BUCHAREST REAL ESTATE CLUB

Shaping a New Era of Development in Southeast Europe

BREC AWARDS 2025: VISIONARY CONSULTANCY AWARD
BREC AWARDS 2025: VISIONARY CONSULTANCY AWARD 901 600 BUCHAREST REAL ESTATE CLUB

The annual BREC Christmas Party was a great opportunity to inaugurate BREC AWARDS, a new initiative designed to bring recognition to BREC members for their activity throughout the year in the real estate industry.

BREC AWARDS is our way to honour the visionaries who transform cities, redefine communities, and set new standards of excellence. BREC AWARDS has given us the opportunity to look closely at each member’s work in 2025 and highlight the investments, transactions, and companies that bring greater maturity and professionalism to the Romanian real estate industry.

VISIONARY CONSULTANCY AWARD – IO PARTNERS

BEST OFFICE DEAL: PROCTER & GAMBLE – YUNITY PARK

The company has gone through a series of notable transformations recently. In 2023, following the JLL – iO Partners transaction, JLL offices in Romania, the Czech Republic, Hungary and Slovakia became iO Partners. Starting from January 2026, the new market manager for Romania will be Andrei Vacaru, as recently announced.

We were glad that Andrei was present at the BREC event and that he can inaugurate the new role with an award, which we are offering for the best office transaction: Procter & Gamble at Yunity Park.

VISIONARY CONSULTANCY AWARD – FILIP & COMPANY

EXCELLENCE IN LEGAL ADVISORY & TRANSACTIONAL SUPPORT

Filip & Company is a company founded in 2019 by Cristina Filip and which has become one of the most active in the real estate area.

The real estate law practice is formed by lawyers with solid experience, who are at the forefront of the development of the real estate market in Romania. Ioana Roman, the coordinating partner for real estate within the firm, is recognized in Band 4 of the renowned Chamber & Partners. We are granting them the award for excellence in legal advisory & transactional support.

VISIONARY CONSULTANCY AWARD – FORTIM TRUSTED ADVISORS

TOP TRANSACTION: MEDICANA HEALTH GROUP

Fortim Trusted Advisors is a member of the BNP Paribas Real Estate Alliance. With headquarters in Bucharest and a branch in Cluj-Napoca, the company offers integrated real estate consulting and brokerage services across all market segments.

Fortim was the architect of a significant transaction recently concluded: Medicana Helath Group, for a 120-bed hospital, an investment of over 46 million Euros.

VISIONARY CONSULTANCY AWARD – SCHOENHERR ROMANIA

TOP CROSS-BORDER REAL ESTATE LEGAL ADVISORY

Founded in Vienna 75 years ago, the company has been active on the Romanian market for almost 30 years.

SCHOENHERR is active throughout the Central and Eastern European region and at BREC AWARDS 2025 we recognize their merits for international transactions.

VISIONARY CONSULTANCY AWARD – EST HOSPITALITY

BEST HOSPITALITY STRATEGY & ADVISORY

This award recognizes the merits of a niche consulting company. We are talking about tourism consulting and hotel affiliation in international brand chains.

Mircea Draghici is a pioneer in this field; he has numerous contracts that have materialized in successful hotel businesses. At BREC AWARDS 2025 we offer him the award for the best hospitality strategy & advisory.

BREC AWARDS 2025: EXCELLENCE IN CONSTRUCTION AWARD & ASSET MANAGEMENT AWARD
BREC AWARDS 2025: EXCELLENCE IN CONSTRUCTION AWARD & ASSET MANAGEMENT AWARD 901 600 BUCHAREST REAL ESTATE CLUB

The annual BREC Christmas Party was a great opportunity to inaugurate BREC AWARDS, a new initiative designed to bring recognition to BREC members for their activity throughout the year in the real estate industry.

BREC AWARDS is our way to honour the visionaries who transform cities, redefine communities, and set new standards of excellence. BREC AWARDS has given us the opportunity to look closely at each member’s work in 2025 and highlight the investments, transactions, and companies that bring greater maturity and professionalism to the Romanian real estate industry.

EXCELLENCE IN CONSTRUCTION AWARD – KONE ROMANIA

INNOVATION IN BUILDING MOBILITY SOLUTIONS

Founded in Finland in 1910, the company began operating in Romania in 2008 and has recorded steady business growth, reaching annual revenues of over 14 million Euros and over 90 employees. Kone products are present in residential projects, office buildings or shopping centers but also in public projects.

At BREC AWARDS 2025 we recognize their merits for innovations in mobility solutions.

EXCELLENCE IN CONSTRUCTION AWARD – KNAUF GIPS

DARING INVESTMENTS IN ROMANIA – KNAUF HUEDIN

German manufacturer Knauf is investing 88 million Euros in a gypsum factory in Huedin, which will be one of the largest of its kind in Europe. The factory will serve not only the local market, but also the countries in the region – Bulgaria, the Republic of Moldova, Serbia, Greece, Hungary, Ukraine, the Czech Republic and Slovakia, areas with a high potential for reducing energy consumption.

EXCELLENCE IN CONSTRUCTION AWARD – VITALIS CONSULTING

OUTSTANDING ACHIEVEMENT IN CONSTRUCTION PROJECT MANAGEMENT

Vitalis Consulting, a Romanian company, will celebrate its 20th anniversary next year. They are the ones who paved the way for what professional project management services in construction mean today and have an impressive portfolio: over 5 million sqm managed with a value of 3 billion Euros.

