Meta Estate Trust snaps villas in Brașov-based Radisson resort

Business Forum
Romanian property holding Meta Estate Trust has purchased four villas within the Radisson Blu Grand Mountain Resort Brașov, currently under development, in a deal worth €1.52 million.

The company has already made a 40% down payment, with the remaining amount to be paid upon delivery. The financing structure for this acquisition combines equity with bank financing.

Developed by Grand Development, the project will be Romania's first 5-star mountain villa resort that will be delivered in early 2027. 

The resort comprises 46 Scandinavian-style villas and 20 hotel rooms, complemented by a spa, indoor and outdoor pools, saunas, a conference room, and a panoramic restaurant. 

Alexandru Bonea, CEO of Meta Estate Trust, said: "We believe this segment will become an essential pillar of the Romanian hotel market, and Meta Estate is well-positioned to directly benefit from this dynamic." 

The acquired properties—a pair of two-bedroom houses and two duplex houses—are part of a year-round resort, anticipating an average occupancy rate of over 60%. 

Meta Estate Trust has previously invested in Swissôtel, located in Poiana Brașov.

RECOMMENDED
Meta Estate Trust invests €4 million in Bucharest apartments
Real estate

Meta Estate Trust invests €4 million in Bucharest apartments

Public real estate fund Meta Estate Trust has announced new investments of approximately €4 million in Bucharest's residential sector. The investments, made within the company's trading business line, encompass four residential projects in two key areas of the city.

Meta Estate Trust reports 15% profit gain in 2024
Real estate

Meta Estate Trust reports 15% profit gain in 2024

Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).

Tech spearheads office leasing in Romania
Real estate

Tech spearheads office leasing in Romania

Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.

Land deals in Romania reach €450 million in 2024
Real estate

Land deals in Romania reach €450 million in 2024

The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania. 

RECOMMENDED FROM THE HOME PAGE
Industry

JTI expands IT hub in Romania

JTI's global IT hub in Romania is expanding, with the number of employees growing from 140 at the beginning of the year to 170 currently, and projected to exceed 200 by year-end.

READ MORE
Business Forum  |  14 August, 2025 at 4:00 PM
Business Forum  |  14 August, 2025 at 1:10 PM