ARTICLES LABELLED WITH TAG Bucharest

News Northern Bucharest to continue to drive resi demand
10
Dec
2024

Northern Bucharest to continue to drive resi demand

by Ovidiu Nicolae
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.
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News LPP Group leases 42,000 sqm in CTPark Bucharest West
05
Dec
2024

LPP Group leases 42,000 sqm in CTPark Bucharest West

by Property Forum
Polish fashion producer LPP has leased 42,000 sqm in CTPark Bucharest West, which takes the total occupied area in the project to 131,000 sqm. 
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News CEE records younger office stock compared to Western Europe
05
Dec
2024

CEE records younger office stock compared to Western Europe

by Property Forum
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.
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News Praktiker Real Estate buys office building in Bucharest
05
Dec
2024

Praktiker Real Estate buys office building in Bucharest

by Property Forum
Praktiker Real Estate, the property company owned by Turkish investor Omer Susli, has purchased the Muntenia Business Center offices, in central Bucharest, from Longshield Investment Group for €8 million.
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News Data center investors enter race for land plots in Romania
29
Nov
2024

Data center investors enter race for land plots in Romania

by Property Forum
The land market in Bucharest and other regional cities is seeing increasing demand from developers of data centers that want to accommodate growing investments in the country’s IT&C industry, according to a report by iO Partners.
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News Anchor Grup starts to deliver apartments in Bucharest project
21
Nov
2024

Anchor Grup starts to deliver apartments in Bucharest project

by Property Forum
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase. 
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News Industrial demand in Romania falls 20% on nine months
14
Nov
2024

Industrial demand in Romania falls 20% on nine months

by Property Forum
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
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News Speedwell to start €94 million resi investment near Bucharest
12
Nov
2024

Speedwell to start €94 million resi investment near Bucharest

by Property Forum
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
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News Prima to develop 491 apartments in Western Bucharest
11
Nov
2024

Prima to develop 491 apartments in Western Bucharest

by Property Forum
Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.
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News Romania’s long term retail pipeline reaches 800,000 sqm
07
Nov
2024

Romania’s long term retail pipeline reaches 800,000 sqm

by Property Forum
The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade. 
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Latest news


New leases

  • Enlarged showrooms for three brands - Tommy Hilfiger, Calvin Klein and Marc o'Polo - have opened in the Wrocław Fashion Outlet. The space they occupy has increased by a total of 500 sqm
  • P3 Logistic Parks has leased the last available space in P3 Łódź City III. Rock Communication will occupy 9,290 sqm of manufacturing and warehouse space to be used for production and distribution of fibre optic and power cables.
  • The tenants of the Galeria Wołomin retail park near Warsaw have been joined by the Tedi chain. The new salon took up an area of over 700 sqm.

New appointments

  • Ghelamco Invest has announced the reorganisation of its board of directors. Jarosław Zagórski, Joanna Krawczyk-Nasiłowska, Arnold Neuville, Jarosław Fiutowski, Damian Woźniak and Rafał Gierczak resigned as members of the company's board. As a result, the board consists of Paul Gheysens, Michael Gheysens, Marie-Julie Gheysens, Christiaan Heggerick and Jarosław Jukiel. This reduced number of board members (from 11 to 5) is expected to streamline the decision-making process, allowing all stakeholders to focus on their core roles.
  • Joanna Bieniek has taken up the position of Head of Leasing at Galeria Askana in Gorzów Wielkopolski (Western Poland). Prior to joining the Galeria Askana team, she headed the leasing department at Cream Property Advisors.
  • Balint Szécsényi has resigned as a member of GTC's supervisory board with immediate effect. The resignation was announced by the company's Board of Directors.

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