FieldStar and InterDecor join P3 Bucharest A1’s community
P3 Logistic Parks (“P3”) welcomes two new tenants to the P3 Bucharest A1 community, Interdecor Distribution and Field Star, which occupy a consolidated surface of over 6,000 sqm of...
Tag: Romania
SPEEDWELL delivers Building 1 of the TRIAMA Residence project
Speedwell successfully finalizes and delivers Building 1 of the TRIAMA Residence project. The residential units have been sold out before the construction works completion. TRIAMA Residence Phase 1 is...
Rohlik leases 12,000 sqm in CTPark Bucharest North
Rohlik Group, the provider of online grocery delivery services, has leased a warehouse covering 12,000 sqm in CTPark Bucharest North as part of its expansion strategy in Romania. CTP...
Nordis Group builds premium residential complex in Bucharest
Nordis Group, a real estate developer specializing in the construction of luxury real estate, will build a new premium residential complex in Bucharest. The project, developed in the north...
NEPI gets €73.5 million green loan in Romania
Retail group NEPI Rockcastle secured a green loan worth €73.5 million from International Finance Corporation (IFC), a member of World Bank, in a bid to expand its sustainable business...
Speedwell repays loan to BRD Société Générale following successful delivery of residential project
The €10.1 million loan Speedwell received from BRD Société Générale Group, for the development of the residential component of Record Park has been fully repaid before the maturity date,...
Scallier starts development of Funshop Park in Focșani
In the second quarter, Polish investment manager Scallier started building Funshop Park in Focșani, a town of 100,000 people around 190 km from Bucharest. The centre is to comprise...
Marina Blu investment announced for Mamaia Black Sea resort
Real estate consultancy and brokerage company Green Alley announced a new project in its portfolio: Marina Blu, a premium development with 87-holiday apartments, positioned right in the centre of...
Babes-Bolyai University buys hotel in Cluj-Napoca
The Faculty of Law of the Babes-Bolyai University purchased the Opera Plaza Hotel in Cluj-Napoca for RON 40 million (around €8.1 million), according to real estate agency RE/MAX Romania,...
HORNBACH opens newest DIY store in Cluj-Napoca
The real estate team of bpv Grigorescu Stefanica advised international DIY group HORNBACH in connection with the development of its latest mega-store in Cluj-Napoca, Romania. The store is Hornbach’s...
Speedwell launches first industrial project in Bucharest
Speedwell, in cooperation with Belgian partner LCV, launched SpacePlus, its first project on the industrial market. SpacePlus comes with units for light industrial and/or logistical usage, addressing corporate tenants...
Romanian hotel market expected to make a full recovery by 2024
The hotel market was by far one of the most affected by the COVID-19 pandemic and is expected to reach a full recovery, in this context, by 2024. In...
