ARTICLES LABELLED WITH TAG Bucharest

News One United Properties to raise €25 million for Bucharest project
20
Jul
2020

One United Properties to raise €25 million for Bucharest project

by Property Forum
Romanian real estate developer One United Properties is selling part of its One Cotroceni Park urban regeneration project, currently under development in Bucharest, for €25 million. The amount raised is to be invested in the further development of the project, profit.ro reports.
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News Opening of Bucharest mall postponed to 2021
16
Jul
2020

Opening of Bucharest mall postponed to 2021

by Property Forum
The opening of Colosseum Mall in Bucharest, initially planned for the end of 2020, has been rescheduled for 2021, considering the unpredictability of the business environment under the impact of COVID-19 pandemic.
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News P3 secures lease expansion in Bucharest
16
Jul
2020

P3 secures lease expansion in Bucharest

by Property Forum
P3 Logistic Parks has signed a lease agreement with Interbrands Marketing & Distribution for 24,830 square meters of logistics and office space within P3 Bucharest A1 park. Interbrands has been a client of the park since 2006 and decided now to relocate to a larger warehouse that can accommodate Orbico Group's expansion operations in Romania. On this occasion, Interbrands also begins the implementation of an extensive logistics automation project in the new warehouse.
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News Speedwell secures building permit for Bucharest office project
16
Jul
2020

Speedwell secures building permit for Bucharest office project

by Property Forum
Speedwell has closed a significant deal with KPMG for office space lease at Miro, the company’s new project located in Băneasa, Bucharest. The project has marked a key milestone as it has just received its building permit and will welcome KPMG’s employees at the end of 2021. The office division of Knight Frank Romania was the consultant in the transaction.
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News Globalworth secures over 25,000 sqm of leases
09
Jul
2020

Globalworth secures over 25,000 sqm of leases

by Property Forum
Globalworth's portfolio in Romania has been consolidated by the prolongation and extension of the lease contracts for a period of 3 - 11 years with key partners such as Adecco, Cegedim, Clinicile și Laboratoarele Sfânta Maria, Mazars and a major bank.
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News Dedeman completes acquisition of Bucharest office complex
09
Jul
2020

Dedeman completes acquisition of Bucharest office complex

by Property Forum
Romanian DIY store operator Dedeman has acquired the third building of 80,000 sqm The Bridge office complex, developed by Forte Partners in Bucharest, thus completing a €200 million transaction started in 2018.
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News Accor to open new hotel next to Bucharest’s airport
09
Jul
2020

Accor to open new hotel next to Bucharest’s airport

by Property Forum
Accor has signed a management agreement with Alexandra Residence Design to open 144-room ibis hotel by the end of 2022. The newly signed hotel will be located near the future Terminal 2 of Henri Coandă International Airport in Bucharest. Est Hospitality Consulting is the consultant of the project until its official opening while Cumulus Architecture is responsible for the design.
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News One United buys €15 million office building in Bucharest
01
Jul
2020

One United buys €15 million office building in Bucharest

by Property Forum
Local real estate developer One United Properties has acquired an office building recently completed in the Aviation area of Bucharest. The new owner paid €15 million to local construction company Conarg for the project, profit.ro reported. One United hopes to rent it and increase its value to €21-22 million within a year.
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News Romanian hotel chain ends agreement with Accor
01
Jul
2020

Romanian hotel chain ends agreement with Accor

by Property Forum
Romania’s largest hotel chain, Continental Hotels and French hotel group Accor have decided to terminate the management agreement signed 20 years ago for four hotels. According to the mutual agreement, starting with July 1, 2020, four hotels owned by Continental Hotels (Ibis Gara de Nord, Ibis Parlament, Ibis Constanta and Ibis Sibiu) will no longer operate under the Ibis brand, profit.ro reports.
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News Hagag to refurbish historic Bucharest palace
01
Jul
2020

Hagag to refurbish historic Bucharest palace

by Property Forum
Israeli-owned real estate developer Hagag Development Europe has received the urban planning certificate for the restoration of Știrbei Palace in Bucharest which will be converted into a modern office building.  
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Latest news


New leases

  • Footwear brand Crocs is opening its first location in the North-East region in Palas, as well as in the upcoming Rivus project in Cluj-Napoca, both projects developed by Iulius.
  • WeNet, an online marketing company, has relocated its Gdańsk office to the multifunctional Garnizon complex, owned by the Hossa Investment Group. The organisation has taken up more than 450 square meters of office space in the GATO office building.
  • Perfume chain Douglas has signed a lease agreement for nearly 1,000 sqm of office and logistics space at CTPark Budapest Office Campus, which is located in the heart of the city.

New appointments

  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.
  • Tryton Business House in Gdańsk will welcome a new tenant. Państwowe Gospodarstwo Wodne Wody Polskie will occupy 3,092 sqm of office space in the complex owned by Globalworth. Cushman & Wakefield represented the institution in the lease process.
  • G City Europe is strengthening its development competences. Piotr Myszka has joined the company, taking up the position of Head of Development.

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