The local real estate developer and investor River Development announces the transformation of its current brand, River Development, into SEMA Real Estate. The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars of our projects in the portfolio and in strengthening the brand […] The post River Development becomes SEMA Real Estate appeared first on The Romania Journal ..read more

Bright Spaces partners with BHB Properties to launch an interactive digital platform for BHB Avenue. The 3D Digital Twin platform is transforming the home-buying experience by providing an immersive digital replica of the luxurious BHB Avenue property, accessible from any device, anytime. Clients have the ability to see and experience their future home long before […] The post Bright Spaces and BHB Properties elevate the buying experience for premium apartments appeared first on The Romania Journal ..read more

CTP has appointed Jovan Radosavljevic as its new Managing Director for Romania, in a significant move that will drive the business’s strategic growth in the country. Jovan will oversee CTP’s continued expansion in Romania, the second largest country in Central and Eastern Europe, and build on its existing 3.0m sqm GLA portfolio of modern, innovative […] The post CTP announces new Managing Director for Romania appeared first on The Romania Journal ..read more

Accor hospitality group announces the opening of Swissôtel Poiana Brașov, introducing the Swissôtel brand to Romania for the first time. Located in the heart of Poiana Brașov, Romania’s most popular ski resort, the hotel is surrounded by the lush landscapes of the Postăvarul Massif, making it an ideal escape for skiers, hikers, and nature enthusiasts. […] The post Accor Announces the Debut of Swissôtel Poiana Brasov appeared first on The Romania Journal ..read more

The net office take-up in Bucharest across Q2 exceeded the renewal and renegociation transactional volume for the first time during the last two years, with a positive impact on the average vacancy rate, given that no new office projects were delivered in H1, according to data from the Cushman & Wakefield Echinox real estate consultancy […] The post Companies leased new offices for around 8,000 employees during H1 2024 appeared first on The Romania Journal ..read more

STRABAG Romania announced that it has been selected by the developer and investor PPF Real Estate as the general contractor for the construction of its new state-of-the-art office building, “The ARC”.  This new landmark development will bring a modern ten-story Class A office building to the 6th District of Bucharest, setting new standards for office […] The post STRABAG Selected as General Contractor for The ARC, Bucharest’s New Landmark Office Building appeared first on The Romania Journal ..read more

One United Properties is currently carrying out restoration works on the former Ford Hall in Bucharest, which will be modernized into a sustainable mixed-use space. After restoration, it will open under the name One Gallery and will include, in addition to modern offices and a unique food market concept, a museum area that will celebrate […] The post Former Ford factory restored into One Gallery, to include hall for theatre performances and a museum area appeared first on The Romania Journal ..read more

Copeland, a U.S.-headquartered global provider of sustainable climate solutions, today announced the opening of a new office in Cluj-Napoca, Romania, to help meet the demand for sustainable heating and cooling solutions for Copeland’s European customers. Located in the United Business Center (UBC), with proximity to the Iulius Mall developed by IULIUS company, the office includes […] The post Copeland Opens New 180-person Office in United Business Center Cluj-Napoca appeared first on The Romania Journal ..read more

Bellemonde has obtained a financing agreement of 21 million euros with Libra Internet Bank for the development in Pipera. Bellemonde is thus the newest gated community residential in the northern part of the capital, launched in June during the “Vernissage of Bellemonde Residences” event, following the issuance of the construction permit. The project will cover […] The post Bellemonde Secures €21M Financing from Libra Bank for Pipera Development appeared first on The Romania Journal ..read more

According to data provided by the National Agency for Cadastre and Real Estate Advertising (ANCPI), 19% more homes were sold in the Capital in July 2024 compared to the same month last year, with 4,521 units sold compared to 3,782 units purchased in July 2023. “The significant increase in sales reflects the strong demand for […] The post 19% more homes sold in Bucharest in July 2024 compared to July 2023 appeared first on The Romania Journal ..read more