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News Romania’s property investment market could hit €1 billion in 2024
04
Sep
2024

Romania’s property investment market could hit €1 billion in 2024

by Property Forum
Romania’s commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers. 
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Latest news


New leases

  • United Distribution Holding, a distributor of global brands of beer and food products in Poland, decided to add more than 2,300 sqm of industrial space to its existing agreement at the Warsaw West Park - Pruszków distribution centre. As of Q3 2024, the tenant occupies a total of approx. 5,500 sqm of commercial space. UDH was represented in the transaction by Axi Immo.
  • Wrocław-based Bioceltix has leased space from Ideal Idea at City Park Wrocław III for the production of veterinary medicines. The company will occupy around 1.3 thousand sqm of warehouse and production space and around 680 sqm of office space.
  • The Polish branch of global medical device manufacturer Meril is a new tenant at Warsaw’s Oxygen Park office complex, leasing almost 300 sqm of office space on the ground floor of Building B. Meril moved into its new offices in mid-July this year.

New appointments

  • Modivo, which is part of the CCC Group, is changing the composition of its board of directors. Marcin Czyczerski was dismissed from the position of president, and his place was taken by Dariusz Miłek. The decision is aimed at improving cooperation between the companies.
  • Krisztina Enzsöl has joined Knight Frank Hungary as Associate Director in the office division. She has over 24 years’ worth of experience in real estate, being specialised in office leasing. In addition, Enzsöl has extensive knowledge in both tenant and landlord representation.
  • Beginning of September this year, the Management Board at Avison Young's Polish branch underwent a change, with Monika Bronicka, Director, Head of Valuation and Advisory, Business Development, becoming a Member of the Board.

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