All posts by tudor@cijeurope.com.

Kronstadt Hotel resumes works at the Ibis Styles Brașov

The Ibis Styles hotel project in Brașov, which also includes a residential component, has obtained a new building permit for soil stabilization and the continuation of works on a 3,461 sqm plot in the Strada Mică area. The investment, estimated three at EUR 2.5 million, is being developed by the company Kronstadt Hotel on the site of a former sanitation warehouse.

 

The project’s implementation was interrupted due to the swampy nature of the terrain, which caused massive water infiltration during foundation excavations. The new permit issued by the Brașov City Hall is valid for 12 months and targets specific soil improvement works. The project involves the construction of two attached buildings: one dedicated to a 3-star hotel and another for housing, with the ground floor allocated for offices and services. The general plan also includes access roads, fencing, and utility networks.

WDP acquires industrial park in Iasi

Developer Warehouses De Pauw is entering the Iasi county market by taking over the industrial park developed and controlled by the Proinvest group, led by businessman Vasile Sandu.

 

The transaction is being finalized and is scheduled to be concluded by April 23, 2026. The transaction value could exceed EUR 20 million.

The park was leased in 2023 and covers approximately 300,000 square meters of land. In the end, it is estimated that around 130,000 square meters of logistics and industrial spaces will be built here.

 

Recently, the developer also bought a plot of land measuring over 40 hectares, at a price of 15 million euros, next to its park in Ștefăneștii de Jos.

 

Source: Profit.ro

Kaplan family to build logistics project on the A1 highway

The American Kaplan family, which links its expansion to the chemical industry in the 1950s, is reactivating real estate projects in Romania and is initiating the construction of a first logistics building near the eMAG warehouse on the A1 highway.

 

Kaplan Group began investing in the Romanian market in 2006 through the Carpathian Real Estate Investment Fund (CREF), which has the local representative company Terra Kapital.

 

The American investors own a plot of land with an area of ​​15.2 hectares at kilometer 22 on the A1 highway, in the town of Ciorogârla, on which they want to develop, in stages, an industrial/logistics park. The first stage aims to build a warehouse for rent with an area of ​​approximately 21,000 square meters. The land remaining free after the construction of this hall will be approximately 78,000 square meters and will be intended for subsequent construction phases.

 

Source: Profit.ro

dm drogerie markt opens store at Colosseum Mall on April 9

Colosseum Mall announces  the official opening of a dm drogerie markt store, starting April 9.

 

“The opening of dm drogerie markt is more than an inauguration – it is a validation of our strategic direction. We are continuously focused on developing a balanced and attractive tenant mix, and this milestone will be followed in the near future by new store openings, which we will announce soon. Colosseum Mall grows alongside its community and remains a meeting place, a source of joy, and a solid retail destination for the entire region,” said Doinița Ilie, Head of Leasing at Colosseum Mall.

 

In Romania, dm operates over 160 drugstores and employs more than 2,000 people. At the European level, the company is active in 14 countries, including Germany, Austria, Italy, Poland, and Romania.

 

Bran Plaza opens its doors on April 16

The Bran Plaza shopping center will officially open its doors on April 16. The mall in the mountain resort will feature brands such as Pepco, Tedi, Sinsay, JYSK, Mesopotamia, Farmacia Minigram, MEGA IMAGE, BIPA, KFC and Restaurant Allegria.

 

“We want BRAN PLAZA to become more than just a shopping destination; to be a place where people return with pleasure for brands, for comfort, but especially for the energy of a space designed for Zărnești,” say the representatives of the new shopping center.

 

The BIPA discount store brand stands out from the list. The largest drugstore chain in Austria. “The opening of the second BIPA store in Romania reflects our confidence in the potential of the local market and confirms the direction of development of the BIPA network. We want to be closer to consumers and offer them a relevant shopping experience, based on diversity and affordable prices, through a modern drugstore concept,” said Martin Gaber, CEO of BIPA Romania.

 

Source: zf.ro

 

Olympus expands production capacity in Brașov

Olympus Foods Romania, one of the largest dairy producers in the region, is starting the construction of a new hall with an area of ​​7,100 square meters within the premises of the Brașov Milk Factory. The objective of the new investment, worth EUR 7.5 million, is to expand the production and storage capacities of the factory.

 

The investment comes a little over a year after the inauguration of the logistics center worth over 40 million euros, a project with a total area of ​​13,500 square meters and a high-bay refrigerated warehouse where over 32,000 pallets of products are stored.

 

“The new investment continues the sustainable development of the Brașov Dairy Factory, significantly increasing our production and supply capacities for Olympus dairy products. It is a natural evolution, which aims to respond to the rising demand for quality foods, as the Olympus brand expands into more and more European countries,” says Dimitrios Kelas, General Manager of Olympus Foods Romania.

