ARTICLES LABELLED WITH TAG Romania

News Real estate remains one of the least digitised sectors
19
Aug
2024

Real estate remains one of the least digitised sectors

by Ákos Budai
Bogdan Nicoară, CEO of Bright Spaces, talked to Property Forum about the startup’s plan to operate in eight markets by year-end and the diversification of its digitalisation platform for real estate companies. He also mentions some of the main trends shaping the proptech industry.
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News HILS Development posts 28% resi sales growth in H1 2024
14
Aug
2024

HILS Development posts 28% resi sales growth in H1 2024

by Property Forum
Romanian developer HILS Development has announced a 28% increase in residential sales during H1 2024 compared to the same period of last year, while revenue was up 25% year-on-year. 
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News Bucharest mayor to issue traffic permits for new property developments
12
Aug
2024

Bucharest mayor to issue traffic permits for new property developments

by Property Forum
Bucharest’s Mayor Nicușor Dan has announced that he will be tasked with issuing traffic permits for new Urban Zoning Plans (PUZ), Urban Developing Plans (PUD) and construction authorizations.
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News Investment in Romania's regional cities shows upward trend
09
Aug
2024

Investment in Romania's regional cities shows upward trend

by Ovidiu Nicolae
Lavinia Ioniță Rasmussen, Partner at NNDKP’s Real Estate practice, spoke with Property Forum about the acceleration of commercial and residential development in regional cities and the potential of the local market to offer higher returns for property investors compared to other countries in the region.
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News Romania ranks third in CEE on commercial investments H1 2024
08
Aug
2024

Romania ranks third in CEE on commercial investments H1 2024

by Property Forum
Romania’s commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox. 
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News Romania ranks among cheapest resi markets in Europe
07
Aug
2024

Romania ranks among cheapest resi markets in Europe

by Property Forum
The average price of new homes in Romania amounted to €1,504 per sqm in 2023, which was the third lowest price in Europe, behind Bosnia and Herzegovina and Greece, according to a Deloitte report. 
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News Bucharest’s short-term rental industry totals €24 million in H1 2024
07
Aug
2024

Bucharest’s short-term rental industry totals €24 million in H1 2024

by Property Forum
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report. 
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News One United Properties posts slight growth of resi sales in H1 2024
07
Aug
2024

One United Properties posts slight growth of resi sales in H1 2024

by Property Forum
Romanian developer One United Properties says its volume of sold and pre-sold residential units, parking spaces and commercial spaces amounted to around €123.8 million during H1 2024. This result is up by 2.5% compared to the same period of last year. 
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News Hili Properties buys remaining stake in Bucharest office building
06
Aug
2024

Hili Properties buys remaining stake in Bucharest office building

by Property Forum
Hili Properties, the real estate arm of Hili Ventures, has successfully secured the remaining 25% shareholding of the company which owns the MIRO office building in northern Bucharest. 
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News Traditional property investors are turning to renewable energy
05
Aug
2024

Traditional property investors are turning to renewable energy

by Ovidiu Nicolae
Roxana Frățilă, Partner, Head of Real Estate & Construction at CMS, spoke to Property Forum about the key deals closed in the retail market in 2023 and accelerating investment in renewable energy.
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Latest news


New leases

  • JD Group-owned brands JD Sports and Sizeer are strengthening their presence in EPP-managed shopping centres. The group's latest agreements and extensions covered a total of nearly 1.7 thousand sqm - in Kalisz's Galeria Amber, Kielce's Galeria Echo and Szczecin's Galaxy.
  • Poznan's Galeria Panorama, which the Balmain Group is commercialising, has expanded its portfolio with the addition of an Action brand store, a Dutch non-food discount chain. The Action store has taken over 1,000 sqm of space.
  • BWF Poland, a manufacturer of textile filter materials and plastic products, has leased 2,400 sqm of warehouse and office space at the Silesian Logistics Centre BIK Sosnowiec III (southern Poland).

New appointments

  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.
  • Paulina Petynka has joined the team of Yareal Polska, taking on the position of Leasing Director. She has more than 20 years of professional experience.

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