Real Estate
C&W Echinox: Bucharest Office Market Demand Seen Growing 20-30% in 2021
Demand for office spaces in Bucharest will increase by 20-30% this year, as a significant part of the major tenants are actively evaluating options for space optimization, real estate consul...
JLL: One Million Sqm Modern Stock in the Development Pipeline for 2021
Developers on the local property market have over one million square meters of modern industrial, office and retail stock in the pipeline for 2021, real estate consulting company JLL said in...
US Insurer MassMutual Rents 1,700 Sqm of Office Space in Record Park in Cluj-Napoca
US insurer MassMutual has rented 1,700 square meters of class A office space, occupying the second floor of Record Park building in Cluj-Napoca, developed by Belgium’s Speedwell.
Colliers: Logistics & Industrial Dominated Real Estate Market in 2020
The logistics and industrial sector was the most dynamic real estate segment in 2020, with 72% growth in demand and nearly 784,000 square meters leases, real estate consultancy company Colli...
eMAG Seeks To Develop Industrial Park In Giurgiu County
eMAG, the largest online retailer in Romania, seeks to develop an industrial park in Joita locality (Giurgiu County), where it is building a logistics hub of 130,000 square meters, following...
XXXLutz Leases 6,000 Sqm in WDP's Logistical Park in NW Bucharest
Austrian furniture and home decor retailer XXXLutz has leased 6,000 square meters of storage in the logistical park developed by WDP in Dragomiresti, northwest of Bucharest.
CBRE Recruits Mihai Patrulescu from Colliers to Lead Investment Properties Department
Real estate consultancy company CBRE has recruited Mihai Patrulescu to lead the Investment Properties department of CBRE Romania, working closely with teams in Central and Eastern Europe.
C&W Echinox: Pandemic Pushes Logistical Demand and Development to New Records
The Romanian logistics and industrial market has accelerated its expansion in 2020 both in terms of demand, which neared the 1 million square meters mark, and deliveries of new spaces, which...
JLL Romania Expands Industrial Team, Puts Ciprian Sirbu in Charge of Supply Chain Services
Real estate consultancy company JLL Romania has recruited Ciprian Sirbu, former logistics manager at Vivre, to manage its Supply Chain Services business line, expanding its services on an in...