ARTICLES LABELLED WITH TAG romania
07
Apr
2022
Apr
2022
Bucharest office stock reaches 3.27 million sqm in Q1 2022
The office market in Bucharest expanded by 73,500 sqm to a total stock of 3.27 million sqm at the end of the first quarter of 2022, while leasing activity expanded by 44% compared to the first quarter of 2021, according to CBRE.
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07
Apr
2022
Apr
2022
One United Properties buys land in Bucharest
Romanian developer One United Properties has purchased a land plot of 3,065 sqm for the extension of its residential complex One Lake Club, located on the shores of the Lake Tei in Bucharest.
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06
Apr
2022
Apr
2022
Romania's retail stock tops 4 million sqm by Q1 2022
Romania’s modern retail stock reached 4.02 million sqm at the end of the first quarter, with the new supply expanding by 19,500 sqm, according to a report by real estate consultancy CBRE.
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05
Apr
2022
Apr
2022
C&W Echinox to manage Funshop Park Timișoara
Property consultancy Cushman & Wakefield Echinox has taken over the management of Funshop Park developed by Polish company Scallier in Timișoara.
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04
Apr
2022
Apr
2022
Iulius to invest over €500 million in Cluj-Napoca
Romanian developer Iulius has announced a new urban regeneration project in Cluj-Napoca that will be jointly developed with Atterbury Europe following an investment of more than €500 million.
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04
Apr
2022
Apr
2022
Speedwell moves HQ to own project in Bucharest
Property developer Speedwell has leased 630 sqm in its own Miro office building, which it developed in northern Bucharest.
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04
Apr
2022
Apr
2022
Globalworth takes over CATTED industrial project in Bucharest
Property investor Globalworth has purchased a small business units logistics project previously developed by CATTED in Chitila, near Bucharest. Furthermore, the two companies will acquire a land plot of around 45,000 sqm in Ștefănești for a new logistics investment.
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01
Apr
2022
Apr
2022
Bucharest offers cheapest office rent among major European cities
Class A offices in Bucharest have some of the cheapest rents compared to other large European cities with strong business centres, according to a report by BNP Paribas Real Estate Alliance members.
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31
Mar
2022
Mar
2022
Property investments in Romania up 8.7% in past two years
Romania's commercial property market has remained liquid throughout the pandemic period, with total investment volumes reaching €1.83 billion over the 2020-2021 period, up 8.7% versus 2018-2019, according to a report by real estate consultancy Cushman & Wakefield Echinox.
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30
Mar
2022
Mar
2022
PPF Real Estate buys office construction site in Bucharest
Czech investor PPF Real Estate has purchased a construction site land with a building permit in Bucharest, for the development of a new office building named ARC from property developer RC Europe. The project is due for completion in 2024 following an estimated investment of €60 million.
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Latest news
- Optimism prevails in CEE real estate as geopolitical risk looms large
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- Hungary's residential market surges 32% in March
- Genesis Property gets green certification for Yunity Park building in Bucharest
- Arete sells Slovak industrial park to Erste fund
- ULI Poland invites market to conference on new balance of forces shaping real estate
- How is agentic AI turning into real estate’s new operating advantage
- NEPI Rockcastle looks beyond CEE for next phase of growth
- NEPI Rockcastle introduces new senior leadership team
- Penta Real Estate exceeds €2 billion in assets, expands in London
New leases
- Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
- Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.
- iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- 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.
