ARTICLES LABELLED WITH TAG Bucharest

News Bucharest office leasing up 46% by Q3 2023
28
Nov
2023

Bucharest office leasing up 46% by Q3 2023

by Property Forum
The office leasing activity in Bucharest totaled 292,000 sqm in the first three quarters of 2023, up by 46% compared to the same period of last year, according to iO Partners data.
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News Bucharest street ranked 50 out of most expensive retail locations in Europe
24
Nov
2023

Bucharest street ranked 50 out of most expensive retail locations in Europe

by Property Forum
Bucharest-based Calea Victoriei is the 50th most expensive main retail street out of 57 locations based in Europe, according to a Cushman & Wakefield report. On this ranking, Bucharest is behind Ljubljana, with a monthly rent of €55 per sqm.
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News Accor and Construcții Erbașu expand hotel deal in Romania
24
Nov
2023

Accor and Construcții Erbașu expand hotel deal in Romania

by Property Forum
Hospitality group Accor and Romanian construction firm Construcții Erbașu have signed hotel management agreements for two new hotels in Bucharest and Oradea. The companies have also extended the current management agreement for ibis Styles Bucharest Erbas.
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News CEE-based capital cities run the risk of office shortages
13
Nov
2023

CEE-based capital cities run the risk of office shortages

by Property Forum
Higher construction costs and the unfavourable economic situation in Europe are impacting the future development of new offices in the region, especially in capital cities like Prague, Bratislava, Budapest and Bucharest.
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News Meta Estate Trust invests in Bucharest resi project
10
Nov
2023

Meta Estate Trust invests in Bucharest resi project

by Property Forum
Romanian investment company Meta Estate Trust has entered into a partnership for the development of a premium boutique residential project in Bucharest. The company will invest €1.4 million in the project comprising 21 apartments that will be completed within the next 12 months.
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News Kinstellar Bucharest expands real estate practice
09
Nov
2023

Kinstellar Bucharest expands real estate practice

by Property Forum
Law firm Kinstellar Bucharest has expanded its real estate practice by hiring Corina Stanciu as Senior Associate and Cristiana Mic-Soare as Special Counsel. 
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News Hyatt looks to develop its first hotel in Romania
09
Nov
2023

Hyatt looks to develop its first hotel in Romania

by Property Forum
Luxury hospitality group Hyatt is planning the development of its first hotel in Romania as part of its expansion into CEE. The company is looking to develop an upper scale hotel in Bucharest with around 200 rooms.
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News Mixed-use schemes help companies retain talent
09
Nov
2023

Mixed-use schemes help companies retain talent

by Property Forum
Despite a challenging financing environment, mixed-use developments are gaining ground in Romania as they provide a better mix of facilities for end–users and tenants, concluded speakers of the mixed-use panel of SEE Property Forum 2023, held in Bucharest recently.
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News Bucharest sees high demand for private student housing
07
Nov
2023

Bucharest sees high demand for private student housing

by Property Forum
There is a high demand for private accommodation in Bucharest, offering students modern and flexible accommodation options, with the current supply covering less than half of the actual requirements, according to Colliers data.
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News One United Properties to develop office building in Bucharest for Infineon
06
Nov
2023

One United Properties to develop office building in Bucharest for Infineon

by Property Forum
Romanian developer One United Properties has signed a deal with German semiconductors maker Infineon Technologies for the development of a prime office building in northern Bucharest.  
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Latest news


New leases

  • Eracent, an IT company, has renewed its lease at the Business Garden complex in Warsaw. The company occupies nearly 600 sqm of space in the facility. Brochocki Real Estate law firm represented the tenant in the transaction.
  • Knight Frank has located its Polish headquarters in the Vibe building in Warsaw's Wola district. The office occupies the entire ninth floor of the building and offers nearly 1,000 sqm of space.
  • Logistics operator DB Schenker has leased an additional 9,800 sqm in the Hillwood Rawicz (western Poland) logistics centre. The tenant has been operating from the centre since the autumn of last year when it opened a service centre with an area of over 17,000 sqm for a manufacturer of optical products.

New appointments

  • Piotr Krysztopa, a specialist in building technology and energy efficiency, is joining Avison Young's technical consulting department. He will strengthen the firm's expertise in data analytics and ESG solutions.
  • Leszek Stankiewicz has been appointed CEO of YIT in Poland as of 9th of April. YIT is the largest property developer in Finland, present in eight European countries. In Poland, the company has investments in Warsaw, Gdańsk and Kraków.
  • Paweł Dobrowolski takes over as head of the office department at CBRE Poland, replacing Łukasz Kałędkiewicz. Alexander Hofmann becomes the new head of the Warsaw office tenant representation team.

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