We are granting them the award for outstanding achievement in construction project management.

EXCELLENCE IN CONSTRUCTION AWARD -CONCEPT STRUCTURE

INNOVATING THE FUTURE OF STRUCTURAL DESIGN

With a 17-year history, Concept Structure has registered a 50% growth this year and is counting on the continuous training of the team and international expansion.

At BREC AWARDS 2025 we recognize their merits for innovation in the field of structural design.

EXCELLENCE IN CONSTRUCTION AWARD – WEMAT GLOBAL

EUROPEAN REGIONAL STRATEGIC EXPANSION

WEMAT is a company founded in Romania that has expanded regionally in Hungary and Bulgaria.

The company has evolved from a specialized flooring supplier to a full-service provider covering design, project management and execution. The company works with Romanian manufacturers of custom-made joinery and furniture, exporting their products for interior design projects in Hungary and Bulgaria. With a turnover of 25 million Euros in 2025, the target for 2027 is between 50-60 million Euros for the entire group.

ASSET MANAGEMENT AWARD – RUSTLER ROMANIA

OUTSTANDING ACHIEVEMENT IN PORTFOLIO MANAGEMENT

The company began its activity 90 years ago in Vienna. Part of the Rustler Gruppe, Rustler Romania was founded in 2011. In the last five years, they have recorded an increase from 26 million Ron turnover in 2020 to 40 million Ron in 2024.

We are granting them the award for outstanding achievement in portfolio management.

ASSET MANAGEMENT AWARD – VÖLKEL REAL ESTATE ROMANIA

BEST OPERATIONAL EFFICIENCY  

Voelkel Real Estate Romania was founded in 2019, part of the Völkel Group, one of the leading full-service property managers in Germany. The group operates in 15 locations in Germany, serving over 1,500 tenants. Its managed portfolio includes 160 commercial properties, with a total of 1.1 million sqm of leasable area and assets under management exceeding 2 billion euros.

ASSET MANAGEMENT AWARD – SINGU

DIGITAL TRANSFORMATION OF BUILDING MANAGEMENT

The SINGU platform is implemented by 500 companies in a portfolio exceeding 200 million sq m of commercial properties in over 30 countries. Clients include GTC, Logicor, NEPI Rockcastle and White Star.

At the BREC AWARDS 2025 we grant them the award for digital transformation of building management.

BREC AWARDS 2025: OFFICE INNOVATION AWARD & SUSTAINABILITY AWARD
BREC AWARDS 2025: OFFICE INNOVATION AWARD & SUSTAINABILITY AWARD 901 600 BUCHAREST REAL ESTATE CLUB

The annual BREC Christmas Party was a great opportunity to inaugurate BREC AWARDS, a new initiative designed to bring recognition to BREC members for their activity throughout the year in the real estate industry.

BREC AWARDS is our way to honour the visionaries who transform cities, redefine communities, and set new standards of excellence. BREC AWARDS has given us the opportunity to look closely at each member’s work in 2025 and highlight the investments, transactions, and companies that bring greater maturity and professionalism to the Romanian real estate industry.

OFFICE INNOVATION AWARD – VASTINT ROMANIA

INTEGRATING THE LARGEST FOOD HALL IN AN OFFICE DEVELOPMENT – TIMPURI NOI SQUARE

Vastint’s large development has completely changed the Timpuri Noi area of ​​Bucharest.

Currently, the investor is working on the second phase of the project, covering an area of ​​60,000 sq m. Once completed, it will double the total leasable area of ​​the project, which will thus reach 112,000 sq m.

At BREC AWARDS 2025 we are awarding them for a special concept: New Tales, the largest food hall that will be integrated into an office area.

OFFICE INNOVATION AWARD – GTC ROMANIA

LONG-STANDING COMMITEMENT FOR HUMAN-CENTRIC WORKSPACES

Today, the company has a 30-year history in Central and Eastern Europe. In Romania, one of the most recent investments was the renovation of the group’s flagship project, the City Gate towers in the Romexpo area.

At BREC AWARDS 2025 we recognize their long-term commitment to the office market.

OFFICE INNOVATION AWARD – THETA FURNITURE & MORE

TRUSTED PARTNER FOR OFFICE LANDLORDS

Theta Furniture & More is a company with a history of over 15 years in Romania, during which it became one of the largest local integrators of interior design solutions, with its own furniture production unit, in Prahova County.

At BREC AWARDS 2025 we grant them the OFFICE INNOVATION AWARD for being a trusted partner for office investors.

OFFICE INNOVATION AWARD – GENESIS PROPERTY

LEADERSHIP IN RECONVERSION – YUNITY PARK

Genesis, one of the largest office owners in Bucharest, is constantly investing in its properties.

We are granting them THE OFFICE INNOVATION AWARD  for the Yunity Park concept, a project that has undergone a reconversion process which includes the addition of an amphitheater and green spaces – a 2,000 square meter urban forest. The project is entering its final development phase, which will include an Innovation Center with a food hall, conference center, co-working spaces and a kindergarten.

OFFICE INNOVATION AWARD – BL ASSOCIATES

EXCELLENCE IN WORKSPACE DESIGN

BL Associates is a company founded by Brandon Lee. Born in Malaysia and educated in Singapore, Bradon worked in China and Taiwan but remained in Romania.

BL Associates has numerous notorious collaborations in the field of office design, some of the most famous being with Banca Transilvania.

At BREC AWARDS 2025 we grant them the OFFICE INNOVATION AWARD for excellence in workspace design.

