Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: " Romania " «

Hagag Development completes structure of 1st three buildings in H Pipera Lake

Real estate developer HAGAG Development Europe has completed the structure of the first three buildings related to the first phase of the large-scale residential project H Pipera Lake after having started in August 2019 . Construction works for buildings 4 and 5 reached ground floor. Out of the total number of apartments avai...
Friday, 22. May 2020

Skanska appoints new senior leadership team for CEE

Skanska’s commercial development business unit in Central and Eastern Europe is strengthening its strategic focus on customers and establishing a regional business value creation hub. At the same time it is centralizing the organization on the regional level with new Executive Vice Presidents responsible for business operatio...
Wednesday, 12. February 2020

Romanian real estate market remains solid

The Romanian real estate market is expected to continue displaying robust growth in 2020, but slower than record-setting paces seen in recent years, Colliers International consultants predict. With good potential to generate steady, long-term income, capital appreciation and significant diversification benefits, the real esta...
Friday, 24. January 2020

Colliers manages Skanskas Equilibrium

Colliers International Romania has been assigned to provide property management services for the first building of the Equilibrium office project, developed by Skanska in the Romanian capital, in the autumn of 2019. This is the 2nd mandate won by Colliers from Skanska, bringing the total portfolio managed by the company to al...
Thursday, 16. January 2020

Middle Eastern investor enters the Romanian real estate market

Corporate Finance House Group (“CFH”), a Middle Eastern investor, has acquired the holding structure owning Day Tower office building in Bucharest, developed by Dimitris Mourkakos of Day Group (the seller) and completed end of 2018. The investor was advised by Savills on its first investment in the country. The developer was...
Wednesday, 23. October 2019

Office deliveries in Bucharest could break the 300,000 sqm threshold

In the third quarter of 2019, 66,000 sqm of new modern office buildings came online in the Bucharest office market and there are big chances to break the 300,000 sqm threshold, according to Colliers International. The higher vacancy and infrastructure discrepancies will likely support a more thorough segmentation of the marke...
Wednesday, 23. October 2019

NEPI Rockcastle invests €70 million in Târgu Mureș shopping centre

NEPI Rockcastle will open a new shopping centre Shopping City Târgu Mureș at Calea Sighișoarei street in Târgu Mures in March 2020. The company invested €70 million, the biggest investment in the last period in the county of Mureș. Built on a court of 12,5 hectares, the new mall will have a rentable area of 40.000 m².
Tuesday, 8. October 2019

Hotel market in Bucharest reveals upward potential

With close to 2.0 million guests who generated more than 3.1 million overnights, Bucharest was able to register an unprecedented record in hotel demand, with a share of around 60% originating from international guests. Since the economic crisis in 2009, Bucharest was able to boast a strong recovery, especially in the past 5 y...
Monday, 30. September 2019

White Star acquires Liberty Technology Park from Fribourg

White Star Real Estate has completed the acquisition of the Liberty Technology Park in Cluj-Napoca from Fribourg Development. Liberty represents 18,000 square meters of former industrial buildings, redeveloped over the last six years by Fribourg into a modern, industrial feel office park.
Friday, 27. September 2019

JLL appoints Mateusz Polkowski Head of Research and Consulting for CEE

JLL has promoted Mateusz Polkowski to become Head of Research and Consulting for the Central and Eastern Europe region. At the same time, he will continue to lead a team analyzing the real estate market in Poland. Since his promotion, Mateusz Polkowski has been cooperating with JLL analysts in the Czech Republic, Slovakia, Ro...
Tuesday, 24. September 2019

Office space constrained across global markets

Against a global backdrop of diminishing business confidence and a weaker outlook for economic growth, a robust labour market in the world’s largest economies continues to underpin demand for office space with high employment levels prevalent across a number of major markets. Demand continues to be driven by the knowledge eco...
Tuesday, 20. August 2019

Romania gains momentum with high levels of investments

Over recent years, Romania has become one of Central Eastern Europe’s most attractive regions to start operations in. According to research by JLL, by the end of 2020 the country is expected to become the second largest economy in the CEE and continues to attract investors from all over the world – not only from Europe, but a...
Monday, 12. August 2019

Colosseum Centre secures €23m funding from Credit Europe Bank

Colosseum Centre, located in North-West Bucharest, has secured with Credit Europe Bank the funding required to develop the current stage of expansion, that is the shopping mall, with fashion, leisure and food brands. JLL România has advised the developer in obtaining the funding. The loan from Credit Europe Bank worth €23 mil...
Wednesday, 24. July 2019

Rented office space in Romania increased by 17.6% in H1 2019

The second quarter of 2019 reconfirmed the increased interest for office market in Romania. Over 115,000 square meters of office space were rented over this period at the national level, a value similar with that registered in the second quarter of 2018. In total, 239,500 square meters of office space were leased nationwide i...
Thursday, 11. July 2019

Netherlands-based MVGM acquires JLL's continental European property management

Dutch-based property manager MVGM and JLL have reached an agreement for MVGM to acquire JLL’s Continental European property management business, including some specialist shopping centre management teams and capabilities, creating a pure-play property manager with a pan-European footprint. The transaction is expected to close...
Thursday, 4. July 2019