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Iulius invests 80 million euros in the redevelopment of the Palas Iaşi mixed-use complex

Iulius company has started a project to redevelop the Palas Iași mixed-use complex, with an investment estimated at 80 million euros, based on a concept created by the renowned architecture firm Foster + Partners.

Romania’s banking sector has a low exposure to commercial real estate, indicating stability and growth potential

The exposure of the Romanian banking sector to the commercial real estate market (excluding the residential segment) exceeded RON 100 in September 2024, representing half of the total exposure to non-financial companies, according to Cushman & Wakefield Echinox data, based on NBR reports.

Extind Cowork+, new coworking space, officially opened in Iași

Extind Cowork+, a new corporate coworking space in Iași, has officially opened its doors, offering a modern and flexible environment for teams and companies looking for an efficient alternative to traditional offices.

One United Properties targets turnover of EUR 309.8 million and net profit of EUR 78.7 million in 2025

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, targets a consolidated turnover of EUR 309.8 million for 2025, marking the fifth consecutive year in which the company is expected to generate revenues exceeding EUR 200 million (RON 1 billion).

reTAG 2025: On April 4, we will discuss, in Bucharest, trends in retail, FMCG and e-commerce, in the context of new economic realities

Retail, FMCG and e-commerce professionals are expected on Friday, April 4, 2025, at a new edition of the "reTAG – a Retail, FMCG & e-Commerce Conference for the Modern World" event. Organized by BusinessMark at the JW Marriott Bucharest Grand Hotel, the event will bring 19 industry leaders on stage to discuss how these sectors are transforming under the influence of emerging technologies, new consumer behaviors and pressures for sustainability, with a focus on the strategic directions that businesses will adopt in the coming period and strategies for adapting to the new economic realities.

Zen Offices - the newest trend preferred by employees in Romania

For 55% of Romanians, the ideal office should be "zen" and offer flexible, diverse, and easily customizable options. In 2025, employees are increasingly concerned with balancing their work and personal lives, and the office remains a central element in this regard. The ideal office should be "zen," according to a survey conducted among 1,175 respondents nationwide by Genesis Property, one of the most important office building owners in Romania. At the same time, 23% of respondents prefer a highly digitized and tech-integrated office that simplifies their work, while 15% consider the ideal work model to be a "nomadic" office that allows them to work from anywhere.

Office Fit-Out Costs in Bucharest increased by 12% in 2024, but remain among the most competitive in the CEE

The average office fit-out costs in Bucharest increased by 12% in 2024 compared with the previous year, surpassing the €1,000/ sq. m threshold. This evolution aligns with regional trends, as most capital cities have seen cost increases ranging between 8-15%, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the Fit-Out Cost Guide 2025.

Colliers: Lower pace for office deliveries in Bucharest - 2024 marks the lowest level in the last 20 years

2024 marks the lowest office deliveries in Bucharest in the last 20 years, according to Colliers. Colliers consultants anticipate that company expansions will be fewer and more selective compared to the pre-pandemic period. In this context, new demand could see a slight decline in 2025. The only mixed-use office project set to enter the market in 2025 is One Gallery, developed by One United, offering 6,500 square meters of space, which is already fully leased.

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