Nhood partners with Reuben Brothers for major mixed-use project in Timișoara

07
Oct
2025
News - Nhood partners with Reuben Brothers for major mixed-use project in Timișoara #Carmen-Adriana Oțelea #Mixed-Use #Nhood #Office #Residential #Retail #Reuben Brothers #Romania #Ruxandra Dragomir #Timișoara #Urban Regeneration

by Property Forum | Report

Nhood Romania has announced a partnership with Reuben Brothers to transform the former Solventul industrial platform in Timisoara. The 45-hectare site, with a history dating back to 1869, will be converted into a primarily residential area with integrated retail, office, service, and public amenities.


Established in 1869, the Solventul Timișoara factory produced alcohol and solvents and employed over 3,000 people during the communist era. The plant was a key industrial pillar of Timișoara and a driver of the regional economy before operations ceased in 1998.

"The Solventul platform has the potential to become a benchmark for urban regeneration, not just for Timișoara but for the entire region. We will create a vibrant space where the local community can enjoy a higher quality of life, featuring residential areas, workspaces, and meeting places, all while preserving local traditions," stated Carmen-Adriana Oțelea, CEO, Reuben Brothers.

In the first phase, Nhood Romania will develop the project's Master Plan, beginning with a comprehensive analysis of the area and defining a long-term architectural vision. The plan will integrate connections with the city's infrastructure, including the future road link to the Timișoara bypass.

"This mandate represents a unique opportunity to complement Timisoara's urban identity with an project. We will integrate principles of mixed-use development, sustainable mobility, and public space hierarchy to offer an urban regeneration model that will remain relevant for future generations," stated Ruxandra Dragomir, Head of Development, Nhood Romania.




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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