CBRE Romania Promotes Ramona Hîrnea to Head of Investor Retail Leasing

CBRE Romania has announced the promotion of Ramona Hîrnea to Head of Investor Retail Leasing, strengthening its leadership team for national operations.

With 22 years of experience in commercial space leasing, Ramona Hîrnea has successfully led major expansion and repositioning projects for prominent brands across sectors such as press and convenience, fashion, food, sports, and jewelry.

CBRE Group is the world’s largest commercial real estate services and investment firm, with more than 115,000 employees serving clients in over 100 countries. In Romania, CBRE offers a comprehensive range of services, including facilities, transactions and project management, property management, investment management, property valuation, real estate leasing, strategic consulting, property sales, mortgage services, and development advisory.

Nusco brings the concept of a mini urban forest to Nusco City

Nusco is integrating the concept of a mini urban forest into the urban regeneration project Nusco City, over an area of 20,000 square meters, with more than 1,000 trees and green spaces.

The urban forest will begin to take shape as early as the current development stage of the project, namely phase two. The second phase of the Nusco City project includes seven buildings with a total of 828 apartments and 1,033 underground parking spaces (featuring double studios, two-, three-, and four-room apartments, as well as exclusive duplexes), and will cover an area of 23,662 square meters. The first three buildings of this phase are scheduled to be delivered this year, while the remaining four buildings – which are currently under development – are expected to be completed in the first half of 2026. The total investment for this project’s second phase exceeds EUR 130 million.

The concept of “tiny forests” or urban “micro-forests” was incorporated into the plant compositions of the residential complex, as it perfectly fits the need for rapid, sustainable, and resilient urban greening. There is a growing necessity to restore the ecosystem qualities affected by development construction sites. This concept was initiated and popularized by Japanese ecologist Akira Miyawaki. He developed a rapid and efficient reforestation method known as the Miyawaki Method, which involves planting a wide variety of native species in a small area to create a forest that mimics a natural ecosystem, with high tree density. Miyawaki demonstrated that this type of forest can grow significantly faster than forests planted using traditional methods.

“With every stage we develop in Nusco City, our excitement grows proportionally, and with every partnership, we get closer to realizing our vision for this project — which has already become a destination in itself, a standalone address and a landmark of the Capital. We couldn’t be prouder of the involvement of the University of Agronomic Sciences and the Faculty of Horticulture, specifically the Department of Landscape Architecture, Biodiversity and Ornamental Horticulture, in this spectacular urban forest concept that will enhance the project in every way,” stated Michele Nusco – CEO of Nusco.

Retros Gallery officially opens its new vintage furniture showroom

Retros Gallery officially opened the doors of its new vintage furniture showroom, located on Str. Duetului 54-56, marking an important step in its journey of showcasing timeless design and craftsmanship. The launch was graced by a collaborative art exhibition with Galleria 146, which featured a new photography series by Dragoș Sora, titled “It Takes Time to Find Your Place”. The new showroom spans an impressive 1400 square meters.

“At Galleria 146 we are always looking for ways to connect artistic disciplines and create a space for emotion in design. This collaboration with Retros and Dragoș was truly aligned with our character – a deep, thoughtful and reflective collaboration”, said Filippo Musneci, founder of Galleria 146.

Romanian Post leases 5,000 sqm in the CTPark Bucharest logistics project

CTP has initialed a new strategic partnership with the National Company “Romanian Post”. Starting with the spring of this year, Romanian Post temporarily leased a space of over 5,000 sqm for the activity of the Bucharest Regional Logistics and Courier Hub, in the CTPark Bucharest industrial park, located in the west of the Capital, on the A1 Highway at km 13.

The National Company “Romanian Post” is currently in a historic process of modernization and optimization of the logistics infrastructure, investing over RON 80 million in the renovation and development of regional hubs, and also in the endowment with state-of-the-art sorting equipment.

“We are pleased to host Romanian Post in our community in CTPark Bucharest and to contribute, through our quality infrastructure, to the streamlining of the logistics activities of a key player in the field of postal and courier services. It is a collaboration that reflects the growing trust of Romanian companies in CTP standards,” said Nicoleta Gavrilă, Senior Business Developer at CTP Romania.

Carrefour closes the hypermarket in the Sun Plaza mall in southern Bucharest

Carrefour is closing its store in the Sun Plaza mall in southern Bucharest next month, which it had purchased from Cora, saying that the mall is being remodeled, and this means freeing up space for a long period of time, and therefore “can no longer ensure the continuity of the shopping experience.”

The store in Sun Plaza is a former Cora. The area is large, the store has about 12,000 square meters. Carrefour has massively reduced the area of another Cora store after the takeover, Cora Lujerului in the west of the city. Thus, when it reopened it last fall under the Carrefour brand, the store was left with a sales area of 7,656 square meters, being over 6,300 square meters smaller than the former Cora that opened its doors in 2005.

