ARTICLES LABELLED WITH TAG Timisoara

News Medcity looks to expand healthcare real estate presence in Romania
08
Jun
2023

Medcity looks to expand healthcare real estate presence in Romania

by Ovidiu Nicolae
Alexandros Diamantis, Managing Director of Medcity spoke with Property Forum about the company’s investments in Romania that reached €30 million to date and the new cities that have potential for new healthcare real estate developments.
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News MEDCITY buys building in Timișoara for healthcare project
09
May
2023

MEDCITY buys building in Timișoara for healthcare project

by Property Forum
Healthcare buildings developer MEDCITY has purchased a prime building of over 1,000 sqm in the center of Timișoara from fashion group Folli Follie (FF) Group in a transaction brokered by Colliers. The deal marks the company’s expansion of its portfolio of buildings under The Medical Mall concept. 
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News CTP buys three industrial parks in Romania
30
Mar
2023

CTP buys three industrial parks in Romania

by Property Forum
CTP has purchased three industrial parks in three Romanian cities from FM Logistic, a French supply chain services company, for an undisclosed sum.  
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News Timișoara records strongest office leasing activity among regional cities in 2022
23
Mar
2023

Timișoara records strongest office leasing activity among regional cities in 2022

by Property Forum
Office leasing volumes in Timișoara amounted to 51,400 sqm during 2022, which was more than half of the total deals closed in regional cities. Iași and Cluj-Napoca were next with volumes of 26,700 sqm and 15,200 sqm, respectively, while in Brașov office leasing covered 5,900 sqm. 
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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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News Iulius inks partnership with IFC for net zero target
09
Mar
2023

Iulius inks partnership with IFC for net zero target

by Property Forum
Romanian developer Iulius has signed a partnership with IFC, a World Bank member, in a move designed to create a decarbonation strategy for the whole property portfolio with a target to reach net zero on carbon emissions. 
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News Planned office stock in regional Romania totals 275,000 sqm
22
Feb
2023

Planned office stock in regional Romania totals 275,000 sqm

by Property Forum
The modern office stock in regional Romanian cities is set to reach around 1.3 million sqm in the next five years if the planned projects spanning 275,000 sqm will be delivered in this period, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News Iași takes nearly 40% of regional office lease deals in Romania
16
Feb
2023

Iași takes nearly 40% of regional office lease deals in Romania

by Property Forum
Transactions of new office rental, relocation and pre-rental in Romania’s regional cities reached 70,393 sqm during 2022, which was 22% more than in 2021. Almost 90% of the lease deals were closed in cities that are university centres such as Iași, Cluj-Napoca and Timișoara,  according to a report by Fortim Trusted Advisors.
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News Speedwell gets permit for offices in Timișoara
15
Feb
2023

Speedwell gets permit for offices in Timișoara

by Property Forum
Property developer Speedwell has secured the building permit for the office component of its mixed-use project Paltim located in Timișoara. 
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News Romanian industrial market registers vacancy low
02
Nov
2022

Romanian industrial market registers vacancy low

by Property Forum
Demand for logistics and industrial space is close to registering a new record in 2022 as the vacancy rate reached 4.3% at the end of Q3, which is one of the lowest levels in the last decade, according to real estate consultancy Cushman & Wakefield Echinox. 
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

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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