ARTICLES LABELLED WITH TAG Romania

News Vastint Romania prepares for further development
22
Aug
2019

Vastint Romania prepares for further development

by Property Forum
Timpuri Noi Square, Vastint Romania’s first project, reaches an occupancy rate of 90% within the 3 buildings situated in Bucharest, leasing more than 47.000 sqm, and welcomes since last year tenants like Bolt (formerly Taxify), Allergan, Exiger and Streamwide, developing a community of more than 3,000 employees.
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News 2019 to be a record year for Bucharest’s office market
22
Aug
2019

2019 to be a record year for Bucharest’s office market

by Property Forum
The Bucharest office market could have a record year in terms of deliveries in 2019, provided that all the announced projects are finalized on time, a scenario in which modern office spaces with a total area of ​​about 377,000 square meters will have been delivered in the capital city, according to data from Cushman & Wakefield Echinox.
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News Romania’s industrial stock exceeds 4 million sqm
22
Aug
2019

Romania’s industrial stock exceeds 4 million sqm

by Property Forum
Romania’s modern industrial stock exceeded the 4 million sqm during the first semester of 2019, since a new supply of 240,000 sqm was brought on the market and by the end of 20202 approx. 1 million sqm are expected to be delivered, according to the latest research report by CBRE Romania.
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News Romania gains momentum with investors
22
Aug
2019

Romania gains momentum with investors

by Property Forum
Over recent years, Romania has become one of Central Eastern Europe’s most attractive regions to start operations in. According to research by JLL, by the end of 2020 the country is expected to become the second largest economy in the CEE and continues to attract investors from all over the world – not only from Europe, but also those from South Africa, the USA and China.
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News Investors to start looking at hotels in Romania
14
Aug
2019

Investors to start looking at hotels in Romania

by Property Forum
The investment volume in H1 2019 amounted to almost €410 million on the Romanian market, a 6% increase compared to the similar period of last year, when the corresponding figure for investment transactions was of €386 million, according to Cushman & Wakefield Echinox calculations and estimates.
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News Mall openings in Romania to accelerate in 2019
14
Aug
2019

Mall openings in Romania to accelerate in 2019

by Property Forum
Delivery of retail space will accelerate in the second half of the year, when approximately 150,000 square meters will be delivered in several cities in the country with new deliveries in Bucharest amounting for 35,000 square meters, according to the H1 Romania Retail MarketBeat report, realized by  Cushman & Wakefield Echinox.
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News Hagag breaks ground on its largest Bucharest project
14
Aug
2019

Hagag breaks ground on its largest Bucharest project

by Property Forum
Real estate developer Hagag Development, part of Hagag Group Israel, breaks ground on its largest residential project to be developed in Romania: H Pipera Lake. Out of the total number of 390 apartments to be delivered in the first phase, 45% have already been sold.
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News Retail developers focus on regional cities in Romania
08
Aug
2019

Retail developers focus on regional cities in Romania

by Property Forum
The total modern retail stock in Romania, which includes both retail parks and shopping centres, has reached approximately 3.7 million sqm in the first half of 2019 and around 130,600 sqm are expected to be brought on the market by the end of the year, according to CBRE's latest research report.
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News CBRE manages development of factories in Romania
31
Jul
2019

CBRE manages development of factories in Romania

by Property Forum
Over the past five years CBRE, through the Building Consultancy Division, has managed the building projects of three production units in Romania with a surface area of approximately 50,000 sqm that totals customer investment of over €100 million.
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News Colliers becomes PM of Cluj-Napoca office building
25
Jul
2019

Colliers becomes PM of Cluj-Napoca office building

by Property Forum
Colliers International Romania has been assigned to provide property management services for the office complex The Office in Cluj-Napoca, owned by Dedeman, the DIY store chain who marked their entrance on the real estate market in 2018 by acquiring The Bridge offices in Bucharest. Thus, the total portfolio managed by Colliers reaches almost 500,000 sqm: 210,000 sqm are located outside Bucharest, out of which over 100,000 sqm represent offices only.
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Latest news


New leases

  • The tenants of Galeria Panorama in Poznań are being joined by the Tedi brand. The shop occupies an area of 820 sqm.
  • SEGRO has extended the lease agreement with CAT LC Polska at SEGRO Park Warsaw, Ożarów. The logistics operator's total area in this location amounts to more than 21,400 sqm, spread across three buildings.
  • Sphinx - a restaurant chain offering Middle Eastern-inspired cuisine - has opened its 250 sqm unit in a new food court building constructed in the BIG Lubin retail park (southwestern Poland).

New appointments

  • Emil Domeracki joins Walter Herz as a partner and shareholder. He will be responsible for strategic initiatives, as well as business planning and development in the area of land investment.
  • Tomasz Michalczyk has taken on the Head of Office Agency role at Axi Immo advisory agency. He will manage the team, acquire and advise key clients on the office market.
  • Hungarian construction player Óbuda Group has announced the appointment of two new Deputy CEOs. Gábor Horváth will lead the project management division, while Ottó Vörös will oversee operations. Horváth brings 35 years of experience in the construction industry, while Vörös has over two decades of management and financial experience in real estate management.

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