ARTICLES LABELLED WITH TAG Romania

News P3 secures lease expansion in Bucharest
16
Jul
2020

P3 secures lease expansion in Bucharest

by Property Forum
P3 Logistic Parks has signed a lease agreement with Interbrands Marketing & Distribution for 24,830 square meters of logistics and office space within P3 Bucharest A1 park. Interbrands has been a client of the park since 2006 and decided now to relocate to a larger warehouse that can accommodate Orbico Group's expansion operations in Romania. On this occasion, Interbrands also begins the implementation of an extensive logistics automation project in the new warehouse.
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News Iulius office building in Timișoara gets certified
16
Jul
2020

Iulius office building in Timișoara gets certified

by Property Forum
United Business Center 3 in Timișoara has become the only LEED ‘Platinum’ certified office building in Romania outside Bucharest and the third one in the country.
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News Speedwell secures building permit for Bucharest office project
16
Jul
2020

Speedwell secures building permit for Bucharest office project

by Property Forum
Speedwell has closed a significant deal with KPMG for office space lease at Miro, the company’s new project located in Băneasa, Bucharest. The project has marked a key milestone as it has just received its building permit and will welcome KPMG’s employees at the end of 2021. The office division of Knight Frank Romania was the consultant in the transaction.
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News Iulius to launch new retail concept
16
Jul
2020

Iulius to launch new retail concept

by Property Forum
20 years after opening its first shopping mall in Iași, Iulius is launching a new retail concept. Family Market is a concept that addresses the expectations and needs of people living in expanding residential areas. The first project of this type is proposed for Miroslava commune in Iași County and entails an investment upwards of €6 million.
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News Iulius starts €120 million regeneration project in Iași
09
Jul
2020

Iulius starts €120 million regeneration project in Iași

by Property Forum
Iulius Company is starting the construction works for Palas Campus in Iași, an investment upwards of €120 million. This will be one of the largest office buildings in Romania in terms of its total area, adding up to more than 60,000 sqm leasable space and it will consolidate the city centre as a destination that supports the evolution of local entrepreneurship and creative industries.
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News Globalworth secures over 25,000 sqm of leases
09
Jul
2020

Globalworth secures over 25,000 sqm of leases

by Property Forum
Globalworth's portfolio in Romania has been consolidated by the prolongation and extension of the lease contracts for a period of 3 - 11 years with key partners such as Adecco, Cegedim, Clinicile și Laboratoarele Sfânta Maria, Mazars and a major bank.
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News NEPI Rockcastle and AFI Europe start arbitrage over failed Romanian office deal
09
Jul
2020

NEPI Rockcastle and AFI Europe start arbitrage over failed Romanian office deal

by Property Forum
NEPI Rockcastle and AFI Europe initiated arbitration proceedings in connection with the disputed matter of the sellers requesting the purchaser to pay the €15 million contractual guarantee and the purchaser contesting the validity of the sellers’ claim and requesting specific performance of the disposal, NEPI Rockcastle announced.
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News Dedeman completes acquisition of Bucharest office complex
09
Jul
2020

Dedeman completes acquisition of Bucharest office complex

by Property Forum
Romanian DIY store operator Dedeman has acquired the third building of 80,000 sqm The Bridge office complex, developed by Forte Partners in Bucharest, thus completing a €200 million transaction started in 2018.
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News Accor to open new hotel next to Bucharest’s airport
09
Jul
2020

Accor to open new hotel next to Bucharest’s airport

by Property Forum
Accor has signed a management agreement with Alexandra Residence Design to open 144-room ibis hotel by the end of 2022. The newly signed hotel will be located near the future Terminal 2 of Henri Coandă International Airport in Bucharest. Est Hospitality Consulting is the consultant of the project until its official opening while Cumulus Architecture is responsible for the design.
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News Construction output set to drop across most of SEE
02
Jul
2020

Construction output set to drop across most of SEE

by Property Forum
The construction industry in most of Southeastern Europe will be bruised by the pandemic effects this year, causing a drop in construction outputs. The two exceptions are Croatia and Bulgaria where civil engineering could compensate for the losses elsewhere. Already in 2021, we are likely to see positive growth rates in all 5 countries, according to the Eastern European Construction Forecasting Association
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Latest news


New leases

  • The Media Expert electromarket chain has joined the ranks of tenants at the Big Łubna park. A 700 sqm outlet has opened in the shopping complex near Warsaw.
  • EPP-managed Power Park Kielce has strengthened its offer in the DIY and hobby segment. A multimarket of the Swedish Jula chain has opened in the facility with a total area of more than 1,700 sqm.
  • JLL and its company Tétris, which specialises in the design and arrangement of commercial interiors, have decided to relocate their Kraków office to the Unity Centre complex. The new office comprises 300 sqm and is located on the 16th floor of the building.

New appointments

  • CPI Property Group announced the appointment of Agnieszka Baczyńska, the current Head of Leasing Retail, to the newly created position of Business Excellence Director in Poland. She will be responsible for implementing the operational efficiency strategy and monitoring its progress, as well as supervising projects related to business transformation.
  • Marta Busłajew joined the 7R team as Head of Marketing and Communications, where she will oversee the development and execution of marketing and communication strategies aligned with 7R's growth plans.
  • Savills announced that Wojciech Mazur has joined the Office Agency - Landlord Representation. He will support commercial property owners in the processes of leasing.

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