SUSTAINABILITY AWARD – KAUFLAND ROMANIA

EXCELLENCE IN RETAIL OPTIMIZATION & CUSTOMER-CENTRIC MANAGEMENT

Kaufland Romania is a company which pays special attention to the ESG component. According to their latest report, the company has invested 63 million Euros in ESG initiatives regarding the supply chain of its stores, reducing its environmental impact and projects with impact in the Community.

We award Kaufland for excellence in retail optimization and customer-centric management.

SUSTAINABILITY AWARD – VGP ROMANIA

HIGHEST INTERNATIONAL STANDARDS IN INDUSTRIAL DEVELOPMENT

VGP Romania is part of the VGP group, a pan-European developer, manager and owner of high-quality logistics and semi-industrial properties, as well as a provider of renewable energy solutions. In Romania, it owns logistics parks in Bucharest, Brasov, Timisoara, Arad and Sibiu.

VGP Park Arad has received this year the BREEAM Outstanding certification with 96.3%, representing the highest score worldwide awarded to an industrial building.

SUSTAINABILITY AWARD – SEACE ROMANIA

LEADERSHIP IN TECH EDUCATION FOR SUSTAINABLE SOLUTIONS

Samsung climate solutions have seen double-digit growth in the last five years in the Romanian market.

At BREC Awards 2025 we recognize SAMSUNG ELECTRONICS AIR CONDITIONER EUROPE for their educational initiative aimed at engineers and installers to explore state-of-the-art HVAC technologies, delivering maximum value to end users.

SUSTAINABILITY AWARD – BUILD GREEN

SUSTAINABLE COMMUNITY IMPACT

Build Green is a company that practically identifies itself with the sector of sustainable certification.

The firm started its activity in Romania and today has a presence in 27 countries, has certified over 900 projects with a total area of ​​12.5 million square meters and investments totaling over 14 billion Euros. At BREC Awards 2025 we grant them the award for sustainable community impact.

SUSTAINABILITY AWARD – ELDRIVE ROMANIA

DYNAMIC CHARGING NETWORK EXPANSION

Eldrive has reached 1,000 electric charging points nationwide, and beginning of December 2025 was an important point for them, because they inaugurated in Pitesti the first HYC1000 EV charger in Eastern Europe, with a power of 1 MW, for very fast charging of electric vehicles.

At BREC Awards 2025 we grant them the SUSTAINABILITY AWARD for the dynamic expansion of the charging network.

SUSTAINABILITY AWARD – MEDARU ARCHITECTS

PROMOTER OF HISTORIC INFILL CONCEPT – MODERN INTERVENTIONS ENHANCING HISTORICAL HERITAGE

Founded in Iasi, MEDARU ARCHITECTS offers services in numerous areas of expertise both nationally and internationally.

At BREC Awards 2025 we are rewarding them for their contribution to sustainability by promoting the HISTORIC INFILL concept: modern interventions can enhance a city’s heritage, without dominating it. Revitalizing historic areas can be done without losing their identity, while integrating contemporary design solutions with low carbon emissions.

SUSTAINABILITY AWARD – 4ENVIGO

BEST STRATEGY FOR ENERGY PERFORMANCE

The young company was founded by the ambition of a professional expert to become an entrepreneur. Founded by Andrei Ivan, 4ENVIGO emerged from the need to provide smart, energy-efficient climate solutions, at commercial and industrial levels, to organizations committed to reducing their carbon footprint in their fight against global warming.

At BREC Awards 2025 we are offering the award for the best strategy in terms of energy performance.

SUSTAINABILITY AWARD – ADP GREEN BUILDING

LEADERSHIP IN PROMOTING GREEN DEVELOPMENT 

ADP was founded in Cluj-Napoca by Adrian Pop and focuses on Green building consulting and certification.

At BREC Awards 2025 we are offering the SUSTAINABILITY AWARD for leadership in promoting green development.

BREC AWARDS 2025: QUALITY LIVING AWARD
BREC AWARDS 2025: QUALITY LIVING AWARD 901 600 BUCHAREST REAL ESTATE CLUB

The annual BREC Christmas Party was a great opportunity to inaugurate BREC AWARDS, a new initiative designed to bring recognition to BREC members for their activity throughout the year in the real estate industry.

BREC AWARDS is our way to honour the visionaries who transform cities, redefine communities, and set new standards of excellence. BREC AWARDS has given us the opportunity to look closely at each member’s work in 2025 and highlight the investments, transactions, and companies that bring greater maturity and professionalism to the Romanian real estate industry.

QUALITY LIVING AWARD- AFI ROMANIA

PIONEERING THE BUILD-TO-RENT SECTOR – AFI HOME NORTH

AFI ROMANIA has long been known for its activity in ​​​​the management of shopping centers and office buildings. However, the company has turned its attention to a sector where not many investors look: residential build to rent.

AFI Home North was completed in early 2025, introducing a new way of life: fully furnished apartments, pet-friendly and with a series of facilities such as a gym or coworking center.

For the pioneering work they do in this field but also for raising the standards in the process of renting a home, we grant AFI ROMANIA the QUALITY LIVING AWARD.

QUALITY PERFORMANCE I LIVING AWARD – AKCENT CITY

OUTSTANDINGN SALES

Akcent City represents a large-scale development of 723 residential units, 900 parking spaces and 4,000 sq m of green spaces, in the area of the Jiului metro station.

We award Akcent City for sales performance: over 90% pre-contracted prior to completion.

