ARTICLES LABELLED WITH TAG Oradea

Investment in the hotel sector is experiencing a significant upswing, with Romania witnessing a 56% increase in 2024 versus 2023, reaching €69.3 million. This trend aligns with a broader European surge, where hotel investments reached €20.5 billion, marking a 70% rise and establishing hotels as the leading asset class.

HelpShip, part of euShipments.com's group and logistics network, has leased 12,500 sqm in CTPark Oradea Cargo Terminal.

Industrial developer CTP has completed the purchase of six industrial projects and a land bank from Globalworth in Romania for an undisclosed sum.

Romanian developer Prima Development Group has kicked off the construction of the second phase of its Prima Vista residential complex based in northern Bucharest.

Hospitality group Accor and Romanian construction firm Construcții Erbașu have signed hotel management agreements for two new hotels in Bucharest and Oradea. The companies have also extended the current management agreement for ibis Styles Bucharest Erbas.

Globalworth, the developer of office and industrial projects in Romania, has completed a solar plant installation on the rooftop of its Industrial Park West in Oradea.

ELI Parks, the network developed by Element Group and D Craig Real Estate, will kick off a new logistics and industrial project in Oradea. The companies will invest €22 million in the new park that will have a leasable area of 30,000 sqm. 

Industrial developer CTP has started the construction of CTPark Oradea Cargo Terminal, the first industrial park with an air cargo terminal in Romania. The project is located close to Oradea Airport and the Eurobusiness II industrial park.

Smart office startup Nooka Space aims to develop its Romanian network through partnerships with property developers and hospitality operators.

Prima Development Group has announced the completion of the Core Timpuri Noi residential project in Bucharest following an investment of €23 million.