ARTICLES LABELLED WITH TAG romania

News - Office occupancy costs might decrease for many tenants
03
Dec
2020

Office occupancy costs might decrease for many tenants

by Property Forum
The occupancy costs of office spaces represent, on average, between 3- 4% of the turnover of services companies in Bucharest, and they may fall even below 2%, in some cases, according to an analysis by Cushman & Wakefield Echinox.
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News - One United builds new resi project in historic Bucharest location
03
Dec
2020

One United builds new resi project in historic Bucharest location

by Property Forum
One United Properties will develop a residential project in the Modrogan area, near Kiseleff Park and Aviatorilor Boulevard, a historic location within Bucharest.  
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News - Immofinanz sells 3 ha land in Brașov
30
Nov
2020

Immofinanz sells 3 ha land in Brașov

by Property Forum
Immofinanz has sold another 3 ha plot of the former IUS industrial platform in Brașov, to an undisclosed real estate developer. The price is estimated at around €7 million, according to economica.net.
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News - Liebrecht & wooD launches 25 ha resi project near Bucharest
30
Nov
2020

Liebrecht & wooD launches 25 ha resi project near Bucharest

by Property Forum
Belgian real estate developer Liebrecht & wooD has launched the Liziera de Lac residential project near Lake Tatarului, located in Calarasi county, southeast of Bucharest. The first residents will be able to move in Q4 2021.
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News - CTP buys Bucharest asset in leaseback transaction
30
Nov
2020

CTP buys Bucharest asset in leaseback transaction

by Property Forum
Businessman Dan Șucu has sold the logistics centre of furniture and decoration retailer Mobexpert, located near Bucharest, to developer CTP in a "sale-and-leaseback" transaction valued at about €14 million, profit.ro reports. Mobexpert will remain the long-term tenant of the building.
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News - Kaufland and Lidl to acquire 3 ha land plot in Bucharest
27
Nov
2020

Kaufland and Lidl to acquire 3 ha land plot in Bucharest

by Property Forum
SIF Banat - Crișana has agreed to sell approximately 3 ha of land at the site of the former Filan factory in the Pantelimon district of Bucharest to German retailers Kaufland and Lidl for about €12 million, profit.ro reports. This sum is 60% higher than what the fund paid for the property in 2019.
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News - Țiriac Imobiliare to go for WELL certifications
27
Nov
2020

Țiriac Imobiliare to go for WELL certifications

by Property Forum
Romanian developer Țiriac Imobiliare has appointed Colliers International to obtain the WELL Health-Safety certification for a mixed portfolio of projects, being the first developer in Romania to do so.
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News - 1,200 apartments to be built near Bucharest logistic centre
27
Nov
2020

1,200 apartments to be built near Bucharest logistic centre

by Property Forum
The Dutch investors that own the Eurocooling logistics centre in eastern Bucharest have applied for approval of a zoning plan for the development of a residential project, economica.net reports. The owners plan to build a residential complex with approximately 1,200 apartments.
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News - Fashion House to open second Romanian outlet in 2021
26
Nov
2020

Fashion House to open second Romanian outlet in 2021

by Property Forum
Retail outlet developer Fashion House Group plans to open its second outlet centre in Romania, Fashion House Pallady, on 25 March 2021.
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News - Bucharest’s Sheraton hotel to gain 100-room extension
26
Nov
2020

Bucharest’s Sheraton hotel to gain 100-room extension

by Property Forum
Grand Plaza Hotel, the company that owns the Sheraton Bucharest Hotel in the centre of the Romanian capital, plans to add around 100 rooms to the 270 existing ones by building a new section, economica.net reports. The cost of the project is estimated at €5 million.
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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