Three real estate developers plan 2,500 apartments

Entrepreneurs Cosmin Filpișan, Attila Ivacson and Florin Dogariu, who have developed over 1,300 apartments in Popești-Leordeni so far, mainly under the Siena brand, have entered into a new partnership, through which they plan to develop 2,500 apartments in the next 4 years.

The newest project of the investor group is the second phase of Ananda Residence in Popești-Leordeni. “The project is in the authorization phase, on the last hundred meters. It consists of 500 apartments, being designed as a continuation of the project on Biruinței 7”, said Cosmin Filpișan.

The investors bought land with a cumulative area of about 60,000 square meters in Popești-Leordeni on which they planned to build 4 residential projects. “In the 4 projects, which will be carried out over the next 4 years, we will build 2,500 apartments”, says Filpișan. The group’s sales representative is the real estate broker Sud Rezidențial

Source: Profit.ro

Almost 1,300 hotel rooms under construction and EUR 900 mln investments in Brasov

The development of defense industries, but also the acceleration of the real estate market, continues to attract investments in Brasov, both on the HoReCa side, and when it comes to production or logistics.

Brasov is gaining importance on the map of Romania due to the consolidation of the defense sector and transport routes, attracting new real estate investments mainly in hotel, residential, logistics and mixed-use projects.

The city hall has budgeted EUR 154 million for investments in 2025 to be allocated for education, public development, infrastructure and tourism. The County Council has a budget of EUR 172 million for infrastructure: 100 kilometers for county roads and 53.1 kilometers for the Braşov Metropolitan Belt. One of the most discussed projects is the Rheinmetall powder factory in Victoria, a project worth over EUR 500 million, supported by funds from the European Commission as well as Romanian public funds.

APS Holding completes acquisition of IMO Property Investments Bucharest

APS Holding, a Czech-based non-performing loan manager, has completed the acquisition of real estate company IMO Property Investments Bucharest and the related portfolio from Eurobank SA.

“The acquired portfolio includes a diversified range of properties across the country, offering considerable potential for strategic capitalization and development,” commented Radu Dobre, Country Manager of APS Romania.

“We are delighted to complete this important acquisition in Romania. This strategic investment aligns perfectly with our growth strategy and demonstrates our strong confidence in the Romanian real estate sector. We greatly value our partnership with Eurobank and look forward to exploring other mutually beneficial opportunities in the future,” said Viktor Toth, CIO of APS Holding.

The transaction was facilitated by APS Investments, with legal assistance provided by Legal Ground/360 Competition. Eurobank SA was advised by Schoenherr (legal) and Deloitte (transactional support).

Colliers takes over the management of Victoria Center office building

Real estate consultancy Colliers is strengthening its partnership with Solida Capital by taking over the property management of Victoria Center, marking a significant step in its collaboration with one of the newest active investors in the Romanian real estate market.

Victoria Center, located in one of Bucharest’s most iconic areas – Calea Victoriei, has a BREEAM In-Use Excellent certification, and offers around 8,600 square meters of modern, efficient, and sustainable office space, designed to meet the highest standards. Recently acquired by Solida Capital Europe, the building is home to a diverse mix of prominent tenants across sectors such as IT, legal, financial services, and diplomacy.

“We welcome our partners from Solida to Romania and look forward to supporting the success of their first local project by providing integrated property management services. It is an honor to be part of this new beginning and to contribute to their expansion in the Romanian real estate market”, said Ștefania Baldovinescu, Senior Partner | Asset Services at Colliers.

“We are pleased to announce the beginning of our collaboration with Colliers, who will serve as the property manager for Victoria Center. This marks an important new chapter for the building and reflects our commitment to delivering a fresh and modern experience for all tenants. Our shared goal is to enhance the overall tenant journey while positioning Victoria Center as a dynamic and attractive destination in the Bucharest office market. With a solid base of existing tenants and a carefully curated approach to future occupancies, we are confident this partnership will play a key role in realizing our long-term vision for the property. We look forward to working closely with Colliers to bring this vision to life”, said Fabio Melis, Director at Solida Capital Europe.

Quartier Ferdinand becomes the first ZEB pre-certified residential project in Bucharest

The real estate developer STC Partners continues its commitment to sustainability and the durability of the projects it develops and obtains the ZEB pre-certification – signed by the Romania Green Building Council – for the Quartier Ferdinand residential complex, thus becoming the first net zero carbon emissions real estate project in Romania.

In addition to the Green Homes pre-certification, Quartier Ferdinand has also received the nZEB pre-certification, a certificate issued by the Romania Green Building Council (RoGBC) – the leading organization in Romania that provides independent, third-party verification for Green Homes certification.

“We are preserving the architectural heritage of the area and integrating a modern project, a new development by STC Partners that will bring a change to the local landscape, on a beautiful boulevard with a rich history for Bucharest. Therefore, we are even more delighted to offer this area the first net zero carbon emissions building,” states Roxana Cristea – Partner & COO – STC Partners.

Developed on a 4,400 sqm plot, Quartier Ferdinand includes 170 apartments, street-level retail spaces, exclusively underground parking, a unique rooftop recreation area, and a playground for children. Quartier Ferdinand, with an investment of over EUR 35 million, is currently under development and is expected to be completed in the last quarter of next year, 2026. The project’s sales are nearing 40%.

