All posts by tudor@cijeurope.com.

Bellemonde launches Bellemonde Privée

Bellemonde announces the launch of Bellemonde Privée, a new premium residential project in Pipera, adding 52 villas to the already growing community. The total investment amounts to EUR 25 million, of which approximately 65% is secured through a financing partnership with Vista Bank, thus strengthening the foundation for an efficient and sustainable implementation.

Located across from the Bellemonde complex, at 1 Vasile Alecsandri Street in Pipera, Bellemonde Privée spans a 25,000 sqm plot and offers a balanced mix of 16 single-family homes, 24 duplex villas, and 12 townhouses. The project enhances residents’ lifestyle with a multifunctional sports court, green spaces, and an outdoor swimming pool – all designed to complement the setting of a discreet and exclusive community.

“If last year we laid the foundation by securing the permit and starting construction, today we are taking a step forward toward building a community that grows alongside our projects. The Bellemonde development has now reached an advanced stage, and the project’s progress reflects the pace and commitment with which we have undertaken it. Bellemonde Privée is proof that we keep our promises and that we view each stage as part of a continuous process.”, stated Victor Terheș, Chief Commercial Officer Bellemonde.

The strategic partnership with Vista Bank stands as a guarantee of continuity and reliability in the execution of the project. The financing covers approximately 65% of the total investment, supporting not only the current development stages but also the strengthening of a long-term relationship between the developer and the institution.

The Bellemonde project was launched in June 2024, with construction works for the 164 units starting in September of the same year, following a total investment of over EUR 40 million. The construction of the project’s first phase covers an area of 41,000 sqm, with an estimated delivery timeline of 24 months from the start date.

Global Vision Announces AHEAD, the AI Powerhouse for Contextual Business Decisions

Global Vision Investment Fund announces AHEAD, a unified AI platform for business operations and decision-making, reflecting the Fund’s strategic focus on technology investments.

Designed with Contextual AI at its core, AHEAD analyzes information from multiple systems and departments and turns it into governed business context, helping organizations operate with efficiency, plan with confidence, and make informed decisions.

This announcement reflects Global Vision Investment Fund’s strategy of including technology as a strategic asset class and investing in AI platforms that deliver measurable value, efficiency, and resilience across industries. AHEAD offers deployment flexibility, in the cloud, on-premises, or in secure air-gapped infrastructures, so organizations can adopt it in line with their operational and regulatory requirements.

“Our strategy has always been to focus on investments that create resilience and long-term value. Technology is part of that strategy, and AHEAD is a strong example: an AI platform that adds structure to complex workflows and delivers measurable value across industries. By supporting its launch, we are reaffirming our belief that AI is not just a passing trend, but a lasting driver of efficiency and competitiveness across industries.” – Sorin Preda, CEO & Founder of Global Vision

“AHEAD represents a new generation of contextual AI. Unlike other fragmented AI tools that produce isolated outputs, AHEAD brings context into every workflow so that actions are connected, traceable, and relevant to the business environment where they happen. This gives leaders clarity, helps teams build on past knowledge, and creates confidence that every decision is efficient, consistent, and accountable.” – Marian Anghelache, Managing Partner AHEAD

Global Vision Announces AHEAD, the AI Powerhouse for Contextual Business Decisions

Global Vision Investment Fund announces AHEAD, a unified AI platform for business operations and decision-making, reflecting the Fund’s strategic focus on technology investments.

Designed with Contextual AI at its core, AHEAD analyzes information from multiple systems and departments and turns it into governed business context, helping organizations operate with efficiency, plan with confidence, and make informed decisions.

This announcement reflects Global Vision Investment Fund’s strategy of including technology as a strategic asset class and investing in AI platforms that deliver measurable value, efficiency, and resilience across industries. AHEAD offers deployment flexibility, in the cloud, on-premises, or in secure air-gapped infrastructures, so organizations can adopt it in line with their operational and regulatory requirements.

