Adrian and Dragoș Pavăl, the founders of DIY chain Dedeman, have acquired the land and warehouses owned by DB Schenker in northern Bucharest, in a deal worth over €15 million.
Romanian developer One United Properties and Le Manoir, a domestic gastronomy group, have jointly acquired the boutique hotel Carpathian Lodge Măgura from Buzău, in a deal worth €2.35 million, according to ZF.ro.
Akcent Development’s Cloud 9 residential project in northern Bucharest reached 700 units sold by the end of August out of 820 apartments available in the complex.
The office market in Cluj-Napoca is expected to record a sharp decrease of deliveries this year and only 5,000 sqm of spaces are under development this year and will be finalized by 2023, according to property consultancy SVN Romania.
One Tower, the office building part of One Floreasca City in Bucharest, has received the WELL Health and Safety certification, which highlights the impact of buildings on the health and well-being of occupants.
Masterbuild, the Romanian developer and construction firm, says it has started works for the research centre TGA Technologies for Green Aviation in Craiova with a total investment of more than €17 million.
The recreational offering at Fort Wola has been further enhanced. Zdrofit fitness club, which has operated at the centre since 2024, has expanded its floor space by an additional 790 sqm to house a modern pilates zone. Following this expansion, the club’s total footprint exceeds 2,280 sqm.
Bolton Romania has leased 306 sqm of office space in the Bucharest-based River Plaza. The deal was brokered by Fortim Trusted Advisors.
IWG has leased 1,297 sqm for a flexible workspace in the Egros Office project in Iași.
New appointments
Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.
Krzysztof Szargawiński has joined Avison Young Poland’s Office Agency team as an Associate Director. In his new role, Krzysztof will be responsible for leading the department’s projects in the Wrocław region. He brings over 20 years of experience in the Polish commercial real estate market, gained primarily in Wrocław, Warsaw, and Katowice.
Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
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