QUALITY LIVING AWARD – CLOUD 9 EVOLUTION

BUILDING SUSTAINABLE COMMUNITIES THROUGH INVESTMENTS IN EDUCATIONAL INFRASTRUCTURE 

Built following an investment of 90 million Euros, on an area of ​​3.2 hectares, Cloud 9 Evolution will include over 1,000 apartments & parking spaces, as well as a wide range of integrated facilities.

We are happy to see that today residential projects are no longer just about apartments, but also dedicated infrastructure, facilities and green spaces. CLOUD 9 EVOLUTION allocates 3 million Euros for a new school with 10 classrooms, 4 laboratories, library, gym, medical office and administrative spaces.

QUALITY LIVING AWARD – HILS SUNRISE

A NEW BENCHMARK IN EASTERN BUCHAREST

HILS Development is developing HILS Sunrise, the first pre-certified Green Homes complex in eastern Bucharest.

HILS Sunrise implements the most of sustainable measures and solutions, improving the living conditions of the future community. Spread over an area of ​​15,000 sq m, HILS Sunrise will include 4 buildings, with 704 new apartments and 732 parking spaces. With a completion date of 2026, the project will benefit from the most integrated network of facilities, developed to date in HILS projects.

QUALITY LIVING AWARD – INTERO PROPERTY DEVELOPMENT

RESHAPING THE OBOR AREA

InteRo Property Development is a family office, founded in 2006 by Michael Topolinski, and later joined by his 3 children.

The investor is working on his most complex project, SkyLight Residece, which will modernize the Obor area. In total, the development will include 2,200 apartments, 115,000 sq m of offices, 8,540 sq m of commercial space and 28,000 sq m of green spaces. The first phase, with 551 apartments, is scheduled for completion in 2027.

We are granting the QUALITY LIVING AWARD for reshaping the Obor area.

QUALITY LIVING AWARD – HERCESA ROMANIA

TWO-DECADE PROPERTY LEADERSHIP

This year marked a double anniversary for the Spanish group Hercesa: 50 years since its foundation and 20 years of activity on the Romanian market. With 50 million square meters of land under management and 500 professionals within the group, Hercesa has delivered 30,000 homes in those 50 years.

In Romania, the investor completed 1,200 housing units and saved the Cismigiu Hotel from degradation, transforming it into a landmark in the center of Bucharest.

QUALITY LIVING AWARD – BHB PROPERTIES

THE COMMITMENT TO CREATE LIFESTYLE-CENTERED COMMUNITIES – BHB AVENUE

BHB Properties completed this year in the North area BHB Avenue: a premium project, offering high quality services: an urban garden, spa area or concierge services.

For the commitment and determination to create communities around shared values we are granting the QUALITY LIVING AWARD to BHB Properties.

QUALITY LIVING AWARD – IMPACT DEVELOPER & CONTRACTOR

INTEGRATED VISION FOR EXPANDING ACCESSIBLE HOUSING ACROSS THE COUNTRY

Impact Developer & Contractor is the developer with the longest experience on the real estate market in Bucharest: over 30 years and the first real estate company listed on the BVB in 1996. With such a history, the company has gone through all kinds of turbulent periods but has always successfully overcome numerous challenges.

And in 2025 they announce an ambitious plan: investments of almost 2 billion Euros for almost 10,000 new residential units in Bucharest, Constanta and Iasi.

For their vision to expand the concept of affordable housing nationwide we are granting the QUALITY LIVING AWARD.

QUALITY LIVING AWARD – CORDIA

CONTINUITY IN INVESTMENTS ON THE ROMANIAN MARKET

Cordia is one of the leading residential developers in Central and Eastern Europe, with a strong presence in Hungary, Spain, Romania and other key markets. The company’s portfolio includes over 11,000 apartments sold and 2,500 units under construction.

In Romania, Cordia has completed the Parcului20 project and is preparing to launch new residential developments in Bucharest, focused on energy efficiency and long-term value.

QUALITY LIVING AWARD – SEMA REAL ESTATE

VISIONARY URBAN INTEGRATION – SEMA HOME 

The vision for the development of the former industrial platform Semanatoarea is already almost 20 years old. This is where the initial investments in the office sector appeared.

We are glad to see that the owner also includes the residential component, with commercial facilities, through the recent launch of SEMA HOME.

For the vision of integrated development in the Semanatoarea area we are granting the QUALITY LIVING AWARD at BREC AWARDS 2025.

QUALITY LIVING AWARD – ATRIA URBAN RESORT

AFFORDABLE HOUSING IN NORTHERN BUCHAREST

Atria Urban Resort is a project developed in partnership by Cityring Development and Evergent Investments. Atria spreads over 6.5 hectares, near Lake Străulești, has a low-density concept, with a GF+4 regime, green spaces designed according to an integrated concept, swimming pools and playgrounds for children.

The project proves that affordable housing can be built in the northern area, seen more as an area for high-priced units.

QUALITY LIVING AWARD  – WEST GROUP

BEST INTEGRATED REAL ESTATE & CONSTRUCTION DEVELOPER

With an impressive portfolio of completed projects, WEST GROUP’s activity covers both industrial and residential constructions, as well as logistics and real estate solutions.

The group has over 800 employees and operates with 4 key divisions: West Construct, West Beton, West Logistik and West Imobiliare.

In Romania they have acquired the iResidence project and are preparing new investments.

