ARTICLES LABELLED WITH TAG romania

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 - Skanska office in Bucharest gets preliminary zero carbon certification
06
Jun
2022

Skanska office in Bucharest gets preliminary zero carbon certification

by Property Forum
Equilibrium 2, the second phase of the Equilibrium project developed by Skanska in northern Bucharest, has obtained the preliminary Net Zero Carbon Buildings certification, granted by the Romania Green Building Council (RoGBC).
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News - Eden Capital Development starts new resi project in Bucharest
06
Jun
2022

Eden Capital Development starts new resi project in Bucharest

by Property Forum
Romanian property company Eden Capital Development has secured the construction permit for a new residential complex in northern Bucharest and plans to kick off the building phase this autumn.
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News - Office lease contracts in Bucharest shortened to 3 years
02
Jun
2022

Office lease contracts in Bucharest shortened to 3 years

by Property Forum
As the pandemic-related restrictions have been lifted, large occupiers have returned to the office, most of them in a hybrid setup, while the office lease periods have fallen from 5 to 3 years, according to an analysis of real estate consultancy Crosspoint Real Estate. 
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News - Globalworth secures green loan from IFC
01
Jun
2022

Globalworth secures green loan from IFC

by Property Forum
Property group Globalworth has inked a 6-year green loan deal worth €85 million with the International Finance Corporation (IFC), which is a member of the World Bank.
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News - Cluj-Napoca remains the most expensive resi market in Q1 2022
30
May
2022

Cluj-Napoca remains the most expensive resi market in Q1 2022

by Property Forum
Apartments in Cluj-Napoca have the biggest sale prices in Romania, with owners asking for an average of €2,240 per sqm in the first quarter, which was up 21% compared to the same period of last year, shows a report by Imobiliare.ro platform. 
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News - New Mercure hotel to open in Alba Iulia
30
May
2022

New Mercure hotel to open in Alba Iulia

by Property Forum
French group Accor will open a new Mercure hotel in Alba Iulia in the second quarter of 2024. The new Mercure Alba Iulia Cetate hotel will feature 112 rooms and apartments and facilities such as a restaurant, SPA and conference room. 
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News - America House in Bucharest completes refurbishment
30
May
2022

America House in Bucharest completes refurbishment

by Property Forum
The America House office building in central Bucharest was refurbished as part of a €10 million investment that included the upgrading of the exterior ground floor area and the extension of green spaces. 
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News - Nordis kicks off resi/hotel investment in Brașov
30
May
2022

Nordis kicks off resi/hotel investment in Brașov

by Property Forum
Romanian developer Nordis has started the construction of a new hotel and residential complex in Brașov. The new project will be completed by the end of 2023 following an investment of €26.4 million. 
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News - Synergy Construct to open new retail park in Bucharest
30
May
2022

Synergy Construct to open new retail park in Bucharest

by Property Forum
Romanian construction firm Synergy Construct will open in September a new retail park in northern Bucharest, next to highway A3, following an investment of €15 million. 
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Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.

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