Romanian hospitality consultancy Premier Hospitality has been appointed operator of the Ramada Sibiu Hotel under a lease agreement that will run for 20 years.
Romanians’ intention to buy a home in the next 12 months is approaching the levels seen between 2006 and 2008, according to a recent Colliers analysis based on Eurostat data.
Romanian developer Genesis Property says it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
Alina Necula, Country Manager Romania Lion’s Head, talked to Property Forum about the company’s plans to develop its first logistics projects in Romania and the strategic leasing transactions closed in the company’s flagship office project, Oregon Park in Bucharest.
Romanian developer Metav has obtained the construction permit for a new residential project in Pipera, near Bucharest, and will start the development of the project this month.
Bucharest’s office development pipeline is low, with just 24,000 sqm expected for delivery by the end of 2025, which could further push pre-leasing activity to new lows, according to a report by iO Partners.
Răzvan Nica, Managing Director, BuildGreen, spoke with Property Forum about the decarbonisation efforts of real estate companies and the growing appeal of green buildings for banks.
Romanian developer Forty Management will open this week, in Bucharest, a public access lagoon, part of Lagoon Park Bucharest project, following an investment of €33 million.
Hospitality group Mogotel has signed a partnership with Romanian developer Monarc Properties for the opening of the first Radisson Blu hotel in the seaside resort Mamaia.
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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Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
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