Cervantes Institute to move into Hercesaaa‚¬a„¢s Cismigiu project

Newsroom 08/03/2010 | 14:36

The local Cervantes Institute has leased space in Hercesa’s mixed project Cismigiu in downtown Bucharest, Business Review has learned. The institute will move into the site in 2012. Hercesa has finally started work on revamping the Cismigiu building, five years after buying the property. The future project will include an aparthotel which has yet to be affiliated to an international chain, as well as office and retail space.

The building on Regina Elisabeta Boulevard is known for having hosted Cismigiu hotel, the Gambrinus brewery and Cinema Boulevard. It covers 6,900 sqm in total, 1,400 sqm on each floor. Hercesa will keep the original facade.

Meanwhile, the firm has been working on several residential projects in Bucharest. Vivenda Residencias has been built on the premises of the former Titan bakery. The project list also includes residential units under the Estellas Residencias and Ghencea brands. The developer is also planning its first hotel development, the 12-storey Mircea Voda hotel.

Corina Saceanu


BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue