Glenway Holdings Group (GHG) is a progressive specialist property development company established to deliver quality construction projects on time and within budget. Our company is focused on residential, mixed-use and commercial office & industrial developments in prime locations in Romania & Bulgaria, Our company ethos is to provide our clients and partners with a superior service by continually improving our quality processes, providing exceptional management capabilities and by adding value through proactive and innovative solutions to our clients requirements.
Our company intends to deliver world-class developments in Romania & Bulgaria, we will consistently exceed client expectations, delight end-users, bring tangible benefits to the local communities and contribute significantly to increases in property values in the surrounding areas. GHG has acquired a development pipeline consisting of sites across prime areas in Romania & Bulgaria and will construct on these developments sites over the next number of years, GHG continues to look at development opportunities across Romania and is well placed to move quickly and decisively.
At Glenway Holdings Group (GHG), the integrity of our staff form the cornerstone of our established reputation as your partner, contact us to discuss your future investment plans and Glenway Holdings Group will help you transactions where opportunistic returns can be generated
Our mission: "GHG is committed to building long-term relationships based on integrity, performance, value, and client satisfaction".
GHG - Your Real Estate Partner
Design – Civil Engineering – Construction - Fit-Out - Maintenance - Facilities Management
Glenway Holdings Group is always seeking collaboration with Investors & Developers to work on projects in the expansion of our activities in Romania & Bulgaria Real Estate market, please contact us to discuss your proposals.
The Glenway Holding Group Team
Therme Bucharest wellness project, the largest thermal complex in Europe opened early this year, expands the Galaxy area for families, by 4,000 square meters, following an investment of over EUR 10 million.
Thus, as of December 1, the total capacity of the Galaxy area will double, accommodating 2,000 persons simultaneously.
“Romanians have been very receptive to the new concept of relaxation, wellness and fun proposed by Therme Bucharest (…) Therme Bucharest is (…) the starting point to a future regional expansion (…) This expansion follows the needs of parents to relax while their children have fun,” Stelian Iacob, General Manager Therme Bucharest said.
According to him, over a half of the share of Therme Bucharest visitors (around 55 percent) are represented by families.
The main point of attraction is a Himalayan salt construction with chromo therapy and salt & light therapy, with two zones – an area dedicated to games for all ages and an area for reading.
From its launch to date, Bucharest Therme received several other expansions in all three building parts.
Therme project located near Balotești, northern Bucharest, received a state aid of EUR 6.6 million, meaning 22 percent of the total investment of EUR 29.5 million, according to Ministry of Finance (MFP).
Real estate developer Globe Trade Centre (GTC), whose majority shareholder is US giant Lone Star, completed the sale of its last shopping center owned in Romania, Galleria Arad, for EUR 2.1 million, according to company’s report.
GTC was hit hard in June 2015 after Cora left Galleria Arad, leaving an empty space hard to replace.
At the same time, GTC, one of the oldest developers on the local market, has contracted in November from Alpha Bank a loan of EUR 19 million to finance two modern A-class office buildings in Bucharest – Premium Point and Premium Plaza.
Completed at the end of 2008, the Premium Plaza high-rise building comprises 15 office levels and 3 underground parking floors. The investment encompasses 8,600 sq. m that have been leased to international tenants such as Webhelp, Mavenhut or Enel
Whereas, the Premium Point office building, delivered in 2009 offers a total leasable area of 6,400 sq. m on 9 floors and has 3 levels of underground parking. It is leased to top global companies, such as Franklin Templeton, Thomson Reuters, Autodesk and HBO.
Both buildings are located in the center of one of the most important administrative, business, finance and cultural districts in Bucharest and offer excellent access and visibility.
The two A-class office buildings in Bucharest were bought for EUR 32 million.