BUCHAREST REAL ESTATE CLUB

Shaping a New Era of Development in Southeast Europe

#OfficeGoodLife: More and more people returning to office – Skanska CEE Study

#OfficeGoodLife: More and more people returning to office – Skanska CEE Study 750 520 BUCHAREST REAL ESTATE CLUB

COVID-19 pandemic has undoubtedly changed the way we work around the world. A study carried out on behalf of the Skanska office development division in the CEE shows that from the total number of people interviewed, in March 2020, during the first wave of the pandemic, 39% of them went to the office every day. Currently, their percentage has increased to 49%. In Romania, the percentages progressed from 38% in March 2020 to 51% today.

The Great Disadvantages of Working from Home

The lack of a clear separation between work and home is seen as the biggest disadvantage of working from home (more than 40% of respondents say this). Limited social life and monotony are other disadvantages when working from home. One in four people complains about the high costs of maintaining their home, and also about the lack of equipment and infrastructure available at the office. About 1/3 of respondents say they lack the possibility to work from the office. In Romania, this desire is even bigger, almost half of the Romanians in the study said that they feel the need to work from the office. Also, people who work in team believe that working from home is less efficient, and the lack of “face-to-face” discussions is mentioned much more often as a disadvantage (37% from the Romanian respondents). People with young children are more likely to complain too about the limitations of working from home compared with the possibilities offered in an office space.

Over 50% of all respondents in Romania go to the office every day

In Romania, the percentage of people who worked from home in the first wave of the pandemic has decreased significantly in the last period, and the number of people who go to the office every day has reached 51%. The mental comfort of office work is highly appreciated by CEE employees who have children (almost 1/3 from the total of 19%) but also by people who have to share a room at home with their children (45% from the total of 19%). According to the study, 57% of respondents indicate that safety certificates, such as the WELL Health-Safety Rating have a positive impact on their sense of security in the office, and in Romania, this percentage is even higher, reaching 64%.

“People are the most important asset of a company, and for us, their safety and well-being have always been a priority. The opportunity to go to the office, to work in a team, to communicate, to be with their colleagues, is a valuable part of daily life, allowing employees to maintain their effectiveness, creativity and mental comfort. The sense of belonging and human relationships are altered in the online environment. It is very important for us that employees who return to the office feel safe from the first moment they walk through the access doors in the buildings until the end of the program, which is why we have implemented all the security measures since the beginning of the pandemic and until now.” says Anne-Marie Diaconu, Leasing & Asset Management Director at Skanska commercial development business unit in Romania.

The study focuses on four countries in Central and Eastern Europe – Poland, the Czech Republic, Romania and Hungary. Its main aim was to analyze the current situation concerning work models on the labor market in terms of the COVID-19 pandemic. The responses were collected from 1,200 office workers in four countries – Poland, Romania, the Czech Republic and Hungary.

(17.03.2021)

BREC MEMBERS: Speedwell`s MIRO Office Building obtains highest level of WELL Standard in Romania

BREC MEMBERS: Speedwell`s MIRO Office Building obtains highest level of WELL Standard in Romania 750 516 BUCHAREST REAL ESTATE CLUB

·        MIRO is the first project certified under WELL v2, the newest version of WELL Health & Safety certification method

·        WELL v2 is considered the most rigorous framework for advancing health and well-being around the world

·        The consultant that coordinated the certification process was BuildGreen, leading advisor in the field of sustainable development in Central and Eastern Europe

Speedwell, one of the most dynamic developers on the Romanian market, joined hands with BuildGreen and obtained the WELL v2 certification for MIRO, the class A office project developed by the Belgian company in the Northern part of Bucharest. This is the highest level of WELL certification obtained to date in Romania, as well as the first project certified under the new, stricter version of this methodology, the developer announces.

WELL is the leading tool for advancing health, safety and well-being in buildings globally. Registering offices, buildings or other spaces leverages WELL’s flexible framework for improving health and human experience through design. WELL v2 is the most rigorously tested and vetted version of the WELL Building Standard (WELL) to date, making it the premier framework for advancing health and well-being around the world.