QUALITY LIVING AWARD – DELTA STUDIO

KEY ROLE IN DEVELOPMENT OF THE RESIDENTIAL SECTOR THROUGH DESIGN EDUCATION

Delta Studio was founded in 1996 and has become a provider of integrated interior solutions for architects, designers, developers and end customers.

At BREC AWARDS 2025 we recognize their merits in terms of education in the field of interior design, they are the ones who campaigned for collaboration with professional designers when this seemed more like a caprice.

QUALITY LIVING AWARD – IMOBILIARE.RO

TRANSPARENCY FOR A MORE MATURE MARKET

Imobiliare.ro with a 25-year history, started as an listings site and has become today probably one of the main sources of qualified leads for many developers, but also the actor that brings transparency where it is most needed – housing prices.

At BREC 2025 we are awarding the company for their efforts to mature this sector through transparency.

BREC AWARDS 2025: SPECIAL AWARD & STRATEGIC INVESTMENTS AWARD
BREC AWARDS 2025: SPECIAL AWARD & STRATEGIC INVESTMENTS AWARD 901 600 BUCHAREST REAL ESTATE CLUB

The annual BREC Christmas Party was a great opportunity to inaugurate BREC AWARDS, a new initiative designed to bring recognition to BREC members for their activity throughout the year in the real estate industry.

BREC AWARDS is our way to honour the visionaries who transform cities, redefine communities, and set new standards of excellence. BREC AWARDS has given us the opportunity to look closely at each member’s work in 2025 and highlight the investments, transactions, and companies that bring greater maturity and professionalism to the Romanian real estate industry.

SPECIAL AWARD – IULIUS COMPANY

25 YEARS OF EXCELLENCE IN TRANSFORMING ROMANIA’S CITIES

This year, the IULIUS Group marks two and a half decades of activity, a period in which it transformed itself from a pioneer of modern retail outside the Capital, into a developer with major investments in urban regeneration. The company currently owns eight projects, in Iași, Timișoara, Cluj-Napoca and Suceava, totaling 320,000 sq m of retail space and 240,000 sq m of offices. With 1,700 employees and investments of 1.2 billion Euros in Romania, Iulius is an important player in the economic life of the cities where it operates. The projects in the portfolio have generated cumulative economic benefits of over 330 million Euros to the central and local budgets, through taxes and duties.

We are granting a SPECIAL AWARD to Iulius for the way they contributed to the development of Romanian cities and for 25 years of excellence in real estate.

SPECIAL AWARD – HAGAG DEVELOPMENT EUROPE

ACTIVE CONTRIBUTION TO THE REVITALIZATION OF BUCHAREST’S HERITAGE – H STIRBEI PALACE

With this award, we recognize the vision of a player to invest in historical, heritage buildings when no one else was considering this.

With investments of over 150 million Euros and a budget of another 380 million Euros for the next period, Hagag Development Europe actively contributes to the remodeling and revitalization of Bucharest’s urban fabric. The investor set out with the intention of developing new landmarks for the local real estate market and raising the quality standard in the industry. They explored, invested and grew a market segment neglected by developers at the time, that of urban regeneration through the renovation, modernization and reconversion of old buildings with historical value.

We are granting a SPECIAL AWARD For the active contribution to the revitalization of Bucharest’s heritage and for the courageous investment in the Stirbei Palace.

SPECIAL AWARD – ONE UNITED PROPERTIES

INTRODUCING THE HOXTON BRAND & GLOBAL LIFESTYLE EXPERIENCES IN BUCHAREST

One United Properties started its activity as a residential developer, later investing in large-scale projects with multiple functions.

At BREC AWARDS 2025 we recognize their merits for the initiative to pay attention to historical buildings and at the same time to enter a new sector – hotels. On Academiei Street, in the dowtown of ​​Bucharest, One United Properties is investing in the restoration of three historical buildings, where they will bring a new brand to Bucharest: Hoxton!

STRATEGIC INVESTMENTS AWARD – CPI PROPERTY GROUP ROMANIA

EXTRAORDINARY ACHIEVEMENT IN ASSET TRANSFORMATION – SUN PLAZA

CPI Property Group owns a significant portfolio of 590,000 sq m in Romania: 340,000 sq m of offices and 250,000 sq m of retail space in cities such as Bucharest, Cluj-Napoca, Constanța, Pitești or Baia-Mare and is constantly investing in the modernization of its properties.

In 2025, CPI Romania initiated a significant modernization process of Sun Plaza. This redevelopment includes the expansion of the Zara store as well as the relocation of the Pull&Bear store. At the same time, Sun Plaza entered a major renovation phase this spring, aimed at integrating new retail concepts, including a modernized Auchan hypermarket but also international brands.

We are granting a STRATEGIC INVESTMENTS AWARD for the significant investments in the transformation of this asset.

STRATEGIC INVESTMENTS AWARD – LION’S HEAD

EXPANDING ROMANIAN PORTFOLIO THROUGH LOGISTICS DEVELOPMENT

Lion’s Head entered the local office market with the acquisition of Oregon Park. This year, it expanded its activity in Romania and began development in the logistics sector, in the southern area of ​​Bucharest.

The new project, which requires investments of 65 million Euros, is financed by the International Finance Corporation. We are granting a STRATEGIC INVESTMENTS AWARD for the courage to invest in an extremely competitive sector.

