ARTICLES LABELLED WITH TAG Romania

News Asian investors look at Romanian properties
13
Mar
2019

Asian investors look at Romanian properties

by Property Forum
The local real estate market has begun to attract the attention of major Asian investors, as groups from China and South Korea are exploring the potential to invest directly in the primary commercial markets. It is feasible that the first transaction could occur by the end of this year, according to Cushman & Wakefield Echinox consultants.
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News GLL puts Bucharest office building up for sale
08
Mar
2019

GLL puts Bucharest office building up for sale

by Property Forum
GLL Real Estate Partners has put the Floreasca Park office project up for sale. The office building is located in the northern part of Bucharest.
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News Globalworth starts new office project in Bucharest
08
Mar
2019

Globalworth starts new office project in Bucharest

by Property Forum
Globalworth has started the construction of its new office project, Globalworth Square. The project it located in the Barbu Văcărescu area, in Bucharest's busiest office hub, between Globalworth Plaza and Green Court, both owned by Globalworth.
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News AFI Europe’s parent-company changes owners
08
Mar
2019

AFI Europe’s parent-company changes owners

by Property Forum
Africa Israel Investments, an international holding and investments company based in Israel, sold the controlling stake in Africa Israel Properties (AIP), the parent-company of AFI Europe.
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News MAS Real Estate to buy €113 million portfolio in Romania
08
Mar
2019

MAS Real Estate to buy €113 million portfolio in Romania

by Property Forum
MAS Real Estate has entered into an agreement with PKM Developments, a joint venture with its peer Prime Kapital, to buy a property portfolio consisting of nine shopping value centres in Romania for €112.97 million. The centres are being held by PKM Developments through three subsidiaries - PK Black, PK Indigo and PK Red.
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News Hagag to start residential project in central Bucharest
21
Feb
2019

Hagag to start residential project in central Bucharest

by Property Forum
Israeli developer Hagag Development Europe has received the building permit for the Victoriei 139 residential project which will see the transformation of an old building located on Calea Victoriei in central Bucharest.
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News WDP builds 60,000 sqm warehouse for Pirelli in Romania
21
Feb
2019

WDP builds 60,000 sqm warehouse for Pirelli in Romania

by Property Forum
WDP will be constructing a new 60,000 sqm warehouse for Pirelli in Slatina, Romania as part of an expansion of the tyre manufacturer’s existing production facility. WDP projects an investment of some €40 million for this development.
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News Globalworth completes Renault’s new Bucharest HQ
21
Feb
2019

Globalworth completes Renault’s new Bucharest HQ

by Property Forum
One and a half years after starting work on the site in the western part of Bucharest, Globalworth has finalised the construction of Renault Bucharest Connected (RBC). The project includes 40,000 sqm of Class A offices, served by an underground level with approximately 240 parking spaces, with a further 760 spaces outdoors. Renault Bucharest Connected includes an 8,000 sqm design centre, and the employees who work there will benefit not only from a 350 seat amphitheatre but also other facilities such as a restaurant, gym and a medical office.
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News Developers to deliver 1.2 million sqm of new space in Romania
21
Feb
2019

Developers to deliver 1.2 million sqm of new space in Romania

by Property Forum
The local real estate market has entered a new year of development on all its major segments, as developers plan to deliver industrial, retail and office spaces with a cumulated area of 1.2 million square meters, a new market record. In comparison, new spaces of around 850,000 square meters were delivered in 2018, according to data from Cushman & Wakefield Echinox.
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News FM Logistic opens €20 million warehouse in Romania
21
Feb
2019

FM Logistic opens €20 million warehouse in Romania

by Property Forum
French logistics and transport services provider FM Logistic has opened a €20 million dedicated cold storage warehouse in Bucharest to meet demand from the growing pharma and healthcare industry in Romania.
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Latest news


New leases

  • Raben Logistics has leased 3,500 sqm in ELI Park Bacău in a bid to streamline its distribution operations in Romania.
  • The largest salon of the Ochnik brand in the Podkarpacie region of Poland was opened in the Plaza Rzeszów Shopping Centre. The store occupies an area of over 430 sqm.
  • TRS Warehouse leased 2,500 sqm of warehouse space at Panattoni Park Tricity East I for its operations in northern Poland. Newmark Polska provided assistance in market analysis and lease negotiations.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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