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.

WDP invests EUR 52 million in the expansion of the logistics park in Dragomireşti

WDP announces two new pre-leased developments within the Bucharest-Dragomireşti logistics project, namely a warehouse of approximately 47,000 square meters with controlled temperature and an ambient warehouse of approximately 11,000 square meters.

The estimated investment budget is approximately EUR 52 million, with the completion of the projects scheduled for the end of 2026. Also, over 16,000 square meters of additional leasable area are available for future developments.

“Despite a volatile macroeconomic environment, the continued demand for new developments validates the solid fundamentals of the sector and the confidence of our customers in expanding their operations,” says Joost Uwents, CEO of WDP.

Cosmopolis opened the first Art Gallery in a residential complex in Romania

Located in Cosmopolis Plaza, the new gallery is the first of its kind in a residential development in the country. The gallery brings an innovative concept to the real estate market and the art community: a multi-functional space offering art exhibitions, a home sales office, an educational center and a venue for cultural events and community workshops.

“We wanted to offer the Cosmopolis community more than just housing. The Art Gallery is a heartfelt project that brings art closer to the people, directly where they live and build their lives,” said Ahmet Buyukhanli, founder of Opus Land Development.

“It is a new way of experiencing the home-buying process. We wanted the home sales office integrated into this art gallery to actually be an experience that offers future residents a broader vision of what a home means and how it can be enhanced with works of art. The Cosmopolis community is dynamic and creative, and the Art Gallery will be a permanent source of inspiration for anyone who walks through our doors,” added Gabriel Voicu, Cosmopolis’ Director of Sales and Marketing.

“We’re excited to bring art into the heart of a vibrant community. This is a unique opportunity for artists to exhibit their work in a residential area the size of a city, and for visitors of Cosmopolis Plaza to enjoy art while shopping or exploring options for their future home,” said Filippo Musneci, founder of Galleria 146.

Bucharest Unirii Square – Handwritten Collection debuts in Romania

Handwritten Collection announces the opening of Bucharest Unirii Square – Handwritten Collection – and thus marks the brand’s debut in South-Eastern Europe. The unit is located just 1.5 km from Unirii Square and 2 km from the Old Town, close to the Chamber of Commerce and Industry of Romania.

Bucharest Unirii Square – Handwritten Collection has 88 elegantly furnished rooms, refined restaurants and a warm atmosphere, enriched with authentic influences from Arab culture.

For the corporate segment, the hotel offers flexible meeting spaces – a 40 sqm meeting room for small groups and a 110 sqm modular conference room, ideal for events or presentations. The main hall of the restaurant, of 200 sqm, can host private receptions, launches or business events in an elegant setting.

The opening of the hotel in Bucharest is part of the international expansion strategy of the Handwritten Collection, which foresees the inauguration of 15 new properties in 2025.

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