CTP announces the appointment of Andrei Brinzea as Business Development Director for Romania. With more than two decades of experience in property business, Andrei Brinzea has been working with market leaders such as LIDL, Kaufland, CBRE, and, in the past […]
Euro Vial Residence acquired a six hectares plot of land located in the northern area of the city of Constanta, towards Ovidiu, in a transaction with a value of EUR 6.5 million. A mixed project is going to be developed […]
Ennismore, lifestyle and leisure hospitality company, and One United Properties have signed a partnership for the opening of a Mondrian hotel in Bucharest. Mondrian Bucharest will be located at 8-10 Georges Clemenceau Street, near the Romanian Athenaeum, where One United […]
Romania remains the European country with the highest number of house and apartment owners, according to official statistics, and although interest in buying a property remains high, a significant proportion continues to live in rented accommodation. 13 percent of Romanians […]
AFI Europe appoints Luciana Giurea, former General Manager of the AFI Ploiești shopping center, as the Head of the Residential Division. In this role, she will oversee all residential real estate projects – for rent or sale –in Romania and […]
Leading hospitality group Accor expands its portfolio in Romania with the signing of a new franchise agreement with Paradis Hotels & Resorts for the conversion of the Dana Holiday Club into the new ibis Styles Venus. Set to open doors […]
Cascade Group, a family office with foreign capital and over two decades of experience in the real estate, investment, and financial field in Romania, announces the launch of the Cascade Capital division. Through this initiative, the Group aims to invest […]
IMPACT Developer & Contractor, the first real estate developer listed on the Bucharest Stock Exchange, ends 2023 with a preliminary consolidated turnover of 169.4 million RON, a net profit of 34.9 million RON and a gross margin of 39 percent. […]
International Finance Corporation (IFC) has provided a 150 million Euro investment with sustainability-linked features consisting of a syndicated loan facility and a convertible instrument to Lion’s Head Investments (LHI), a commercial property platform in Bulgaria and Romania. Lion’s Head currently […]
IWG, the world’s largest provider of hybrid work solutions, aims to open 1,000 new locations globally amid significant growth in demand from companies and employees seeking hybrid work spaces. During 2023, IWG nearly doubled the number of newly added spaces […]
