ARTICLES LABELLED WITH TAG romania

News - Genpact renews 29,000 sqm office lease in Bucharest project
02
Feb
2024

Genpact renews 29,000 sqm office lease in Bucharest project

by Property Forum
Genpact Romania, a provider of professional services firm, has extended its lease in Bucharest-based Hermes Business Campus, owned by Adventum Group, until 2032.
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News - AmCorp to invest €41 million in homes near Bucharest
01
Feb
2024

AmCorp to invest €41 million in homes near Bucharest

by Property Forum
AmCorp will invest around €41 million in two residential projects located in Crevedia and Domnești, near Bucharest, while looking to expand its land bank.
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News - P3 leases 170,000 sqm in Romania during 2023
01
Feb
2024

P3 leases 170,000 sqm in Romania during 2023

by Property Forum
P3 Logistic Parks recorded in Romania industrial lease deals with a combined surface of more than 170,000 sqm during 2023 in P3 Bucharest A1 industrial park, with occupancy rates driven by retail and logistics companies.
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News - Redport Capital to develop 2,000 apartments in Bucharest
01
Feb
2024

Redport Capital to develop 2,000 apartments in Bucharest

by Property Forum
Romanian developer Redport Capital will start construction this year for the first phase of the urban regeneration project Infinity Nord that will be delivered in several stages by 2030.
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News - Romania’s industrial market hits 7 million sqm milestone
31
Jan
2024

Romania’s industrial market hits 7 million sqm milestone

by Property Forum
The industrial and logistics market in Romania reached a stock of 7 million sqm at the end of 2023, with another 500,000 sqm under development across the country, according to data by Cushman & Wakefield Echinox.
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News - Arcese leases 10,500 sqm in CTPark Bucharest West
25
Jan
2024

Arcese leases 10,500 sqm in CTPark Bucharest West

by Property Forum
Logistics operator Arcese Group has leased 10,500 sqm in CTPark Bucharest West in a bid to meet growing demand from the automotive industry.
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News - Retail deliveries reach 7-year high in Romania during 2023
22
Jan
2024

Retail deliveries reach 7-year high in Romania during 2023

by Property Forum
Romania saw 11 new retail projects completed last year, with a combined leasable area of 215,000 sqm, sending the market to a 7-year high in terms of deliveries, according to a Cushman & Wakefield Echinox report.
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News - Average property deal in Romania at €21.5 million in 2023
22
Jan
2024

Average property deal in Romania at €21.5 million in 2023

by Property Forum
While the total investment volume in Romania’s commercial property sector fell by around 60% to around €500 million in 2023 year-on-year, the average transaction amounted to €21.5 million of the 23 investment deals tracked by Crosspoint Real Estate.
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News - Petre Niculae invests €40 million in Bucharest resi project
22
Jan
2024

Petre Niculae invests €40 million in Bucharest resi project

by Property Forum
Romanian entrepreneur Petre Niculae, the owner of several construction and real estate companies, has recently started the construction of a new residential complex in Bucharest that will feature 750 apartments.
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News - Hagag drops office purchase in Bucharest
19
Jan
2024

Hagag drops office purchase in Bucharest

by Property Forum
Hagag Development Europe has withdrawn from negotiations with SNC-Lavalin for the purchase of an office building in Bucharest, in a deal estimated to have reached over €8 million.
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Latest news


New leases

  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
  • Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.
  • iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.

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