Meta Estate Trust, in partnership with Rock Development Holding, intends to build a five-star hotel in the center of the Poiana Brașov resort, as well as an aparthotel.
The current stage involves just over one million euros. In total, the transaction reaches over five million euros.
Rock Development Holding is owned by businessmen Mircea Cotigă, former CEO of UniCredit Bank, and Constantin Mihai, a real estate developer from Ialomița. The holding has been involved in several urban regeneration real estate developments in areas of Bucharest.
Meta Estate Trust has reached a share capital of 87 million RON. Since its founding until now, Meta Estate Trust has invested over 21 million EUR in 24 real estate projects.
Frequently Asked Questions
Who are the investors behind the new hotel in Poiana Brașov?
The project is developed by Meta Estate Trust in partnership with Rock Development Holding, owned by Mircea Cotigă and Constantin Mihai.
What is the total value of the investment?
The total transaction for the development of the 5-star hotel and the aparthotel exceeds five million euros.
Where will the new hotel be located?
The accommodation unit will be built right in the center of the Poiana Brașov mountain resort.