Apex Alliance Puts Up For Sale the Courtyard by Marriott hotel in Floreasca

Lithuanian hotel operator Apex Alliance Hotel Management has put up for sale the Courtyard by Marriott Bucharest Floreasca hotel, a four-star unit with 259 rooms located on Dimitrie Pompeiu Boulevard in northern Bucharest, through JLL consultants. The Courtyard by Marriott Floreasca hotel could be valued at between EUR 38 and 48 million, equivalent to EUR 150,000–185,000 per room.

The move comes about a year after Apex Alliance sold the Hilton Garden Inn Bucharest Airport hotel, the 218-room unit inside Henri Coanda Airport, to real estate group Yellow Tree.

The buyer is given the option to take over the asset either with a long-term lease or with a hotel management agreement (HMA) with the current operator, as was the case with the Otopeni hotel.

Courtyard by Marriott Bucharest Floreasca opened in October 2019, after an investment of EUR 22.5 million.

Atenor Sells @Expo Office Building in Bucharest and Exits Romania

Belgian real estate developer Atenor has announced the sale of the @Expo office building (57,666 sqm) in Bucharest to a private real estate investment company that intends to hold the asset for the long term.

The @Expo building was developed by Atenor and completed in 2023, achieving BREEAM “Outstanding” and WELL “Platinum” certifications. The building currently has an occupancy rate of only 29%.

With the sale of @Expo and the completion of the commercialization of the UpSite residential project, also in Bucharest, Atenor is ceasing its activities in Romania. The Belgian company says the decision is part of a process to simplify the group’s structures and will generate savings in operational costs.

Winmarkt Sells Turda Mall to City Hall

The Italian group Imobiliare Grande Distribuzione (IGD), which entered the local market 17 years ago by taking over the Winmarkt shopping center network, is selling a new mall in Romania, the one in Turda, with the ultimate goal of selling the entire local business.

The property was purchased by Turda City Hall as part of a conversion and redevelopment project of the area by the city administration, which also involves the Winmarkt commercial structure. The building, spread over three floors, is fully rented and hosts 9 tenants. The total sale price is approximately EUR 500,000.

The mall in Slatina was sold last month, after the one in Tulcea was sold at the end of last year. The company plans to use the money obtained to reduce its debts.

Source: Profit.ro

CIJ EUROPE announces Romania’s nominees for the 𝗛𝗢𝗙 𝗔𝘄𝗮𝗿𝗱𝘀 𝗚𝗮𝗹𝗮 – 𝗕𝗲𝘀𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗕𝗲𝘀𝘁 𝗛𝗮𝗹𝗹 𝗼𝗳 𝗙𝗮𝗺𝗲 2026

HOF Awards bring together the most accomplished projects and companies from across Central and Eastern Europe to compete for one distinction above all others: Best of the Best. The gala brings together the winners of the CIJ Awards Gala 2025, competing across several categories for the title of Best of the Best CEE. On 14 May 2026, Bucharest becomes the meeting point for the region’s elite as the 11th Hall of Fame Awards Gala takes place at the Radisson Blu Hotel Bucharest.

Please check below the list of nominees from Romania. The full CEE list of nominees will be announced shortly.

Best Standard Residential Development of the Year: RO 𝗛𝗜𝗟𝗦 𝗥𝗲𝗽𝘂𝗯𝗹𝗶𝗰𝗮, 𝗣𝗵𝗮𝘀𝗲 𝗜 – 𝗛𝗜𝗟𝗦 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁

Best Premium Residential Development of the Year: RO 𝗔𝗺𝗯𝗲𝗿 𝗙𝗼𝗿𝗲𝘀𝘁 𝗣𝗵𝗮𝘀𝗲 𝟭 – 𝗔𝗹𝗲𝘀𝗼𝗻𝗼𝗿

Best Residential Buildup in Development: RO 𝗔𝗙𝗜 𝗛𝗼𝗺𝗲𝗡𝗼𝗿𝘁𝗵, 𝗣𝗵𝗮𝘀𝗲 𝟮 – 𝗔𝗙𝗜 𝗥𝗼𝗺𝗮𝗻𝗶𝗮

Best Retail Development & Developer of the Year: RO 𝗛𝗦𝘁𝗶𝗿𝗯𝗲𝗶 𝗣𝗮𝗹𝗮𝗰𝗲 – 𝗛𝗮𝗴𝗮𝗴 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗘𝘂𝗿𝗼𝗽𝗲

