All posts by tudor@cijeurope.com.

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.

Beyond Space Launches  “The state of flex office in Romania 2025” study 

The flexible workspace strategy and consulting firm, Beyond Space, founded by Tudor Popp, launches “The State of Flex Office in Romania 2025” — the first study to classify how we understand, design, and measure coworking and flexible workspaces. The report offers the most detailed overview to date of Romania’s coworking and flexible office market, benchmarking it against major European hubs and highlighting emerging trends that are shaping the future of work.

 

Co-created with European coworking experts Pauline Roussel and Dimitar Inchev (TwoFifty Consulting), the study blends architectural insight, market analytics, and cultural research, decoding how workspaces are evolving from “offices” into experience platforms. Moreover, the study analyzes the evolution, maturity, and potential of Romania’s flex office sector — from Bucharest’s premium hubs to the fast-developing ecosystems in Cluj-Napoca, Timișoara, and Iași.

 

“We wanted to build a framework that helps companies, developers, and investors understand not just how much flex exists — but what kind of experience it delivers. This study is more than data; it defines a new language for the workplace. The next office revolution will be emotional, not just spatial,” says Tudor Popp, Founder of Beyond Space.

 

The 2025 report marks only the first phase of Beyond Space’s ongoing research program. In 2026, Phase 2 will extend the analysis with operator and user surveys, financial performance metrics, and cost–benefit benchmarks.

HAGAG Europe Development  Enters the Energy Sector

HAGAG Europe Development  diversifies its operations in Romania and enters the energy sector through the acquisition of BTD Distribuție și Furnizare, a Romanian company specializing in infrastructure development, distribution, and supply of natural gas.

 

Moreover, the investor has opened a new local division to operate under the sub-brand Hagag Energy, and plans to invest over EUR 400 million on the energy market, for the further expansion of its presence in the sector, over the upcoming years.

 

“Over the past eight years, our real estate developments have redefined Bucharest’s urban landscape. Today, we are expanding our vision beyond buildings, taking a first step towards the evolution of the group here in Romania. We continue to be a trusted real estate developer, while also striving to establish ourselves as a strategic player in the energy sector, all guided by the core values that define us — long-term vision, innovation, reliability, quality, and the unwavering commitment to deliver positive social and economic impact. The distribution and supply of natural gas is, for us, just the starting line, as our global vision is to expand our company’s presence across more than one segment of the energy industry, in line with our approach in the real estate sector.”, said Yitzhak Hagag, Cofounder and Chairman of the Board of Directors of Hagag Europe Development.

North Bucharest Investments Drives +30% Sales Growth at BHB Avenue

North Bucharest Investments announces a 30% increase in sales for the premium residential development BHB Avenue, recorded just three weeks after the Grand Opening House event.

 

During this period, one of the project’s most notable transactions was also finalized: the sale of a penthouse valued at over EUR 1.2 million, located on the 7th floor, featuring 208 sqm of interior space, a spectacular 122 sqm terrace, and three parking spaces.

 

“The surge in sales within just a few weeks clearly demonstrates that the high-end market has matured. Buyers are far better informed, they know exactly what matters, and they invest in projects that offer not only space, but also services, design, and long-term value. BHB Avenue delivers on all these fronts — and the results are immediate,” stated Andreea Nicolae, representative of North Bucharest Investments.

 

BHB Avenue offers a rare set of amenities on the Romanian market: a 7-meter-high lobby with concierge service, an 18-meter indoor pool, a state-of-the-art fitness center, a 240 sqm urban garden, and premium finishes throughout.

ROCA Industry Reports Consolidated EBITDA of RON 42.1 mln

ROCA Industry, the industrial holding specialized in the production of construction materials, reports a consolidated turnover of 493.8 million RON for the first nine months of 2025. A 4.5% increase compared to the same period in 2024 is recorded, marking a return to the decreases in the first part of the year.

 

Consolidated EBITDA reached RON 42.1 million (8.5% margin) in 9M 2025, below RON 56.4 million (11.9% margin) in 9M 2024, but above the 7.5% margin in H1 2025. Excluding holding company costs, consolidated EBITDA was RON 48.7 million (compared to RON 61.8 million to 9M 2024), Q3 2025 marking a comeback, with a consolidated EBITDA of RON 21.6 million, marginally exceeding the level of Q3 2024.

 

“I am returning to the position of CEO of ROCA Industry at a key moment for the evolution of the holding, the transition from expansion to consolidation. In less than four years we have reached a turnover of EUR 130 million, with 12 factories in three countries and have formed regional leaders in their sectors of activity. The figures clearly show that the foundation is solid and the investments made in recent years are beginning to prove their potential. 2025 is a year of adjustment, but also learning — a necessary foundation for a new stage of healthy growth.” , declares Ionuț Bindea, CEO of ROCA Industry.

 

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