The WELL certification adds a “greener” note to the current labor market conditions regarding the health and safety of buildings’ users. 

MIRO is the latest office project of Speedwell, the Belgian development company recognized as one of the most active players currently on the Romanian real estate market. Located in the Northern side of Bucharest, MIRO is a class A office building totalling 23.000 sqm leasable area spread out over 5 levels, with large 4.570 sqm floor plates, 1:40 parking ratio, a 1.700 sqm outdoor plaza and 558 parking spaces.

MIRO was designed to achieve a BREEAM Excellent rating and a WELL certification, focusing on environmental and energy efficiency while applying the latest technology. The concept behind MIRO office building is based on three principles: well-beingaccessibility and visibility. The project aims to create a flexible and healthy environment and to combine work, leisure, facilities and green spaces, all monitored by the newest technology on the market, in an accessible location. As a result, approximately 70% of the office space has been pre-leased up to date.  The construction works for MIRO started in July 2020 and are expected to be finalized by the end of this year. For more details about the project, please see the attached property description.

Sustainability is a mandatory aspect for future proofed buildings. We all are responsible for using resources efficiently and, we, as developers, must take responsibility for the standards we are building at. That is why it is essential to create next generation buildings. As a result, we have designed our office project, MIRO, to achieve a WELL certification, a tool for advancing health and well-being, used at a global level, and we are proud to having obtained a platinum rating. Building high standard projects is one of our focuses, and sustainability has always been part of it”, declared Didier Balcaen, CEO and Co-Founder Speedwell. 

The implementation of health, well-being & safety principles in real estate developments already became a practice in the past couple of years. Speedwell is an active promoter of sustainable development in Romania and among the early adopters of WELL Health & Safety standard on the local real estate market. We are proud to accompany Speedwell in taking this new step and reach the highest level in WELL certification at this point in Romania”, stated Razvan Nica, Managing Director BuildGreen.

BuildGreen assisted the client from the beginning, offering consultancy and assessment services in line with BREEAM and WELL requirements, advice for sustainable design and acquisitions, as well as BREEAM and WELL strategy definition, health & safety solutions, energy performance, natural water and ventilation optimization, materials, waste management etc.

About Speedwell

Speedwell has a large portfolio of developments in Romania that includes Record Park in Cluj-Napoca, Triama Residence and The Ivy in Bucharest, Paltim in Timisoara, and Riverside City in Ramnicu-Valcea, together with the above-mentioned project, MIRO office building in the North of Bucharest.

(11.03.2021)

DECOR FLOOR: HIGH INTEREST IN VALUABLE WORKPLACES, ALIGNED TO DESIGN TRENDS LIKE BIOPHILIC & WELLBEING

DECOR FLOOR: HIGH INTEREST IN VALUABLE WORKPLACES, ALIGNED TO DESIGN TRENDS LIKE BIOPHILIC & WELLBEING 900 600 BUCHAREST REAL ESTATE CLUB

More projects that contribute to smarter cities, integrated in a clear, long-term urban strategy, are needed in Romania. Because we all aim for a smart economy, smart mobility, a smart environment, smart people, smart living and smart governance, says Decor Floor, regional leader in commercial flooring, in a discussion with BUCHAREST REAL ESTATE CLUB. 

“This formula can transform Bucharest in a European capital, able to keep up with both new generations and latest technologies”, says Octavian Moroianu, Managing Partner at Decor Floor, regional leader in commercial floors. In his opinion, Bucharest still needs experienced investors and developers with expertise in complex architectural projects with features to improve the quality of life in the city.

    The real estate developers on the local market are showing an increasingly large interest for investments in modern office buildings. This is why, today we live in a European capital where most of the buildings are Class A certified and two of them are rated among top ten greenest LEED certified office buildings in the world: Business Garden Bucharest C and Business Garden Bucharest B. These are projects where Decor Floor supplied and delivered floor finishes from its portfolio.

