Rock Development Holding News Today

Kempinski, Europe's oldest luxury hotel group, will be opening its first hotel in Romania, under the Kempinski brand, based on a partnership concluded with Rock Development Holding, one of the most active real estate developers on the Bucharest residential market.

Real estate development company Rock Development Holding will invest EUR70 million in the development of the first five-star hotel project in Poiana Brasov. The new luxury project will consist of a hotel with 120 rooms and an extended-stay hotel with 75 residential units.

Romanian real estate developer Meta Estate Trust [BSE:MET] said on Monday that it started a partnership with local real estate holding company Rock Develop