Best Office Buildup in Development: RO 𝗧𝗶𝗺𝗽𝘂𝗿𝗶 𝗡𝗼𝗶𝗦𝗾𝘂𝗮𝗿𝗲, 𝗣𝗵𝗮𝘀𝗲 𝟮 – 𝗩𝗮𝘀𝘁𝗶𝗻𝘁 𝗥𝗼𝗺𝗮𝗻𝗶𝗮

Best Mixed-Use Buildup in Development: RO 𝗣𝗿𝗼𝗺𝗲𝗻𝗮𝗱𝗮 𝗠𝗮𝗹𝗹 𝗕𝘂𝗰𝗵𝗮𝗿𝗲𝘀𝘁 – 𝗡𝗘𝗣𝗜 𝗥𝗼𝗰𝗸𝗰𝗮𝘀𝘁𝗹𝗲

Best Warehouse Development & Developer of the Year: RO 𝗖𝗧𝗣𝗮𝗿𝗸 𝗣𝗹𝗼𝗶𝗲𝘀𝘁𝗶 – 𝗖𝗧𝗣

Best Warehouse Buildup in Development: RO 𝗪𝗗𝗣 𝗣𝗮𝗿𝗸𝗕𝘂𝗰𝗵𝗮𝗿𝗲𝘀𝘁 – 𝗦𝘁𝗲𝗳𝗮𝗻𝗲𝘀𝘁𝗶 – 𝗪𝗗𝗣 (𝟱𝟰,𝟬𝟬𝟬 𝘀𝗾𝗺)

Refurbishment of the Year: RO 𝗛 𝗦𝘁𝗶𝗿𝗯𝗲𝗶 𝗣𝗮𝗹𝗮𝗰𝗲 – 𝗛𝗮𝗴𝗮𝗴𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗘𝘂𝗿𝗼𝗽𝗲

Best Commercial Fit-Out (Project) of the Year: RO 𝗝𝗪𝗠𝗮𝗿𝗿𝗶𝗼𝘁𝘁 𝗕𝘂𝗰𝗵𝗮𝗿𝗲𝘀𝘁 𝗚𝗿𝗮𝗻𝗱 𝗛𝗼𝘁𝗲𝗹 – 𝗪𝗘𝗠𝗔𝗧

Best Leading Green Development & Developer of the Year: RO 𝗧𝗶𝗺𝗽𝘂𝗿𝗶 𝗡𝗼𝗶 𝗦𝗾𝘂𝗮𝗿𝗲 𝟮 – 𝗩𝗮𝘀𝘁𝗶𝗻𝘁

Best New Office Lease of the Year: RO 𝗚𝗮𝗿𝗺𝗶𝗻 – 𝟴,𝟱𝟬𝟬𝘀𝗾𝗺 – 𝗨𝗻𝗶𝘁𝗲 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗖𝗲𝗻𝘁𝗲𝗿 𝗖𝗹𝘂𝗷

Best New Retail Lease of the Year: RO 𝗔𝘂𝗰𝗵𝗮𝗻 – 𝟳,𝟬𝟬𝟬𝘀𝗾𝗺 – 𝗦𝘂𝗻 𝗣𝗹𝗮𝘇𝗮

Best New Warehouse Lease of the Year: RO 𝗩𝗔𝗧 – 𝟮𝟭,𝟬𝟬𝟬 𝘀𝗾𝗺 – 𝗩𝗚𝗣 𝗣𝗮𝗿𝗸 𝗔𝗿𝗮𝗱

Best Investment Transaction of the Year: RO 𝗠 𝗖𝗼𝗿𝗲 – 𝟳𝗿𝗲𝘁𝗮𝗶𝗹 𝗽𝗮𝗿𝗸𝘀 – 𝗠𝗔𝗦 𝗣.𝗟.𝗖

Best Real Estate Law Firm of the Year: RO 𝗣𝗘𝗟𝗜𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀

Best Tax & Financial Advisory of the Year: RO 𝗕𝗶𝗿𝗶𝘀𝗚𝗼𝗿𝗮𝗻

Best Constructor of the Year: RO 𝗕𝗼𝗴’𝗔𝗿𝘁

Best Project Management Company of the Year: RO 𝗩𝗶𝘁𝗮𝗹𝗶𝘀 𝗖𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴

Best Facility Management Company of the Year: RO 𝗖𝗼𝗿𝗮𝗹 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁

