All posts by tudor@cijeurope.com.

IGD Sold Winmarkt Oltul in Slatina for EUR 2.4 million

Immobiliare Grande Distribuzione, which owns the Winmarkt shopping center network in Romania, sold the fourth shopping center in the restructuring plan. The shopping center in Slatina is fully leased and has 22 stores. Among the tenants are Carrefour Market, B&B Collection and Kendra. The value of the transaction, brokered by CBRE, was about EUR 2.4 million.

 

With this transaction, the total value of assets in Romania sold by IGD in 2025 reaches about EUR 16.2 million.

 

The company sold three shopping centers in Romania in the first nine months of this year. These are the centers in Cluj-Napoca, Alexandria and Vaslui, for about EUR 14 million.

 

Source: economica.net

SCOR Prepares to Enter Romania, Seeks Offices for 200 Employees

French reinsurance giant SCOR is negotiating the lease of 1,500–2,000 square meters of modern offices in the capital, with the potential to accommodate approximately 200 employees. The move marks one of the most important new corporate entries on the local office market, at a time of historic lows in new office deliveries, but with increased interest in premium ESG buildings in central areas.

 

Market consultants say this is one of the most relevant new applications from a company that has just entered the local market in the last year, in a context in which new demand on the capital’s office market barely exceeds 40,000 sq m per semester – the lowest level in the last four years.

 

Source: zf.ro

Radisson Blu Cluj-Napoca Expands with a New Wing and Premium Amenities

The Radisson Blu Hotel in Cluj-Napoca, operated by Winners Park Invest and inaugurated in the summer of 2022, will open a new wing of the complex in November. The expansion, started last year. The new wing will add 20 premium rooms and suites, along with new conference rooms, a spa, a skybar, two restaurants and a garden.

 

The investment comes to complete the offer of a hotel which, before the reconversion, was the Sport Hotel, a two-star unit, later declassified. The decision to radically transform the former building into a five-star unit, instead of a three-star one, was based on the potential of the location, located in the vicinity of the main event points in Cluj-Napoca, such as the Multipurpose Hall and the stadium. The conversion process involved major challenges, requiring a complete reconfiguration of the interiors, initially very small, to meet the strict standards of the five-star classification.

Sanofi Romania is Relocating its Headquarters to Equilibrium 2

Sanofi Romania is relocating its headquarters to Equilibrium 2, developed by Skanska’s commercial development business unit in Romania. Designed with people and sustainability at its core, Equilibrium 2 offers a modern, future-ready workspace aligned with the highest ESG standards.

Part of the global healthcare group Sanofi, renowned for its expertise and leadership in pharmaceuticals, vaccines, and innovative health solutions, the Romanian affiliate will occupy the 9th floor of Equilibrium 2, starting June 2026.

“We’re delighted to welcome Sanofi Romania to the Equilibrium 2 community,” said Tamara Guleryuz, Leasing & Asset Manager, Skanska. “Companies that actively work to make society better bring an extraordinary energy to our spaces. With Sanofi joining us, we’re not just growing in numbers, but we’re growing in purpose. Their presence adds a new layer of expertise and global perspective to our community, reinforcing our vision of a workplace ecosystem where collaboration and innovation go hand in hand.”

Cencora Romania is Relocating to One Cotroceni Park

One United Properties announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park.

 

The new Cencora Romania office spans over 2,200 square meters, integrates state-of-the-art technologies, and benefits from the high standards of a LEED Platinum and WELL Health & Safety certified building.

 

“We are pleased to welcome Cencora, a global healthcare leader that shares our commitment to sustainability, to the One Cotroceni Park community. The relocation of Cencora Romania reflects the company’s broader strategy to integrate sustainable practices across all areas of its activity, including workspaces. One Cotroceni Park provides a high-performance, inspiring environment, with carefully designed, certified spaces that promote collaboration and wellbeing”, said Mihai Păduroiu, CEO Office Division at One United Properties.

Romania Sotheby’s International Sells First Apartment Paid with Cryptocurrencies

Romania Sotheby’s International Realty announced the completion of the first transaction in which the payment for an apartment in the country was made with cryptocurrencies.

 

The amount was converted into euros EURe, a regulated digital currency equivalent to the euro, the final value of the transaction being EUR 369,000. The apartment traded is located in the historic center of Brașov, in a building with direct access from Republicii Street, recently renovated.

 

“For us, at Romania Sotheby’s International Realty, it was a valuable experience and a natural step towards the digitalization and modernization of the market. Transactions in which blockchain meets classic real estate are no longer a projection of the future, but a concrete reality,” says Cristian Șoaită, Business Development Director.

 

Source: economica.net

Primavera Development Acquired the Former Headquarters of Allianz-Țiriac

Primavera Development has purchased the building of the former headquarters of Allianz-Țiriac in Bucharest. The building is located on Grigore Alexandrescu Street no. 74, was built in 2010 and has an area of ​​approximately 6,450 square meters. Until 2021, the building hosted the offices of the Bucharest branch of Allianz-Țiriac Asigurări SA.

 

The Schoenherr team assisted Allianz-Țiriac Asigurări in this transaction. The transaction value could be around EUR 9-10 million, according to market sources.

 

The building is to be renovated and rented out. Allianz-Țiriac has moved to Țiriac Tower.

Dan Șucu Prepares the Start of his Largest Residential Complex

Businessman Dan Șucu, owner of the Mobexpert group, and his partner, real estate developer Redport, are planning to start work on the first stage of their largest project to date.

 

The two investors paid about EUR 13 million for two plots of land with a combined area of ​​4.4 hectares that they bought near Petrom City. On one of these plots, the investors plan to start construction in the first quarter of next year on a first block of 215 apartments, part of the Infinity Nord complex, which is planned to have a total of about 1,250 housing units, after an investment estimated at EUR 180 million.

 

“The investment in this first stage is about EUR 36 million, and sales will start when we have the building permit,” said Bogdan Gubandru, COO Redport.

 

Source: Profit.ro

LPP Opens Automated Warehouse in Romania

The Polish group LPP has opened an automated e-commerce warehouse near Bucharest, with an area of ​​65,000 square meters. The new center will prepare online orders for countries such as Romania, Bulgaria, Serbia, Bosnia and Herzegovina, Greece, Hungary.

 

The new warehouse can store up to 7.5 million items of clothing and accessories. It is equipped with 630,000 high automated storage spaces, served by 766 autonomous robots, responsible for placing and moving containers with goods and transferring them to operators who pick the products.

 

The Polish group LPP has been present on the local market since 2007 and owns a network of over 200 stores in Romania under five brands: Reserved, Cropp, Mohito, House and Sinsay, with almost 4,000 employees.

 

Source: Profit.ro

Nhood Romania Strengthens Partnership with URBANO Group to Manage Urbano Shopping & Living

Nhood  is expanding its strategic partnership with URBANO Group, the developer of the Urbano Shopping & Living project in the Cluj metropolitan area. Nhood will now take over the full Integrated Property Management mandate for Transylvania’s largest retail park, Urbano Shopping & Living.

 

Nhood will ensure comprehensive property management, coordinate daily operations, and create and implement the marketing strategy.

 

“The new mandate solidifies our strategic partnership with URBANO Group and marks a significant stage in the project’s evolution. Through our integrated expertise in property and facility management, leasing, and operational marketing, we bring a complete, practical approach tailored to the specific needs of each project. Urbano Shopping & Living is a relevant example of how we can create a commercial project that delivers value both for the owner and the community,” stated Răzvan Ciobanu, Head of Property Retail, Nhood Romania.

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