Ansi acquires new land on Expoziţiei Boulevard

Ansi, the Romanian-owned real estate developer, owned by Loredana and Simion Apreutese, specializing in premium residential projects, announces the acquisition of a new land located on Expoziţiei Boulevard, in Sector 1 of the Capital, from GTC.

The new premium residential project will be carried out in partnership with Repaco, a company that will own a 15% stake in the development.

“We are delighted to announce this new investment in a key area of Bucharest and, at the same time, to strengthen our partnership with Repaco. Our shared experience and complementary vision on sustainable and efficient development are assets that will help us deliver a new benchmark of modern urban living,” said Loredana Apreutese, co-owner of Ansi.

Source: Profit.ro

METRO Romania opens 3 new cash&carry stores

The German group METRO, which owns a network of 30 cash&carry stores in Romania, will open 3 more stores of this type in our country.

“In most countries, this format is dying. On the other hand, in Romania, interestingly, there is enough demand and potential for this format that we can develop it until it reaches its maximum potential. And this means that we are expanding the surfaces in the stores to create delivery areas because there is a demand for delivery, and this segment has double-digit growth. Likewise, we have a very good growth in volumes in cash&Carry stores. That is why we are investing in expanding the stores. This year we are investing in expanding the delivery area in the Ștefănești warehouse and we plan to open three new stores in the cash and carry format. In the next three years, we will have investments in expanding the stores and opening new stores”, said Karan Khurana, CEO of METRO Romania.

The company has already identified three cities for the new locations, noting that Bucharest is not among them, the market here being saturated in the cash&Carry segment.

Source: economica.net

Two companies from Ukraine and Israel are building a hotel in Otopeni

The Ukrainian company D Group, owned by Vadim and Anastasia Dashut, together with the Israeli Benish Group, owned by Meni Benish, are building a new hotel near the Henri Coanda Airport in Otopeni.

The land on which the four-star hotel is being built is located 150 meters away from the Otopeni airport and will have 270 rooms. With the start of the works, which began at the end of May, the sale of hotel rooms was also launched. The completion of the construction is expected in the summer of 2027.

The total investment in Wyndham Garden Bucharest amounts to approximately EUR 45.5 million, covering construction, interior design, technical infrastructure and operational launch.

Source: economica.net

INVL Baltic Sea Growth Fund finalizes acquisition of Romania’s Pehart Group

INVL Baltic Sea Growth Fund has completed its acquisition of Pehart Group, a Romanian producer of household and industrial paper products. The transaction was supported by a financing package exceeding EUR 150 million, provided by a consortium that includes the International Finance Corporation (IFC), Banca Transilvania, and ING Bank Romania. The financing includes components linked to sustainability objectives.
Vytautas Plunksnis, Partner at INVL Baltic Sea Growth Fund, stated that the fund plans to support Pehart Group’s management with investments aimed at expanding manufacturing capacities and pursuing potential acquisitions to strengthen the company’s market position in the region.

Gabriel Stanciu, CEO of Pehart Group, said that joining forces with INVL Baltic Sea Growth Fund presents an opportunity to advance the company’s development plans and enhance its standing in the paper products industry. He noted that Pehart intends to continue investing in new technologies, diversify its product range, and expand its operations in international markets. Stanciu also expressed appreciation for the support provided by Pehart’s previous partner, Abris Capital Partners, during recent years of growth.

PRIMA Development Group starts construction works on PRIMA Solis

PRIMA Development Group has started work on its most ambitious project in Bucharest, PRIMA Solis, a residential development located in one of the best connected and most active areas of Sector 2. With 950 apartments built on a 37,000 sqm plot, over 1,000 parking spaces, 60 electric car charging stations, over 500 parking spaces and two playgrounds, the new development is the first premium residential project in the east of Bucharest built to nZEB standard. PRIMA Solis is also the first urban regeneration project to be built on the former Antrefrig industrial platform, on the site of a former furniture factory.

Located in the Mega Mall – Delfinului area, opening to Doamna Ghica Street, PRIMA Solis will be developed in four phases, totalling 9 residential buildings. The developer estimates that the first phase of the new project will be delivered in the summer of 2027. The total value of the development amounts to EUR 140 million.

“PRIMA Solis is the first high-end project in the east of Bucharest to be built to nZEB standard and we are convinced that it will attract the attention of the upper-middle segment, especially the interest of young families and professionals looking for a modern and sustainable lifestyle. PRIMA Solis is one of PRIMA Development Group’s most ambitious projects and we are concentrating in it all the experience we have gained in our two decades of activity on the property market. The complex will feature carefully compartmentalised units, with an emphasis on generous spaces, plenty of natural light, large terraces and smart home solutions”, says Adrian Stoichină, co-CEO PRIMA Development Group.

Catinvest partners with Win Advisors to manage Aparthotel Craiova

The French group Catinvest has entered into a partnership with Win Advisors, a company specialized in hotel management and consultancy. The collaboration aims to take over the operation of Aparthotel Craiova, inaugurated earlier this year within the ElectroPutere Parc complex.

The investment in the aparthotel amounts to EUR 12 million. Win Advisors will ensure the complete management of the property, this being the second hotel unit managed by the company. The aparthotel has 60 apartments.

The decision comes in a context of increasing tourism activity in Craiova. In 2024, the city registered over 166,000 visitors. Of these, about 15% were international tourists.

Leroy Merlin Opens New Store in Eastern Bucharest

Leroy Merlin will open its 24th store in Romania and its fifth in the Capital, in the Supernova Pantelimon shopping center, on a plot of land with a total area of 20,000 square meters.

