Oasis Retail Development & Consulting has announced the completion of the third development phase of Prima Shopping Center, the largest retail park in the central-west region of Romania, which now covers 60,000 sqm.
Local developer One United Properties has signed a preliminary agreement to acquire a plot of land located on the former FLARO industrial platform in Sibiu.
Property investment company Hubix has announced a strategic investment in The Lake Home, a residential project in Sibiu, developed in partnership with Novarion.
Scandia Română Development, the real estate division of the Scandia group, has announced the commencement of works on a new residential project in Sibiu.
Zacaria Group, specialized in the development of residential and industrial projects, has started the construction of its first retail project in Cisnădie.
Romanian hospitality consultancy Premier Hospitality has been appointed operator of the Ramada Sibiu Hotel under a lease agreement that will run for 20 years.
A new Mercure hotel comprising 121 rooms has opened in Sibiu, which will operate under a 10-year management contract between Accor and local investor Compa Sibiu.
The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.
New appointments
MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.
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