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News - Home asking prices in Romania post slight gain in February 2023
14
Mar
2023

Home asking prices in Romania post slight gain in February 2023

by Property Forum
Asking prices for homes in Romania were up by an average of 1.6% to €1,435 per sqm in February after growing by 0.9% in the previous month, according to property classifieds platform Imobiliare.ro. 
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News - Impact Developer & Contractor delivers homes in Constanța
07
Mar
2023

Impact Developer & Contractor delivers homes in Constanța

by Property Forum
Romanian developer Impact Developer & Contractor has completed the first 209 apartments comprising the first phase of the Boreal Plus residential project in Constanța.
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News - Constanța Business Park attracts two new tenants 
22
Dec
2022

Constanța Business Park attracts two new tenants 

by Property Forum
Logistics company Elvada and motorcycles and electric bicycles producer Relive Bike RKS Motor are the new tenants in Constanța Business Park, the project developed near the port area by Global Vision in partnership with Globalworth. The spaces leased by the two firms total 9,600 sqm.
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News - Gran Via expands resi project in Constanța
22
Jun
2022

Gran Via expands resi project in Constanța

by Property Forum
Property developer Gran Via Real Estate will invest €26 million in expanding the Gran Via Marina residential project in Constanța with two new blocks of flats that include 190 apartments. 
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News - Home prices in Romania slightly grow in May
07
Jun
2022

Home prices in Romania slightly grow in May

by Property Forum
Residential asking prices in Romania grew by 2.5% in May compared to April to an average of €1,751 per sqm, with Cluj-Napoca remaining the most expensive market in the country, according to the Imobiliare.ro platform. 
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News - Romanian home prices increase in April
05
May
2022

Romanian home prices increase in April

by Property Forum
Asking prices for apartments in Romania rose by an average of 3.2% to €1,707 per sqm in April compared to the previous month, while on a 12-month basis prices expanded by 22.3%, according to a report by Imobiliare.ro platform. 
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News - Nooka Space aims to add 20 proximity offices in Bucharest
23
Mar
2022

Nooka Space aims to add 20 proximity offices in Bucharest

by Property Forum
Smart office startup Nooka Space aims to develop its Romanian network through partnerships with property developers and hospitality operators.
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News - Asking prices for Romanian homes slightly grow in February
04
Mar
2022

Asking prices for Romanian homes slightly grow in February

by Property Forum
The average asking price for apartments in Romania gained 0.8% in February to €1,609 per sqm compared to the same period of last year. Over the past 12 months, the average increase of prices stood at 18.5%, according to property classifieds platform Imobiliare.ro. 
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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 - Hotel operators look to expand in Romania
31
Jan
2022

Hotel operators look to expand in Romania

by Property Forum
Hotel investments in Romania are starting to recover and only in Bucharest four hotels were sold for an estimated €19.2 million during 2021.  
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Latest news


New leases

  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.

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