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Office Market News

Romania exceeds the threshold of 250 green buildings

Over 250 buildings and real estate projects from Romania were certified as ‘green buildings’ after one of the international sustainable schemes, BREEAM, LEED, EDGE and WELL, according to BuildGreen data, the leading consultant in the field of sustainable building design, development and certification in Romania.

Czech investor becomes CPI PROPERTY GROUP Globalworth’s largest shareholder

CPI PROPERTY GROUP purchased 3,680,494 shares in Globalworth Real Estate Investments Limited through a broker.

The property investment volume will surpass the €1.1 billion mark in 2020

The real estate investments volume will exceed 1.1 billion euros this year, transactions over 700 million euros being already signed or in due diligence process.

Premiere on the local real estate market: the largest network of office spaces available to real estate agents

Freedom Group, a company founded by the entrepreneur Octavian Bădescu, launches a network of office spaces for real estate agents, in partnership with four major operators in the coworking industry.

The office, retail and industrial deliveries in Romania surpass the 1 million square meter threshold in 2019, pushing the total stock to 12 million square meters

The real estate developers completed in 2019 new industrial, retail and office space deliveries with a total cumulative area of more than 1 million square meters, with the office and industrial sectors being the most active ones, according to a study realized by Cushman & Wakefield Echinox real estate consulting company.

The new wave in FM digitalization

The world of Facilities Management (FM) is now a digital one. Rapid sensor development, integrated monitoring capability, cloud data sharing was the first wave of digitization. The next wave is focused on the use of artificial intelligence in the analysis of shared data, the redesign of processes and the involvement of the extended team (owner-tenant-FM specialist) in making intervention decisions.

Record of the last 5 years: The volume of real estate transactions in Romania exceeded the 1 billion euro threshold in 2019

The volume of real estate investments in Romania in 2019 exceeded the limit of one billion euros, totaling about 1.06 billion euros, up 7% from the level recorded in 2018, data from the research department of the real estate consultancy company CBRE Romania shows.

Metropolitan Crown Towers, a new mixed-use project with an office component , aiming to become a landmark in Bucharest

Metropolitan Residence becomes Metropolitan Developments, in the process of expanding the portfolio with mixed-use projects - residential, commercial and office space and development on premium and luxury market segments.

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