Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners.
Investors originating from Belgium had the biggest share in Romania’s commercial property sector in the first eight months, according to a Fortim Trusted Advisors study.
Romania’s commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox.
Industrial developer WDP has secured a €250 million loan from the European Investment Bank (EIB) for investments in photovoltaic systems and electric vehicle charging stations across its portfolio.
Gijs Klomp, Business Development Manager at WDP Romania, talked to Property Forum about the company’s more than €90 million development pipeline on the local market and the outlook of the industrial sector on rents and new demand.
The estimated volume of new industrial deliveries in Romania is set to exceed 500,000 sqm in H2 2024, which would add to the existing stock of 7.1 million sqm.
Industrial developer WDP has purchased wholesale retail park Expo Market Doraly from ARA Europe and Romanian investor Gheorghe Iaciu for an undisclosed sum.
Industrial developer WDP has become the owner of a warehouse in Mioveni, near Pitești, following a sale-and-lease-back deal with SFC Solutions Automotive Romania, a producer of rubber profiles for the automotive sector.
North Gate, an A-class office building in the northern part of Warsaw, has gained another tenant. HaskoningDHV Polska has decided to lease ca. 1,000 sqm of space of the building. The property owner was represented in the transaction by Savills.
In mid-December 2024, the Zucca restaurant made its debut in the mixed-use Renoma building in Wrocław (southern Poland). The restaurant has an area of approximately 270 sqm.
MLP Group has signed a lease agreement with a company operating a network of padel centres in Poland. InterPadel will occupy approximately 2,800 square meters of modern space at MLP Business Park Poznań. The transaction was facilitated by MAXON Nieruchomości.
New appointments
Karol Klin joined the Cornerstone Investment Management team at the beginning of 2025, taking on the role of Commercial Director, Real Estate.
Sebastian Barandziak has been appointed as the new President of the Management Board of Euro Styl, a subsidiary of Dom Development Group. The existing board members, Magdalena Reńska and Jarosław Górski, have been appointed as vice presidents.
AG Capital has appointed Ivaylo Vatev as CFO. He has previously worked in management roles for Aurubis Germany and PwC.
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