ARTICLES LABELLED WITH TAG romania
11
May
2021
May
2021
Cargus invests €500,000 in a new warehouse in Buzău
Delivery firm Cargus has opened a new warehouse in Buzău, following an investment of €500,000, which will support its growing business volumes.
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11
May
2021
May
2021
Romanian 4-month property investments at €140 million
The volume of investments in Romania’s property sector exceeded €140 million in the first four months of 2021 due to a positive market sentiment, according to a report by real estate consultancy Crosspoint Real Estate.
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11
May
2021
May
2021
Globalworth buys two industrial parks in western Romania
Globalworth has announced the acquisition of two industrial projects in western Romania for almost €18 million. The company took over Industrial Park West Arad and Industrial Park West Oradea, with a total area of 27,000 sqm that is fully leased.
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11
May
2021
May
2021
Atenor sells Bucharest office complex to Adventum
Belgian real estate developer Atenor says it struck a deal to sell its Bucharest-based office project Hermes Business Campus to Adventum International, a Malta-based boutique investment fund manager and its partners for an undisclosed sum.
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10
May
2021
May
2021
Speedwell inks furniture supply deal with Rovere Mobili
Real estate developer Speedwell has concluded a partnership with Rovere Mobili that covers the residential projects The Ivy and Record Park in Bucharest.
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07
May
2021
May
2021
Prima Development Group invests €20 million in Bucharest
Real estate company Prima Development Group is investing €20 million in a residential project located in Timpuri Noi area, Bucharest’s emerging business hub.
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06
May
2021
May
2021
C&W Echinox: Bucharest office space usage at 50%
New office projects with a combined surface of 220,000 sqm will be delivered in Bucharest this year, up compared with the stock of 155,000 sqm that was finished during 2020, according to Cushman & Wakefield Echinox.
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05
May
2021
May
2021
Poland and Czech Republic remain the most liquid markets in CEE
Cushman & Wakefield has summarised the first quarter of 2021 in the CEE commercial real estate market. Investment volume at the end of the first quarter stands at €2 billion, down by around 20% compared to the same period in 2020.
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05
May
2021
May
2021
Romanian industrial market to add 600,000 sqm this year
The development of the industrial and logistics market remains strong in 2021 in terms of leasing transactions and deliveries of new projects. Demand for new spaces across Romania is driven by automotive and retail players.
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29
Apr
2021
Apr
2021
EBRD invests €67 million in VGP’s green bonds
The European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a €67 million ticket as part of an inaugural eight-year €600 million green bond issuance by VGP NV, a pan-European provider of logistics and semi-industrial real estate. EBRD’s investment will support the development of sustainable semi-industrial and logistics parks in Hungary, Latvia, Romania and the Slovak Republic.
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Latest news
- Skanska advances with second phase of H2Offices complex in Budapest
- Hubix invests in Timișoara mixed-use project
- Czech retail parks hit 15-year expansion high as locals shop closer
- Panattoni sells automated e-grocery hub near Warsaw for €30 million
- Check who’s shaping Czechia’s real estate market in 2026
- iO Partners launches workplace strategy platform
- Ares acquires Polish logistics portfolio from Savills IM
- LemonTree starts second phase of Lablogic Warsaw project
- Kingstone RE partners with Iroko for Polish expansion
- pbb provides €36m loan to AYA Properties Fund for Warsaw office deal
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.
