Colliers Appointed Exclusive Consultant for the Sale of Haier’s Factory

Colliers has been appointed exclusive consultant for the sale of Haier Tech Europe’s factory on the outskirts of Ploiești, Prahova County. Colliers’ mandate covers representing Haier’s interests in identifying potential buyers or end-users from the manufacturing sector.

The Haier Romania plant sits on a 130,000 sqm site, with a built area of 58,000 sqm and is located in the Ariceștii Rahtivani industrial area, less than one hour from Bucharest’s northern ring road, with fast access to the main road infrastructure and to the Port of Constanța.

“The Haier factory offers high standards of quality, efficiency, sustainability and modularity, making it attractive both to strategic investors and to companies seeking a fully operational production facility with modern infrastructure and room to expand. To date, the Romanian market has not seen a production unit that combines this impressive scale with such a high standard of quality and immediate availability. We are honoured by this mandate and enthusiastic about the opportunity to unlock the project’s potential, contributing to the development of the Ploiești, Prahova and Aricești communities. We intend to approach this assignment with flexibility and professionalism, aiming to structure a balanced transaction that benefits all parties involved – the seller, future occupiers and local residents”, says Lucian Opris, Head of Special Projects | Office, Industrial & Logistics at Colliers.

CGA Home Consulting takes over the exclusive sales mandate for HORIZON CITY

CGA Home Consulting announces the acquisition of exclusive sales rights for the HORIZON CITY residential project. This decision marks a consolidation of the partnership between the team led by Cătălin Apetri and British investor Ghai Sant Ram. The project is located in the northern area of Bucharest and has already reached a sales level of over 90 percent.

“We are honored to once again take on the exclusive responsibility for sales of a major project in the North of Bucharest. HORIZON CITY is a development with a long-term vision and our role is to bring it closer to clients who want greater comfort and superior home quality. The experience gained in selling Ivory Residence allows us to provide relevant consultancy and deliver fast results for this new ambitious project. Continuing the partnership with British investor Ghai Sant Ram is proof that performance and reliability are recognized,” says Cătălin Apetri, CEO and Founder of CGA Home Consulting.

The HORIZON CITY is being built on a land plot of nearly 23,000 square meters and represents a EUR 130-million investment.

Continental Hotels Resumes EUR 22 Million Project in Iasi

The Continental Hotels Group is moving ahead with a project to build a 4-star hotel in the Păcurari area of Iasi, a project approved by local authorities five years ago. The investment, estimated four years ago to cost at least EUR 22 million, is entering the final authorization phase and is currently being analyzed by the Zonal Commission of Historical Monuments. Obtaining this opinion will allow the building permit to be issued.

The project, called Continental Forum, aims to build a 153-room hotel on more than 6,500 square meters of company-owned land. The building will have a footprint of nearly 1,700 square meters and a total developed area of about 16,000 square meters. Construction work is expected to start in 2026, a delay from the original estimate for completion in that year, driven by the prioritization of other group investments, particularly in Sibiu.

The hotel will have extensive facilities for the business and tourist segment, including an 86-seat restaurant, a self-service area for 52 people and a cafeteria. The conference component is provided by several small rooms of 72 square meters each and one large room of 230 square meters, with a total capacity of over 290 people. The hotel will also include a fitness area of 132 square meters, technical spaces, a civil protection shelter and a parking lot with 126 parking spaces, of which 59 underground and 67 above ground.

REDPORT Exceeded the Threshold of EUR 50 mln in Pre-Sales in 2025

REDPORT announces record financial results for the first ten months of 2025. The company reported housing pre-sales and pre-leases totaling EUR 50 million, a level 25% higher compared to the same period of the previous year.

This year’s significant advance is driven by the launch of the VITALITY EST project, one of the largest urban regeneration initiatives in the eastern part of Bucharest.

“The results achieved in the first 10 months of 2025 confirm that REDPORT is on the right track. We have strengthened our market position through a 25 percent increase this year compared to 2024 and through the trust of our clients and partners. A sales growth of one quarter compared to last year, in a complex economic environment, proves that the real estate market in the capital city has very high potential when quality, an advantageous location with multiple benefits, and a coherent, long-term development vision come together” says Cosmin Savu-Cristescu, CEO and Founder of REDPORT.

REDPORT currently operates a complete portfolio covering all residential market segments: mid-range (represented by the VITALITY EST project), upper-high (through THE LEVEL APARTMENTS) and premium (through INFINITY NORD, one of the largest urban regeneration projects in the city).

