment and Rentals/Sales), alongside the local teams of BNP Paribas Real Estate.
  • Victor Cosconel is the new Head of Industrial & Business Development at real estate consultancy Colliers Romania. He has more than 20 years’ worth of experience in sales, business development and general management. Before joining Colliers, he was CEO of Sodexo Bulgaria.


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