ARTICLES LABELLED WITH TAG romania
22
Jan
2024
Jan
2024
Retail deliveries reach 7-year high in Romania during 2023
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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22
Jan
2024
Jan
2024
Average property deal in Romania at €21.5 million in 2023
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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22
Jan
2024
Jan
2024
Petre Niculae invests €40 million in Bucharest resi project
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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19
Jan
2024
Jan
2024
Hagag drops office purchase in Bucharest
Hagag Development Europe has withdrawn from negotiations with SNC-Lavalin for the purchase of an office building in Bucharest, in a deal estimated to have reached over €8 million.
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18
Jan
2024
Jan
2024
Property investments in Romania could hover around €500 million in 2024
The investments transaction market in Romania totaled around €500 million in 2023, down from a record of more than €1.2 billion in the previous year, in line with lower deal volumes that have been recorded across region and the major international markets, according to a Colliers Romania report.
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18
Jan
2024
Jan
2024
Transilvania Construcții delivers logistics park in Bacău
Romanian developer Transilvania Construcții has completed a new logistics park spanning close to 25,000 sqm in Bacău. With this newly delivered project, the company’s industrial and logistics portfolio has reached 250,000 sqm.
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17
Jan
2024
Jan
2024
Forte Partners gets LEED certification for Bucharest office
Romanian developer Forte Partners has obtained the LEED v4 Platinum certification for its U•Center 2 office building based in Bucharest.
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16
Jan
2024
Jan
2024
Mortgage costs in Romania rank among most accessible in EU
Home buyers in Romania have among the lowest instalment payments for mortgages across the EU, according to a SVN Romania report.
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11
Jan
2024
Jan
2024
Property investors look to expand Romanian portfolios
The Romanian property market remains attractive for investments, with 65% of investors surveyed by Cushman & Wakefield Echinox saying they are looking to expand their presence in the local market.
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11
Jan
2024
Jan
2024
Commercial land deals fall in Romania during 2023
The volume of commercial land sales in Romania excluding the industrial segment fell by less than 10% to €450 million during 2023 compared to the previous year, according to a Colliers report.
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Latest news
- Shopping parks to dominate new retail supply in Poland
- CPI Europe sees soaring profit in 2025
- Catella’s Head of Strategy: Europe holds its ground amidst global uncertainties
- Mitiska REIM secures €44 million financing for Polish retail project
- Slovak investment market looks resilient going into 2026
- CA Immo returns to strong profit in 2025
- RRG secures €7.8 million funding for resi project in Bucharest
- Czech regional office development slows over pivot to resi
- Industrial rents hit five-year low in Pilsen, Ostrava
- Indotek Poland names new Board Member
New leases
- 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.
- The Chief Inspectorate for Environmental Protection has leased 4,600 sqm of office space in the refurbished HOP building, part of the Syrena Real Estate portfolio, in Warsaw. The company has been operating from its new address since January 2026.
- Bel-Pol, a leading provider of flooring and doors, has leased more than 5,600 sqm of logistics and office space at Panattoni Park Warsaw North III. Axi Immo provided comprehensive tenant representation throughout the 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.