    In the last 15 years, Decor Floor CEE became a major player in the commercial flooring segment and a trustworthy partner in the real estate market. With a total turnover of EUR 10 mil. in 2020, Decor Floor delivered more than 150.000 sq m of raised access floor systems for the most iconic office buildings in Bucharest, such as Globalworth Campus C, Țiriac Tower, Equilibrium Phase 1 by Skanksa and One Tower @ Floreasca City. Its target for 2021 is to contract a minimum of 120.000 sq m. of raised access floor systems.

  They say that an extremely important element for success consists in providing premium services and products for both local companies and for corporations on the local market as well. ”If we were to speak in terms of square meters, let’s say for carpet, most probably the number would be around 145.000 sq m delivered in 2020 for tenants like PWC, NTT Data Romania, Royal Canin | Mars, and RPHI” Octavian Moroianu says.

One of their major projects, implemented during 2020-2021, is Țiriac Tower. Located in the heart of the city, for this project Decor Floor delivered and installed 12.800 sq m of raised access floor, 3.500 sq m of ceramic tiles and 900 sq m of ventilated facades, mechanically fixed to the building using a metallic structure, duly designed and checked, on which the external face in porcelain tiles is installed.

”This is an important step forward that will allow us access the ventilated facades segment with more confidence. Today, we have projects signed under letters of intention for more than 25.000 sq m of ventilated facades, forecasted to be completed during 2021 – 2022”, concluded the Managing Partner of Decor Floor, Octavian Moroianu.

(11.03.2021)

EUROFIN Health & Safety: Why Workforce Safety Impacts Real Estate Budgets

EUROFIN Health & Safety: Why Workforce Safety Impacts Real Estate Budgets 750 520 BUCHAREST REAL ESTATE CLUB

Employees` Health & Safety has become an even greater concern for companies in the pandemic period, with all sectors of activity having seen how workforce infestation with Covid-19 virus leads to serios activity blockage, delays and budgetary unforseen expenses. As related to real estate developments planned for 2021, we discussed with Razvan Chiru, Managing Partner of EUROFIN, one of the leading Health & Safety  companies in Romania, about the major risks associated with Health & Safety on construction sites.

The Legal Frame

Buildings can present a great number of possible risks both in construction and operation. There are many duties placed on those commissioning, designing, constructing and operating buildings to control those risks. The Romanian legislation affecting health and safety in design and construction falls under the HG no 300/2006, with any developer or investor being required to work with safety and health coordinator during the whole project implementation. Also, in 2021, construction companies use a wide range of safety practices as part of their safety management programmes, with an increasing emphasis on creating prevention measures and a safety culture on the construction sites.

Risks of not having a Strong Health & Safety Plan

Developers, investors and tenants know that implementing a health, safety and security plan has a huge impact on their business. Nowdays, if they don’t have the correct health and safety procedures in place for every construction site, then they will most likely be breaking the law. This means that their business could be fined, sued or even banned from operating depending on the level of risk. They may also face the problem of compensation if a worker is seriously injured on the construction site and the project might even need to be stopped and delayed for investigation. That means an important impact on budget and terms of execution. An unforeseen accident on the construction site leads nevertheless to construction delays and reputational risks, which translates into unforeseen costs for the investor / developer.  

“In 2021, investors, developers and tenants are facing new challenges: new technologies, forgetting not every worker speaks Romanian, rushing trainings for workers, difficulty to identify hazards, putting maintenance aside. It is crucial for construction business to create and implement a safety culture, starting with top management. We need to ensure that health, safety and security plan is focused both on workers but also on whole business functioning, collective measures prevailing the individual ones,” says Razvan Chiru, Managing Partner of EUROFIN Health & Safety.

Saving People, Time and Money

In a nutshell, efficient health and safety plans help to reduce both the human and the business costs of injuries and unnecessary lawsuits, having a major impact on productivity and profitability. Additionally, improved health and safety standards help companies become more effective to finish quality projects on time and improve their business profile with customers and clients.