Quartier Ferdinand becomes the first ZEB pre-certified residential project in Bucharest

The real estate developer STC Partners continues its commitment to sustainability and the durability of the projects it develops and obtains the ZEB pre-certification – signed by the Romania Green Building Council – for the Quartier Ferdinand residential complex, thus becoming the first net zero carbon emissions real estate project in Romania.

In addition to the Green Homes pre-certification, Quartier Ferdinand has also received the nZEB pre-certification, a certificate issued by the Romania Green Building Council (RoGBC) – the leading organization in Romania that provides independent, third-party verification for Green Homes certification.

“We are preserving the architectural heritage of the area and integrating a modern project, a new development by STC Partners that will bring a change to the local landscape, on a beautiful boulevard with a rich history for Bucharest. Therefore, we are even more delighted to offer this area the first net zero carbon emissions building,” states Roxana Cristea – Partner & COO – STC Partners.

Developed on a 4,400 sqm plot, Quartier Ferdinand includes 170 apartments, street-level retail spaces, exclusively underground parking, a unique rooftop recreation area, and a playground for children. Quartier Ferdinand, with an investment of over EUR 35 million, is currently under development and is expected to be completed in the last quarter of next year, 2026. The project’s sales are nearing 40%.

GELD Capital Management and REPACO Capital to open 3 new retail parks in 2025

GELD Capital Management and its subsidiary REPACO Capital are inaugurating Curtea de Argeș Retail Park on April 17, 2025, while a similar project is under construction in Breaza, and in the final approval phase – a retail park in Brașov.

Curtea de Argeș Retail Park has a leasable area of 6,100 sqm. Among the tenants of this strip mall are: Annabella, Tedi, Hesburger, Pepco, Sinsay, CCC, Worldbox, Agroland and RadicStar.

In addition to the newly inaugurated strip mall, GELD Capital Management has another similar project in the execution phase, Breaza Retail Park, whose leasable area is 3,100 sq m. The main retailer with the role of “anchor” will be Lidl. The project has a 100% occupancy rate by tenants, including retailers Pepco and Sinsay.

REPACO Capital has another similar project in the final phase of obtaining construction permits: Bartolomeu Retail Park, located in Brașov, with a leasable area of 5,500 sqm.

Puii Mei opens new restaurant at Colosseum Mall

Colosseum Mall announces the opening of the new Asian restaurant Puii Mei in the shopping center. This opening comes shortly after the successful launch of the premium multiplex Happy Cinema, inaugurated earlier this year.

Puii Mei restaurant, launched in Colosseum Mall, represents an investment of over EUR 150,000 and is part of the expanding process of the restaurant network owned by the American Asian Tasty.

“The food court, alongside Happy Cinema and Hype, contributes to creating a complete experience for Colosseum Mall customers by offering leisure alternatives. Culinary diversity is essential in a successful food court, and the Asian-themed Puii Mei restaurant has been very well received, attracting an increasing number of visitors. In the coming period, we will announce new openings,” added Doinița Ilie, Leasing & Marketing Director at Colosseum Mall.

In the last three years, Colosseum Mall has attracted more than 50 local and international brands to its portfolio and expanded its retail spaces by over 16,500 square meters. In 2024, cumulative tenant turnover increased by 18% compared to 2023, while traffic in the shopping center grew by 7%.

Theta Furniture & More’s CEO, Cătălin Rotaru, has acquired a 40% stake in the company

Theta Furniture & More, one of the main players in the interior design and fit-out market, is entering a new stage of development. The company’s CEO, Cătălin Rotaru, has acquired a 40% stake in Theta, through a management buyout transaction aimed at strengthening the transformation and sustainable development of the business in the long term.

The transaction was carried out through Woodwire Partners, an investment vehicle set up by Cătălin Rotaru together with other investors. The shares were purchased from Florin Gheorghe, the founder of Theta, who thus completely exited the company, and from Gelu Florian, founding partner and technical craftsman of the company’s construction.

Following this transaction, which also involved a capital injection to consolidate the company’s activity, the new shareholding structure of Theta Furniture & More looks like this:

• Black Sea Fund I – 50%
• Woodwire Partners – 40%
• Gelu Florian – 10%

“This is a defining moment for Theta,” says Cătălin Rotaru, CEO of Theta Furniture & More. ”First of all, we are grateful to Florin for his absolutely essential contribution to the company’s evolution – thanks to him, Theta is a name with resonance in the market.”

Bucharest National Airports Company launches tender for the design of the new terminal

The Bucharest National Airports Company, which manages the Otopeni and Băneasa airports, announced the launch of the tender for the design of the new Terminal of the Henri Coandă Bucharest International Airport and the related airport infrastructure.

“The procedure for awarding the design services contract for the studies, concept, technical execution project and technical assistance during the execution of the works has been initiated, part of the “Strategic Program for the Development of Airport Infrastructure at Henri Coandă Airport – Bucharest”. The project aims to create a modern, sustainable infrastructure that complies with the highest international standards, capable of accommodating a forecast traffic of 30 million passengers annually by 2040. The main objective of this project is to create a new Passenger Terminal with all the necessary facilities, oriented towards the passenger experience – generous and comfortable spaces, intuitive flows, efficient air conditioning and ambient lighting, various spaces for public catering, shopping, and lounges”, announced CNAB representatives.

The new terminal will have a built area of 176,000 square meters. The value of the new terminal would reach approximately EUR 1.5 billion.

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