Mondrian Bucharest hotel construction kicks off

02
Aug
2024
News - Mondrian Bucharest hotel construction kicks off #Bucharest #Ennismore #Lemon Interior Design #Mondrian Hotel #One United Properties #Riad Abi Haidar #Romania

by Property Forum | Hotel

Romanian developer One United Properties has announced that construction has kicked off at Mondrian Hotel in Bucharest, with completion expected in 2026. 


The 103-room hotel located near the Romanian Athenaeum will feature smart technologies and environmentally friendly materials. Its design will be managed by Romanian studio Lemon Interior Design. 

“The hotel's bold, modern aesthetics and playful decor will celebrate Bucharest's rich local culture, establishing the Mondrian Bucharest as a visual landmark in the city. We expect this unique hotel to elevate the entire guest journey and local cultural engagement, positioning Bucharest as a special destination for tourism,” says Riad Abi Haidar, Partner and CEO of the Hotel Division at One United Properties. 

The hotel will be operated under an agreement with Ennismore. 

The hotel investment is part of One United Properties’ restoration portfolio that includes One Gallery, One Athenee and One Downtown. 




Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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