CIJ EUROPE Announces Esteemed Jury Committee for the CIJ Awards Gala Romania 2025

CIJ EUROPE is pleased to announce the distinguished members of the Jury Committee for the CIJ Awards Gala Romania 2025, taking place on December 4th at the Radisson Blu Hotel in Bucharest.

The CIJ Awards Gala Romania, now a hallmark event in the country’s real estate calendar, brings together leading professionals, investors, and business figures to recognize and celebrate excellence, innovation, and leadership within the industry.

This year’s Jury Committee brings together a diverse range of expertise and perspectives from across the real estate and business sectors, ensuring an objective and comprehensive evaluation of all nominees.

We extend our sincere gratitude to our Jury Committee Audit Advisor, Mrs. Daniela Zar, Tax Partner at TPA Romania, who will be overseeing and monitoring the jury deliberations.

Daniela Zar – Tax Partner – TPA Romania
Dana Bordei – Country Manager Commercial – VGP
Marian Roman – Managing Director – Paval Holding
Sorin Preda – Founder & CEO – Global Vision
Antoniu Panait – Managing Director – Vastint Romania
Gijs Klomp – Business Development Manager – WDP Romania
Vlad Dragoescu – Director – CEE Head of Portfolio Management – Revetas Capital
Gabriel Biris – Managing Partner – Biris Goran
Vlad Musteata – Founder & CEO – North Bucharest Investments
Sorin Blaga – Chief Commercial Officer – REDPORT
Alex Skouras – Managing Partner – Alesonor
Alina Necula – Country Manager – Lion’s Head
Octavian Moroianu – CEO – WEMAT
Razvan Iorgu – Managing Director – CBRE
Costin Nistor – Managing Director – Fortim Trusted Advisors
Mihai Dumitrescu – Managing Partner – Crosspoint Real Estate
Daniel Tudor – Founder & CEO – The Concept Group
Catalin Duma – Managing Director – Coral Construct
Ruxandra Dragomir – Head of Development – Nhood
Christophe Weller – Founder & CEO – COS
David Evans – Managing Director – Optim Project Management
Andrei Lefter – CEO – DRS Architects
Ioana Roman – Partner & Head of Real Estate – Filip & Company
Razvan Nica – Managing Director – Build Green
Andreea Dumitru – Chief Marketing Officer – Hagag Development Europe
Emma Toma – Head of Office Division – AFI Romania
Victor Terhes – Chief Commercial Officer – BELLEMONDE
Andreea Cotiga – Head of Leasing Office – CPI Property Group Romania
Adinel Tudor – CEO – EVO Properties
Claudiu Bisnel – Managing Partner – Brisk Group
Sergey Artemenko – Project Manager – RRG Real Estate Group
Bogdan Iliescu – Commercial Director – NUSCO
Madalin Tomescu – Founder – KUZIINI
Dan Voiculescu – CEO – RE/MAX Innovation
Dan Flesariu – Managing Director – WIREN
Alexandru Ciacoi – Counsel – Stratulat Albulescu Attorney at Law
Mihai Olaru – CEO – OMIFA
Bogdan Letca – CEO – Bog’Art Residential

The CIJ Awards Gala Romania 2025 will once again honor the outstanding achievements and innovation shaping Romania’s property market, highlighting those who continue to set new benchmarks of excellence.

For tickets reservations, please check our website: https://awards.cijeurope.com/cij-awards-romania/

CIJ Awards Gala 2025 confirmed Partners are:

North Bucharest Investments, AFI Romania, CPI Property Group, VASTINT, Hagag Development Europe, Revetas, WIREN, NUSCO, WDP, PAVAL HOLDING, Global Vision, Biris Goran, NHOOD, TPA Romania, Stratulat Albulescu Attorney at Law, Coral Construct, Lion’s Head, Carbon Tool, Alesonor, Optim Project Management, COS, CBRE, RRG Real Estate Group, WEMAT, Bellemonde, Safety Approach, REDPORT, RENOMIA Gallagher, EVO Properties, Filip & Company, Imobiliare.ro, Fortim Trusted Advisors, DRS Architects, RE/MAX Innovation, Bog’Art, Cronoscar, Miss Green, STC Partners, Fabrica de Profile, Ambito, Omifa, NEPI Rockcastle, KUZIINI, The Concept Group.

