LPP brings the brands Reserved, Mohito, Cropp, and House to Iulius Mall

LPP, the largest fashion company in Central and Eastern Europe, is accessing Iulius Mall Suceava with four highly anticipated brands. The main shopping and entertainment destination in the north of Romania is completing its offer with Reserved, Mohito, Cropp and House, as part of the expansion project set to bring premiering brands and concepts in the first half of this year. The four stores will span a total area upwards of 3,100 sqm.

LPP is the largest fashion company in Central and Eastern Europe, with 2,275 stores in 39 markets (stationary stores in 28 countries, and online in 34).
The expansion of Iulius Mall Suceava, to be completed in the first half of this year following a EUR 40 million investment, addresses the community’s appetite for access to the latest shopping concepts, modern experiences and renowned brands available at affordable price points.

Upon completion of the Iulius Mall Suceava expansion, customers will have access to a 60,000 sqm area for shopping, with new international brands for the first time in the region, drive-thru restaurants, coffee shops, a gym, and various other leisure options. Other novelties featured in the project include green spaces, new access routes, as well as increasing the available parking capacity upwards of 2,400 parking spaces.

Stock.estate: Romanians’ appetite for investment is growing considerably

Licensed in autumn 2023 by the ASF and launched for trading in January 2024, Stock.estate reports strong results one year after the first transaction on the platform. Basically, around 15% of Stock.estate users have become investors in local real estate products.

Stock.estate is a crowdfunding platform – the first of its kind authorized by ASF in Romania and the only locally operational platform. The objective of Stock.estate is to offer investors the opportunity to invest in the real estate sector in the amount they have available, with a minimum amount of 100 euros. The investment in the Stock.estate platform amounts to more than half a million euros so far.

“We are still a nascent culture in terms of investment tools, it’s true, but we firmly believe that Romanians will be increasingly open to investments of all kinds. We have been observing their increased interest in the investment area for about five years now, and the results of the first year of our platform validate Romanians’ appetite for new investments,” says Vicențiu Vlad – Co-Founder & CEO – Stock.estate.

The platform’s figures count more than 1,500 people enrolled in the platform (i.e., people who have created an account in the platform and have permanently accessed the information on the use of the financial investment tool), more than 200 of them have made direct investments in the platform, and their transactions amount to more than 550 shares – with a total value of more than 750,000 euro.

“The best news of our first results is exactly related to the investors who have become active, some of them recurrently returning to new investments. The percentage of almost 15% of active investors on the platform gives us tremendous confidence that Romanians are increasingly interested in real estate investments. The fact that more than 1,500 users are constantly returning to Stock.estate for information is another extremely positive indicator for the collective investment decision. For example, a certain user decided to invest after a year of constant information on our platform, and we are happy that correct information is developing so much in Romania”, explains Vlad.

The crowdfunding market in Romania has significant potential, estimated at around €200 million, thanks to the steady interest growth from investors and entrepreneurs.

“With recent regulation facilitating access and protecting investors, crowdfunding platforms in Romania, such as Stock.estate, have started to gain traction, providing funding opportunities for the real estate market. This platform democratizes access to capital and enables market validation and project marketing, thus contributing to developing a dynamic entrepreneurial ecosystem”, says Alexandru Constantin – Co-Founder & CTO – of Stock.estate.
According to the co-founders, the company’s expectations for the next year of activity on the Romanian market foresee a growth of over 300%, given the increased interest of local investors.

SPEEDWELL Development appoints Maria Jianu as Leasing Director

SPEEDWELL Development announces the appointment of Maria Jianu as Leasing Director. Maria will work closely with Andreea Comșa, SPEEDWELL’s Commercial Director and will actively contribute to expanding and strengthening the company’s tenant pool in its commercial projects including QUEENS District, SpacePlus and Paltim.

Maria Jianu has an impressive track record, managing leasing strategies for over 300,000 square meters of office space in her previous roles. Involved in initiatives around sustainability, digitization and marketing, she has facilitated strategic partnerships that have brought long-term value to the projects and business communities where she worked.

