Real Estate
Accor Group Signs Franchise Agreement With Romanian Firm For Opening Of ibis Styles Hotel In Fagaras
French hotel group Accor has recently signed a franchise agreement with local company Leader D.G.S. Construct for the opening of an ibis Styles hotel in the town of Fagaras.
Real Estate Developer Impact Borrows EUR4.5M from Garanti Bank
Real estate developer Impact Developer & Contractor (IMP.RO) has notified its shareholders and investors of the signing of a working capital type loan agreement. Impact Developer & Contracto...
Morgan Stanley Invested EUR10M In Upgrades On America House Building In Bucharest
U.S. investor Morgan Stanley, who had bought the America House office building in Victory Square in downtown Bucharest in 2019, has completed its EUR10 million investment in upgrade works.
Nordis Group Starts Construction Of Nordis Brasov Complex
Nordis Group, a real estate developer of premium hotel and residential complexes, has started construction works at the five-star Nordis Brasov 5 complex, with an investment estimated at EUR...
Lemon Retail Park In Bucharest To Open In Sept 2022 After EUR15M Investment
Lemon Retail Park, built by Synergy Construct in Bucharest's northern area of Pipera, following an investment of EUR15 million, will be inaugurated in September 2022, real estate consulting...
Delta Studio Wants to Develop Second Own Housing Project
Romanian home deco chain Delta Studio is readying to develop its second housing project and targets the luxury segment with 30 houses in Corbeanca, Ilfov county, in an investment put at over...
CBRE: 88% Of Investment Deals In Romania's Office Segment Involve Green Offices
CBRE Romania said in a survey that 88% of investment transactions in the Romanian office segment involve buildings with green certifications, making the office sector the most representative...
NEPI Rockcastle Sells 35% Of Apartments Of Vulcan Residence Complex
NEPI Residential, the residential division of NEPI Rockcastle, on Wednesday said it sold 35% of the apartments of the Vulcan Residence complex, only seven months from the start of constructi...
Accor To Open Mercure Hotel In Alba Iulia In 2024
Accor hotel group on Tuesday said it would open a Mercure hotel in Alba Iulia (central Romania), in the second quarter of 2024.