 

Lawyer Adrian Ciorobea prepares premium apartment building in Pipera

Lawyer Adrian Ciorobea is preparing a new premium apartment building on Strada Fabrica de Glucoza in Pipera, Bucharest.

 

The lawyer planned to build a building with two basements and 6 floors on a plot of land with an area of ​​approximately 2,600 square meters located on Strada Fabrica de Glucoza 6-8. The project provides for the development of 57 apartments and 81 underground parking spaces, and the building also includes commercial spaces on the ground floor. In total, the proposed developed area was calculated at approximately 6,400 square meters. The value of this investment is estimated at approximately EUR 6.48 million, a cost that includes the construction of the building, fencing and organization of execution.

 

Adrian Ciorobea is not a real estate developer; as a rule, he authorizes real estate projects and then sells them. Together with his business partner, lawyer Virginica Tanți Dumitrescu, he sold a series of plots of land to real estate developers, all part of a larger property of 23.4 hectares, opening onto Șoseaua Fabrica de Glucoza. And the land that Ciorobea is now preparing was originally part of this large lot.

 

Source: Profit.ro

Cement producer Romcim takes over Wopfinger

Romcim, the cement producer owned by the Irish from CRH, has taken over the concrete producer Wopfinger, which operates six stations in Cluj-Napoca, Braşov, Constanţa and Bucharest.

 

The integration of Wopfinger is part of the group’s strategy to strengthen its local presence and support major infrastructure projects, industrial and non-residential construction, but also the residential segment, say Romcim representatives.

 

“Proximity and local presence play an essential role in our industry, and this acquisition significantly strengthens our presence in the most dynamic urban markets in Romania and illustrates ROMCIM’s commitment to becoming the main supplier of construction materials for the construction sector in Romania,” says Frederic Aubet, General Manager of CRH companies in Romania.

 

Lagardere Travel Retail extends lease at Globalworth Campus

Lagardere Travel Retail, part of the French group Lagardère, has extended the lease for its 2,300 square meter headquarters in the Globalworth Campus office complex.

 

The renegotiation process was assisted and coordinated by the Office Agency team of Cushman & Wakefield Echinox.

 

“In the current market cycle, where the supply of new deliveries is limited, and companies are increasingly attentive to efficiency and employee experience, we see a clear orientation towards high-performance buildings, well-connected and with services that support a flexible way of working. Contract extensions have become an essential component of the leasing activity, and projects such as Globalworth Campus remain among the most attractive options for tenants seeking stability, predictability and a high standard of space,” says Monica Vasile, Office Agency Director, Cushman & Wakefield Echinox.

BearingPoint relocates Bucharest office to Timpuri Noi Square

BearingPoint, an independent management and technology consultancy with European roots, relocated its Bucharest office to Timpuri Noi Square, owned by Vastint Romania.

 

BearingPoint has been present in Romania since 2007 and  has a team of more than 850 employees in six offices in Romania, located in Bucharest, Braşov, Cluj-Napoca, Iaşi, Sibiu, and Timişoara.

 

“We are pleased to have BearingPoint as a tenant to Timpuri Noi Square, a project designed to support companies that value performance, collaboration and long-term growth. Their decision reflects not only the quality of the space, but also the strength of the community we are building here. Alongside a diverse mix of international companies already present in the project, BearingPoint is part of a dynamic business ecosystem here that encourages interaction, knowledge sharing and innovation. As one of the most ambitious urban regeneration projects in Bucharest, Timpuri Noi Square is reshaping the way people experience the workplace. It is more than an office destination – it is a place where companies can connect, evolve and create meaningful experiences for their teams”, said Sorin Macoveiu, Commercial Manager Vastint Romania.

 

The lease transaction was facilitated by the advisory company Griffes.

 

front page info
LATEST NEWS
26 June 2026 Record Number of Slovaks Traveled Abroad for Leisure in 2025 as Domestic Tourism Remained Stable 26 June 2026 Acoustic Design Helps Serbia’s Fruške Terme Resort Balance Scale with Guest Comfort 26 June 2026 Accolade Industrial Fund Expands European Logistics Portfolio to €2.3 Billion 26 June 2026 SHD Real Estate Plans 179-Unit Residential Development at Lipno Reservoir 25 June 2026 Europe’s Office Market Looks Beyond AI as Economic Fundamentals Continue to Shape Demand 25 June 2026 Rohde & Schwarz Topex Expands Bucharest Presence with 10,000 sqm Lease at myhive IRIDE | nineteen 25 June 2026 Why Tokyo’s New Skyline Is Built to Move During Earthquakes