Real Estate Developer Andrei Nedelcu Enters the Hotel Market

Businessman Andrei Nedelcu, who has developed about 400 apartments in Bucharest, plans to enter the hospitality market with a 5-star hotel in Brașov and another in Predeal, both under authorization, and is working on EUR 25 million residential projects in the capital.

The entrepreneur is now planning his entry into the hospitality market with a 5-star hotel located in Poiana Brașov. The project, under authorization, provides for the construction of a hotel with 30 rooms and a useful area of about 2,500 square meters, with a SPA, swimming pool, gym, restaurant and a conference room. The investment is estimated at approximately EUR 6 million.

In Predeal, Nedelcu took over a company that had authorization to build a hotel, but which only built the structure of the building. His plan is to complete the accommodation unit in Predeal, which has 50 rooms, a SPA center, a basement pool, a restaurant and a conference room.

Source: Profit.ro

Real Estate Developer Andrei Nedelcu Enters the Hotel Market

Businessman Andrei Nedelcu, who has developed about 400 apartments in Bucharest, plans to enter the hospitality market with a 5-star hotel in Brașov and another in Predeal, both under authorization, and is working on EUR 25 million residential projects in the capital.

The entrepreneur is now planning his entry into the hospitality market with a 5-star hotel located in Poiana Brașov. The project, under authorization, provides for the construction of a hotel with 30 rooms and a useful area of about 2,500 square meters, with a SPA, swimming pool, gym, restaurant and a conference room. The investment is estimated at approximately EUR 6 million.

In Predeal, Nedelcu took over a company that had authorization to build a hotel, but which only built the structure of the building. His plan is to complete the accommodation unit in Predeal, which has 50 rooms, a SPA center, a basement pool, a restaurant and a conference room.

Source: Profit.ro

Opus Land Development Announces the Launch of Cosmopolis Evolia

Opus Land Development, announces the launch of Cosmopolis Evolia – a residential project designed as a natural extension of the largest private neighborhood in Romania and, at the same time, an important step for the future of new generations.

“Cosmopolis Evolia is the project through which we show that modern urbanism in Romania can be competitive at the European level. We have invested in architecture, digitalization, and facilities so that every family can find here not just a home, but a place to build a stable future,” said Ahmet Emre Buyukhanli, President of Opus Land Development.

The area on which Cosmopolis Evolia is being developed covers 270,000 sqm, on land adjacent to Cosmopolis project. Evolia’s development has started with the first 250 villas and 200 apartments, encompassing all types of housing – from studios, one-bedroom, and two-bedroom apartments, to penthouses and villas.

The masterplan of Cosmopolis Evolia, created by the renowned British architecture firm Studio Wild 15, is designed for the next 10 years, with an annual delivery rate of approximately 350 units. The estimated investment in Cosmopolis Evolia exceeds EUR 200 million euros.

Opus Land Development Announces the Launch of Cosmopolis Evolia

Opus Land Development, announces the launch of Cosmopolis Evolia – a residential project designed as a natural extension of the largest private neighborhood in Romania and, at the same time, an important step for the future of new generations.

“Cosmopolis Evolia is the project through which we show that modern urbanism in Romania can be competitive at the European level. We have invested in architecture, digitalization, and facilities so that every family can find here not just a home, but a place to build a stable future,” said Ahmet Emre Buyukhanli, President of Opus Land Development.

The area on which Cosmopolis Evolia is being developed covers 270,000 sqm, on land adjacent to Cosmopolis project. Evolia’s development has started with the first 250 villas and 200 apartments, encompassing all types of housing – from studios, one-bedroom, and two-bedroom apartments, to penthouses and villas.

The masterplan of Cosmopolis Evolia, created by the renowned British architecture firm Studio Wild 15, is designed for the next 10 years, with an annual delivery rate of approximately 350 units. The estimated investment in Cosmopolis Evolia exceeds EUR 200 million euros.

Cloud9 Invests EUR 3 mln in Modern School in the Cloud9 Evolution Project

Cloud9, part of the Alfa Group real estate division, is investing EUR 3 million in a modern school, integrated into the Cloud9 Evolution project. The new educational facility will be ready to open its doors to students in the 2026-2027 school year. The building, with a height regime of B+GF+2F, integrates all the functionalities necessary for a modern institution dedicated to children’s education: 10 classrooms, 4 laboratories, library, gym, medical office, and administrative spaces.

The project is part of the first phase of development of the Cloud9 Evolution premium residential complex, built following an investment of €90 million. Developed on an area of 3.2 hectares, the project will include 1,148 apartments, over 1,200 parking spaces, and a wide range of integrated facilities: 1 hectare of green spaces, a multifunctional sports field, a children’s playground, pedestrian walkways, a café, and a commercial area that will host a supermarket, bakery, wellness services, and charging stations for electric vehicles. Cloud9 Evolution will be developed in two stages, expected to be completed in 2026 and 2027.