”I am thrilled to have Maria join the Speedwell Superteam. Her professional knowhow and track record, combined with her drive and enthusiasm, represent the values that Speedwell stands for. Maria’s focus on customer care is a continuation of Speedwell’s belief that tenants choose and remain with a landlord, not (only) because of a high-tech efficient building, but more importantly because of the community-focused approach of the landlord, ensuring tenant employees’ wellbeing and the resulting organic move to increased presence in the office. ESG is not only about E, Maria brings the S to the mix to brew the perfect recipe for our tenants,” points Didier Balcaen, Co-Founder and CEO of SPEEDWELL Development

In her new role, Maria Jianu will have a significant impact on the leasing strategy of SPEEDWELL Development projects, focusing on creating a balanced tenant mix of well-known brands and emerging companies. She will also develop strategic partnerships designed to improve the tenant experience, helping to create dynamic communities.

“Maria is an experienced commercial leasing professional with a valuable skill set acquired over the years. Given the complexity of SPEEDWELL’s projects and our medium and long term ambitions, it is essential to have a professional with a solid background who understands the market in detail and can provide tailored solutions to meet the needs of our clients. Her over 7 years of experience in managing complex portfolios and signing leases for more than 30,000 square meters in the last two years is a major asset for our team. We are confident that Maria will bring added value to our projects through her innovative approaches and ability to build long-lasting strategic partnerships,” adds Andreea Comșa, Commercial Director at SPEEDWELL Development

The decision to appoint Maria Jianu as Leasing Director comes at one of the most effervescent times for SPEEDWELL, as the company accelerates the development of ongoing projects and focuses its attention towards ambitious new initiatives both in Romania and in Poland.

“I am thrilled to collaborate with a team of esteemed professionals renowned for their ability to deliver unique, future-proof projects. SPEEDWELL stands as a major industry player with a diverse portfolio and a clear vision rooted in innovation and sustainability. The opportunity to support its growth and contribute to the development of a dedicated, success-driven team is both a challenge and an honor—one that I wholeheartedly embrace,” says Maria Jianu, Leasing Director at SPEEDWELL Development.

ATALIAN ROMANIA closes 2024 with EUR 29,500,000 turnover and EUR 2,300,000 EBITDA

In 2024 ATALIAN Romania achieves EUR 2,300,000 EBITDA and EUR 1,050,000 net profit after a turnover of EUR 29,500,000, becoming market leader in Facility Management, in terms of turnover, profitability and productivity.

Atalian Romania closed 2024 with a 26.5% increase in turnover compared to the 2023 financial results which were the actual figures considered for the Top SME 2024 awards, i.e. a turnover of EUR 23,330,000, a net profit of EUR 950,000 with an annual average of 735 employees.

Currently, Atalian Romania manages more than 300 working points: 80 office buildings, 10 factories, a residential complex and a supermarket chain.

“Performance through quality is what we always want to characterize us, and it has remained our main objective all these years. Behind this reality, there is our forever young team and when I say “young”, I don’t talk about their age, but rather their ability to continuously adapt and show their desire to always put new things and ideas into practice. In Facility Management, the challenges change permanently, but a constant one remains people’s development. Here, at ATALIAN, we rely mainly on skills, not experience. While experience can be gained through practice, attracting the right attitudes is the most important thing to us. To be able to work so much in such an industry, you first need to like to start from scratch every single day, to meet new opportunities and to have the maturity to adapt to the market,” said Cora Cristescu, CEO of Atalian Romania.

Coca-Cola HBC Romania relocates headquarters to Globalworth Campus

Developer Globalworth announced that it has handed over the new office space of Coca-Cola HBC Romania, which leased 4,500 square meters of office space in building B of Globalworth Campus, close to the Pipera metro station.

Globalworth announced in the summer of 2023 that it had signed a major lease agreement with Coca Cola HBC Romania for a space of 4,500 square meters in the Globalworth Campus B building, for a period of ten years.

