ARTICLES LABELLED WITH TAG Romania

News Element Industrial invests over €25 million in Brăila
13
Sep
2021

Element Industrial invests over €25 million in Brăila

by Property Forum
Romanian developer Element Industrial will invest over €25 million in the development of ELI Park Brăila, a new logistics park that will have a gross leasable area of 50,000 sqm. 
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News Industrial stock in Romania to reach 6 million sqm
10
Sep
2021

Industrial stock in Romania to reach 6 million sqm

by Property Forum
The industrial and logistics market in Romania continues to grow in terms of leasing activity and supply of new projects, with some 800,000 sqm in new stock under development at present.  
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News Vastint to expand mixed-use project in Bucharest
09
Sep
2021

Vastint to expand mixed-use project in Bucharest

by Property Forum
Property developer Vastint is looking to secure permits to kick off the construction of the second phase of its mixed-use project Timpuri Noi Square (TNS) located in Bucharest. 
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News Romanian residential prices up 2% in August
08
Sep
2021

Romanian residential prices up 2% in August

by Property Forum
Asking prices of apartments in Romania were up 2% in August compared to the previous month to €1,508 per sqm, according to property portal Imobiliare.ro. 
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News Romanian employees look for healthy and green offices
07
Sep
2021

Romanian employees look for healthy and green offices

by Property Forum
A new survey by Genesis Property shows that 43% of Romanian employees believe that the main feature of their offices should be a healthy space, while 23% say that the workspaces should have a good resource management that includes the usage of renewable energy and efficient recycling. 
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News Fortress buys 50,000 sqm industrial park near Bucharest
06
Sep
2021

Fortress buys 50,000 sqm industrial park near Bucharest

by Property Forum
Property investment trust Fortress, based in South Africa, has reached an agreement to purchase ELI Park 1, an industrial project in Buftea-Chitila, near Bucharest, for an undisclosed sum. The sellers of the 50,000 sqm project are Element Industrial and Pavăl Holding.
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News ESG is set to rewrite the rules of real estate financing
06
Sep
2021

ESG is set to rewrite the rules of real estate financing

by Ákos Budai
Marius Persenea, Chief Operating Officer of Romanian real estate developer IULIUS talked to Property Forum about financing, sustainable development and future plans for different market segments.
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News Impact to develop over 10,000 homes in Romania by 2027
03
Sep
2021

Impact to develop over 10,000 homes in Romania by 2027

by Property Forum
Romanian Impact Developer & Contractor said it plans to develop 1.25 million sqm by 2027, respectively over 10,000 homes in the medium - affordable segment, with an estimated market value of €1.4 billion without VAT. 
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News New retail schemes of 121,000 sqm expected this year in Romania
03
Sep
2021

New retail schemes of 121,000 sqm expected this year in Romania

by Property Forum
Romania’s retail sector will see new deliveries of projects covering around 121,000 sqm, of which 62% are small structure, mainly retail parks, according to a report by real estate consultancy Colliers. 
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News Radisson Blu Cluj to open in 2022
02
Sep
2021

Radisson Blu Cluj to open in 2022

by Property Forum
The first 5-star hotel in Cluj-Napoca will be delivered next year following an investment of €22 million made by Winners Park Invest. 
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Latest news


New leases

  • 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
  • Supeco, the discount format operated by the Carrefour Group, will open a new store spanning 1,300 sqm in FunShop Park Ploiești starting Q3 2025. With this new lease deal, Scallier’s retail project is now almost fully occupied.

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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