ARTICLES LABELLED WITH TAG victor-cosconel
07
Jul
2023
Jul
2023
Romania’s industrial pipeline at 650,000 sqm in 2023
Around 650,000 sqm of industrial and logistics spaces are under development in Romania, which once completed will be added to the stock of 6.3 million sqm that was operational at the end of 2022, according to a Colliers report.
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28
Apr
2023
Apr
2023
Office leasing in Bucharest down in Q1 2023
New demand for offices in Bucharest fell by almost half in the first quarter of 2023 compared to the same period of last year, while total demand also declined by about 25%, according to data from real estate consultancy Colliers.
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10
Feb
2023
Feb
2023
Bucharest region attracts half of new industrial projects
Romania’s industrial and logistics market expanded by over 500,000 sqm during 2022, with around half of all deliveries based in the Bucharest region, according to a report by real estate consultancy Colliers.
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07
Feb
2023
Feb
2023
Bucharest might not see new office deliveries in 2024
While around 100,000 sqm of new office space is expected in Bucharest this year, no new project is slated for delivery in 2024 which would move the city into a landlord’s office market, according to Colliers.
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13
Dec
2022
Dec
2022
Office deliveries in Bucharest to reach 360,000 sqm by 2024
Around 130,000 sqm of new modern offices could be delivered this year, with a total of roughly 360,000 sqm possible for the 2022-2024 period, though the 2024 calendar could be postponed, according to real estate consultancy Colliers.
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22
Jul
2022
Jul
2022
Romania becomes third largest industrial market in CEE-15
Romania’s modern industrial and logistics facilities stock reached 5.6 million sqm at the end of 2021, which represents the third largest industrial and logistics market among 15 of the biggest economies in Central and Eastern Europe (CEE).
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08
Jul
2022
Jul
2022
Office demand in Bucharest set to recover
The annualized rate of new demand for offices in Bucharest is comparable to the value recorded in 2019, even though it is about a third below the record volume of 2017, according to research by real estate consultancy Colliers.
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20
May
2022
May
2022
Bucharest’s office vacancy rate at 16.5% in Q1 2022
The vacancy rate in Bucharest’s office market remained flat at 16.5% in the first quarter of 2022, similar to last year, although there is a growing gap between Class A projects and older buildings in areas with lower demand, according to real estate consultancy Colliers.
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Latest news
- Jet Investment buys logistics park near Gdańsk
- MLP Group starts new industrial project near Warsaw
- AFI Group to purchase new resi rental project in Prague
- Andrzej Wroński takes helm at 7R
- Next logistics cycle in CEE to reward patience
- EAM completes €70 million logistics project near Warsaw
- Wing appoints new Deputy CEO
- Arete secures €30 million financing from PKO for Polish project
- Scallier to develop new retail park in Darłowo
- Harden Construction reaches 1 million sqm milestone in Poland
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
- Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
- 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.