Prima Development Group Begins Work on the Second Phase of Prima Astera

Prima Development Group begins work on the second phase of the Prima Astera residential complex, a project in the west of the Capital.

The stage includes the construction of a block of 197 apartments, 234 parking spaces and a kindergarten with over 600 useful square meters. The gross value of the investment is EUR 30 million, and the completion of the works is estimated for November 2027.

“The second phase of the project continues our vision for the development of this area of the Capital”, says Adrian Stoichină, co-CEO of PRIMA Development Group.

Carrefour Begins the Process to Exit Romania

tudor@cijeurope.com
28 October 2025
Retail

The French retailer Carrefour is preparing to sell its stores in Romania and is analyzing a possible exit from the local market, along with other countries. For now, it has already given up on one large store, the one in the Supernova Shopping Center in Pitesti.

The French retailer has hired BNP Paribas Investment Bank as a consultant for this project.

Carrefour sales in Romania approached 2.3 billion euros after the first nine months, up 1.9% compared to the same period last year, but the advance slowed down sharply in the third quarter, amid austerity measures, which are affecting consumer confidence.

Hexagon to Develop Giant Real Estate Project with 5,000 Apartments

The Cluj-Napoca-based developer Hexagon, owned by Florin Mariș, recently bought the former CUG industrial platform in Cluj-Napoca. The land, which has 32 hectares, cost over 20 million euros, one of the largest transactions this year on the Romanian real estate market.

The investor is planning a large mixed-use development here, with multiple functions, but also a residential component, with over 5,000 apartments. In total, the investment for the development of the project is estimated at 1 billion euros.

Among the important projects that are taking shape on the city map is the Rivus project by Iulius and Urbano Shopping & Living, which obtained the building permit for the first phase.

Source: economica.net

Mobexpert Inaugurates New Store in Brașov

tudor@cijeurope.com
28 October 2025
Retail

Mobexpert, one of the leaders of the furniture and decoration market in Romania, inaugurates the new store in Brașov, Coresi Commercial Area. The new space has an area of 10,000 sq m. In addition, Mobexpert Brașov has 3,000 sq m dedicated exclusively to the Outlet area.

The Mobexpert Group is a 100% Romanian company, present on the Romanian market for over 30 years. The Mobexpert network includes 27 hypermarkets and smaller stores, as well as an online store. The Mobexpert Group has 2,100 employees and an annual turnover of approximately 270 million euros. The Mobexpert Group also owns five furniture factories that produce for the Romanian market and for export.

Ion Țiriac Prepares Major Mixed-Use Development in Northern Bucharest

Romanian businessman Ion Țiriac is moving forward with one of the most ambitious private real-estate projects planned in the capital, with preparations under way for a large mixed-use complex on Bulevardul Expozitiei 2 in northern Bucharest. The development, led by Auto Rom, part of Țiriac Holding, is expected to reshape a key area of the city by combining residential, business and leisure functions on a vast urban site.

The group has already secured several preliminary authorisations for demolition and site organisation, marking the first practical steps toward redevelopment. The land—covering nearly seven hectares—lies close to the Romexpo exhibition grounds and previously housed commercial and automotive facilities owned by the Țiriac Group.

The project envisions a new district with a mix of housing, offices, retail areas and a hotel, with buildings rising up to 20 floors. When fully realised, it could encompass more than 200,000 square metres of built area, placing it among Bucharest’s largest private urban investments. Early projections suggest an overall value in the hundreds of millions of euros, underscoring both the scale of ambition and the developer’s confidence in the city’s long-term growth.

Although the concept was first outlined in 2019, the renewed planning activity this year suggests momentum is returning as the Bucharest property market stabilises. The site’s location—between major transport arteries and the expanding business zone of Expozitiei and Piața Presei Libere—makes it a strategic opportunity for large-scale regeneration.

Architectural details and the hotel operator have not yet been disclosed, but Țiriac Holding has indicated that the project will follow international standards of design and sustainability. Industry observers see it as a defining investment that could transform the northern entrance to Bucharest into a vibrant urban destination, balancing commercial activity with modern residential living.

If fully implemented, the development would add a new skyline to the Expozitiei corridor—continuing a trend of mixed-use, high-density projects reshaping the capital’s urban fabric.

« Previous 1 … 5 6 7 8 9 … 95 Next »

Latest news

All posts by tudor@cijeurope.com.