Not only is health and safety important to avoid injury, there are also plenty of other long term benefits that your business stands to gain. By implementing the right health and safety procedures, employees are much more likely to be happier in their roles. If workers have the right knowledge and tools, it can boost morale on the construction site and lead to better productivity. With less illness and injury you can also gain more productive working hours, which can lead to better profitability. In the long term it can also build a good reputation for entire business and it will help to retain staff.

EUROFIN Health & Safety is a leader on its market segment, having worked in the Real Estate sector with companies such as Skanska, Gran Via Real Estate, Lidl, P3, GSE or Atenor.

(11.03.2021)

BREC ”WOMEN IN REAL ESTATE”: CONSISTENT PRESENCE OF WOMEN IN RE LEADERSHIP ROLES IN ROMANIA

BREC ”WOMEN IN REAL ESTATE”: CONSISTENT PRESENCE OF WOMEN IN RE LEADERSHIP ROLES IN ROMANIA 750 525 BUCHAREST REAL ESTATE CLUB

Romania is a balanced market as regards the presence of women in management and top management roles of real estate companies and their annual incomes can exceed 300.000 EUR per year, according to the most recent analysis by BUCHAREST REAL ESTATE CLUB. At its 2nd edition this year, WOMEN IN REAL ESTATE initiative aknowledges the role of women in managing and developing significant real estate businesses in Romania.  

Romanian women manage large real estate investments and assets in excess of 5 billion EUR, leading the activity of companies across the entire spectrum of the real estate sector: investment funds, real estate development companies, asset management companies, advisory and brokerage, as well as successful entrepreneurial businesses such as architecture and interior design firms.

Women in top management roles (CEO, COO, CFO) may excced net annual incomes of EUR 100.000 EUR, plus 3-5% ad-ons from the annual profit of the projects they manage („shared profits” participation), according to WOMEN IN REAL ESTATE analysis by BUCHAREST REAL ESTATE CLUB.

The middle management roles (Marketing Director, Commercial Director, Legal Manager) are remunerated with incomes that may exceed 50.000 EUR per year, with performance – related bonuses. For example, commercial directors in the residential segment can ad to their salaries a plus of 1% of the total sales volume they coordonate.

In the brokerage sector, senior department managers are remunerated with 36.000 – 55.000 EUR annually, plus commissions of 8-25% of the incomes they generate for the company. 

“In an atypical year as it was the case of 2020, the women`s performance in real estate management roles in Romania are the more notable.

They adjusted their companies` actions and business plans according to the new reality, they negotiated, re-negotiated and signed large sales or rent transactions of the real estate assets and they even decided the start of new real estate investments, under full pandemic circumstances. As compared to the Western European countries, Romania is a particular market, with women managers being very present and visible in the real estate sector, being remunerated as such,” states Despina Ponomarenco, President of BUCHAREST REAL ESTATE CL)UB.

(8.03.2021)

MEMBER NEWS: Delta Studio Expands Operations as Residential Real Estate Developer

MEMBER NEWS: Delta Studio Expands Operations as Residential Real Estate Developer 750 526 BUCHAREST REAL ESTATE CLUB

Romanian interior design supplier Delta Studio consolidates its operations on the residential segment by entering the development market, announced Tudor Cartianu, CEO of the company at a recent BUCHAREST REAL ESTATE CLUB Media Briefing.

Starting Q1 2021, Delta Studio will develop a boutique residential project, in gated community format in Corbeanca area, near Bucharest.

The project consists of 24 houses, benefitting from modern architecture and large common spaces with a community pool, park and outdoor fitness area.   

“The real estate market had been under our attention for some time, as we are an already established supplier of materials and finishes for this market and we are very well immersed into the segment.

In the new context generated by the pandemic we saw the opportunity to develop a modern housing  project in one of the premium green areas in the outskirts of Bucharest, Corbeanca,” stated Tudor Cartianu, CEO of Delta Studio.

The project delivery is estimated for Q1 2022.

