Avison Young | Romania

Starting the week on a high note with some fantastic news! Our colleague Louis-Maxime JUHEL has successfully renewed the contract of an esteemed automotive IT company. It's great to see the client thriving and expanding in Anchor Plaza - even taking on additional space. Kudos to everyone involved in making this transaction possible!

At Avison Young, we're happy to share our latest insights into Romania's dynamic real estate landscape, focusing on three key markets where we're actively engaged: office, industrial, and investment. Being one of the fastest-growing economies in Eastern Europe, Romania continues to attract substantial investor interest, offering a wealth of opportunities across various sectors.   Office Market: Romania's office sector is experiencing constant growth, driven by increasing demand from multinational corporations and local businesses alike. Discover how modern office spaces in key cities are shaping the future of work in Romania and explore the trends influencing tenant preferences and new developments.   Industrial Market The industrial and logistics sector has shown an overall leasing activity level slightly lower than H1 2023.  H1 2024 was defined by further concentration of the stock in the hands of top 2 players, with 0,4 Mio sqm changing ownership in just two transaction Romania’s A class stock is expected to surpass the 8 Mio sqm milestone by end of 2024 . Explore more details on our report.   Investment Market: Romania's investment market remains strong, with a diverse range of opportunities for both domestic and international investors. Our overview highlights key investment trends, emerging hotspots, and the sectors that are driving growth in this vibrant market.   Join us as we delve into the current landscape and future prospects of Romania's real estate market. Stay informed with Avison Young—your partner in navigating Romania's real estate opportunities.

The Avison Young team is pleased to announce the successful completion of a new lease transaction for htss, a tenant in the software medical industry. This strategic move places the tenant in the newly developed and vibrant area of Bucharest: Bucurestii Noi, alongside a premier developer - Portland Trust.   Congratulations to all parties involved!   #AvisonYoung #HTSS #LeaseTransaction #RealEstate #Bucharest #BucurestiiNoi #SoftwareIndustry #MedicalSoftware

Exciting news: Avison Young is strengthening its Southeast Europe presence with a strategic partnership in Greece! Athens-based QRA Real Estate Advisors, led by Alexis Kotsioris and Eri Mitsostergiou combines Avison Young's global reach with local insights promising to bring a fresh profile to the Greek market. "This collaboration reinforces Avison Young's commitment to providing world-class real estate services. Joining forces with this talented team in Greece strengthens AY's global presence and enhances our ability to deliver exceptional results for our clients." - Avison Young Chair & CEO, Mark E. Rose. https://lnkd.in/dK3cq8QY Follow Avison Young | Greece. #Greece hashtag #PoweredByPeople hashtag #ClientCentric hashtag #AYdifference

Exciting news! A top Romanian AI company specializing in business data has just moved to the iconic Sky Tower. Big thanks to Louis-Maxime JUHEL and Bogdan Deju for making this milestone possible. Onward to more innovation and success! #officeleasing #innovation #bucharest #Romania

We are thrilled to welcome a new member to our team at Avison Young Romania – Liana Popescu! Liana joins us as our newest agent in the office agency division, bringing a fresh perspective and boundless enthusiasm to the table. With a dynamic approach and a keen interest in commercial real estate, she is poised to make a significant impact in the industry. Liana has already demonstrated exceptional potential and a commitment to excellence that aligns perfectly with our core values. We are confident that her innovative ideas and energetic mindset will contribute to our continued growth and success. Please join us in giving her a warm welcome! We look forward to seeing her thrive and achieve great things with us. #NewHire #TeamAnnouncement #CommercialRealEstate #WelcomeAboard #OfficeAgency

Happy Tuesday with some exciting news from the Avison Young team. We are thrilled to announce that we have successfully facilitated a major lease transaction with a prominent client in the construction field in Bucharest's hottest office area: the Central Business District. This new lease underscores the resilience of our client relationships and our unwavering commitment to achieving outstanding results. The Central Business District has become one of the most sought-after locations for tenants, following a recent market trend. With this lease, the top floors in the CBD area are now fully occupied. The success of this transaction was due to excellent collaboration with a key landlord, PPF Real Estate, represented by Mirela Ciovica, and the exceptional quality of the building - Crystal Tower. Special recognition goes to Roxana Ilie, whose expertise and dedication were instrumental in finalizing this deal. Stay connected with us for more exciting developments!

We are thrilled to introduce Adrian Crizbasianu as the newest addition to our team, stepping into the role of Head of Industrial & Logistics Agency. With a wealth of experience from his tenure with DB Schenker and VGP, Adrian brings unparalleled expertise and a proven track record of success to our organization.   Adrian's extensive expertise in the real estate sector combined with a deep understanding of the specific operational needs of clients in the logistics and industrial sector make him the perfect fit to lead our Industrial & Logistics Agency into a new era of growth and innovation. His leadership will undoubtedly elevate our services and strengthen our position as a leader in the industry.   Please join us in extending a warm welcome to Adrian Crizbasianu as we embark on this exciting journey together! Connect with Adrian on LinkedIn to stay updated on our latest ventures and opportunities. Read more: https://lnkd.in/dXegVbKD #IndustrialLogistics #Leadership #WelcomeAdrian #AvisonYoungRomania

We are thrilled to share that Avison Young has successfully facilitated a lease renewal for one of our valued clients! 🏢✨ After diligent negotiations and collaborative efforts between our team, the tenant, and the Landlord, we're delighted to announce the extension of their lease agreement for another term. This renewal not only reaffirms the strength of our client relationships but also underscores our commitment to delivering exceptional results. We extend our heartfelt gratitude to our client for entrusting us with their real estate needs, as well as to our dedicated team led by Otilia Bordei whose hard work and expertise made this renewal possible. 🤝💼 Stay tuned for more exciting updates! 🌟 #RealEstate #LeaseRenewal #CommercialRealEstate

Merry Christmas 🎄 and a Happy New Year! 🎆 #Realestate #Consultancy #AvisonYoungRomania