Romanian Real Estate News – 29/05/23

Romanian Real Estate


The Transilvanian city of Brasov will add four hotels with a total of 600 rooms in the coming years under international brands AC Marriott, Double Tree by Hilton and ibis Styles, Ziarul Financiar reported.


-Romanian executives for the May-July 2023 period project rising activity in constructions and retail, in parallel with higher prices in these fields, but also in the processing industry, a survey by the National Institute of Statistics showed.

-IULIUS Group will continue the development of the Palas Iasi project with an 8th Class A Office building in 2024, the company announced.

-Aktor, part of Ellaktor group, the largest infrastructure group in Greece and one of the leading in Southeastern Europe, aims to focus on construction opportunities in Romania, a country with high infrastructure development needs,