“Our strategy has always been to focus on investments that create resilience and long-term value. Technology is part of that strategy, and AHEAD is a strong example: an AI platform that adds structure to complex workflows and delivers measurable value across industries. By supporting its launch, we are reaffirming our belief that AI is not just a passing trend, but a lasting driver of efficiency and competitiveness across industries.” – Sorin Preda, CEO & Founder of Global Vision

“AHEAD represents a new generation of contextual AI. Unlike other fragmented AI tools that produce isolated outputs, AHEAD brings context into every workflow so that actions are connected, traceable, and relevant to the business environment where they happen. This gives leaders clarity, helps teams build on past knowledge, and creates confidence that every decision is efficient, consistent, and accountable.” – Marian Anghelache, Managing Partner AHEAD

One United Properties Brings The Hoxton Hotel Brand to Romania

One United Properties has signed a memorandum of understanding with Ennismore, an international hospitality company, to bring The Hoxton hotel brand to Romania.

The hotel will be built on the site of three historic buildings on Academiei Street, which are currently being restored by One United Properties. The site covers approximately 1,300 square meters, with a planned gross built-up area of 7,100 square meters.

“Together with Ennismore, we are bringing one of the world’s most iconic lifestyle brands to Eastern Europe, while breathing new life into old buildings in the heart of the city. This project is part of our goal to create vibrant destinations where international design and local culture meet, in full accordance with our vision for 2030,” adds Riad Abi Haidar, CEO Hospitality, One United Properties.

One United Properties Brings The Hoxton Hotel Brand to Romania

One United Properties has signed a memorandum of understanding with Ennismore, an international hospitality company, to bring The Hoxton hotel brand to Romania.

The hotel will be built on the site of three historic buildings on Academiei Street, which are currently being restored by One United Properties. The site covers approximately 1,300 square meters, with a planned gross built-up area of 7,100 square meters.

“Together with Ennismore, we are bringing one of the world’s most iconic lifestyle brands to Eastern Europe, while breathing new life into old buildings in the heart of the city. This project is part of our goal to create vibrant destinations where international design and local culture meet, in full accordance with our vision for 2030,” adds Riad Abi Haidar, CEO Hospitality, One United Properties.

Construction Works Increased by 20% in July

Construction works increased strongly in the summer, with an increase of 20% in July compared to June and an increase of 40% in July 2025 compared to July 2024. At seven months, year/year, construction works increased by 12%.

Engineering constructions were higher by 16%, at seven months, year/year, and in July 2025 compared to July 2024, the progress is 34%. Engineering constructions are state investments – from own funds or from EU funds. At seven months, they register an increase of 16%, but, in July 2025 compared to July 2024, the progress is 34%.
Now Prime Minister Ilie Bolojan says that the spending commitments are far above what the budget allows. That is, they spent far beyond the possibilities. And the budget is heading for a deficit of 8-10% this year.

M Core Builds a Retail Park in Galați

Square 7, part of M Core, is building a retail park in Galați, scheduled to open in the fourth quarter of next year. M Core will soon start construction work on the new retail park in its portfolio. The company bought a plot of land of about 100,000 sq m from developer Speedwell last year.

The new project will have a built-up area of approximately 30,000 sqm and will also include the first Leroy Merlin store in the city. M Park Galați will also have a food court area with restaurants, complemented by drive-thru units.

“With this project, we are strengthening our presence in southeastern Romania and remain faithful to our mission to deliver modern, sustainable commercial spaces created to support local development. M Park Galați is designed to provide long-term value to both customers and residents, as well as our commercial partners,” said Clemens Petschnikar, CEO of Square 7, part of M Core.

Source: economica.net

Thermotop Technology Opens first PIR Thermal Insulation Board Factory in Romania

Thermotop Technology inaugurated the first polyisocyanuric foam (PIR) thermal insulation board factory in the country in Ghimbav.

