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Romania

M Core launches platform for Romanian portfolio

M Core launches ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new management platform for the portfolio of 25 retail parks across Romania. Co-CEOs of M Core Romania, Sebastian Macdonald-Hall and James Fife led the initiative with Clemens Petschnikar of Square 7 Pro...
Tuesday, 26. March 2024

Arcese leases at CTPark Bucharest West

CTP enters a strategic collaboration with Arcese Group, which has leased 10,500 sqm at CTPark Bucharest West. This will be Arcese’s first location in Romania with CTP, reinforcing their expansion efforts following a successful partnership with CTP in Hungary.
Thursday, 25. January 2024

Speedwell launches sales for Glenwood Estate

Speedwell launches the sales for Glenwood Estate, a new premium villa project near Bucharest, in Corbeanca featuring a total of 209 villas, 50 of them being built in Phase One.
Thursday, 25. January 2024

Nordis to open the 5-star Hotel Nordis Mamaia

Nordis Group inaugurates Hotel Nordis Mamaia 5 *****, the most important hotel investment in Romania in the last 30 years and the largest leisure hotel in Central and Eastern Europe.
Wednesday, 3. January 2024

Mediapost leases 19,000 square meters in Chitila Logistics Hub

Mediapost Hit Mail has leased 19,000 square meters of space including warehousing and office area in Chitila Logistics Hub, the industrial park developed by Global Vision and Globalworth. In this modern space being part of the park located near the Bucharest ring road, the company will operate logistics and e-commerce service...
Wednesday, 27. December 2023

Mitiska REIM sells 25 Romanian retail parks to LCP

After Mitiska REIM successful completed its value creation program, it has sold 25 retail parks in Romania to LCP Group for €219 million. This sale is one of the largest retail real estate transactions in Romania and more than doubles the original investment over an average holding period of 5 years for investors in the FRI a...
Friday, 8. December 2023

Hype by Kiddo opens in Bucharest Colosseum Mall

Hype Colosseum by Kiddo entertainment center opens in the Colosseum mall's food court, a project that integrates multiple leisure attractions, events, and entertainment for families with children as well as for teens and adults.
Friday, 24. November 2023

Hyatt to open first Romanian hotel

Luxury hotel group Hyatt is looking to open its first hotel in Romania. The downtown hotel in Bucharest will serve as company's flagship property in the country.
Friday, 10. November 2023

Ema Iftimie is appointed Managing Director Globalworth Romania

Globalworth has appointed Ema Iftimie as Managing Director for its real estate operations in Romania. Starting December 1st, Marian Popa will step down as the Managing Director and Ema Iftimie will assume this role, focusing on operational, business development and customer care.
Wednesday, 8. November 2023

Hagag starts construction works on Stirbei Palace

Hagag Development Europe started the construction works for the restoration, consolidation and refunctionalization of Știrbei Palace on Calea Victoriei. H Știrbei Palace is the company's first retail project, a concept designed to meet the specific needs of the premium market segment.
Wednesday, 1. November 2023

NEPI Rockcastle opens Promenada Craiova

NEPI Rockcastle’s €136 million Promenada Craiova development in central southern Romania officially opens its doors today. The retail scheme has attracted a host of international brands and is the largest retail development by size and investment value opening in Central and Eastern Europe in 2023, according to CBRE.
Friday, 6. October 2023

Griffes and Portland Trust cooperate in J8 Office Park

Griffes announces its partnership with Portland Trust to spearhead the leasing operations of J8 Office Park in Bucharest. This collaboration marks a significant milestone in the company’s growth, becoming the 8th building and a landmark property in Griffes portfolio.
Thursday, 5. October 2023

Redport Capital to start new resi phase in Bucharest

The Level Apartments, the first urban development project built by Redport Capital in the Străulești area, has reached 40% of signed pre-contracts of the total number of apartments in Phase III, even before the start of construction. Conceived as a smart and sustainable residential complex, the entire project is developed in ...
Friday, 29. September 2023