First villa project under Radisson brand to open in Romania

01
Jul
2024
News - First villa project under Radisson brand to open in Romania #Brașov #Bucharest #Cluj-Napoca #David Jenkins #hotel #Ionuț Nicolescu #Radisson Hotel Group #Romania

by Property Forum | Hotel

Grand Development, founded by Romanian entrepreneur Ionuț Nicolescu, has closed a partnership with Radisson Hotel Group for the opening of its first five-star villas resort in Romania, near Brașov.


The project will comprise 46 Scandinavian chalet-style villas and 20 hotel rooms. The project is slated for delivery in Q4 2026.

“We see immense potential in the Romanian market. With our strong resort value proposition, we are looking to develop hotels and resorts also in leisure destinations. This new and unique Radisson Blu resort in such a sought-after mountain destination is the perfect addition to our existing portfolio in Romania and will give our guests a great variety of options,” says David Jenkins, Vice President Business Development at Radisson Hotel Group. 

The resort’s facilities will include an open-kitchen restaurant, an interior pool, a wellness and fitness centre as well as several conference rooms.

Ionuț Nicolescu, Grand Development’s Founder, added that the project will increase Brașov’s visibility among foreign tourists.

In Romania, Radisson Blu oprates three hotels in Bucharest, Brașov and Cluj-Napoca. In total, Radisson Hotel Group now has seven hotels with 1,657 rooms in operation or under development in Romania across the Park Inn by Radisson, Radisson, and Radisson Blu brands.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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