ARTICLES LABELLED WITH TAG Ilinca Timofte

News Romania sees more hotel deals under €5 million
26
Aug
2024

Romania sees more hotel deals under €5 million

by Property Forum
Romania’s hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report. 
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News Bucharest’s short-term rental industry totals €24 million in H1 2024
07
Aug
2024

Bucharest’s short-term rental industry totals €24 million in H1 2024

by Property Forum
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report. 
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News Properties in Romania’s mountain resorts start at €3,500 per sqm
14
Feb
2024

Properties in Romania’s mountain resorts start at €3,500 per sqm

by Property Forum
Sale prices for properties in Romania’s mountain resorts start at €3,500 - €4,000 per sqm and can go as high as €7,500 sqm, according to a Crosspoint Real Estate report. By contrast, prices can reach €8,000 per sqm in Austrian resorts and around €28,000 per sqm in French mountain resorts.
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News Property investments in Romania up 73% in Q1 2023
24
Apr
2023

Property investments in Romania up 73% in Q1 2023

by Property Forum
Commercial property investment in Romania amounted to €149.6 million in the first quarter of 2023, up by 73% compared to the same period of last year, with the biggest contributions from the industrial and office segments, according to real estate consultancy Crosspoint Real Estate.
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News Romania reaches 120 flexible offices in 2022
14
Feb
2023

Romania reaches 120 flexible offices in 2022

by Property Forum
The number of flexible offices in Romania climbed to 120 at the end of 2022, with 21 new coworking centres opened in the post-pandemic period, according to a report by real estate consultancy Crosspoint Real Estate. 
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News Six new hotels expected in Bucharest by 2023
06
Sep
2022

Six new hotels expected in Bucharest by 2023

by Property Forum
Up to 20 new hotels are slated for delivery across the country by the end of 2023, of which six projects will be completed in Bucharest, according to a report by real estate consultancy Crosspoint Real Estate.
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News Property investment in Romania at €518 million in H1 2022
03
Aug
2022

Property investment in Romania at €518 million in H1 2022

by Property Forum
The property investment market in Romania totalled €518 million in the first half of 2022, up 30.5% compared to the same period of last year, with retail and office sectors driving deals, according to real estate consultancy Crosspoint Real Estate. 
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News Mountain properties become more interesting for investors
10
Dec
2021

Mountain properties become more interesting for investors

by Property Forum
Properties in the mountain tourist areas have become more interesting for investors, according to a report by Savills, with demand having grown significantly in the first quarter of this year. 
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News Over 2,000 new hotel rooms to be delivered in Romania by 2023
08
Jul
2021

Over 2,000 new hotel rooms to be delivered in Romania by 2023

by Property Forum
The hotel sector in Romania in on the recovery path following the steep drop in demand recorded in 2020 due to lockdown measures designed to contain the pandemic. Despite the health crisis, few projects have been abandoned, while deliveries of new hotels were delayed or postponed. 
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Latest news


New leases

  • Warsaw Court of Appeal has signed a long-term lease agreement for office space at Wola Center in Warsaw. The Court has leased 2,000 square meters in the building owned by Hines.
  • Four lease agreements have been signed for a total leasable area of approximately 16,000 sqm in MDC2 Park Kraków South: with Emerald clothing distributor (4150 sqm); the French publishing company Iris Galerie (4,100 sqm); AiK Tezeusz, the book re-commerce market player (3,500 sqm); and Libris, a company that manages the paper and electronic records of companies (4,100 sqm).
  • The law firm T. Studnicki, K. Płeszka, Z. Ćwiąkalski, J. Górski sp. k. (SPCG) has joined the tenants of the Infinity office building, leasing over 350 sqm of office space. The opening of the new branch office of SPCG in the Wrocław-based office building at Legnicka 16 is scheduled for August 2025.

New appointments

  • Karol Klin joined the Cornerstone Investment Management team at the beginning of 2025, taking on the role of Commercial Director, Real Estate.
  • Sebastian Barandziak has been appointed as the new President of the Management Board of Euro Styl, a subsidiary of Dom Development Group. The existing board members, Magdalena Reńska and Jarosław Górski, have been appointed as vice presidents.
  • AG Capital has appointed Ivaylo Vatev as CFO. He has previously worked in management roles for Aurubis Germany and PwC.

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