ARTICLES LABELLED WITH TAG romania
16
May
2022
May
2022
One United Properties Q1 2022 turnover up 81%
Romanian developer One United Properties said its first quarter turnover gained 81% to €70.5 million compared to Q1 2021, while its gross profit rose almost fourfold to €42 million over higher residential sales and rental income.
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13
May
2022
May
2022
Imobiliare buys DSA Advisor in Romania
Imobiliare, the digital platform in Romania owned by Ringier Group, has taken over mortgage broker DSA Advisor in a bid to diversify its portfolio, for an undisclosed sum.
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13
May
2022
May
2022
Hagag to develop new resi project in Bucharest
Property developer Hagag Development Europe will invest over €20 million in H Primăverii 1, a new residential project comprising 18 apartments and 700 sqm of commercial spaces.
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10
May
2022
May
2022
Studium Green buys property portfolio in Romania
Romanian developer Studium Green has purchased a property portfolio from Immobiliare Italo Romena, a subsidiary of former Italian lender Veneto Banca, for an undisclosed sum.
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09
May
2022
May
2022
Scallier's Romanian portfolio to reach 11 retail parks
Polish developer Scallier will open new retail parks with a combined surface of more than 40,000 sqm in Timișoara, Turda and Vaslui throughout 2022, after completing its first two projects in the country.
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05
May
2022
May
2022
Romanian home prices increase in April
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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05
May
2022
May
2022
Romania's industrial market records strong demand
More than 50% of the industrial and logistics projects under construction in Romania are already pre-leased with leasing activity in Q1 2021 rising by 50% to over 300,000 sqm compared to the same quarter of 2021, according to a report by Cushman & Wakefield Echinox.
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03
May
2022
May
2022
Anchor Grup kicks off new resi project in Bucharest
Anchor Grup has kicked off the development of Select Residences, a new residential complex that will be developed in Bucharest following an investment of €40 million.
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03
May
2022
May
2022
Tech drives Q1 office leases in Romania
Companies in the IT&C sector had a share of 32% in Bucharest’s office lease market in Q1 and generated 93.6% of new leasing transactions in regional cities such as Cluj-Napoca, Iași, Timișoara and Sibiu.
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02
May
2022
May
2022
Primark to open store in AFI Cotroceni
Irish fashion retailer Primark will open a new store in AFI Cotroceni, the shopping mall owned by AFI Europe in Bucharest.
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Latest news
- CTP invests over €4 million in IQ Ostrava renovation
- Nhood completes sale of eight Polish shopping centres to Adventum Group
- Panattoni inks 12,500 sqm lease deal with Fabryka Kart Trefl-Kraków
- Falling rates draw investors to CEE. They must hurry as prime city centre sites run out
- Prologis targets 178,000 sqm of new Czech developments in 2026
- Gránit AM completes first phase of Alkotás Point renovation
- Romania's green building certifications top 4.6 million sqm in 2025
- CEE property investment climbs 24% above 5-year average in 2025
- German group Ireks buys land near Bucharest for HQ
- BTR Group to manage Prague resi rental project for Reico
New leases
- A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
- Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
- Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.
New appointments
- Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