(3.03.2021)

THE NEW FACE OF BUCHAREST: STRUCTURAL CHANGES IN LOGISTIC & RETAIL

THE NEW FACE OF BUCHAREST: STRUCTURAL CHANGES IN LOGISTIC & RETAIL 740 519 BUCHAREST REAL ESTATE CLUB

As online sales market continues its accelerated growth, logistic developers are consolidating their logistic hubs near Bucharest. Retail focuses on smaller – sized proximity projects. 

Pandemic brings structural changes on the retail and industrial segments of the real estate market: proximity retail gains further ground, while logistic keeps on its consolidation on grounds of 2020 accelerated growth in online sales, according to BUCHAREST REAL ESTATE CLUB analysis – THE NEW FACE OF BUCHAREST.

”The total E-Tail* – tangible products – market in Romania reached a 5.6 billion EUR value at the end of 2020, up by 30% as compared to the previous year. Daily sales also reached the 15 million EUR volume,” said Raluca Radu, Co-organizer of GpeC (E-Commerce Awards Gala) at the press conference organized by BUCHAREST REAL ESTATE CLUB on the official launch of THE NEW FACE OF BUCHAREST Catalogue.

In this context, developers are actively investing in new logistic parks, the most important areas in Bucharest being the hubs in the proximity of A1 and A3, with a new interest area between the two, namely Buftea – Chitila, in the vicinity of the new Capital`s ring road, A0.

“The e-commerce operations are changing the paradigm in logistic. Large e-commerce players will continue to generate demand for XXL hubs logistic formats as well as for cross-docking platforms,” Dana Bordei, Commercial Director of WDP logistic developer stated for BUCHAREST REAL ESTATE CLUB.

„From our Group activity we see sinergies between the office and the logistic segments, with tenants from the office buildings which we aim to attract to our logistic parks,”, said Alexandra Popa, CFO of Element Group, which includes the logistic developer Element Industrial.

„The retail and e-commerce companies rented a cumulated area of more than 400.000 sqm in Romania in 2020. Bucharest remains the most attractive city, comprising 65% of the total volume transacted last year. Proximity has a major impact on consumers` habits; as a consequence, the food operators remained active, ensuring new locations in the proximity of the most dense residential hubs, while developers focused on smaller – sized parks, with a limited mix of retail and services,” Cristi Moga,Head of Reserach Cushman & Wakefield Echinox, said at the same press conference.

Download here THE NEW FACE OF BUCHAREST Catalogue by BUCHAREST REAL ESTATE CLUB

(19.02.2021)

THE NEW FACE OF BUCHAREST: RESIDENTIAL IN THE HYPE

THE NEW FACE OF BUCHAREST: RESIDENTIAL IN THE HYPE 740 519 BUCHAREST REAL ESTATE CLUB
In the context of Covid – 19 pandemic and with the amount of time spent at home having increased in the past year, together with the increase of Romanians` purchasing power, the Bucharest residential market is undergoing an effervescence period. Developers active in Bucharest are investing a total of 1 billion euros in middle & upper class housing projects, which improve the living standards in the Capital City, according to BUCHAREST REAL ESTATE CLUB analysis – THE NEW FACE OF BUCHAREST. 

According to BUCHAREST REAL ESTATE CLUB data, the total investments volume, on all sub-segments of the Bucharest real estate market is 3.5 billion euros (of which the residential sector – middle & upper class quality projects represent a total of 1 billion euros), in 60 projects included in the analysis, completed in 2020 or with delivery term until 2023. National Real Estate Cadastre Agency data reflect a residential sales volume higher by 19% in 2020 as compared with 2019, despite a 2 months blockage during the lockdown period at pandemic outbreak.     

According to BUCHAREST REAL ESTATE CLUB analysis, the area thhhat keeps on attracting most of the quality projects investments is the Northern part of Bucharest, with its sub-markets Barbu Vacarescu – Floreasca, Aviatiei, Pipera, Baneasa, Expozitiei, Sisesti – Straulesti.

With Eurostat data reflecting a 45,8% percentage, almost half of Romania`s population living in over-crowded dwellings, BUCHAREST REAL ESTATE CLUB estimates a continuing high potential on the market for new residential developments. 

