ARTICLES LABELLED WITH TAG romania
30
May
2022
May
2022
Synergy Construct to open new retail park in Bucharest
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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27
May
2022
May
2022
Survey: Romanians want offices with leisure options
Romanians want offices where they have options for networking and interacting both at work and in their free time, a trend that is increasingly visible around the world, according to a survey commissioned by local developer Genesis Property.
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25
May
2022
May
2022
NEPI Rockcastle resi project in Bucharest reaches 35% sale rate
NEPI Rockcastle says it has reached a 35% sale rate for its first residential project in Bucharest in the first seven months of development.
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24
May
2022
May
2022
ELBI leases 15,000 sqm in P3 Bucharest A1
ELBI, the supplier of low power equipment, has leased 15,000 sqm in P3 Bucharest A1 and will start operating the warehouse in November 2022 following an investment of €3 million.
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23
May
2022
May
2022
AFI completes refurbishment of Bucharest office building
AFI Europe Romania has completed the refurbishment of all public areas within its AFI Lakeview office building in Bucharest following an investment of around €2 million.
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23
May
2022
May
2022
SIF Banat-Crișana’s Bucharest land purchase challenged in court
Tabogo Property, a company owned by Canadian investor Michael Topolinski, has challenged in court SIF Banat-Crișana’s purchase of a land plot in Bucharest. The financial company won the €33.59 million tender for Belvedere Cigarette Factory last week.
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23
May
2022
May
2022
Plaza Centers seeks damages from Romania in court
Property developer Plaza Centers is seeking €262.2 million in damages from the Romanian state, alleging that it recorded massive losses from the Casa Radio project in Bucharest. The company filed a complaint with the International Centre for Settlement of Investment Disputes (ICSID) in Washington.
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23
May
2022
May
2022
Bucharest-based Golden Tulip Victoria hotel sold
Hotel group Real Estate&Constructii, controlled by David Fattal, has completed the acquisition of Golden Tulip Victoria hotel in Bucharest, according to rhn.ro.
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20
May
2022
May
2022
Bucharest’s office vacancy rate at 16.5% in Q1 2022
The vacancy rate in Bucharest’s office market remained flat at 16.5% in the first quarter of 2022, similar to last year, although there is a growing gap between Class A projects and older buildings in areas with lower demand, according to real estate consultancy Colliers.
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20
May
2022
May
2022
Nordis Group adds new shareholders
Romanian developer Nordis Group has added Daniel Penciuc (left in picture) and Florin Poștoacă as shareholders, each with stakes of 5% in Nordis Management. Following the move, the group’s number of shareholders rose to six.
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Latest news
- Romania's office deal-making starts with best Q1 in decade
- Prologis lands 46,000 sqm Arvato warehouse BTS in Poland
- Łódź region sees second highest logistics demand in Poland during 2025
- Periskop Poland appoints new Managing Directors
- CEE firms increasingly redesign offices over hybrid work
- Gridarch delivers industrial facility in Ostrava
- Iulius and Atterbury start work on €550 million mixed-use scheme in Cluj
- Manova Partners tops €500 million in deal volumes during 2025
- Echo Group sells 2,800 apartments in Poland during 2025
- TVM Group expands warehouse network in Poland
New leases
- E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
- Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
- Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.
New appointments
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
- iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
