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.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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