MAIN TRENDS OF THE RESIDENTIAL SECTOR IN 2021: 

  • 2-rooms apartments remain prioritary in the development mix for the middle segment, as they are most searched by buyers for and price – affordable. 
  • Individual houses and villas demand increases by 30%, but most projects focus on apartments well located within the City and served by various facilities.
  • Pandemic favors projects with multiple facilities for the living communities: green areas, children playgrounds or special areas designed for outdoor sports.
  • New types of layouts: considering the evolution towards a new hybrid work format (several days from home and several days from the office), developers also consider the idea to include an office area in the new housing layouts, which can improve the comfort of working from home.
  • New areas of interest: together with the inauguration of the new M5 subway in the Central – Western part of Bucharest, new residential projects may be announced in the following period; another area of interest which will attract new investments is the one in the near proximity of the Urban Highway, where some developers are already preparing projects.
  •  The luxury segment continues its development trend, with more and more sophisticated clients, whose incomes were not affected by the pandemic and who that pay up to 4-5.000 EUR/sqm for exclusive properties. 

Download here THE NEW FACE OF BUCHAREST Catalogue by BUCHAREST REAL ESTATE CLUB

(17.02.2021)

THE NEW FACE OF BUCHAREST: + 3.5 BLN. € INVESTMENTS IN BUCHAREST REAL ESTATE

THE NEW FACE OF BUCHAREST: + 3.5 BLN. € INVESTMENTS IN BUCHAREST REAL ESTATE 740 524 BUCHAREST REAL ESTATE CLUB
Bucharest attracts investments totalling over EUR 3.5 billion in large-scale projects, developed in 2020 and in course of delivery until 2023, according to the latest market analysis conducted by BUCHAREST REAL ESTATE CLUB – “THE NEW FACE OF BUCHAREST”.
The value includes investments in major urban regeneration projects, which bring back to the communities the former abandoned industrial platforms in central areas of the city, in new office buildings integrating smart technologies adapted to the new hygiene and health conditions, in modern residential, which defines new living standards in Bucharest, in new retail schemes and logistics hubs in the vicinity of Bucharest, as well as in infrastructure projects.

The capital of Romania has become a technology and innovation hub, as highlighted by the Financial Times ranking, which places Bucharest on the 7th place in the Top 25 “Tech Cities of the Future 2020/2021”. At the same time, in the pandemic context and with the acceleration of digitalization, it is expected that the main software and digital solutions companies will continue to accelerate their development.

UiPath was founded in Bucharest, the city where our global development started. We found the necessary modern infrastructure and offices here and, most importantly, highly specialized human resources, which contributed to the success of the UiPath story on every continent, says Elisabeta Boşneag, Head of Global Real Estate UiPath, for BUCHAREST REAL ESTATE CLUB.

50% OF THE TOTAL INVESTMENTS VOLUME IS REPRESENTED BY THE LARGE URBAN REGENERATION PROJECTS, THE NEW OFFICE HUBS AND THE TRANSFORMATION OF THE ULTRA-CENTRAL AREA OF BUCHAREST.

According to BUCHAREST REAL ESTATE CLUB data, local developers as well as international investment funds are investing approximately 1.6 billion euros in modern projects, which will completely change the Bucharest real estate landscape.

Urban renewal projects on former industrial platforms create new areas of interest, with mixed functions (offices, housing, retail) and multiple facilities (green spaces, areas for outdoor sports and playgrounds), while offering the possibility to work in the home proximity. Such developments analyzed by BUCHAREST REAL ESTATE CLUB are One Floreasca City, One Cotroceni Park, Timpuri Noi Square – Vastint, Fosta Fabrică – Hanner or Estoria complex. On the office market, some projects have been converted into residential spaces, but investments have not been stopped.

