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2 clusters · 9 sources · 3 days · First seen · Last updated

Ion Țiriac real estate investments in Romania

Overview

Ion Țiriac has announced two significant real estate and hospitality investment projects in Romania.

In Otopeni, a plan is underway for a luxury hotel project near the Allianz-Țiriac Arena as part of the Țiriac Sport Center development. Managed by the new company THG Hotel Management, the project is estimated to cost approximately 150 million euros for the total complex. The proposed four-star hotel will occupy a site exceeding 17,000 square meters and will feature 136 accommodation units, a restaurant, conference rooms, and a comprehensive SPA center.

Separately, a 100 million euro investment is planned for Brașov to revitalize the Lemexim industrial platform. This project aims to convert the former industrial site into a modern urban complex comprising residential areas, commercial spaces, and office hubs. The Țiriac Group intends to allocate approximately 6,000 square meters of land for a new local public park.

Entities

Ion Țiriac · Banca Transilvania · Brașov

Timeline

  1. [BUSINESS] 5 sources
    Ion Țiriac to invest 100 million euros in Brașov real estate

    Ion Țiriac plans to invest 100 million euros to transform the Lemexim industrial platform in Brașov, Romania, into a modern urban complex featuring residential, commercial, and green spaces.

  2. [BUSINESS] 4 sources
    Ion Țiriac announces luxury hotel project in Otopeni

    Businessman Ion Țiriac plans to build a 136-room, four-star luxury hotel in Otopeni, Romania, as part of a 150 million euro sports and leisure complex.

Sources

botosaneanul.ro · clickpentrufemei.ro · clicksanatate.ro · fanatik.ro · gsp.ro · prosport.ro · radioinfinit.ro · retetesivedete.ro · romaniatv.net