Hospitality group Accor has signed a management contract with Amera Group for the opening of an ibis Styles hotel in Cluj. This will be the first hotel operated by Accor in Cluj-Napoca, with the project slated to open in April 2025. 

P3 Logistic Parks (P3) has concluded lease transactions for over 107,000 sqm in the first half of 2023, with most of the demand coming from existing clients.

NEPI Rockcastle has officially opened its €136 million Promenada Craiova shopping centre in central southern Romania. 

Raben Logistics Romania has leased 1,300 sqm of new warehouse space in CTPark Oradea Cargo Terminal, while the company’s lease volume with CTP across Romania has reached 15,000 sqm. 

Romanian real estate developer HILS Development will launch a new residential project in Bucharest. The complex will be developed based on an Urban Zoning Plan (PUZ) that has previously been secured by retailer IKEA. 

Industrial developer CTP has achieved the first BREEAM Outstanding certification for BUW 20-21, with an area of over 100,000 sqm, part of CTPark Bucharest West. 

Romanian Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance, is expanding into the residential category, with sales & marketing services. 

Workspace startup Nooka Space has announced the appointment of Irina Leca as CEO of the company, as well as the raising of a new investment round worth €2 million. 

Property Forum is excited to announce the shortlist of nominees for its annual SEE Property Forum Award Ceremony which celebrates the best projects, most impactful transactions and most inspiring personalities of the Romanian market. The winners will be selected by a jury committee comprising leading real estate professionals and the recipients will be announced at our Awards Gala and Exclusive Networking Party on 24 October, part of our annual SEE Property Forum conference.

Romanian development company IMPACT Developer & Contractor has raised €8 million from a bond sale that targeted institutional investors. The bonds have a maturity of 48 months and the proceeds from transaction will be used to finance current operations and new residential investments.