Skip to content
Crosspoint Real Estate

Land Development

Crosspoint Real Estate assisted the transaction of the DoubleTree by Hilton Oradea hotel, owned by SIF Banat-Crișana, which was sold for 11 million euros.

Ionut Stan
Ionut Stan

Partner, Head of Land Development

1 min read

Crosspoint Real Estate assisted the transaction of the DoubleTree by Hilton Oradea hotel, owned by SIF Banat-Crișana, which was sold for 11 million euros.
Ionut Stan
Ionut Stan

Partner, Head of Land Development

“We are glad to have witnessed a transaction of this size given the post-pandemic context and also the difficult economic situation. The local capital confirms that it is increasingly competitive, as we see numerous entrepreneurial groups from secondary and tertiary cities of Romania that can carry out transactions of over 10 million euros for a single asset and are eager to own trophy properties in their city of residence or in the capital of the region they are originated from.”, said Catalin Gavrila and Ionut Stan, the two Crosspoint brokers involved in the transaction.

Ionut Stan
Ionut Stan

Partner, Head of Land Development

Partner and Head of Land Development since 2024, with over 10 years in Romanian real estate. Ionuț has been directly involved in nearly €200M of land transactions, including the 12-hectare former Cesarom factory site — one of Romania's largest land deals of 2024 — spanning Bucharest and key regional markets.