The new headquarters spans two floors, has workstations and a logistics warehouse on the ground floor for the company’s essential needs.

Source: economica.net

Apartment prices surge by 13% in January amid growing market demand

The average price of apartments—both new and old—rose by 13% in January 2025 compared to the same period in 2024, according to the latest data from Storia, the real estate platform launched by OLX. The market also witnessed a significant increase in buyer-seller interactions, up 41% year-over-year, reflecting growing interest in property purchases. Compared to December 2024, the number of buyer contacts surged by 84%, signaling heightened demand.

In Bucharest, the average price of apartments reached €1,917 per square meter, marking a 12% increase from January 2024. New apartments saw a substantial 21% rise, with an average price of €2,095 per square meter, while older apartments experienced a more modest 2% increase, reaching €1,742 per square meter.

Cluj-Napoca maintained its position as Romania’s most expensive residential market, with average apartment prices climbing 15% year-over-year to €2,981 per square meter. The price gap between new and old apartments remained minimal, with new apartments averaging €2,981 per square meter, while older units followed closely at €2,980 per square meter.

The sharp price increases and rising engagement levels suggest a sustained upward trend in Romania’s real estate market, fueled by strong demand and limited housing supply.

Lidl expands in Oradea with new store opening

Oradea, Romania – Lidl has strengthened its presence in Romania with the opening of a new store in Oradea, Bihor County. The supermarket, located at Bacaloglu Street No. 1G, features a spacious sales area of over 1,400 square meters and 150 parking spaces, enhancing the shopping experience for local residents.
The new store has also contributed to job creation in the region, with 23 new positions added as part of Lidl’s ongoing expansion efforts.

Designed with sustainability in mind, the store incorporates advanced construction technologies to ensure high energy efficiency. Features include an LED lighting system with motion sensors and a heat recovery system integrated into the air conditioning, aligning with Lidl’s commitment to environmental responsibility.

Lidl’s continued investment in Romania underscores its strategy to expand its retail network while implementing sustainable and modern solutions to enhance customer experience and reduce environmental impact.

One United Properties enters the retail park market

Real estate developer One United Properties has partnered with Bogdan Macovei, the former expansion director of Kaufland and Lidl, with the plan to develop an extensive national network of retail parks, a sector that in 2024 experienced one of its best years in the last decade in terms of new project deliveries.

“Our plan is to develop a network of retail parks. We have secured the first locations by contracting land and are working on developing the team, which will be spread nationwide. Our target is projects with a sales area of 1,500 square meters and above, necessarily supported by a “food” anchor. We estimate that the works will gain momentum starting next year,” said Bogdan Macovei.

Specifically, through the new partnership, One United Properties aims to build stores to rent to food retailers such as Lidl or Penny, but also to non-food retailers, such as Jysk, if a food store already operates nearby. Most of the chain’s retail parks will be located in small towns.

So far, One United Properties has focused on developing housing and the office segment, on which it has created a portfolio with an area of 117,000 square meters. The only direct investment on the retail market is the Bucur Obor store, with an area of about 25,000 square meters. In addition, all of the company’s investments have been concentrated in Bucharest. Thus, the partnership with Bogdan Macovei also represents the expansion of One United Properties at the national level.

Source: Profit.ro

Vastint Romania announces HazelHeartwood as new tenant at Timpuri Noi Square

Vastint Romania has secured a new lease with HazelHeartwood, a Belgian management consulting firm, for approximately 400 sqm of office space at Timpuri Noi Square.

“I’m happy to announce the opening of HazelHeartwood’s newest office in Bucharest, a dynamic hub designed to foster collaboration, spark innovation, and strengthen partnerships with our clients. This space represents our commitment to creating an environment where ideas can be transformed into technical solutions. Our new office combines state-of-the-art facilities with an atmosphere that inspires creativity and teamwork. Bucharest’s rich cultural heritage and vibrant energy make it the perfect setting for this next chapter in our journey. We look forward to welcoming our clients and partners to this unique space, where we will work together to drive forward-thinking solutions with tangible impact,” declared Frank Grauls, Managing Partner of HazelHeartwood.

