ARTICLES LABELLED WITH TAG Bucharest

News Grand Hotel Bucharest kicks off renovation works
28
Feb
2022

Grand Hotel Bucharest kicks off renovation works

by Property Forum
Bergam Design House will manage the renovation process of Grand Hotel Bucharest, former Intercontinental Bucharest, as part of an €21 million investment that will be completed in 2024. 
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News One United Properties records sharp increase in profits
28
Feb
2022

One United Properties records sharp increase in profits

by Property Forum
Romanian developer One United Properties recorded revenues of 1.1 billion lei (€222 million) during 2021, up 105% year-on-year, while the gross profit expanded almost two-fold to 603.5 million lei (€122 million) over higher residential sales and increased rental income. 
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News Impact Developer & Contractor reports higher residential sales in 2021
25
Feb
2022

Impact Developer & Contractor reports higher residential sales in 2021

by Property Forum
Romania's Impact Developer & Contractor says it sold 430 residential units during 2021, of which pre-sold apartments sales gained 37% to 250 million lei (€50.5 million), while the rest of 183 units were worth 138 million (€27.8 million). 
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News Fashion House Group expands Bucharest outlet centre
24
Feb
2022

Fashion House Group expands Bucharest outlet centre

by Property Forum
Fashion House Outlet Centre Pallady will undergo an expansion of 5,674 sqm roughly one year after the delivery of the first phase of the project located on the eastern outskirts of Bucharest. 
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News Home listing prices in Romania up 3.4% in Q4 2021
23
Feb
2022

Home listing prices in Romania up 3.4% in Q4 2021

by Property Forum
List prices for residential properties in Romania rose by 3.4% in the last quarter of 2021 compared to the previous three months. 
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News New office supply in Bucharest to hit 5-year low in 2022
23
Feb
2022

New office supply in Bucharest to hit 5-year low in 2022

by Property Forum
With six new office buildings slated for delivery this year, the leasable stock will grow by 135,700 sqm, which is the lowest level since 2017, according to real estate consultancy CBRE.
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News Forty Management secures €65 million loan for Bucharest project
16
Feb
2022

Forty Management secures €65 million loan for Bucharest project

by Property Forum
Romanian developer Forty Management has secured a syndicated loan worth €65 million for a new mixed-use project in Bucharest. 
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News Fortim grows property management arm in Cluj
16
Feb
2022

Fortim grows property management arm in Cluj

by Property Forum
Fortim, a member of the BNP Paribas Real Estate Alliance, has expanded its property management portfolio with the office project Maestro Center in Cluj-Napoca and Tureni Industrial Park in Cluj County. 
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News New retail supply of 100,000 sqm expected in Romania this year
10
Feb
2022

New retail supply of 100,000 sqm expected in Romania this year

by Property Forum
Around 100,000 sqm of new retail spaces should be completed during 2022 in Romania, of which more than 80% are located in retail parks, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News Alesonor inks deal with Holcim for green villas near Bucharest
10
Feb
2022

Alesonor inks deal with Holcim for green villas near Bucharest

by Property Forum
Property developer Alesonor has signed a partnership with Holcim Romania Group for the supply of innovative construction materials that will be used in the Amber Forest suburb near Bucharest. 
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Latest news


New leases

  • JD Group-owned brands JD Sports and Sizeer are strengthening their presence in EPP-managed shopping centres. The group's latest agreements and extensions covered a total of nearly 1.7 thousand sqm - in Kalisz's Galeria Amber, Kielce's Galeria Echo and Szczecin's Galaxy.
  • Poznan's Galeria Panorama, which the Balmain Group is commercialising, has expanded its portfolio with the addition of an Action brand store, a Dutch non-food discount chain. The Action store has taken over 1,000 sqm of space.
  • BWF Poland, a manufacturer of textile filter materials and plastic products, has leased 2,400 sqm of warehouse and office space at the Silesian Logistics Centre BIK Sosnowiec III (southern Poland).

New appointments

  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.
  • Paulina Petynka has joined the team of Yareal Polska, taking on the position of Leasing Director. She has more than 20 years of professional experience.

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