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Articles

Top 10 predictions for the Romanian real estate market in 2024

Romania’s real estate market remains a sector with high growth potential, even if the pace could be slower in 2024 than before the pandemic, Colliers consultants predict in ”Top 10 Predictions Romania 2024” report.

Forte Partners receives LEED v4 Platinum certification for U•Center 2 project

Forte Partners announces LEED v4 Platinum certification for U•Center 2. The certification process is part of the sustainability cornerstone of U•Center project and was coordinated by BuildGreen, leading sustainability consultancy company in Central and Eastern Europe.

DOUGLAS Romania to expand into a new home in one of the most sustainable office projects, Oregon Park

DOUGLAS Romania, the local subsidiary of Europe's number one omnichannel premium beauty destination, has chosen Oregon Park as the home for its new office space. The lease in one of the greenest office building complexes in Bucharest was assisted by CBRE.

iO Partners welcomes Charles Boudet as CEO

iO Partners announces the appointment of Charles Boudet, an industry veteran with diversified expertise, as CEO.

Land market remains robust in Romania, ending 2023 on a strong note

The volume of land sales for commercial real estate projects in Romania (excluding for industrial and logistics projects) declined by less than 10% from the 2022 level of 450 million euro, and remains considerably above pre-pandemic levels, according to Colliers estimates.

Macroeconomic uncertainty, consumption contraction and interest rates are the main concerns for real estate investors

Macroeconomic uncertainty, consumption contraction, interest rates and also inflation are the main factors which may impact the Romanian real estate market, according to the real estate investors and developers who responded to the second edition of the Cushman & Wakefield Echinox “Real Estate Investors Sentiment Barometer”.

128 buildings in Romania BREEAM or LEED certified in 2023

A total of 128 buildings in Romania were BREEAM (Building Research Establishment Environmental Assessment Method) or LEED ( Leadership in Energy and Environmental Design) certified in 2023, 17% less than the record year of 2022

Vel Pitar SA leases 1,160 sqm office space in Vastint Romania’s Business Garden Bucharest

Vastint Romania is proud to have a new tenant for its office project, Business Garden Bucharest: Vel Pitar SA. The company, a member of the BIMBO GROUP, a world leader in bakery, will take up an area of 1,160 sqm, more precisely one floor in building B.

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