Best Property Management Company of the Year: RO 𝗖𝗕𝗥𝗘

Best Residential Real Estate Agency of the Year: RO 𝗡𝗼𝗿𝘁𝗵 𝗕𝘂𝗰𝗵𝗮𝗿𝗲𝘀𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀

Best Local Commercial Real Estate Agency of the Year: RO 𝗖𝗿𝗼𝘀𝘀𝗽𝗼𝗶𝗻𝘁 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲

Best International Commercial Real Estate Agency of the Year: RO 𝗖𝘂𝘀𝗵𝗺𝗮𝗻 & 𝗪𝗮𝗸𝗲𝗳𝗶𝗲𝗹𝗱 𝗘𝗰𝗵𝗶𝗻𝗼𝘅

Best Commercial Design Space Company of the Year: RO 𝗖𝗢𝗦

Architectural Studio of the Year: RO 𝗗𝗥𝗦 𝗔𝗿𝗰𝗵𝗶𝘁𝗲𝗰𝘁𝘀

Energy Solutions Provider of the Year: RO 𝗪𝗜𝗥𝗘𝗡

Interior Product Provider of the Year: RO 𝗦𝗮𝗺𝘀𝘂𝗻𝗴𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀

Best Marketing & PR Professional of the Year: RO 𝗔𝗻𝗱𝗿𝗲𝗲𝗮 𝗗𝘂𝗺𝗶𝘁𝗿𝘂

Best Property Leadership of the Year: RO 𝗠𝗶𝗰𝗵𝗲𝗹𝗲 𝗡𝘂𝘀𝗰𝗼

For more details, please check our website: https://hofawards.eu/

HOF Awards Partners are: North Bucharest Investments, Speedwell, AFI Romania, CPI Property Group, Cloud9 Residence, WDP, VASTINT, Filip & Company, Coral Construct, Lion’s Head, Carbon Tool, Crosspoint Real Estate, WEMAT, DRS Architects, Omifa, Miss Green.

Concordia Partners Developer Obtains EUR 14.5 mln Financing to Complete The Concord project

Real estate development company Concordia Partners, in association with lawyer Gheorghe Musat, contracted a EUR 14.5 million financing from Garanti BBVA for the completion of premium residential project The Concord, located on the northern area of Bucharest, in the immediate vicinity of the Pipera metro station.

The Concord, whose real estate consultant and exclusive agent is SVN Romania, is located on Dimitrie Pompeiu Boulevard and is composed of a building with two underground floors, ground floor and 11 floors, comprising 155 apartments with two, three and four rooms, including apartments with a garden.

The project, which will also provide its residents with an underground parking lot with 168 spaces, is scheduled for delivery in December 2026. The sales process of the apartments started this week.

Veranda Mall Secures EUR 36 mln financing from CEC Bank

CEC Bank has granted EUR 36 million in financing to Veranda Obor SA, the owner of the Veranda Mall shopping center in Bucharest. The facility is intended to refinance existing exposure, support the project’s development plans and, for the first time, make capital distributions to the company’s shareholders.

The new financing comes against the backdrop of solid operational developments in the post-pandemic period. Veranda Mall has maintained – and continues to have – an occupancy rate of almost 100% throughout the post-pandemic period.

Retailers in the shopping center reported sales growth of over 5% in 2025, and at the company level, the financial performance confirms the same direction: revenues from space rental are on an upward trend, with an estimated turnover for 2025 exceeding RON 50 million, up over 10% compared to the previous year.

Source: Proift.ro

The Number of Building Permits for Residential Buildings Decreased by 7.8%

In January 2026, the authorities issued 7.8% fewer building permits for residential buildings compared to the same period in 2025, according to data from the National Institute of Statistics.

Thus, in January 2026, 1,768 building permits for residential buildings were issued (-7.8% compared to January 2025), with a total useful area of 532,378 sqm (+13.5%). Of the total building permits for residential buildings, 73.7% are for rural areas.

Also, in January 2026, there is a decrease in the number of building permits issued for residential buildings compared to the previous month (-150 permits).

In January 2026, 377 building permits were issued for non-residential buildings (+9.3% compared to January 2025), in a total usable area of 175,903 sqm (-51.7%).

BIPA Opens its Second Store in Romania, in Chiajna

The largest drugstore chain in Austria, the BIPA brand, continues its development on the Romanian market and opens the second store in the network, in Chiajna, at the Chiajna Shopping Center. The BIPA store in Chiajna covers an area of approximately 305 square meters.

