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Hercesa completes 15 mln euro revamp of Bucharest Hotel Cismigiu

Dec 20, 2012, 4:05:16 PMArticle by Mariya Stanimirova
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December 20 (SeeNews) - Spanish real estate developer Hercesa said it has re-opened the Hotel Cismigiu following a 15 million euro ($19.6 million) refurbishment.

Hercesa completes 15 mln euro revamp of Bucharest Hotel Cismigiu

The company bought the hotel in 2004. The renovation included a total reconstruction of the interior, while the landmark facade had to be preserved in its original form, Hercesa said in a statement made available to SeeNews on Thursday.

The Cismigiu building, erected in 1912, is the company's first buy in Romania.

($ = 0.7651 euro)

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