ARTICLES LABELLED WITH TAG romania
25
Nov
2021
Nov
2021
CA Immo considers sale of entire Romanian portfolio
The Management Board and Supervisory Board of CA Immo have decided to start evaluating all strategic options for the core market of Romania, including a potential sale of the entire portfolio. The company published its interim results for Q1-Q3 2021.
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25
Nov
2021
Nov
2021
New office deliveries in Bucharest up 24% in Q1 – Q3 2021
New office spaces with a combined surface of 153,900 sqm have been delivered in the first nine months in Bucharest, of which 107,900 sqm in Q3 alone, according to real estate consultancy JLL Romania. Total deliveries were up 24% year-on-year.
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25
Nov
2021
Nov
2021
Forty Management plans new residential projects worth €310 million
Romanian developer Forty Management plans to start new residential projects covering 138,000 sqm with a market value of more than €310 million. The investments are in various permitting stages.
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25
Nov
2021
Nov
2021
Auchan added in Iulius’ Family Market projects in Iași
Romanian developer Iulius says that retail operator Auchan will have anchor supermarkets in the Family Markets projects developed near Iași.
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23
Nov
2021
Nov
2021
Success in retail will polarize around extremes
The pandemic has already shaped shopping habits and will continue to do so, mainly because of the strong impact it has had and is having at a psychological level, shifting personal priorities. Sebastian Mahu, Head of Asset Management, IULIUS Company talked to Property Forum about the trends driving Romania’s retail market and shared the developer’s plans for the future.
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23
Nov
2021
Nov
2021
Cushman & Wakefield Echinox names new PR & Research Director
Real estate consultancy Cushman & Wakefield Echinox has appointed Cristina Lupașcu as PR & Research Director. She has close to 20 years’ worth of experience in the media and real estate sectors.
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23
Nov
2021
Nov
2021
Residential sales in Romania surge 65% on 10 months
The number of residential units sold in Romania in the first 10 months of 2021 increased by 65% to more than 150,000 individual units compared to the same period form 2021, according to official data from the National Agency of Cadastre and Real Estate Advertising.
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22
Nov
2021
Nov
2021
MLP Group releases three-year strategic goals
MLP Group has released its strategic goals to be met within the next three years to 2024. In line with the strategic plan, the period will see the company’s equity, or net asset value (NAV), double from €387 million in 2021 to €823 million at year end 2024. Significant growth in NAV is expected in 2022, driven mainly by the development of new projects in Germany and Austria, already fully secured.
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19
Nov
2021
Nov
2021
Nordis Group stars second phase of Mamaia project
Romanian Nordis Group has kicked off the development of the second phase of Mamaia 5***** project with hotel and residential components.
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19
Nov
2021
Nov
2021
One United buys controlling stake in Bucharest shopping centre
Romanian developer One United Properties says it will take over a majority stake in Bucur Obor, a shopping centre based in Bucharest.
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Latest news
- Shopper Park Plus closes Polish retail park deal
- 7R enters Germany with €200 million investment partnership
- Capturing yield in CEE: Gránit AM’s playbook for the next market cycle
- Accor to open new Mercure hotel in Craiova
- Świecie unveils masterplan for Teutonic Castle revival
- Big Poland acquires retail park in Dzierżoniów
- Star Invest launches €12 million capital raise for office deal in Bucharest
- LCN exits Croatian Konzum grocery store portfolio
- Why are Baltic investors increasingly looking at Poland?
- B+N Group rebrands as Liwo Group for European expansion
New leases
- The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
- REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
- RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.
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.
