ARTICLES LABELLED WITH TAG Romania

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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News Property investments in Romania could hover around €500 million in 2024
18
Jan
2024

Property investments in Romania could hover around €500 million in 2024

by Property Forum
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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News Transilvania Construcții delivers logistics park in Bacău
18
Jan
2024

Transilvania Construcții delivers logistics park in Bacău

by Property Forum
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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Latest news


New leases

  • Piotr Kalisz has joined Knight Frank Polska, where he will take over the management of the Tenant Representation Department in Warsaw.
  • 7R Park Poznań West has been fully leased. The latest tenants are Still, a supplier of forklifts and warehouse technology, and Cycle, a company offering services for electric bicycles. Both companies will occupy a total of 6,800 sqm of space.
  • Eurocash Group is staying at the Warsaw office complex Diuna from the portfolio of PineBridge Benson Elliot and Syrena Real Estate for the next few years.The company has signed an agreement to lease four floors in Building A, totalling nearly 4,600 sqm of space.

New appointments

  • Polski Związek Firm Deweloperskich (Polish Association of Property Developers) elected new authorities at its general meeting in Katowice. Maciej Wandzel was elected chairman of the board. He will replace Grzegorz Kiełpsz, who became honorary president of the PZFD.
  • Piotr Herian has taken up the position of ISS CFO for Poland and the Baltics. ISS is a leading company in the creation of friendly workplaces and comprehensive facilities management.
  • Paulina Strutyńska has been promoted to the position of Leasing & Asset Director at Skanska’s commercial development business unit. She is now responsible for leasing processes in the Warsaw market as well as Key Customer Management. Agnieszka Krawczyk-Rogowska is responsible for project commercialization and client liaison in Gdańsk, Kraków, and Bucharest, while Marek Stasieńko is responsible for the Wrocław, Poznań, and Łódź markets.

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