This investment project by Thermotop Technology – the result of a partnership between the ICCO group and TOPANEL, one of the main manufacturers of thermal insulation panels in Romania, has a total value of almost 20 million euros and represents a premiere for the Romanian market, being the first local production unit of PIR thermal insulation boards, materials used in civil, industrial construction and thermal rehabilitation projects. Exim Banca Românească has provided financing of approximately 14 million euros for the realization of this investment.

Thermotop Technology was established in 2023, and construction works started in 2024. The unit occupies a total area of approximately 30,000 sqm, of which 9,000 sqm are intended for the production hall.

Source: Profit.ro

Thermotop Technology Opens first PIR Thermal Insulation Board Factory in Romania

Thermotop Technology inaugurated the first polyisocyanuric foam (PIR) thermal insulation board factory in the country in Ghimbav.

This investment project by Thermotop Technology – the result of a partnership between the ICCO group and TOPANEL, one of the main manufacturers of thermal insulation panels in Romania, has a total value of almost 20 million euros and represents a premiere for the Romanian market, being the first local production unit of PIR thermal insulation boards, materials used in civil, industrial construction and thermal rehabilitation projects. Exim Banca Românească has provided financing of approximately 14 million euros for the realization of this investment.

Thermotop Technology was established in 2023, and construction works started in 2024. The unit occupies a total area of approximately 30,000 sqm, of which 9,000 sqm are intended for the production hall.

Source: Profit.ro

Solida Capital Europe, Advised by Colliers, Acquires Victoria Center

Investment company Solida Capital Europe entered the Romanian real estate market with the acquisition of the Victoria Center office building from Manova Partners, formerly Macquarie Group, in a transaction in which Colliers acted as advisor to the buyer.

Victoria Center has a landmark position on Calea Victoriei, in the heart of Bucharest’s CBD. It offers c. 8,600 square meters of prime office space and holds a BREEAM In-Use certification with an Excellent rating, being a modern, efficient, and sustainable property.

Victoria Center hosts leading tenants from the law, IT and financial services sectors, including Aon Romania, nShift, Botezatu Estrade & Asociatii, Eversheds Lina & Guia. The United Mexican States Embassy in Romania has also recently chosen the building as its headquarters. The Central Business District (CBD) remains the most sought-after location in the city, boasting the highest rental growth over the past two years, growing by nearly 20%.

“The acquisition of Victoria Center represents a strategic step in expanding our real estate portfolio across Central and Eastern Europe. This investment underlines our commitment to identify and seize quality opportunities in high growth markets in line with our core mission of aggregating value through our asset management expertise. The successful completion of this first milestone in Bucharest will open in the near future new opportunities to explore”, says Joao Saracho, Managing Director at Solida Capital Europe.
Colliers represented Solida Capital Europe from the beginning of the acquisition process to closing and provided end-to-end advice and support closely collaborating with Solida’s team and advisors.

“We are grateful to Solida Capital for their trust in our advice during their strategic market entry into Romania. There is hardly a better way to access this high potential market than the acquisition of Victoria Center executed by Solida. We look forward to seeing their investment thrive and to the growth of Solida in Romania”, states Robert Miklo, Head of Capital Markets at Colliers.

“We congratulate and welcome Solida Capital to Romania and look forward to strengthening our relationship by providing Property Management services for the newest landmark asset in their portfolio, Victoria Center”, notes Ștefania Baldovinescu, Senior Partner for Asset Services at Colliers.

LATEST NEWS
8 December 2025 Retail Parks Attract Growing Investment as Shopping Centres Lose Ground 8 December 2025 INVESTIKA adds properties in Prague and Wrocław, strengthening its regional diversification 8 December 2025 Blue Bolt targets faster growth than the global PropTech market 8 December 2025 Sija Kamýk Project Completed, All Apartments Sold 8 December 2025 Generali Fond Realit acquires GARBE Progresus Park Klášterec I 8 December 2025 BEOS Corporate Real Estate Fund Germany V completes second acquisition 8 December 2025 TAS Logistyka expands leasing area at CTPark Warsaw South