Colliers: Bucharest’s office market saw a record number of leasing deals in 2023, but deliveries were at their lowest level since 2015
Victor Coșconel, Head of Leasing | Office & Industrial Agencies at Colliers Uncertain times call for caution and that was evident in all aspects of the office market in 2023, a year characterized by mixed activity. Overall, total demand saw an increase of some 44% versus 2022, to around 400,000 square meters, easily surpassing the […]
Cognyte, a global leader in investigative analytics software, leases 1,600 square meters in U•Center 2, assisted by CBRE
Forte Partners announces the signing of an agreement whereby Cognyte, a global leader in investigative analytics software, has leased 1,600 square meters of office space, assisted by CBRE, in U•Center 2. ”U•Center 2 brings the right combination of features that will make it the ideal new home for Cognyte Romania,” said Razvan Duica, General Manager […]
tbi bank partners with Otto Broker to assist Romanians in purchasing their insurance, including RCA, in interest-free installments
Gergana Staykova, Market Leader, tbi tbi bank entered into a partnership with Otto Broker, through which customers may buy insurance via the Buy Now, Pay Later (BNPL) solution in 4 interest-free installments or 6-12 installments with interest. The easy-accessible BNPL solution enables consumers to spread the total cost of any acquisition in installments, without any […]
HelpShip expands operations with 5,300 sqm lease in CTPark Oradea Cargo Terminal
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased 5,300 sqm of warehouse at CTPark Oradea Cargo Terminal, Romania’s pioneering industrial park featuring an air cargo terminal, to HelpShip, a leading logistics solutions provider, part of euShipments.com’s group and logistics network. This strategic move […]
Alsin exceeds the 75% sales threshold in First Estates Pipera and is preparing a villa project with a market value of EUR 9 million
First Estates Pipera Romanian developer Alsin Management exceeded the 75% sales threshold in First Estates Pipera, the first residential project in Romania which will offer free heating to all its residents. The company will also start in the immediate period the development process of First Estates Villas, a premium project with 20 villas located in […]
QOOBISS business tripled in 2023, reaching 1 million euros
Ileana Comănescu, KYC Global Product Manager at QOOBISS QOOBISS, a fintech company focused on process automation and specializing in the development of remote identity verification solutions using video means, tripled its business in 2023, up to 1 million euros. The revenue growth occurred in the context of increased investments in the financial-banking, gambling, and eCommerce […]
Investment Holding V7 Capital expands management team with Eduard Burghelia
Eduard Burghelia V7 Capital Investment Holding, which specializes in supporting and developing Romanian startups and businesses, announces the expansion of its management team with the addition of Eduard Burghelia. After selling the financial analysis platform Confidas, the entrepreneur joins the investment holding as a Venture Partner, bringing valuable expertise in entrepreneurship and successful business scaling. […]
Redport Capital announces over 100 milion lei turnover in 2023
Cosmin Savu-Cristescu, Managing Director of Redport Capital Redport Group, founded in 2016 by Cosmin Savu-Cristescu, announces a turnover of over 100 million lei for the year 2023. Over the past few years, the company has secured a land portfolio of over 6 hectares in the Petrom City – Străulești – Dămăroaia area. Within the projects […]
P3 Logistic Parks completed transactions of over 170,000 square meters in 2023
P3 Bucharest A1 P3 Logistic Parks, a developer, owner, and manager of industrial European real estate concluded 2023 in Romania with transactions totalling more than 170,000 square meters in P3 Bucharest A1 industrial park – P3’s highest activity volume recorded in recent years, in the Romanian market. Approximately 40% of the leased space is occupied […]
Cushman & Wakefield Echinox: The modern stock of industrial and logistics spaces exceeded 7 million sq. m across the country
Andrei Brînzea, partner Land and Industrial Agency Cushman & Wakefield Echinox The modern stock of industrial and logistics spaces exceeded 7 million sq. m across the country at the end of 2023, almost 80% of the total stock being concentrated in 3 development regions – Bucharest – Ilfov, West and South-Muntenia. Projects with a total […]