STRATEGIC INVESTMENTS AWARD – FIA IMOBILIAR BT PROPERTY

CONSISTENT REAL ESTATE PERFORMANCE

Starting this year, FIA Imobiliar BT Property became part of INNO Investments, the newest company of the Banca Transilvania financial group, specialized in the management of alternative investment funds. INNO Investments underwent a rebranding in June 2025, the former company OTP Asset Management, acquired by Banca Transilvania in October 2024.

We are granting a STRATEGIC INVESTMENTS AWARD for consistent real estate performance.

STRATEGIC INVESTMENTS AWARD – LOGICOR ROMANIA

PERFORMANCE IN URBAN LOGISTICS DEVELOPMENT

Logicor, a leading European logistics property owner, manager and developer has a portfolio of over 19 million sq m of warehouse space.

In Romania, Logicor is focused on Bucharest, where it has the largest presence, with over 250,000 sq m of a total portfolio exceeding 330,000 sq m of Class A warehouse space. The total value of Logicor’s portfolio in Romania exceeds 220 million Euros.

We are granting a STRATEGIC INVESTMENTS AWARD for performance in urban logistics development.

STRATEGIC INVESTMENTS AWARD – MEDCITY

PIONEERING HEALTHCARE BUILDING DEVELOPMENT

Through this STRATEGIC INVESTMENTS AWARD we recognize the merits of a company that has opened a new niche on the Romanian real estate market, namely medical buildings.

Medcity has reached 12 medical hubs in Romania, the most recent investments being in Craiova and Timisoara. We are granting them the award for the courage to pioneer the healthcare building development.

STRATEGIC INVESTMENTS AWARD – YELLOW TREE

EXPANDING INTO RETAIL – ARIA SHOPPING CENTER

Yellow Tree is a company active on the Romanian market since 2018. Today, Yellow Tree has a team of over 45 professionals specialized in all aspects of property management.

The year 2025 represented a milestone for Yellow Tree for a new beginning, starting the investment for the ARIA Shopping Center project, a new commercial concept in Sector 6, Valea Cascadelor area.

We award Yellow Tree for the decision to invest and expand in the retail sector.

STRATEGIC INVESTMENTS AWARD – META ESTATE TRUST

TRANSPARENCY & GOVERNANCE EXCELLENCE

META ESTATE TRUST is a holding company, founded in March 2021 by Romanian entrepreneurs, with experience in the real estate and capital markets. The company’s strategy is based on a mix of investment typologies with different return and risk profiles, with total assets worth 126.8 million lei as of September 2025. Listed on the AERO market of the BVB, the company has played an important role in the steps to legislate REITs and institutionalize the real estate market.

We are granting a STRATEGIC INVESTMENTS AWARD for for transparency and governance excellence.

iO Partners announces the appointment of Andrei Văcaru as Managing Director for Romania
iO Partners announces the appointment of Andrei Văcaru as Managing Director for Romania 620 600 BUCHAREST REAL ESTATE CLUB

04.12.2025

Andrei Văcaru as Managing Director iO Partners

iO Partners is entering a new leadership chapter in Romania with the appointment of Andrei Văcaru as Managing Director from 1/1/2026. After a transition period with Andrei till year end, Vlad Stanislav will take some time off before pursuing new opportunities. We wish him every success in his new endeavors, and we thank him for his contribution over the years.

Andrei’s appointment marks a natural evolution for someone who has been part of the company’s backbone for 18 years. He is one of the most consistent reference points for colleagues and clients alike, throughout every phase of the organization’s evolution, from its JLL heritage to the formation and growth of iO Partners. His experience spans multiple market cycles, structural shifts and strategic transitions, giving him a deep understanding of how the business operates and what it needs to perform at its best.

Throughout the last two and a half years, his leadership of the CEE Capital Markets team has redefined the company’s position in the region. Under his guidance, the team delivered its strongest results to date, completed landmark transactions across multiple markets and asset classes, grew revenue at an unprecedented pace, and built the reputation that now places iO Partners at the forefront of investment advisory in Romania and among the top players in CEE.

Andrei will continue to lead the CEE Capital Markets team while taking on his new role, further supporting our regional experts and facilitating cross border capital flows.

Beyond performance, Andrei has been instrumental in establishing iO Partners as a recognized regional brand, helping transform a new identity into a name trusted by global and local investors alike.

He brings into the role a long-standing connection with JLL. Having built his career inside the global platform and maintained close collaboration ever since, Andrei understands both operating models in depth. He is the bridge that aligns values and execution between iO Partners and JLL, a link that is a strategic advantage for clients in a setup that relies on balancing independence with partnership.

“Andrei has shaped this organization in ways few people have, and his judgment has been a stabilizing force through every transition we’ve gone through”, said Charles Boudet, CEO of iO Partners. “His appointment brings the continuity and market understanding we need as we move into the next phase of growth.”

“Stepping into this role feels like a natural continuation of the work we’ve been building for many years. I’ve worked through many stages of this company’s development, and that perspective helps me understand what differentiates us and what makes us strong. We have skilled people, solid partnerships and a clear direction. My focus now is to bring stability where it’s needed and pace where it matters”, said Andrei Văcaru, Managing Director of iO Partners Romania.