The store has a built area of approximately 18,700 square meters, has 1,000 parking spaces, four charging stations for electric cars and a modern format.

“Bucharest remains a strategic point in our development, and the Pantelimon area has significant commercial potential, with an active community interested in modern and affordable products. We are happy to be able to transform this location into a functional space, open to all those who want to create a better home, with optimal products and solutions, at low prices, every day”, said Mathieu Bauduin, CEO Leroy Merlin Romania.

Dan Șucu Opens New Mobexpert Store in Eastern Bucharest

Businessman Dan Șucu has opened a new Mobexpert furniture store in eastern Bucharest, matching the size of his flagship location in the Băneasa shopping complex, which is the largest in the Mobexpert network. The new store has been built on the former Policolor industrial platform, on land previously intended for office buildings planned by investors Raul Ciurtin and the Dobra family.

Șucu acquired a 1.2-hectare plot from Raul Ciurtin and Călin and Alina Dobra, part of the larger 14-hectare site formerly occupied by the Policolor paint factory.

On this site, the entrepreneur has developed a new retail complex featuring a two-storey Mobexpert store and a partially connected Altex store with one floor, representing a new retail concept. The Mobexpert Pallady building includes a ground floor and two upper floors, with a footprint of approximately 4,000 square meters and a total area of 12,000 square meters, similar in size to the Mobexpert store in Băneasa. The project required an investment estimated at EUR 10 million.

The Altex store, part of the same development, covers 4,000 square meters and consists of a ground floor and one upper floor.

Hospital and Residential Project Planned on Former Factory Site in Bucharest

Jordanian investor Moh’D Moh’D, together with Romanian businessman Mohamed Hassanain, owner of the International Medical Center network of clinics, is moving forward with plans to build a hospital and residential building in Bucharest’s Drumul Taberei neighborhood. The project is set to rise on the site previously occupied by the Munplast plastics factory.

The investors acquired the 5,683-square-meter property at 53 1 Mai Boulevard in 2021. Following the demolition of the former factory structures, they are preparing to develop two new buildings: a medical clinic and hospital with around 60 beds, and an apartment building containing 174 units. The two buildings will share a two-level underground basement.

Moh’D Moh’D stated that both buildings would be constructed simultaneously due to certain interconnected areas within the development. He noted that construction is expected to begin later this year, pending the completion of permitting processes.

The residential building will feature a ground floor dedicated to commercial spaces and services related to the medical clinic. The project will include 225 underground parking spaces and an additional 37 spaces at ground level.

Source: Profit.ro

CEDER 2025 in review: Building Better: The Future of Residential Real Estate in Romania

The residential real estate market in Romania is moving beyond mere construction to a focus on quality and sustainability. As Daniel Tudor, Founder & CEO of The Concept Group and moderator of the “Sector-Specific Trends part 2” panel discussion held at CEDER 2025, put it, “the real challenge is no longer just about building more, but it’s about building better”. This sentiment resonates across industry leaders, highlighting a shift towards creating enduring value and shaping future cities.

Quality in residential development is not merely about aesthetically pleasing renders or marketing, but rather the proven experience of the developer and general contractor. Adrian Stoichina, Co-CEO & Partner at Prima Development Group, stressed that “The only thing that makes for a good project is a good experience of the developer and a good experience of the general contractor who is doing the construction”. This is crucial for buyer confidence, especially given past market incidents.

Large developers have been paying increased attention to construction quality, focusing not just on building materials, equipment, finishes and fits, but also on a flawless execution. In the words of Andreea Dumitru, Chief Marketing Officer at Hagag Development Europe, “real estate investor-developer Hagag focuses on investing in, creating and developing forward-looking living spaces that are both financially sound and of superior quality, regardless their addressability or price range”. She also notes a “vivid interest in the market for really good product” and says that Hagag “develops really good product at all price points; projects with great locations, great layouts, modern security and privacy features, qualitative finishes, amenities and, very important, prime services”.

Victor Terheș, Sales Director at Bellemonde, reinforced this, stating that “people […] will selectively buy from the ones that usually deliver. […] You have to see the background of the developer. You have to know the level of quality that the developer delivers. […] I think most of us that do quality real estate will go further”. Hence, developers with strong portfolios and credentials are seen as more resilient and less impacted by market fluctuations.

Beyond construction quality, the industry is embracing sustainability as a core principle. Leonidas Anastasopoulos, Co-Founder & Managing Partner at Alesonor, exemplified this through projects like Amber Forest, characterized as “building green, smart and long-term sustainable communities”. He stated that “we have been very dedicated to sustainability […] and we have expanded further and further with every project.” He then detailed practical implementations, such as performing “blower door tests” to ensure low air losses and “thermal scanning to all of our buildings”, even beyond current legislation requirements and standards like the NZEB.

This emphasis on quality and sustainability translates into long-term value for residents. Luciana Giurea, Head of Residential at AFI Europe Romania, articulated a commitment to building for longevity, stating, “especially when we are talking about real estate, we are generally building for the next 100 years”. On this topic, Leonidas Anastasopoulos added that “developers will have a very strong responsibility towards what we deliver, because it’s something which will be used for decades to come. We take that responsibility very seriously and we value the customers that are coming to us.”

Adrian Stoichina observed a positive trend across the industry: “I think it’s amazing that we see more and more buildings which have architecture, which have green areas, which are built according to high efficiency standards. […] I think it’s less and less about apartments and more about building quality projects”. This commitment to quality and sustainability is seen as vital for continued growth and buyer trust.

front page info
LATEST NEWS