“The opening of the second BIPA store in Romania reflects our confidence in the potential of the local market and confirms the development direction 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.

The next store will be opened in Sfântu Gheorghe. Its first store opened in Romania was in Mega Mall Bucharest.

Source: Profit.ro

Alumil Ended 2025 with a turnover of RON 118.9 million, up 5.2%

Alumil Rom Industry SA ended 2025 with a turnover of RON 118.9 million, up 5.2% compared to 2024. The net profit recorded by the company increased by 17.5% compared to the previous year, to RON 6.2 million.

“2025 was a year of consolidation of operational efficiency for Alumil Romania, and the results obtained confirm that the strategy followed and the decisions made were correct and adapted to the economic context. Revenues increased by 5.2%, and net profit increased by 17.5%. We recorded the greatest advance in operational profit, of 21.3%, which reached 8.1 million lei. These are results that we achieved by improving the level of team involvement and expanding digital transformation projects, in parallel with diversifying the offer with new architectural aluminum systems with innovative features and high performance,” said Marius Ioniță, general manager of Alumil Rom Industry.

CPI Romania concluded 2025 with a portfolio of 280,000 sqm of modern office space

CPI Romania concluded 2025 with a portfolio of 280,000 sqm of modern office space, representing 8% of Bucharest’s modern stock. The shopping centers in the company’s portfolio recorded an impressive occupancy rate of 98%, while Sun Plaza Bucharest launched a complex remodeling process, confirming the company’s commitment to excellence and innovation. CPI Romania is part of CPI Property Group, one of the largest real estate owners in Europe, with a portfolio valued at EUR 18 billion at the end of the third quarter of last year.

In the office segment, in 2025 the company secured a total area of over 55,000 sqm, both through the signing of lease agreements with new tenants and through renewals of existing contracts, reaching a market share of 21.5%. Among the tenants that expanded or maintained their presence in CPI Romania’s buildings are Societe Generale Global Solution Centre and Foundever Romania in Campus 6.3, Pluxee Romania in the myhive IRIDE | nineteen building, Servier in myhive S-Park, MagnaPharm in the Expo Business Park project, as well as WPP, Infosys and Dentons in The Mark building.

“2025 challenged us to be more flexible and more creative in a complex economic and political context, as well as in an era of changing consumption habits. We continued to invest in strategic projects, consolidating them and increasing their attractiveness. In retail, we focused on introducing innovative formats, top brands and entertainment solutions to meet the expectations of a demanding audience. In the office segment, we stood closer to our tenants, offering flexible, sustainable solutions and services that simplify employees’ lives. We will continue to invest in projects with long-term potential to consolidate our presence on the local market,” stated Fulga Dinu, Country Manager CPI Romania.

CPI Romania’s strategy in the office segment has evolved in recent years to respond to market demands, becoming an important player in the private healthcare services area. In 2025, Policlinica Băneasa (Regina Maria Network), relocated at the end of 2024 to Băneasa Airport Tower office building, began an expansion process that will continue into 2026. At the same time, Leventer Medical Group recently inaugurated Băneasa Tumor Center Hospital in myhive Victoria Park, following an investment of over Eur 30 million, a project dedicated to the integrated treatment of tumor pathologies. The hospital covers an area of approximately 10,000 sqm and is planned to expand to over 12,000 square meters in a subsequent development phase.

2025 was also dynamic in the retail segment: Openings included: Primark and Reserved in VIVO! Cluj-Napoca, a new Mohito concept store in VIVO! Cluj-Napoca and Sun Plaza, Kiko Milano in Sun Plaza, the Fryday concept in all VIVO! centers and in Sun Plaza, Tucano café in VIVO! Pitești, Taco Bell restaurant in Sun Plaza, as well as the Puii mei chain in VIVO! Pitești, VIVO! Baia Mare and Sun Plaza. Inditex brought the most modern Zara and Pull&Bear store concepts to Sun Plaza, while Peek & Cloppenburg modernized its store in VIVO! Constanța.

The transformation of Sun Plaza will continue in 2026 with a latest generation Auchan supermarket covering 7,000 sqm, alongside a fashion hub for international brands occupying a space of 16,000 sqm.

All CPI Romania retail properties are BREEAM Excellent certified, lease agreements are 100% green, and the energy used comes exclusively from renewable sources.

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