HILS Nord, the newest project signed by HILS Development
HILS Nord, the newest project signed by HILS Development 1067 600 BUCHAREST REAL ESTATE CLUB

• HILS Nord is a mixed-use residential development spanning 10 hectares, 100% electric, nZEB and Green Homes pre-certified, located in the immediate vicinity of Lake Șaulei with direct access to the A3 motorway.
• The project has a total investment value of approximately EUR 200 million, coming from bank loans and own sources.
• HILS Nord will comprise 2,705 apartments, along with 35,000 sq m of generous green areas, retail spaces and community-focused amenities.
• Phase 1 includes 1,200 apartments, 1,440 parking spaces and over 11,000 square meters of landscaped green spaces.
• Estimated completion deadlines are 2028 for Phase 1 and 2032 for the full project.
• Through HILS Nord, the company is expanding its activity to the northern part of the Bucharest, continuing its strategic direction of diversifying its portfolio through middle-premium developments that are sustainable and adapted to new urban living standards.

HILS Development, leader in the residential and mixed-use developments in Bucharest, announces the launch of the HILS Nord project, the seventh residential project in the company’s portfolio. The new project marks HILS Development’s expansion from the east of the Bucharest to the north and continues the strategic direction of diversifying the portfolio through middle premium developments. Developed on an area of 10 hectares, with direct access to the A3 motorway, the entire HILS Nord project will include 2,705 apartments, green areas, underground and above-ground parking lots, commercial spaces, a spa center with a fitness room and a park with a direct view of Lake Șaulei. According to current plans, Phase 1 will be completed in 2028, and the entire HILS Nord complex by 2032.

“We have two decades of residential development in Bucharest, with more than 12,000 homes delivered, a journey that started in the north, continued in the southern area, in the 4th district and Popești – Leordeni, and then expanded to the east. Today, we are naturally returning to the north through HILS Nord, right next to the first residential project we launched 20 years ago. It is a mature step in a solid journey, throughout which we have constantly adapted to the needs of the city and its people. HILS Nord marks the continuation of a growth and consolidation story, with well-designed, sustainable homes that are truly connected to the real dynamics of Bucharest,” says Ionuț Negoiță, CEO & Founder HILS Development.

HILS Nord, modern homes, responsibly built for the future

HILS Nord is a mixed-use project designed to offer a modern and connected lifestyle, in harmony with the principles of sustainability and respect for nature. Currently, Phase 1 of the project is under construction, covering 3.5 hectares and including 4 buildings with 1,200 apartments available for sale. Over 11,000 square meters of this phase are dedicated to green areas, children’s playgrounds, and community leisure spaces. Phase 1 will feature 1,440 parking spaces both above and below ground, as well as electric vehicle charging stations, promoting a modern and sustainable lifestyle. The development will benefit from pedestrian access to Lake Șaulei, while within the HILS Nord community, Phase 1 will include a park of approximately 5,000 square
meters, featuring an open-air amphitheater, walking paths and viewpoints overlooking the Lake Șaulei. HILS Nord is a 100% electric, nZEB, Green Homes pre-certified concept. The project, with a total investment value of EUR 200 million, includes photovoltaic panels to reduce energy consumption in common areas, air-to-water heat pumps, underfloor heating, generous glazed surfaces, and ventilated facades. The architecture features terraced building heights of 2, 4, 5, 6 and 11 floors, ensuring a harmonious transition toward the surrounding natural environment. In the next development stages, the project will also include retail areas, completing the experience of a modern and balanced lifestyle.

HAGAG EUROPE DEVELOPMENT diversifies its operations in Romania and enters the Energy sector, on the natural gas distribution and supply segment
HAGAG EUROPE DEVELOPMENT diversifies its operations in Romania and enters the Energy sector, on the natural gas distribution and supply segment 763 600 BUCHAREST REAL ESTATE CLUB

The company has opened a new local division – Hagag Energy – and plans to invest over €400 million on the energy market, while creating at least 200 new jobs in the upcoming years.

HAGAG Europe Development (TASE:HGGE) diversifies its operations in Romania and enters the energy sector through the acquisition of BTD Distribuție și Furnizare, a Romanian company specializing in infrastructure development, distribution, and supply of natural gas.

The acquisition marks Hagag’s entry in the structure of the existing company, taking over, in full, all current operations, including employees, systems, activities derived from successful tenders, as well as the rights and obligations resulting therefrom.

Moreover, the investor has opened a new local division to operate under the sub-brand Hagag Energy, and plans to invest over 400 million euros on the energy market, for the further expansion of its presence in the sector, over the upcoming years.

This new strategic division strengthens Hagag Europe Development’s local presence, complementing its already well-established activity in the real estate development sector, where the company is recognized as one of the most prominent in the industry.

“Over the past eight years, our real estate developments have redefined Bucharest’s urban landscape. Today, we are expanding our vision beyond buildings, taking a first step towards the evolution of the group here in Romania. We continue to be a trusted real estate developer, while also striving to establish ourselves as a strategic player in the energy sector, all guided by the core values that define us — long-term vision, innovation, reliability, quality, and the unwavering commitment to deliver positive social and economic impact. The distribution and supply of natural gas is, for us, just the starting line, as our global vision is to expand our company’s presence across more than one segment of the energy industry, in line with our approach in the real estate sector.”, said Yitzhak Hagag, Cofounder and Chairman of the Board of Directors of Hagag Europe Development.

Hagag Europe Development enters the local energy market in a privileged position, with a volume of 67 contracts covering the concession of the public natural gas distribution service, namely design, execution, and operation of natural gas distribution networks.

With three natural gas distribution networks completed and currently in operation, 21 in design phase, 23 under development, and 20 now in permitting, the company expects to commission a total of 64 new networks over the next 24 months.

