IN THE SPOTLIGHT

2024 Timisoara hotel market trends 2560 1669 ROMANIA PROPERTY CLUB

2024 Timisoara hotel market trends

In the last 11 years, the Timisoara hotel market grew by only 12%. The highest increase of 19% is in the “4-star” category, according to the data from Est Hospitality. The total number of hotel rooms in the local market is 2,170.

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Positive Perspectives for Timisoara – Economic overview 2560 1440 ROMANIA PROPERTY CLUB

Positive Perspectives for Timisoara – Economic overview

The thrilling success of the European Capital of Culture events generated investments in cultural infrastructure – new events space, social and educational centers in various neighborhoods, and two rehabilitated cinema multiplexes.

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VAT Romania breaks ground on the future factory for its operation in VGP Park Arad 1280 854 ROMANIA PROPERTY CLUB

VAT Romania breaks ground on the future factory for its operation in VGP Park Arad

On September 17, 2024, VAT Romania broke ground for its new factory located in VGP Park Arad, a strategic logistics hub adjacent to the A1 motorway and key European routes.

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7 Things to Consider for the Structural Safety of Your Asset 2560 1707 ROMANIA PROPERTY CLUB

7 Things to Consider for the Structural Safety of Your Asset

When developing a new building in an urban environment with neighboring structures in the influence area, it is essential to consider several important aspects related to geotechnical and structural monitoring.

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IULIUS announces the name of the urban conversion and regeneration project in Cluj-Napoca: RIVUS 1600 800 ROMANIA PROPERTY CLUB

IULIUS announces the name of the urban conversion and regeneration project in Cluj-Napoca: RIVUS

The latest urban regeneration and reconversion project proposed by IULIUS Group in Cluj-Napoca, the urban zoning plan of which was recently approved by the Local Council, will be named RIVUS.

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Decathlon brings to Coresi Brasov a new concept store 2048 1536 ROMANIA PROPERTY CLUB

Decathlon brings to Coresi Brasov a new concept store

Decathlon, the most important European sports retailer, announces the reopening of the Brasov store in a new location on Coresi platform near Coresi Shopping Resort.

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“One Day Trip”, a project by Medaru Architects, is the winner of two prestigious awards 1600 1066 ROMANIA PROPERTY CLUB

“One Day Trip”, a project by Medaru Architects, is the winner of two prestigious awards

Medaru Architects (Local Architects) and IA Interior Architects (Lead Designers) project, “One Day Trip”, was awarded on June 27, 2024. The project’s core concept revolved around the idea of “Exploring Iasi in a Day.”

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Axxis Nova Resort & Spa, first integrated concept on Romanian seaside 1600 900 ROMANIA PROPERTY CLUB

Axxis Nova Resort & Spa, first integrated concept on Romanian seaside

Located on the Black Sea frontline, in Mamaia Nord, Axxis Nova Resort & Spa represents the first integrated concept on Romanian seaside combining residential and tourism with retail amenities and a Blue Flag beach.

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1,000 hotel rooms internationally affiliated to launch between 2024-2028 2560 1919 ROMANIA PROPERTY CLUB

1,000 hotel rooms internationally affiliated to launch between 2024-2028

Constanta, one of Romania’s main touristic destinations, continues to attract the interest of hotel investors and operators, but still flies under the radar, as compared with other regions.

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Increased traffic accelerates investments at Constanta Port 1657 1080 ROMANIA PROPERTY CLUB

Increased traffic accelerates investments at Constanta Port

The historically high traffic posted in 2023 – over 90 million tons of cargo – provided further incentive to central authorities to upgrade existing facilities.

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One United Properties invests in second phase of Mamaia project 2560 1602 ROMANIA PROPERTY CLUB

One United Properties invests in second phase of Mamaia project

Following the success of the first phase of the complex, One United Properties has obtained the construction permit for Phase 2 of the One Mamaia Nord complex, with a total built area of approximately 17,000 square meters, currently under development.

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Iulius adds Constanta on investment map 1024 1033 ROMANIA PROPERTY CLUB

Iulius adds Constanta on investment map

Following major regeneration projects in Iasi, Timisoara and Cluj-Napoca, real estate investor Iulius works on a complex development in Constanta. The project is based on a partnership between the investor and Oil Terminal on a 38-hectare plot of land centrally located, close to the port and train station.

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