“We are excited to welcome HazelHeartwood, an ambitious player in the digital transformation segment, to Timpuri Noi Square. We are thrilled that Timpuri Noi Square continues to draw esteemed partners, further solidifying its position as a hub for development and innovation in Bucharest. The combination of technology, prime location, and top-notch amenities creates the perfect formula for tenants, enabling them to achieve both cost efficiency and reduced travel time for employees, thanks to improved connectivity and easy access to public transportation,” said Dorin Caplea, Leasing Manager at Vastint Romania.

Vastint’s office portfolio will expand with the upcoming Timpuri Noi Square 2 project, set for completion in Q4 2026. This development, currently one of the few office projects under construction in Bucharest, will add 105,000 sqm of gross built area (GBA) and introduce two new office buildings, effectively doubling the available office and retail space within the Timpuri Noi Square complex.

In 2024, One United Properties sold and pre-sold units worth EUR 227.8 million

One United Properties reports total sales and pre-sales of EUR 227.8 million in 2024, corresponding to the surface of 83,958 sqm of residential and commercial spaces sold and pre-sold. This includes 850 apartments and commercial units, as well as 1,270 parking spaces and other unit types. As for the development, as of December 31st, 2024, One United Properties had under construction a total of 4,041 units, 22,000 sqm of office spaces and 21,000 sqm of commercial spaces with a total Gross Development Value (GDV) of EUR 1.5 billion.

“Our sales team delivered an outstanding performance in 2024, navigating a complex market shaped by high inflation, geopolitical uncertainty, and a complicated local political landscape. The sales mix reflected strong demand for high-value units across developments in advanced stages of construction, reinforcing the resilience of our portfolio. At the same time, the exceptional success of One Lake District Phase 2, currently the most affordable developments in our offering, showcased our ability to cater to diverse buyer needs while maintaining a dynamic pricing strategy. As sales progress, prices at this development naturally increase, further consolidating our results. The combination of robust pre-sales and sustained demand across all segments underscores the strength of One United Properties in any market conditions,” said Victor Capitanu, Co-CEO of One United Properties.

The commercial division of One United Properties continued to expand, with the headline rent for the rental portfolio reaching EUR 28.2 million, an increase of 20% compared to 2023.The leasing activity remained robust despite challenging conditions on the office market in Romania. Consequently, One United Properties’ office division leased and pre-leased 12,850 sqm of office and retail spaces across the commercial portfolio. In addition, the Company signed several lease extensions for a total of 7,120 sqm across its standing portfolio. As of December 31st, 2024, 94% of the Group’s standing commercial portfolio was already let.

“2024 was a testament to the resilience of One United Properties. Despite challenges across both the residential and office segments, we delivered extraordinary results; undoubtedly the best on the Romanian market. The 228 million euros in residential sales and pre-sales, along with 20,000 sqm of leases, pre-leases, and extensions in our office portfolio, confirms that especially in times of uncertainty, people will seek quality. Our focus on building the most renown prestigious, exclusive and aspirational brand in Romania has once again proven to be the winning formula. Beyond strong sales and leasing performance, we reinforced our commitment to investing in Bucharest, with our development teams managing 1.5 billion euros in projects under construction in 2024 – the biggest year in our history. This underscores that One United Properties is not only the leading developer in Bucharest but also one of the city’s largest investors,” said Andrei Diaconescu, Co-CEO of One United Properties.

As of December 31st, 2024, One United Properties had in ownership or under pre-SPA 285,100 sqm of land locations for further development, with total above-ground gross building rights (GBA) of approximately 988,000 sqm. All these land plots are currently in the planning phase, with estimated GDV of additional EUR 1.8 billion. The Company estimates the construction of 7,000 apartments, services for communities, and 146,000 sqm of rental commercial buildings. Out of the commercial buildings, 121,000 sqm will host offices and the remaining 25,000 sqm represent buildings that will undergo restoration.

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