ARTICLES LABELLED WITH TAG Romania

News Resi prices expected to grow in Romania next year
07
Nov
2023

Resi prices expected to grow in Romania next year

by Property Forum
The increase of VAT to 9% will lead to a price increase, while buyers have a growing interest in green homes, concluded speakers of the residential panel of SEE Property Forum 2023, held in Bucharest recently.
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News One United Properties to develop office building in Bucharest for Infineon
06
Nov
2023

One United Properties to develop office building in Bucharest for Infineon

by Property Forum
Romanian developer One United Properties has signed a deal with German semiconductors maker Infineon Technologies for the development of a prime office building in northern Bucharest.  
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News Commercial property investment in Romania at €62.4 million in Q3 2023
06
Nov
2023

Commercial property investment in Romania at €62.4 million in Q3 2023

by Property Forum
Total investment transactions in Romania’s commercial property sector stood at €62.4 million in Q3 2023, with 32% of the total volume represented by sale-and-leaseback transactions, according to a CBRE report.
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News Average office lease size in Bucharest reaches 4-year high
06
Nov
2023

Average office lease size in Bucharest reaches 4-year high

by Property Forum
The average office transaction in the first nine months of 2023 stood at 1,810 sqm, which is the highest average of the past four years and close to the level of 1,900 sqm recorded in 2019, according to Cushman & Wakefield data.
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News IMPACT completes PV park in Bucharest resi project
02
Nov
2023

IMPACT completes PV park in Bucharest resi project

by Property Forum
Romanian developer IMPACT Developer & Contractor has completed a photovoltaic park in its Bucharest-based Greenfield Băneasa residential project. The company has invested around €2.75 million in the project that has a total capacity of 700 kWp.
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News More real estate projects slated for sale in Romania during 2024
02
Nov
2023

More real estate projects slated for sale in Romania during 2024

by Property Forum
Investors and bankers are interested in closing deals in the Romanian commercial property sector and we might see more projects with bigger discounts next year, concluded speakers of the transactions panel of SEE Property Forum 2023, held in Bucharest recently.
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News Hagag Development Europe starts its first retail project in Bucharest
31
Oct
2023

Hagag Development Europe starts its first retail project in Bucharest

by Property Forum
Hagag Development Europe has kicked off the construction works for the consolidation and repurposing of Știrbei Palace on Calea Victoriei. The building will be transformed into H Știrbei Palace, the company's first retail project in Bucharest.
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News Ahold Delhaize takes over Profi supermarket chain in Romania
30
Oct
2023

Ahold Delhaize takes over Profi supermarket chain in Romania

by Property Forum
Food retailer Ahold Delhaize, the owner of the Mega Image supermarket chain in Romania, has purchased the Profi supermarket chain from MidEuropa private equity fund, in a deal worth €1.3 billion.
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News Automotive drives 10-year industrial demand in Romania
26
Oct
2023

Automotive drives 10-year industrial demand in Romania

by Property Forum
The automotive industry had a share of 56% of the total demand for production spaces in industrial projects between 2013 and H1 2023, according to CBRE data.
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News Investors look to diversify in CEE markets
26
Oct
2023

Investors look to diversify in CEE markets

by Property Forum
Real estate investments continue despite the slowdown of the economy, with offices and industrial mentioned as some of the segments seeing increased demand and higher deal volumes, concluded speakers of the 2024 outlook panel hosted at the SEE Property Forum 2023 conference in Bucharest.
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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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