VisionApartments buys land for new project in Bucharest

27
May
2021
News - VisionApartments buys land for new project in Bucharest #Anja Graf #Bucharest #Ramada Majestic Hotel #Romania #Visionapartments

by Property Forum | Investment

VisionApartments, a company controlled by Swiss billionaire Anja Graf, has acquired a land plot of 15.6 hectares near Bucharest where it plans to start a complex real estate investment. 

The acquisition was made shortly after she purchased the former Ramada Majestic Hotel in central Bucharest that it plans to turn into an apart-hotel project. 

On the newly acquired land, the billionaire will developer mixed-use project, according to a company statement, quoted by zf.ro. 

Some of the biggest mixed-use projects are currently under development in Bucharest. Developers say that a mix of offices and apartments is optimal for this market considering the current infrastructure and the changing patterns of consumers. 


Anja Graf Bucharest Ramada Majestic Hotel Romania Visionapartments


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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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