The most important office hubs, with new projects completed in 2020 or under development in 2021-2023 are the Central – Western area (One Cotroceni Park, Campus – Skanska, The Light), South – Center (Timpuri Noi Square – Vastint, U Center – Forte Partners), Barbu Văcărescu (Globalworth Square and Equilibrium – Skanska), Pipera (Globalworth Campus), Expozititiei (J8 Office Park – Portland Trust and @Expo – Atenor) or Băneasa with MIRO Offices by Speedwell. The Ultra – Central area is also on investors` radar, some of the most important projects here being One Tower by One United Properties or Țiriac Tower – Țiriac Imobiliare. At the same time, developers are investing in existing properties, preparing them for the increasingly sophisticated requirements of tenants and buyers: Bucharest Business Park (CA IMMO), myhive (Immofinaz) or One North Gate (One United Properties) being just a few examples.

Post-pandemic trends on the Bucharest office market

While international green building certifications BREEAM or LEED have already become a standard for the new office buildings in Bucharest, major developers have increasingly addopted the WELL certification – an international standard that certifies the quality of the interior air and construction to parameters that ensure the wellbeing of employees who will work in these buildings.

Innovation and integration of smart technologies are also becoming increasingly important for developers, with new buildings benefiting from touchless technology or innovative air disinfection systems, which ensure a higher degree of hygiene and safety for the buildings occupiers.

Geothermal systems or photovoltaic roofs are also some of the features of the new office buildings,signaling thatthe buildings` energy efficiency is also becoming a standard among institutional real estate developers.

The new hybrid work format

Given the start of the global vaccination campaign, market experts estimate that most of the companies will choose to work for at least 3 days a week from the office, leaving certain segments of employees the flexibility to continue to work from home.

”In 2020, aproximately 25.000 persons called ATLAS Help Line, a phone line for psycho-emotional support; beyond the pandemic – related difficulties (depression, anxiety), they also reported problems related to the lack of adaptation to working from home: stress, sleeping problems, difficulties in managing their relations with thei families and colleagues. Also, more than 20.000 online psycho-therapy sessions took place on atlas.app, while the self-evaluation tools available there (stress, depression, anxiety, burnout, quality of life, financial wellbeing scales) and the specialized content on the blog were constantly accessed by a large audience. A significant increase of 100% was also registered among our corporate clients, as companies in Romania contracted the ATLAS services as support for their employees in this period,” Dr. Mihai Bran,  primary psychiatrist and co-founder of ATLAS, digital health and wellbeing platform that grew exponentially in the recent years, stated for BUCHAREST REAL ESTATE CLUB.

Download THE NEW FACE OF BUCHAREST Report by BUCHAREST REAL ESTATE CLUB

(16.02.2021)

BREC MEDIA BRIEFING, 16.02: THE NEW FACE OF BUCHAREST: THE NEWEST OFFICE CLUSTERS

BREC MEDIA BRIEFING, 16.02: THE NEW FACE OF BUCHAREST: THE NEWEST OFFICE CLUSTERS 740 526 BUCHAREST REAL ESTATE CLUB
On Tuesday, February 16.00, BUCHAREST REAL ESTATE CLUB organizes the Press Conference announcing the latest cumulated data on the new real estate investments on the Bucharest market. In the spotlight: THE NEW OFFICE CLUSTERS IN BUCHAREST.

Agenda highlights:

  •  Major investments completely changing the Bucharest Real Estate landscape
  • Urban Regeneration Projects
  • The New Office Clusters in Bucharest
  • Bucharest Central Business District
  • Active investments
  • Status of new projects
  • Modern stock update 
  • Post – pandemic trends on the office market 

Speakers:

  • Despina Ponomarenco, Executive Director, BUCHAREST REAL ESTATE CLUB
  • Cristi Moga, Head of Research, Cushman&Wakefield Echinox
  • Mihai Paduroiu, CEO, One United Properties – Office Division
  • Daniela Badulescu, Country Manager, S IMMO
  • Razvan Enache, Managing Director, Tiriac Imobiliare 
  • Mike Hapoianu, General Manager, MINDSPACE Romania & Polonia
  • Bogdan Nicoara, Founder, Bright Spaces
  • Dr. Mihai Bran, Co-founder, Digital health & wellbeing platform ATLAS
  • Alex Boghiu, Co-founder The Mavers 

(15.02.2021)