Source: economica.net

Wendy’s opens first location in Bucharest

The American fast-food restaurant chain Wendy’s has opened its first location in Bucharest, in the Mega Mall shopping center. Customers lined up an hour before the official opening to take advantage of the 50% discount granted to the first 100 customers.

Wendy’s wants to open 100 restaurants in Romania in the next 5 years, with an investment of USD 200 million. The next restaurant will open in Ploiești, in July.

Currently, 30 employees work at the Bucharest restaurant. In the Mega Mall kitchen also work employees brought in from Canada to teach Romanians how to make the dishes.

The Wendy’s restaurant chain has over 7,000 restaurants worldwide, of which over 1,300 are located outside the United States.

Source: wall-street.ro

Pavăl brothers acquire Ethos House office building in Bucharest

Entrepreneurs Dragoș and Adrian Pavăl, owners of Dedeman, have bought the Ethos House office building in the Floreasca district of Bucharest from Greek businessman Anastasios Gkotsis. The transaction is estimated at EUR 24-25 million.

Anastasios Gkotsis built the Ethos House office building in the Floreasca area in 2014, following an investment of about EUR 8 million. Companies such as Arval, BNP Paribas Cardif, Forte Partners, Crosspoint Real Estate and the French Chamber of Commerce, Industry and Agriculture in Romania are headquartered here.

The building has a leasable area of about 8,000 square meters distributed on the ground floor and seven floors above ground.

Source: Profit.ro

Tchibo Brands Romania moves its office to Business Garden Bucharest

Vastint Romania has concluded a new lease agreement with Tchibo Brands Romania, which is relocating its headquarters to Business Garden Bucharest, Building A, 4th floor, occupying a space of 1,130 sqm.

Tchibo entered the Romanian market in 1997, when the first coffee imports were made. Since then, Tchibo products have become an essential element in the shopping cart of Romanian consumers, the company becoming one of the main players in the local coffee market.

“Considering that sustainability is an essential pillar of our identity, and our efforts in this direction have been repeatedly recognized through various distinctions, it gives us great pleasure to announce the move to a new space – Business Garden Bucharest. This office project fully complies with ESG criteria, reflecting our values. The new headquarters offers us the opportunity to expand our team and continue to deliver coffee experiences at the highest level to our consumers, in which tradition and joy are harmoniously intertwined”, said Marian Ene, General Manager Tchibo Brands Romania & Bulgaria.

The rental transaction was facilitated by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate alliance.

“Tchibo, in the process of relocating its headquarters and consolidating its business with a new IT&C division, was looking for a state-of-the-art office building that would comply with ESG criteria and would have as many facilities as possible. Business Garden Bucharest meets all these conditions and, in addition, is owned by an experienced international developer, which also represents a guarantee. For this reason, the tenant signed a contract for a very long period”, says Nicolae Ciobanu, Managing Partner – Head of Advisory, Fortim Trusted Advisors, member of the BNP Paribas Real Estate alliance.

“We are pleased to see that our investments in green buildings are appreciated by the most important international players, active in all business areas, which is reflected in the very diversified portfolio of tenants we have attracted in the last year. Among the elements that contribute to the attractiveness of our projects is the extensive range of activities, services and facilities dedicated to employees – from sports fields and recurring internal events, to an in-house radio station and an interesting mix of retailers”, said Sorin Macoveiu, Commercial Director of Vastint Romania.

Romcim acquires two concrete production plants from BCC Agregate Betoane SRL

Cement producer Romcim, owned by the Irish from CRH, has completed the acquisition of two concrete production plants from BCC Agregate Betoane SRL, located in Miroslava and Iaşi, the transaction being approved by the Competition Council.

“We are constantly attentive to the needs of our customers from all market segments, with activity in the development of residential, non-residential projects or large infrastructure works. Proximity is an essential factor in the construction industry and we are pleased that these two concrete production plants in the northeast of the country allow us to offer faster services and accelerate the adoption of sustainable solutions, such as CEVO, our range of concretes with lower CO2 emissions,” said Frederic Aubet, Managing Director of ROMCIM.

Knauf to open glass mineral wool factory in Romania this June

German construction materials manufacturer Knauf Group will open a new glass mineral wool factory this June in Târnăveni, Mureș County, through its subsidiary Knauf Insulation. The facility, described as the most modern of its kind in Central and Eastern Europe, represents an investment of EUR 140 million.

The plant is expected to produce over 75,000 tons of mineral wool annually, serving both the Romanian market and other countries in Central and Eastern Europe.

Earlier this year, in February, Knauf Group also received a construction permit for another factory in Huedin, Cluj County. This project, carried out by its Knauf Gips subsidiary, involves an investment of more than EUR 75 million and is described as the largest investment in this sector in Cluj.

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