All posts by tudor@cijeurope.com.

Lidl opens new store in Romania

Lidl continues its local investments by opening a new store in Măgurele, Ilfov County. The new unit is located on Atomiștilor Street, no. 261.
The new Lidl store in Măgurele has a sales area of over 1,300 square meters and has 126 parking spaces. With the inauguration of the Lidl store, 25 new jobs were created.

By using advanced construction technologies and in accordance with environmental protection regulations, the new Lidl store in Măgurele has modern solutions and technologies, which ensure high standards of energy efficiency.

Hesburger continues its expansion in Romania

Hesburger has opened its sixth restaurant in Romania, in Mega Mall, following an investment of EUR 500,000, and reaches investments of EUR 1.5 million in Bucharest.

Recently, Hesburger opened a restaurant in Băneasa Shopping Mall, and previously opened a restaurant in the Bucharest AFI Cotroceni shopping complex, and a unit in Henri Coandă – Otopeni airport.

Hesburger has expanded its restaurant chain internationally and now has 273 locations in Finland, 62 in Lithuania, 54 in Estonia, 52 in Latvia, 32 in Bulgaria, 7 in Ukraine, 2 in Germany and one in Poland.

The Finnish company’s expansion plans include opening 10 locations in several cities in Romania, with a total investment of EUR 8 million, in the first year of activity.

Ideal Residence to build three 11-story high-rise buildings in Bucharest

Real estate developer Ideal Residence, a developer who has built several complexes in Bucharest, plans to build three 11-story high-rise buildings on Valea Largă Boulevard in the capital, opened to traffic at the end of October.

Ideal Residence Developer is equally owned by the companies Ideal Evoluțion (owned by Ion Sfetcu) and Ideal West Residence (owned by Cosmin-Alexandru Sztankovics).

Valea Largă Boulevard measures 1.5 km and connects Prelungirea Ghencea and the intersection of Bd. Timișoara – Valea Cascadelor. In recent years, several residential projects have been developed in the area.

Source: economica.net

BuildGreen Partners with CIJ Awards Romania 2024

CIJ EUROPE is proud to announce that BuildGreen will be a partner of the prestigious CIJ Awards Romania 2024, set to take place on December 4th at the Radisson Blu in Bucharest.

CIJ Awards Gala brigs back the Events Carbon Footprint Dashboard powered by the Carbon Tool platform. As part of an ongoing commitment to sustainability and carbon-neutral events, this edition’s carbon emissions are neutralized through a collaborative effort by Carbon Tool and Roberts Publishing, using Verified Carbon Offsets.

BuildGreen is a recognized leader in ESG and sustainability consulting in Central and Eastern Europe, specializing in sustainable design, carbon neutrality, decarbonization, audits, and green certifications. With over 10 million square meters of certified properties across the region and more than 350 certifications achieved, BuildGreen has built a strong reputation for guiding developers and asset managers toward more sustainable practices.

Expanding on this foundation, Carbon Tool, a BuildGreen initiative, enhances sustainability efforts by offering an all-in-one platform designed to assist businesses across all sectors in measuring, managing, and reducing their carbon footprint. By incorporating tools for emissions tracking, establishing carbon reduction targets, and facilitating ESG reporting, Carbon Tool enables companies to make informed, data-driven decisions, ensuring full traceability and providing real-time insights.

Together, BuildGreen and Carbon Tool offer a complete solution for sustainability, seamlessly combining expertise in green certifications with carbon management technology.

For more information, visit https://build-green.eu and www.carbontool.com.

The CIJ Awards Romania 2024 will recognize outstanding achievements across various categories, including residential, commercial, and mixed-use developments. This high-profile event will bring together leading professionals and highlight the latest trends and successes in the Romanian real estate market. For more details about the event, please check out our website: https://awards.cijeurope.com/cij-awards-romania/#about

Apreutese family has ongoing real estate projects worth over EUR 120 million

The Simion and Loredana Apreutese family, owners of the International Alexander freight forwarder, are entering the real estate market through the ANSI Real Estate Holding platform, which already has projects worth a total of over 120 million euros in the works.

The investment platform is dedicated to both the residential and commercial segments of the real estate market. ANSI Real Estate is currently working on three residential projects: Britwood 144 in the Iancu Nicolae area, Averado Gardens in Balotești and Lauren House in Bucharest, in addition to the Crevedia Retail Park, developed in partnership with REPACO Capital.

The company has over 150,000 square meters of land already acquired for development and is interested in buying more.

To coordinate the business, the Apreutese family has partnered with Cătălin Gavrilă, who worked for almost 11 years at the real estate consultancy Crosspoint Real Estate.

Source: Profit.ro

U•Center 2 office building fully leased

Forte Partners announces a 100% occupancy rate for the U•Center 2 office building, which offers a GLA of 35,000 square meters.

