Nhood Generates 34% higher Revenues for Property Owners

Nhood announces that its Specialty Leasing activity has generated 34% higher revenues for property owners since 2024.

In 2025, the activity recorded 7% growth across Europe and Africa, confirming the increasing role of Specialty Leasing in supporting the performance of retail assets. As a dedicated expertise within Nhood’s global service offering, Specialty Leasing provides a flexible and complementary solution that helps property owners optimize the use of their commercial spaces and create additional sources of revenue.

In Romania, the company has helped increase clients’ revenues generated through this activity by more than 20%. In 2025 alone, Nhood worked with more than 600 clients and successfully completed over 1,000 operations.

Nhood is present in 7 countries and manages more than 2,500 Specialty Leasing spaces.

Novarion and Hubix Attract EUR 9.5 mln financing from UniCredit Bank for New Phase of The Lake Home project in Sibiu

Novarion Hubix EF TLH, the project company established for the development of phases E and F of The Lake Home complex in Sibiu, has obtained EUR 9.5 million financing from UniCredit Bank.

The financing is intended for the development of blocks E and F, part of a new phase of expansion of the mixed-use project The Lake Home in Sibiu. The project is being developed in partnership by Novarion and Hubix, with Hubix acting as equity partner and Investment Manager in the project, and Novarion as equity partner and Development Manager. The execution of the works will be ensured by Novarion DMX Construction, the general contractor of the project.

“This financing marks an important milestone for the development of The Lake Home and confirms the maturity of the project, both from the perspective of the urban concept and from the perspective of execution. The Lake Home is not just a residential project, but a large urban reconversion, built around a valuable natural area for Sibiu. Our role is to carry this development forward with discipline, quality and continuity,” said Raul Târnaru, CEO Novarion, partner in The Lake Home project and Development Manager of the project.

“The Lake Home is a project that fits very well into the Hubix investment philosophy: a location with real potential, a clear urban regeneration component and a development that can generate long-term value, not only through the residential product, but also through the impact it has on the area. For us, the role of equity partner involves more than just capital contribution. It means involvement in the structuring of the investment, in the governance of the project and in supporting a partnership built on discipline, transparency and common objectives. We believe that The Lake Home has all the prerequisites to become one of the landmark projects of the residential market in Sibiu”, said Daniel Tudor, Chief Investment Officer of Hubix, equity partner in the The Lake Home project.

Upon completion, the complex will include 494 apartments, 34 houses, 3 restaurants and approximately 20,000 sqm of green spaces.

Office Leasing Market Expanded in Both Bucharest and Cluj-Napoca in H1 2026

During the first half of 2026, companies leased a total of 80,790 sqm of office space in Bucharest, representing a 29% increase compared with the same period of 2025, according to a report by Fortim Trusted Advisors, Alliance Member of BNP Paribas Real Estate. Cluj-Napoca also recorded stronger office leasing activity than in the first half of last year.

Overall, during the first six months of 2026, Bucharest accounted for 90% of Romania’s office leasing market, followed by Cluj-Napoca with 7%, while Timisoara, Iasi, Craiova and Brasov each represented between 0.5% and 1% of the national leasing volume.

“Romania’s office market is currently going through a period of caution, with companies making increasingly strategic and carefully planned real estate decisions. We are seeing a strong recovery in lease renewals and growing interest in pre-leasing transactions, indicating that major occupiers are securing their future space requirements well in advance. At the same time, Bucharest continues to strengthen its dominant position, accounting for nine out of every ten square metres leased nationwide, while regional office markets are evolving at different speeds,” said Nicolae Ciobanu, Managing Partner – Head of Advisory at Fortim Trusted Advisors, Alliance Member of BNP Paribas Real Estate.

The largest office transactions were driven by companies operating in the technology, energy, industrial and construction sectors, including lease renewals, expansions, relocations and pre-lease agreements.

Leasing activity in Bucharest was supported both by the strong rebound in lease renewals and by the signing of several pre-lease agreements in projects currently under development.

Office market performance across Romania’s regional cities remained uneven. While Cluj-Napoca continued to attract new leasing demand, Timisoara, Iasi and Brasov recorded lower transaction volumes compared with the previous year.

Cluj-Napoca further strengthened its position as Romania’s most active regional office market, with 6,455 sqm of newly leased office space in the first half of 2026, up from 5,455 sqm during the same period of 2025.

One United Properties Raises RON 853.8 million, Five Years after Listing

Since listing on the Main Market of the Bucharest Stock Exchange, One United Properties has raised RON 853.8 million through three share capital increase transactions, distributed dividends of almost RON 390 million to shareholders and recorded cumulative trading volumes of over RON 1.7 billion on the stock exchange.

During the same period, the company’s shareholder base increased 2.5 times, reaching approximately 9,730 shareholders, while the company’s shares were included in numerous local and international indices, including BET, FTSE Global All Cap, FTSE Global Mid Cap, MSCI Frontier Markets and MSCI Romania.

