What’s the New Normal in Romania?

16
Jul
2020
News - What’s the New Normal in Romania? #coronavirus #media #report #Romania

by Property Forum | Report

Romania's Real Estate Yearbook 2020 has published "The New Normal - Market Pulse Report, Romania", an exclusive property market update on Romania at end of the lockdown.


The report presents in 80 pages projects status & updated opportunities, plans for H2 2020 and 2021 from developers and suppliers throughout the country. This is the first editorial supplement, dedicated to logistics & office sectors, other themed market pulse reports will follow dedicated to the tech or residential sectors in Romania. The regularly market pulse reports are an additional B2B communication platform, to support the promotion of key investors, developers and service providers during these transition times, until the publication of the yearly investment guide "Romania's Real Estate Yearbook 2021", scheduled for November 2020.

"After 7 investment guides and industry-dedicated yearbooks and 10 years covering chapters with real estate for a business magazine, many fairs and networking events in Munich, Cannes, Vienna, Warsaw, Budapest, etc., in addition to site visits and debates, I am sure that the next market cycle will bring spectacular results, even if we can't imagine them now in full details. Out of love for people we met and worked with, placing a bet on future projects and the market's potential in the region, in the most disturbing debut of the crisis of our lifetime, we present this Market Pulse Report, a sign of beating hearts with passion from the people in the industry. I am grateful also to our international networking partners for their support in promoting projects and market leaders from Romania", states Ionut Oprea, the publisher of the investment guide and market pulse reports.




Latest news


New leases

  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.
  • Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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