“This investment is more than just building an educational facility – it’s a step forward in how we we approach urban living. For us, responsible development isn’t just about well-designed apartments; it’s about creating an ecosystem where people have everything they need right at their doorstep. The ’15-minute city’ concept we implement at Cloud9 Evolution transforms premium living into a lifestyle. In essence, we are laying the foundations for a modern, safe, and connected community where residents can enjoy a balanced way of life, adapted to the current pace of Bucharest,” said Răzvan Brasla, CEO of Cloud9.

Longshield Investment Group Acquires Second Bucharest Office Building

Bucur SA a company controlled by Longshield Investment Group has approved the acquisition of another office building in Bucharest following its recent purchase of the CSDA Siriului property.The latest asset is located on Dr. Felix Street no. 87 near Victoriei Square. It has six floors and a leasable area of about 3000 square metres. The maximum transaction value is set at €3.05 million excluding VAT.This marks Bucur SA’s second acquisition in under two months. At the end of July the company concluded a sale-purchase agreement for the CSDA Siriului office building which also has six floors and a leasable area of 3617 square metres. That deal was valued at over €6 million.

Source: economica.net

Longshield Investment Group Acquires Second Bucharest Office Building

Bucur SA a company controlled by Longshield Investment Group has approved the acquisition of another office building in Bucharest following its recent purchase of the CSDA Siriului property.The latest asset is located on Dr. Felix Street no. 87 near Victoriei Square. It has six floors and a leasable area of about 3000 square metres. The maximum transaction value is set at €3.05 million excluding VAT.This marks Bucur SA’s second acquisition in under two months. At the end of July the company concluded a sale-purchase agreement for the CSDA Siriului office building which also has six floors and a leasable area of 3617 square metres. That deal was valued at over €6 million.

Source: economica.net

Pinum Contracts over EUR 10 mln in Financing from Banca Transilvania

Pinum, one of the leading manufacturers of doors and windows in Romania, has signed a financing agreement worth over EUR 10 million with Banca Transilvania, with funds aimed at developing a state-of-the-art factory in the northern part of Bucharest.

The total investment, which exceeds EUR 14 million, will support the construction of a modern factory in Moara Vlăsiei. The expansion of production lines will allow the company to double its annual capacity for manufacturing doors and windows, supporting Pinum’s strategy to grow its exports. Additionally, the new logistics hub within the factory will help streamline distribution to Pinum showrooms across the country.

“The partnership with Banca Transilvania is a confirmation of trust not only in Pinum’s products but also in the company’s development strategy. The new factory will mean double the production capacity and a more efficient and sustainable way of working. This investment will allow us to innovate and offer our partners and customers the highest quality products, in a way that is environmentally responsible,” stated Francesco Curcio – CEO of Pinum.


The energy requirements for the Moara Vlăsiei factory will be met by solar panels, aiming to reduce reliance on external energy sources and protect the environment.

British Investor Ghai Sant Ram Announces the Launch of HORIZON CITY

British investor Ghai Sant Ram announces the official launch of a new residential project in Romania. HORIZON CITY is located on Bulevardul Pipera no. 2/IXA, right next to Kaufland Pipera. The project represents a EUR 130 million investment on a plot of nearly 23,000 sqm.

The development will be carried out in two phases.In total, the complex will feature 699 apartments and 926 parking spaces, with construction scheduled for full completion and delivery by mid-2027.

“HORIZON CITY is our answer to one of Bucharest’s greatest challenges: the need for high-quality housing, well integrated into the urban fabric, bringing added value to the city’s image and maximum comfort for residents. We deliberately chose the North of the Capital because it concentrates economic, educational, and social development, and our project complements this growth with a residential standard adapted to the present and the future. Here we aim to lay the foundation of a community that will become a landmark for decades and generations to come,” said Cristian Stanciu, CEO of the HORIZON CITY project.

IULIUS Started the Most Extensive Transformation of Palas Iași

This September, IULIUS Company started the first phase of an extensive project for revamping and upgrading the Palas Iași mixed-use complex. Based on a concept developed for the first time in Romania by Foster + Partners, the project will revitalize downtown Iași: more green spaces, innovative retail concepts, new experiences, fitting harmoniously with the cultural and historical diversity of the area. Palas Iași is one of the best-performing mixed-use projects in Romania, with more than 22.2 million visits last year. The remodeling is estimated around EUR 80 million, raising the investment made by IULIUS in downtown Iași upwards of EUR 520-million. The total leasable retail area will increase to 80,000 sqm.

The transformation seeks to optimize the existing spaces and the fitting out of new shopping areas. This process does not involve the construction of new buildings.

“We are excited to begin the remodeling of Palas, a project that takes urban regeneration to the next level owing to the innovative and sustainable vision proposed by the Foster + Partners team of architects. The result will be spectacular and will reflect the special attachment IULIUS has to Iași: a revitalized urban experience, a greener Palas that is better connected with the city, a more attractive space for the community, with more shopping and leisure options. We have designed this process in phases to minimize its impact on the visitors and the business of the complex,” said Raluca Munteanu, Development Manager for IULIUS.

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