“Romania remains the heart of our activity in Europe, and our goal is to grow here, together with the local market. At the same time, we see Romania as one of the main players in the natural gas field, with the national production covering between 70% and 80% of domestic consumption. Therefore, in the context of the energy sector’s evolution—encouraged equally by, but not limited to, the accelerated public investments in gas infrastructure and the Neptune Deep project —the decision to diversify our activity in this field comes at a time of progress not only for the industry but also for us as an organization.”, Yitzhak Hagag added.

By the end of 2027, the Energy division alone is set to create at least 200 new jobs. Furthermore, Hagag estimates an increase of at least 35% in the number of active customers generated by its natural gas distribution and supply activities.

50+20: Hercesa’s double anniversary in 2025
50+20: Hercesa’s double anniversary in 2025 800 600 BUCHAREST REAL ESTATE CLUB

On Thursday evening, October 16, 2025, Hercesa celebrated in Bucharest, alongside 350 guests, two major milestones in its history: the 50th anniversary of the Hercesa Group and two decades of development on the Romanian market.

People always at the center. This has been the guiding belief of Hercesa Inmobiliaria since its foundation in 1975 by Juan José Cercadillo Garcia, President of the Group. It was also the key message that emerged from the first part of the anniversary event, highlighted through speeches by the company’s founder; His Excellency José Antonio Hernández Pérez-Solórzano, Ambassador of Spain to Romania and the Republic of Moldova; Alejandro Solano, General Director of Hercesa Internacional; Romeo Ghica, Operations Manager of Hercesa Romania and Mirela Cojocaru, General Manager of Hotel Cișmigiu.

“This event not only commemorates years of effort, innovation, and entrepreneurial commitment, but also symbolizes the strong economic ties that unite Spain and Romania”, said H.E. José Antonio Hernández Pérez-Solórzano. “Spanish companies have invested in this country not only because of its economic potential but also due to the quality of its human capital, its strategic position in Europe and the deep connection with Spain.”

Spanish investments in Romania exceeded two billion euros until 2024. Among the 1,000 Spanish companies active in the country is Hercesa Romania, which celebrated its 20th anniversary last year, marking its first acquisition in 2004, the historic Hotel Cișmigiu.

“It’s only natural to look back and think about everything we’ve achieved since February 2004, when Juan José Cercadillo and my father, Javier Solano, made their first visit to Bucharest. During that trip, they knew they would return”, shared Alejandro Solano, General Director of Hercesa Internacional. “Shortly after, we acquired Hotel Cișmigiu. Many milestones followed: the groundbreaking of the Vivenda Residencias project in 2007, the delivery of the first homes in 2009, the real estate crisis, the reopening of  Hotel Cișmigiu in 2012, the launch of Stellaris Residencias in 2021, and Vivenda Prime in 2025. And we continue: we have land to develop over 3,000 new homes in Bucharest and remain firmly committed to this country, its people and its development.”

HERCESA IN NUMBERS

  • 50 million square meters of land under management
  • 30,000 homes delivered
  • 1,200 homes in Romania
  • 500 professionals within the group

Sema Real Estate officially enters the residential market with Sema Home
Sema Real Estate officially enters the residential market with Sema Home 800 448 BUCHAREST REAL ESTATE CLUB

Sema Real Estate, one of the largest Romanian-capital real estate developers in the country, announces the launch of the pre-sales process for the residential units in the first phase of the Sema Home project.

Located in the central-western area of Bucharest, Sema Home is the company’s first residential development and an integral part of Sema Parc, the most extensive urban regeneration project currently underway in the Capital.

The investment planned for this first development phase amounts to nearly €55 million and includes over 300 modern, energy-efficient apartments, designed to support a sustainable and balanced urban lifestyle.

“With the launch of Sema Home, we are opening a new chapter in the evolution of the Sema Parc development while officially entering the residential market with an integrated concept tailored to the real needs of today’s urban communities. Sema Home strikes a balance between premium standards and accessibility, setting a new benchmark for urban living in Bucharest, where quality, sustainability, and connectivity are key priorities,”
said Lucian Grosaru, CEO of Sema Real Estate.

Drawing inspiration from the “15-minute city” concept, already adopted in several European capitals and major cities, Sema Home ensures immediate access to all essential amenities: shops, offices, medical clinics, restaurants, schools, green spaces, and leisure options, all within walking distance or close to public transportation.

Petrache Poenaru metro station is just minutes away, and the project benefits from direct connections to major city arteries, offering a significant urban mobility advantage.

The first phase of the development includes a five-staircase residential building comprising 301 apartments, each designed with up to 20% more space than the market average. Every bedroom will feature an en-suite bathroom, a rare element in the standard residential segment.

The apartments will be equipped with underfloor heating, LG multisplit air conditioning systems, and Smart Home technologies for intelligent control over comfort, energy efficiency, and safety. Beyond its modern amenities, the project integrates international sustainability benchmarks, holding a BREEAM Excellent certification from the design phase. All buildings are constructed as NZEB (Nearly Zero Energy Buildings), in line with EU directives on energy efficiency and the use of renewable sources.

With a future-oriented approach, Sema Home introduces to the Romanian real estate market a European model of residential development, combining smart investment, true sustainability, and integrated urban comfort in a neighborhood that is already shaping its identity through cohesion, infrastructure, and long-term vision.

Sema Home is being developed on the site of the former Semănătoarea industrial platform, a space that has been transformed into a modern urban hub with mixed-use functions. The project is part of a masterplan covering over 41 hectares, which is redefining this area of the city and positioning it as one of the most attractive zones for living and investment in Bucharest.

Start Typing