The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%.
IWG is opening a new coworking location under the Spaces brand in Bucharest-based Vastint Business Garden building that will focus on hybrid work demand.
The total number of homes completed in Romania in the first nine months of the year was 42,312, down by 18.1% compared to the same period last year, according to a report by the National Institute of Statistics (INS).
Romanian football player Florin Tănase and FIFA agent Florin Vulturar have jointly started the development of a new residential project in Pipera, located in the northern region of Bucharest.
Victor Terheș, Sales Director at Bellemonde, talked to Property Forum about the status of its €40 million residential investment in northern Bucharest and the growing demand for homes in this area in the long term.
Close to 80% of the office stock is at risk of obsolescence in markets such as Amsterdam, Paris and London, while in CEE-based capital cities this figure stands at an average of 43%, according to a report by Cushman & Wakefield Echinox.
North Gate, an A-class office building in the northern part of Warsaw, has gained another tenant. HaskoningDHV Polska has decided to lease ca. 1,000 sqm of space of the building. The property owner was represented in the transaction by Savills.
In mid-December 2024, the Zucca restaurant made its debut in the mixed-use Renoma building in Wrocław (southern Poland). The restaurant has an area of approximately 270 sqm.
MLP Group has signed a lease agreement with a company operating a network of padel centres in Poland. InterPadel will occupy approximately 2,800 square meters of modern space at MLP Business Park Poznań. The transaction was facilitated by MAXON Nieruchomości.
New appointments
Karol Klin joined the Cornerstone Investment Management team at the beginning of 2025, taking on the role of Commercial Director, Real Estate.
Sebastian Barandziak has been appointed as the new President of the Management Board of Euro Styl, a subsidiary of Dom Development Group. The existing board members, Magdalena Reńska and Jarosław Górski, have been appointed as vice presidents.
AG Capital has appointed Ivaylo Vatev as CFO. He has previously worked in management roles for Aurubis Germany and PwC.
ABOUT US
Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.
