Tag: Converde (1 articles)

Real estate   |   21 September, 2026 at 7:58 AM

Converde calls for clear rules on Romania green roof law

Romania's Urban Planning Code will require, from 1 January 2027, that office, commercial, industrial and storage buildings, including covered car parks, with a built area exceeding 1,000 sqm obtain authorisation only if green roofs adapted to local climatic conditions cover at least half of the roof surface. Industry association Converde welcomes the obligation, arguing that rooftops currently function as heat-accumulating surfaces that discharge rainwater rapidly into drainage systems, and that the new rules could turn them into active infrastructure for urban climate adaptation.

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Bucharest yields remain well above Western European levels
Real estate

Bucharest yields remain well above Western European levels

Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.

Energy

Electrica secures grid permits for 700 MWh of storage

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.

Energy

Romanian grid operator to support peak power consumption during heatwave

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.