“U•Center 2 represents the continuation of the success story of the project we have been developing in the Tineretului area since 2019. We managed to revitalize a degraded area of Bucharest and transform it into one of Romania’s main business hubs”, said Geo Mărgescu, co-founder and CEO of Forte Partners. “Through U•Center, we have created sustainable, healthy, and safe office spaces for the employees of tenant companies. Additionally, the retail areas on the ground floor of the buildings bring services and facilities that benefit the local community. Easy access to less polluting means of transportation, such as trams and the metro, which encourage car-free commuting, has also been high on our priority list”, added Geo Mărgescu.

Completed in September 2023 and certified LEED v4, WELL Health-Safety, and WELL Core at the Platinum level, the U•Center 2 building is fully leased. The majority of office spaces in the building are occupied by IT&C companies with a strong presence in the field, including Glovo, Brinel, Eurowag, Cognyte, as well as other major players in the energy and cosmetics industries.

The retail spaces on the ground floor of U•Center 2 are fully leased. In October 2023, Auchan inaugurated a large supermarket spanning 2,600 square meters. The retail area at U•Center 2 was further enhanced in November 2023 with the opening of the eighth location of the Manufaktura The Coffee Shop restaurant chain, which includes an outdoor terrace near Tineretului Park.

Global Vision appoints Daniela Lazea as General Legal Counsel

Global Vision announces the company’s appointment of Daniela Lazea as General Legal Counsel. Daniela Lazea will coordinate all legal activities within the Global Vision Group, playing a key role in ensuring compliance and supporting the company’s strategic development.

With extensive experience, Daniela Lazea is recognized as one of the leading voices in the legal field. Over the past 15 years, Daniela has coordinated the real estate practice at Biriș Goran and has extensive experience in mergers and acquisitions. She has managed numerous M&A transactions, either with or without a real estate component. Daniela Lazea has the necessary skills to manage large and complex transactions locally and internationally. Daniela Lazea brings added value in managing complex real estate transactions locally, regionally and globally.

As General Legal Counsel of Global Vision, Daniela Lazea will assist and provide practical solutions and strategies for national or international transactions.
“I am delighted to join the Global Vision team and contributee to the group’s consolidation and strategic development. Through my legal experience, I will support all the company’s ambitious projects, confident that they will represent confirmation and continuity of the strategic vision already implemented by Global Vision. I believe in our potential to create innovative solutions that redefine locally and regionally standards”, said Daniela Lazea.

The new owner of Orizont Hotel in Predeal is Alexandrion Group

The 4-star Orizont Hotel in Predeal, considered a landmark of the mountain resort, presented as the “Pearl of the Prahova Valley”, has been sold for RON 52 million to the owner Alexandrion Group, a producer and distributor of spirits and sparkling wines, which also owns a number of hotel assets.

The buyer is the firm N.S.&Sons Gloal Investments, wholly owned by the Romanian businessman of Syrian origin Nawaf Salameh, owner of Alexandrion Group.

The 139-room Hotel Orizont was owned by FEPER SA, a company with two other hotels in Predeal and Ploiești, 85.8%, controlled by the investment fund Transilvania Investments with more than 85% of the shares, while the Authority for State Assets Administration owns almost 9.4% of the company’s shares.

Pavăl brothers buy land near Dedeman Lugoj

Entrepreneurs Dragoș and Adrian Pavăl, owners of Dedeman, are buying land from the former president of the Timiș County Council, Titu Bojin, located next to the property where the Dedeman store in Lugoj operates. The land has about 16,500 square meters and was purchased for a price of EUR 742,500.
“The purchased land will be used to expand the store’s retail and storage area,” said Dedeman representatives.

The Dedeman chain has 62 stores spread across all counties of the country, except Teleorman and Giurgiu. Last year, only two stores were inaugurated: one in Craiova near Promenada Mall and another in Petroșani. The DIY chain also benefits from 5 logistics centers, its own car park and has over 13,000 employees.

Source: Profit.ro

Redport co-opts new shareholders and prepares for IPO

Redport Capital has decided to increase its share capital by co-opting new shareholders alongside the company’s current investors. The private placement will bring in additional capital of up to EUR 5 million.

“The decision to expand the share capital reflects our commitment to strengthen Redport’s position on the market and to respond to opportunities that bring long-term value. The step taken is based on both the success of our current projects and the size and complexity of those we have in mind for the coming period. We are committed to accelerating the implementation of ongoing works and diversifying the portfolio. Our strategy is based on a medium and long-term vision that includes, in the next stages, including the company’s listing in 2027 on the main capital market,” says Oriol Casellas, CFO of Redport.

Redport owns land in the New North of the Capital, the Străulești – Petrom City area, where it will develop over 2,000 apartments and 15,000 square meters of commercial space in the next five years. The company has in its portfolio the residential complexes The Level Apartments and Infinity Nord, located in the North area of the Capital, with a total investment estimated at over EUR 240 million.

Source: Profit.ro

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