Colliers takes over management of Victoria Center in Bucharest

Business Forum

15 April, 2025 at 10:03 AM

Colliers has announced that its property management division is set to manage the Victoria Center office building in Bucharest, which has recently been purchased by Solida Capital Europe.

This move strengthens Colliers' partnership with Solida Capital Europe, the recent acquirer of the property, and signifies a major development in their collaboration within the Romanian real estate market.

Victoria Center has a leasable area of 8,600 sqm of modern and holds a BREEAM In-Use Excellent certification.

The building currently hosts a diverse range of tenants from sectors including IT, legal, financial services, and diplomacy.

Colliers Romania's property management division manages around 660,000 sqm of real estate across major Romanian cities, with an annual service charge budget of approximately €30 million.

What the surge in technical services demand means for property investments in 2026

Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.

Real estate

America House earns accessibility gold certification

America House has received Access4You Gold certification for its accessibility facilities, reinforcing its commitment to inclusive design and barrier-free access. The certification confirms standards to accommodate individuals with locomotor disabilities, including wheelchair users, elderly individuals, people with reduced mobility, and visitors with strollers, as well as access for blind and hearing-impaired visitors.

Real estate

First Property Group sells Bucharest office building

First Property Group has completed the sale of the Dr. Felix 87 office building in Bucharest's Piata Victoriei area to Bucur, a company listed on the Bucharest Stock Exchange. Colliers acted as the exclusive sell-side advisor in the transaction.

Real estate

Gen Z employees shun remote work, says study

Gen Z is not rejecting the office but is instead calling for its fundamental redefinition, according to Colliers consultants.

Real estate

AFI Romania secures LEED Platinum certification for Bucharest office

AFI Loft, AFI Romania's newest Class A office project in Bucharest, has achieved LEED Platinum certification.

Real estate

Over 50 flexible workspaces operational in Bucharest

Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.

Real estate

Solida Capital enhances Victoria Center with workcloud24 platform

Bucharest-based office project Victoria Center has integrated workcloud24's intelligent building optimization platform, as part of Solida Capital's strategy to enhance its portfolio.