The Sir Group, founded by businessman Tomah Kahled, is expanding its real estate portfolio in Bucharest through its Roka Development division, developing major residential and hotel projects. According to information published by Profit.ro, the developer is investing around EUR 20 million in the construction of the Park View and Platinum complexes, scheduled for delivery in 2027. This expansion takes place against the backdrop of a growing Bucharest residential market, where SVN Romania estimates the delivery of over 20.5 thousand new homes in 2026.<\/p>\n
In the Plumbuita Park area, Roka Development has made progress on the Park View project, a 9-story building with 58 apartments and commercial spaces on the ground floor, built on a plot of approximately 1,500 sqm. Within this project, the Hubix investment platform has already purchased 20 apartments. In parallel, the developer is working on the Platinum complex, an 11-story building with 84 apartments located in the Nerva Traian area, near the Timpuri Noi Square complex. In total, the company currently has approximately 250 apartments for sale, including units completed in 2024 in the Roka Doamna Ghica project.<\/p>\n
In the premium segment, Tomah Kahled acquired the structure of the Nordis View project in the north of the capital at an auction in 2025 for approximately EUR 3 million, where he intends to keep the 51 originally planned apartments. Additionally, the investor has a project with over 300 apartments on Gheorghe Ionescu Sise\u0219ti Road currently undergoing the permitting process. Previously, in 2022, Kahled sold a plot of approximately 8,800 sqm in the Carol Park area to entrepreneur Anja Graf in a transaction worth around EUR 9 million.<\/p>\n
In addition to its residential activity, the group is expanding its Sir hotel chain, managed through the company Dib Com Inter. The company is awaiting approvals for a new 4-star hotel on Orhideelor Road. Currently, the chain operates 7 accommodation units in Bucharest, totaling nearly 400 rooms and over 930 accommodation spots. Among the most recent additions are the 4-star Sir Royal hotel, with 39 rooms, and Sir Fundeni, a 3-star unit with 69 rooms.<\/p>\n
This dynamic is part of the upward trend in the local real estate market. SVN Romania data predicts an 18.5% increase in home deliveries in Bucharest and its surroundings for 2026, compared to 2025. In 2025, according to data from the National Institute of Statistics, 17,293 homes were completed in the Bucharest-Ilfov region, representing a 1.8% increase compared to the level recorded in the previous year.<\/p>\n
What projects is Roka Development currently building in Bucharest?<\/strong><\/p>\n Roka Development is investing EUR 20 million in the Park View complex near Plumbuita Park and the Platinum complex in the Nerva Traian area, both scheduled for delivery in 2027.<\/p>\n Who is the investor behind Roka Development?<\/strong><\/p>\n Roka Development is the real estate division of the Sir Group, founded by businessman Tomah Kahled, who also operates the Sir hotel chain in Bucharest.<\/p>\n How is the Bucharest residential market performing?<\/strong><\/p>\n The market is growing, with SVN Romania estimating the delivery of over 20,500 new homes in 2026, representing an 18.5% increase compared to 2025.<\/p>\n","protected":false},"excerpt":{"rendered":" The Sir Group, founded by businessman Tomah Kahled, is expanding its real estate portfolio in Bucharest through its Roka Development division, developing major residential and hotel projects. According to information published by Profit.ro, the developer is investing around EUR 20 million in the construction of the Park View and Platinum complexes, scheduled for delivery in…<\/p>\n","protected":false},"author":0,"featured_media":127039,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2853],"tags":[5519],"thb-sponsors":[],"class_list":["post-127088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","tag-roka-development"],"article_style_override":"on","post-style":"style2","post_via":[{"title":"profit.ro | 28.06","post_source_url":"https:\/\/www.profit.ro"}],"post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/investitii-3.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/127088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=127088"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/127088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/127039"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=127088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=127088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=127088"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=127088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}