ARTICLES LABELLED WITH TAG Timisoara

News Residential prices in Romania up 2.7% in January
07
Jan
2022

Residential prices in Romania up 2.7% in January

by Property Forum
Asking prices for apartments in Romania were up 2.7% at the start of January compared to last month, to €1,551 per sqm, with Cluj-Napoca leading the growth trend, according to real estate platform Imobiliare.ro.
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News Radisson Hotel Group plans to add brands in Romania
20
Dec
2021

Radisson Hotel Group plans to add brands in Romania

by Property Forum
Radisson Hotel Group is planning to grow its portfolio of brands operating in Romania and will roll out new formats on the local market. 
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News Iulius Mall in Timișoara gets sustainability certification
06
Dec
2021

Iulius Mall in Timișoara gets sustainability certification

by Property Forum
Iulius Mall, part of mixed-use project Iulius Town Timișoara, was awarded the LEED GOLD certification by the US Green Building Council as part of the developer’s efforts to line up its portfolio to international sustainability standards.
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News Topband Europe leases 11,000 sqm in Timșoara
17
Nov
2021

Topband Europe leases 11,000 sqm in Timșoara

by Property Forum
Smart controller provider Topband Europe has leased 11,000 sqm of industrial spaces in the Olympian Park based in Timișoara, in a deal that marks the entry of the Chinese company on the Romanian market.
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News WDP’s ongoing investments in Romania at €102 million
20
Oct
2021

WDP’s ongoing investments in Romania at €102 million

by Property Forum
Belgian WDP, the developer of industrial and logistics projects, says it has ongoing investments of around €102 million in several Romanian cities with deliveries expected by the first quarter of 2022.
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News CTP buys seven industrial buildings in Romania
18
Oct
2021

CTP buys seven industrial buildings in Romania

by Property Forum
CTP, the industrial and logistics developer, has acquired seven buildings covering 153,000 sqm from Olympian Parks Group for an undisclosed sum. The assets are located in Brașov, Timișoara, and the south of Bucharest, which are some of the cities with the biggest stock of warehouses.   
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News Campeador gets €4.5 million loan for Timișoara apartments
13
Oct
2021

Campeador gets €4.5 million loan for Timișoara apartments

by Property Forum
Property developer Campeador says it has secured a loan worth €4.5 million from CEC Bank to continue the construction of its residential project in Timișoara. 
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News Romanian residential prices up 2% in August
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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News Scallier buys retail project in Timișoara
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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News Romanian housing prices edge up in Q1 2021
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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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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