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.