At the end of 2025, One United Properties entered the regional market through developments in Constanța, Sibiu and Iași. In 2026, the company took its first step into the international market by acquiring land in the Nashville metropolitan area in the United States.

Eaton Begins Construction of its Third Factory in Romania

The American company Eaton has begun construction of its third factory in Romania. It is a unit where electronic components for the energy sector will be produced and is being built in the commune of Fărcașa, Maramureș County. The construction is coordinated by Optim Project Management.

The construction works will last eight months, and the investment is EUR 6 million. Upon completion, the factory will have 2,601 square meters of production space, 1,008 square meters of storage space and 1,035 square meters of technical and support space.

The factory will operate with heat pumps and will have photovoltaic panels, designed to reduce energy consumption and environmental impact.

Source: economica.net

Ciprian Marica Prepares New Real Estate Project in Pipera

Ciprian Marica, shareholder of the Farul Constanța football club, together with his partners, Alexandra Rusu and Marian Gherghiceanu, are preparing a new real estate project near the Porsche Pipera car showroom that will include 309 apartments and an aparthotel with 47 accommodation units.

The investors own a plot of land with an area of approximately 11,600 square meters. The project, whose value is estimated at approximately 16.4 million euros, also includes 382 parking spaces, of which 237 are underground and the rest are above ground. The developed area of the project was calculated at approximately 36,000 square meters.

“The project is called Ambiance Residence 3 and we are in the authorization phase. We want to start the project in the fall of this year,” said Marian Gherghiceanu.

The 3 investors, along with former coach Ioan Andone, were also involved in the development of the first two phases of the Ambiance Residence residential complex, also near the Porsche Pipera showroom.

Source: Profit.ro

Iaki Hotel Enters New Modernization Phase

Hagi Sport SRL, the company controlled by Gheorghe Hagi, has obtained the demolition permit for buildings C1, C2, and C3 within the Iaki Hotel complex in Mamaia. The document represents a new stage of the hotel asset’s modernization project, a rehabilitation and repartitioning process started several years ago.

The modernization plan began in 2022 with permits for the renovation and repartitioning of Building C1, followed by new steps in 2023 and November 2024. Previously, in 2025, the hotel completed a renovation phase estimated at around EUR 2 million, works that temporarily limited the unit’s operating capacity to 30% in the first four months of last year.

For the year 2025, the company Hagi Sport SRL reported a turnover of EUR 4.59 million, debts of EUR 2.2 million, and losses of EUR 55 000, operating with an average of 128 employees.

MR.DIY Opens First Store in the Region, at Iulius Mall Iasi

MR.DIY, one of the largest international retailers of interior design, home and lifestyle products, recently entered the Romanian market, chose Iulius Mall Iaşi to open its first store in the east of the country. The brand, with over 5,700 stores in 15 countries and originating in Malaysia, is based on a strategy of consistently affordable prices, under the promise of “Always Low Prices”. The store will open this summer and will have approximately 580 square meters and is located on the 1st floor.

“The partnership with MR.DIY comes at a time when customers are looking for simple and affordable solutions for daily activities or to personalize the spaces in which they live. We are bringing to Iulius Mall Iași a brand that offers exactly this mix: good prices, diversity and practical products for everyday needs. Through this opening, we improve the shopping experience and respond to a dynamic lifestyle, in which people want to quickly find everything they need, in one place”, said Vlad Huțu, Shopping Center Manager.

Andrei Lisinschi Prepares new Residential Project

Businessman Andrei Lisinschi is preparing a new residential project right next to the Porsche Pipera car showroom on land purchased from the Neocity group, founded and led by Israeli businessman Ehud Benshach.

The real estate developer’s plan calls for the construction of a building structured on 3 basements, a ground floor, 5 floors, plus a sixth, secluded floor. The project will include 207 apartments, and 273 parking spaces will be arranged in the basement. The total value of the complex was calculated at about EUR 14 million.

Lisinschi entered the residential market in 2022 with the First Estates project, developed in Pipera, on land that belonged to businessman George Becali. The real estate investor is also working on the First Estates Villas project, a premium project with 21 villas also located in the Pipera area.

Source: Profit.ro

Strabag Buys Iaşi-based Construction Company Daroconstruct

The Austrians from Strabag have signed an agreement for the full acquisition of Daroconstruct, a construction company based in Iaşi controlled by Giani Canschi with 99.5% of the shares and Nicoleta Fedoreac.

Last year, Daroconstruct, specialized in the field of building construction, road infrastructure, bridges and utility networks, recorded a turnover of RON 324 million and a profit of RON 77 million, with 355 employees.

“We consider this planned acquisition as an investment in local expertise, in additional execution capacity and in the continuous development of our business in Romania,” said Herbert Schuster, administrator of Strabag Romania.

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