ARTICLES LABELLED WITH TAG romania

News - M Core enters Romania with €219 million retail park acquisition
07
Dec
2023

M Core enters Romania with €219 million retail park acquisition

by Property Forum
Pan-European commercial property collective, M Core, has officially launched into the Romanian market following the acquisition of 25 retail parks from Mitiska REIM in a deal worth  €219 million.
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News - Kempinki Hotels to start first project in Romania
05
Dec
2023

Kempinki Hotels to start first project in Romania

by Property Forum
Kempinski Hotels unveiled plans for its first 5-star hotel in Romania that will be developed in the Poiana Brașov mountain resort.
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News - FAN Courier leases 10,000 sqm in VGP Park Arad
05
Dec
2023

FAN Courier leases 10,000 sqm in VGP Park Arad

by Property Forum
Industrial and logistics developer VGP has leased 10,000 sqm in VGP Park Arad project to Romanian courier company FAN Courier. Following the latest lease deal, the industrial project has reached full occupancy for its first building.
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News - Groupe Atlantic to open plant in PWP Bucharest North
05
Dec
2023

Groupe Atlantic to open plant in PWP Bucharest North

by Property Forum
French HVAC supplier Groupe Atlantic will open its first Romanian manufacturing plant within the PWP Bucharest North project owned by Alinso in Ploiești. The group will invest around €60 million in the new facility that will be developed on a land plot of 145,000 sqm.
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News - Nusco Imobiliara sells 30% of homes in Bucharest project
05
Dec
2023

Nusco Imobiliara sells 30% of homes in Bucharest project

by Property Forum
Nusco Imobiliara has already sold 30% of the residential units comprising the second phase of urban regeneration project Nusco City, based in northern Bucharest.
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News - Topband Smart Europe inaugurates plant in CTPark Timișoara
04
Dec
2023

Topband Smart Europe inaugurates plant in CTPark Timișoara

by Property Forum
Topband Smart Europe, a Chinese maker of controllers for power tools, home appliances and BMS, has inaugurated its production capacity for the European market in CTPark Timișoara.
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News - HILS Development to start large mixed-use project in Bucharest
28
Nov
2023

HILS Development to start large mixed-use project in Bucharest

by Property Forum
Romanian developer HILS Development has announced the launch of a new mixed-use scheme in Bucharest that will include residential, office and retail components that will cover 180,000 sqm.
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News - Bucharest office leasing up 46% by Q3 2023
28
Nov
2023

Bucharest office leasing up 46% by Q3 2023

by Property Forum
The office leasing activity in Bucharest totaled 292,000 sqm in the first three quarters of 2023, up by 46% compared to the same period of last year, according to iO Partners data.
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News - Bucharest street ranked 50 out of most expensive retail locations in Europe
24
Nov
2023

Bucharest street ranked 50 out of most expensive retail locations in Europe

by Property Forum
Bucharest-based Calea Victoriei is the 50th most expensive main retail street out of 57 locations based in Europe, according to a Cushman & Wakefield report. On this ranking, Bucharest is behind Ljubljana, with a monthly rent of €55 per sqm.
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News - Accor and Construcții Erbașu expand hotel deal in Romania
24
Nov
2023

Accor and Construcții Erbașu expand hotel deal in Romania

by Property Forum
Hospitality group Accor and Romanian construction firm Construcții Erbașu have signed hotel management agreements for two new hotels in Bucharest and Oradea. The companies have also extended the current management agreement for ibis Styles Bucharest Erbas.
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Latest news


New leases

  • CTP has signed a lease agreement with Fabi Total Grup. The Romanian company, which specialises in the production and storage of professional cleaning agents, has taken approximately 4,700 sqm at CTPark Bucharest South.
  • The DigestMed medical centre, specialising in gastroenterology services, has opened a clinic spanning over 675 sqm within the Bucharest-based London Office Building, part of the EVO Properties multifunctional hub, following an investment of €1.5 million.
  • Focus Estate Fund has signed a new lease agreement with HalfPrice, the off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec, Poland.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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