ARTICLES LABELLED WITH TAG romania

News - Housing market in Romania to post higher demand in 2024
14
Mar
2024

Housing market in Romania to post higher demand in 2024

by Property Forum
The residential market has a positive outlook this year, over favourable macroeconomic conditions and higher demand levels, especially expected to realise in H2 2024, according to a report by residential developer STC Partners.
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News - Bucharest sees fewer industrial lease deals in 2023
13
Mar
2024

Bucharest sees fewer industrial lease deals in 2023

by Property Forum
Around 38% of industrial rental demand came from Bucharest in 2023, down from 48% the previous year, according to Colliers data.
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News - Vastint starts second phase of Bucharest office project
13
Mar
2024

Vastint starts second phase of Bucharest office project

by Property Forum
Vastint Romania will start the development of the second phase of the Timpuri Noi Square project in Bucharest after it secured all permits. 
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News - NEPI Rockcastle retail development pipeline tops €650 million in 2024
12
Mar
2024

NEPI Rockcastle retail development pipeline tops €650 million in 2024

by Property Forum
NEPI Rockcastle has a development and refurbishment pipeline of more than €650 million in 2024 across Central and Eastern Europe (CEE), which is the biggest retail investment program in the region.
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News - Leroy Merlin leases 21,000 sqm of retail space in Bucharest
12
Mar
2024

Leroy Merlin leases 21,000 sqm of retail space in Bucharest

by Property Forum
DIY retailer Leroy Merlin has leased two retail spaces in Bucharest with a combined area of 21,000 sqm from the Supernova Group, in a deal brokered by Cushman & Wakefield Echinox.
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News - CTP names new Business Development Director in Romania
11
Mar
2024

CTP names new Business Development Director in Romania

by Property Forum
Industrial developer CTP has appointed Andrei Brînzea as Business Development Director in Romania as part of its growth strategy in the country.
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News - Sublease office stock in Bucharest at 67,400 sqm in 2023
07
Mar
2024

Sublease office stock in Bucharest at 67,400 sqm in 2023

by Property Forum
The office stock in Bucharest’s sublease niche totaled 67,400 sqm in 2023, while new transactions in this segment amounted to 5,856 sqm, according to an iO Partners report.
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News - Danubiu Enterprises to start retail investment near Bucharest
07
Mar
2024

Danubiu Enterprises to start retail investment near Bucharest

by Property Forum
Danbuiu Enterprises will start in Q2 2024 the development of A1 Shopping Center, a new retail project near Bucharest that will have a value over €10 million. The project is slated for completion in Q3 2025 and will target wholesale and cash & carry retailers.
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News - First ibis Styles hotel to open on Romanian seaside
05
Mar
2024

First ibis Styles hotel to open on Romanian seaside

by Property Forum
The first Ibis Styles hotel will open on the Romanian seaside this summer following a franchise agreement signed by Accor and Paradis Hotels & Resort, a company owned by Romanian entrepreneur Aurelian Marin.
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News - AFI Europe names new Head of Residential Division in Romania
05
Mar
2024

AFI Europe names new Head of Residential Division in Romania

by Property Forum
AFI Europe has appointed Luciana Giurea as the new Head of the Residential Division, tasked with overseeing all residential real estate projects – for rent or sale – in Romania. She will also drive the development of the division within the company.
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Latest news


New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.

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