ARTICLES LABELLED WITH TAG romania

News - CTP starts construction of cargo terminal in Oradea
08
Jun
2022

CTP starts construction of cargo terminal in Oradea

by Property Forum
Industrial developer CTP has started the construction of CTPark Oradea Cargo Terminal, the first industrial park with an air cargo terminal in Romania. The project is located close to Oradea Airport and the Eurobusiness II industrial park.
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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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Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.

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