Romanian office developer Genesis Property has obtained Breeam Outstanding certification for the DE building in Bucharest-based Yunity Park. The certification was awarded for both asset performance (6 stars, 85.9%) and management (6 stars, 89.4%).
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.
Local developer ELI Parks has announced the launch of the second phase of the ELI Park Iași project, adding another 20,000 sqm of industrial and logistics spaces to the existing 20,000 sqm.
Local property developer Sema Real Estate has launched pre-sales for the first phase of its Sema Home residential project in central-western Bucharest.
CTP, Europe's largest listed developer and operator of industrial and logistics parks by gross leasable area, has obtained Breeam New Construction Outstanding certification for an 85,000 sqm logistics warehouse at CTPark Ploiești, fully leased to international fashion retailer H&M. This is the first industrial building in CTP Romania's portfolio to achieve the highest level of the Breeam standard.
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.
1Development has announced the start of construction for Nordului 50, a boutique residence with panoramic views over Herastrau Lake and Park. The project offers residents a perspective of Bucharest with three kilometers of continuous green space and direct views extending to Piata Victoriei. Built on a 3,200 sqm plot, the project is scheduled for completion in spring 2027.
Radisson Blu Hotel, Bucharest has earned Breeam In-Use Excellent rating for Asset Performance and Management Performance, becoming the first 5-star hotel in Bucharest to reach this level. This independent certification places the hotel among best-practice performers in Romania for building sustainability.
The industrial developer WDP has signed an agreement with Action, the international non-food discount chain, for the development of a new distribution centre.
AFI Loft, AFI Romania's newest Class A office project in Bucharest, has achieved LEED Platinum certification.
IPSO Agricultură, a subsidiary of the French group Monnoyeur, will lease a 2,300 sqm space in the Spaceplus Chitila industrial project, owned by Speedwell.
ELI Park Iași, the industrial project developed by Element Industrial, has achieved BREEAM certification, making it one of the most sustainable industrial developments in the Moldova region.
Urbano Group has secured construction permits for the first phase of a commercial park in Transylvania, backed by an investment exceeding €100 million.
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.
Industrial developer CTP has announced the expansion of its collaboration with freight transport manager Delamode in CTPark Bucharest industrial park.
NEPI Rockcastle, the largest owner of shopping centers in Romania, aims to cover its electricity consumption exclusively from renewable sources by the end of 2026.
Romanian developer Genesis Property has obtained the BREEAM International In-Use certification, Outstanding, for Building F in its Bucharest-based Yunity Park business campus.
Adrian Pop, General Manager of ADP Green Building, spoke with Property Forum about the role of financial institutions in increasing the sustainability of real estate projects and the growing demand for certifications from international real estate investors.
Hili Properties, the real estate arm of Hili Ventures, has successfully secured the remaining 25% shareholding of the company which owns the MIRO office building in northern Bucharest.
The Clubhaus project was recognized as the most sustainable non-residential building in-use at the BREEAM Awards 2024 event in London last week.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).