A recent study shows that increasing the humidity in indoor spaces can reduce the risk of the virus spreading to hospitals and other buildings at low cost and without producing negative effects.
While the current situation imposed by the COVID-19 pandemic has delayed various investments, CBRE’s Building Consultancy team, leader in the real estate consultancy market, continues to manage ongoing projects of over 80 million euro invested in the medical, production and IT&C fields in different areas of Romania.
The state of emergency imposed by the current pandemic has led to almost total vacancy of office spaces, within the context of many of the employees working from home. The landlords want to lower service charge levels for this period and continue to provide the necessary services to maintain the buildings in optimal conditions, according to the real estate consultancy company CBRE, which manages a portfolio of over 7 million square meters of offices, commercial centers and industrial properties in Central and Eastern Europe.
Protecting office, production and logistics spaces and those working in these spaces is important. In this period of increased risk, here are some recommendations that you should consider to prevent the spread of viruses and bacteria in areas still in operation:
The mergers and acquisitions market (M&A) recorded 19 transactions in Romania in the first quarter of the year, four more compared to the same period in 2019. According to Deloitte’s estimates, the total value of the market, including transactions whose values were not disclosed, was between EUR 600 and 750 million in Q1 2020 (EUR 200-300 million in Q1 2019), while the disclosed transactions accounted for EUR 337 million (EUR 120 million in Q1 2019).
The Poșta Puișor building in Bucharest will be reconverted to office building, following an investment by the real estate developer Forty Management & Investments, a company founded in 2015 by Lucian Azoiței and Tudor Bădițescu.
In the last days, forced by the circumstances, more and more companies have turned to the work from home alternative or have suspended of their activity until the crisis generated by the infection with the new coronavirus is overcome. As a result, numerous office spaces, entire buildings, commercial spaces, restaurants and so on, have been closed suddenly and the facility maintenance activity has been also suspended.
Coronavirus was first detected in China in December 2019. To date, unfortunately, over 170,000 diseases have been reported globally, and the number of deaths exceeds 6,500 at this time.
The increase in the number of coronavirus cases in Romania has led the members of the government to declare a state of emergency at the national level starting with 16 March 2020. However, some spaces will remain in use. That is why it is of interest for landlords and tenants to know what measures are important and necessary in the management of facilities during this period.
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