ARTICLES LABELLED WITH TAG romania
17
May
2021
May
2021
Impact Contractor & Developer Q1 2021 sales up 71%
Romania's Impact Contractor & Developer says it recorded sales of RON 39.3 million (€7.9 million) in the first quarter of 2021, up 71% year-on-year, due to higher demand in the residential market.
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14
May
2021
May
2021
Colliers Romania tests real estate software robot
Real estate consultancy Colliers is testing the first intelligent software robot dedicated to the real estate industry in Romania. The company is using the Robotic Process Automation (RPA) technology developed by UiPath.
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13
May
2021
May
2021
EBRD invests €24.7 million in MAS’s real estate green bond
The European Bank for Reconstruction and Development has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real estate assets that focuses on CEE.
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13
May
2021
May
2021
Impact to start construction of Iași residential project
Impact Developer & Contractor will start the development of its first residential projects in Iași, eastern Romania, in the second half of this year.
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13
May
2021
May
2021
Radisson Blu Bucharest to get €24 million upgrade
Radisson Hotel Group has announced a €24 million investment program in Radisson Blu Bucharest Hotel, owned by Revetas Capital and Cerberus Capital Management, that will include the redesign of common spaces and the increase of the room count.
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13
May
2021
May
2021
Penny to invest €1 billion in Romania by 2029
Retailer Penny, part of Rewe Group, has announced a long-term investment program in Romania that includes the expansion of the store network and the development of logistics operations.
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13
May
2021
May
2021
Impact Developer & Contractor gets €13.3 million loan
Romanian Impact Developer & Contractor said it has secured two bank loans worth more than €13 million from Libra Bank to start new investments in the Greenfield residential project, located in northern Bucharest.
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12
May
2021
May
2021
UiPath founder seeks to buy stake in One United Properties
Romanian billionaire Daniel Dines, the founder of NYSE-listed automation software manufacturer UiPath, is reportedly looking to buy a minority stake in local real estate developer One United Properties before the company's planned IPO on the Bucharest Stock Exchange next month.
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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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Latest news
- Leroy Merlin expands to 48,500 sqm at CTPark Bucharest West
- Romanian retail deliveries slow down in Q1 2026
- Slovakia's industrial demand falls by over 50% in Q1 2026
- Strabag becomes general contractor for Speedwell's mixed-use scheme in Bucharest
- Czech investor enters Polish market with Pasaż Łódzki purchase
- Drees & Sommer acquires Polish ADC in CEE push
- Mendota Invest attracts two hotel operators in Ljubljana
- Ukraine's housing recovery: Donor support in action
- Pinsent Masons opens Warsaw office
- Administrative costs for Romanian offices to grow by 10% this year, says Colliers
New leases
- Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
- 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.
New appointments
- iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
- 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.
