ARTICLES LABELLED WITH TAG Bucharest

News Hagag to start residential project in central Bucharest
21
Feb
2019

Hagag to start residential project in central Bucharest

by Property Forum
Israeli developer Hagag Development Europe has received the building permit for the Victoriei 139 residential project which will see the transformation of an old building located on Calea Victoriei in central Bucharest.
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News Globalworth completes Renault’s new Bucharest HQ
21
Feb
2019

Globalworth completes Renault’s new Bucharest HQ

by Property Forum
One and a half years after starting work on the site in the western part of Bucharest, Globalworth has finalised the construction of Renault Bucharest Connected (RBC). The project includes 40,000 sqm of Class A offices, served by an underground level with approximately 240 parking spaces, with a further 760 spaces outdoors. Renault Bucharest Connected includes an 8,000 sqm design centre, and the employees who work there will benefit not only from a 350 seat amphitheatre but also other facilities such as a restaurant, gym and a medical office.
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News New Work plans heavy expansion in Bucharest
21
Feb
2019

New Work plans heavy expansion in Bucharest

by Property Forum
AFI Tech Park, AFI Europe Romania’s latest business campus in Bucharest, announced two new tenants of AFI Tech Park 1, the first building of the office complex: New Work and Afcon Electra Romania. Following this transaction, AFI Tech Park 1 reaches an occupancy rate of 80%
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News Investors love Bucharest offices
14
Feb
2019

Investors love Bucharest offices

by Property Forum
Office building transactions on the Romanian market reached the highest level of the last decade in 2018, as 20 assets with a total GLA of 220,000 square meters and a value of more than €500 million were transacted only in Bucharest, according to Cushman & Wakefield Echinox.
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News AFI Europe to buy Casa Radio building in Bucharest
14
Feb
2019

AFI Europe to buy Casa Radio building in Bucharest

by Property Forum
AFI Europe Romania has signed a non-binding letter of intent with Plaza Centers for the acquisition of the majority stake (75%) of the Casa Radio, located in the centre of Bucharest. The value of the offer amounts to €60 million.
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News Land transactions in Bucharest reach a new record
07
Feb
2019

Land transactions in Bucharest reach a new record

by Property Forum
Developers and real estate investors completed land acquisitions with a cumulative value of around €245 million last year in Bucharest, a new record for the past ten years, according to the Cushman & Wakefield Echinox which has monitored 31 medium and large transactions.
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News Morgan Stanley in talks for €150 million Bucharest office deal
07
Feb
2019

Morgan Stanley in talks for €150 million Bucharest office deal

by Property Forum
Morgan Stanley Real Estate Romania is reportedly considering the acquisition of the Hermes Business Campus office project in Northern Bucharest, according to zf.ro.
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News Bucharest’s CBD shows signs of growing activity
31
Jan
2019

Bucharest’s CBD shows signs of growing activity

by Property Forum
Bucharest’s central business district developed around Victoriei Square is registering an upward evolution in office activity, with a historic record-high volume in take-up and positive growth in pipeline stock, as showed by the latest office analysis conducted by Activ Property Services.
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News Globalworth gets two Bucharest buildings certified
31
Jan
2019

Globalworth gets two Bucharest buildings certified

by Property Forum
Tower 1 and Tower 2, the first two office buildings of the Globalworth Campus project in Bucharest, have been awarded BREEAM certificates with a rating of 'Excellent'. The certification recognizes the high standards of sustainability and the healthy working environment of the 57,000 sqm of Class A office space in the complex located in the northern part of the city.
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News MLP Group builds new logistics park in Romania
24
Jan
2019

MLP Group builds new logistics park in Romania

by Property Forum
MLP Group commenced the construction of its first logistics park in Romania. Work on a 12,000 sqm facility is currently underway. In total, over 22,000 sqm of modern warehousing space will be constructed at this stage of the project. Ultimately, 95,000 sqm of space will be available to tenants in MLP Bucharest West. Sagex Construct has been selected as the general contractor.
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Latest news


New leases

  • CTP has signed a new lease agreement with long-term client Raben Romania, which has taken 1,800 sqm at CTPark Brașov West.
  • Another fast-growing Polish company has picked Metropolitan Warsaw for its headquarters. Rock Capital, a leading retail park developer and investor in Poland, now occupies modern office space overlooking the Grand Theater and Moliera Street. The Rock Capital's new headquarters, designed by BIT CREATIVE studio and its founder Barnaba Grzelecki, spans 460 sqm of premium office space on the first floor.
  • The largest retail chain in Poland offering RTV/AGD equipment has leased over 4,200 sq m of modern space in the MLP Poznań logistics centre. Media Expert will start operating in the new location in July 2025. The company was advised by Cushman & Wakefield in the leasing process

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.

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