Smart Real Estate

Smart Real Estate

BUSINESS REPORT IN ROMANIA – Q4 2021: Economy under full speed towards the year-end

BUSINESS REPORT IN ROMANIA – Q4 2021: Economy under full speed towards the year-end 890 683 BUCHAREST REAL ESTATE CLUB

Legislative predictability and measures to mitigate the side effects of the Covid-19 pandemic are highly needed by the business environment

  • Germany remains Romania’s main trading partner: EUR 16.4 billion (+ 20.5%) is the trade volume between the 2 countries in the first 6 months of the year. The figure could exceed the level registered in 2019 (approx. EUR 32 billion), according to AHK – the Romanian-German Chamber of Commerce and Industry.
  • Green energy and the identification of new energy technologies will be the main trends in the field in the coming years, in the context in which energy, the main cost associated with essential products for daily living, is becoming more and more expensive, according to CRE – Romanian Energy Center.
  • In the real estate sector, the investments continue. Major players are adapting to the new realities, with a focus on sustainability and digitalization, according to BREC – BUCHAREST REAL ESTATE CLUB, the organization that gathers the largest real estate investors, with portfolios of over EUR 6 billion.
  • Technology and the contribution of IT&C players continue to accelerate the local economy. Romania must continue its digitalization efforts, so that the domestic IT industry will reach a share of 10% of the Gross Domestic Product, compared to 5.7%, the level reported in 2019, according to ANIS.
  • Logistics and transport keep on developing. The lack of manpower (including at senior management levels), specialized education, delayed obtaining of permits where they are needed and the slow pace of infrastructure investments are putting pressure on this sector, according to ARILOG.
  • The Romanian Association for Smart City prioritizes Romania’s “smart community” strategy, based on feedback on the needs of local communities.
  • HoReCa: the staffing crisis has now reached the highest level in the hospitality industry. The Employers’ Organization of Hotels and Restaurants in Romania – HORA Romania – supports projects to debureaucratize the processes of authorization of public catering units and tips regulation, essential measures to reduce the staff deficit in HoReCa and to encourage healthy development and attract investments.
  • Measures are needed to accelerate the vaccination campaign, given that Romania has only reached a threshold of 31%, while Western countries have exceeded 80% and lifted restrictions. Investors point out that, although businesses active in Romania reported good results during the pandemic, factors such as inflation, rising raw material or energy costs could have a major impact on the business, along with possible new restrictions due to the pandemic. Eurofin data, one of the largest companies in the field of health and safety at work, shows that 7 out of 10 Romanian employees suffer from anxiety, a side effect of the pandemic that puts more pressure on the economy and society.

Investments continue in most of the economic sectors and the transformation and permanent adaptation to new realities remain key business priorities in the 4th quarter of 2021, concluded the participants at ROMANIA Business Forum. NEW ECONOMY AGENDA. The event was co-organized by 8 business associations, which represent some of the largest contributors to Romania’s GDP: AHK Romania – The German-Romanian Chamber of Commerce and Industry, ANIS – Employer’s Association of the Software and Services Industry, Romanian Association for Smart CityARILOG – Romanian Logistics Association, CRE – Romanian Energy Center, HORA – Employers’ Organization of Hotels and Restaurants in Romania, Hellenic-Romanian Chamber of Commerce and BUCHAREST REAL ESTATE CLUB.

The main figures and business realities in Q4 of 2021:


  • Germany remains Romania’s largest trading partner, with trade volume amounting to EUR 30.9 billion in 2020. The volume of trade in the first 6 months of 2021 between the two countries was EUR 16.4 billion (+20, 5%). “By the end of 2021, we expect the figures to grow even above 2019 (about EUR 32 billion),” AHK estimates.
  • Andreas Lier, President of AHK Romania, addressed the issue of sustainability, in the context of the European Green Deal, which aims to transform the European economy into a neutral one in terms of environmental impact by 2050. “The Green Agreement it includes a policy agenda that covers many areas, from carbon neutrality to the circular economy, smart mobility and more. We need a strong industrial policy and a regulatory framework for the EU Green Agreement to be a success“, says Andreas Lier, President of AHK Romania.
  • The pandemic continues to have a strong impact on companies, especially in terms of supply chains. 81% of companies surveyed in an AHK survey report price increases or supply difficulties. With over 550 member companies, AHK is the largest bilateral Chamber of Commerce in Romania and is the official representative of the German economy in Romania.


  • Fluctuations and evolutions in the energy field – such as higher gas or electricity prices – will put pressure on both companies in the economy, production units and the standard of living of the final consumer, the representatives of the Romanian Energy Center (CRE) highlight.
  • The taxation of CO2 emissions by the EU determines pressure on increasing the price of energy and at the same time encourages new investments in renewable technologies. This mechanism can become problematic for states where the profitability of the economy is marginal, as is the case in Romania. The solutions for our country can come from 2 main directions: endorsing support schemes in terms of energy efficiency for companies and industrial consumers and managing the decrease of energy poverty in conjunction with compensating vulnerable consumers.


  • Investments continue in the Real Estate sector,. The major players keep on adapting to the new trends and user requirements, by integrating technology, diversifying their portfolios and preparing for the post-pandemic stage, according to BUCHAREST REAL ESTATE CLUB.
  • IMMOFINANZ continues its current investments both on the office segment (modernization of the Bucharest Financial Plaza building and its transformation into an emblematic myhive building, with high quality spaces and construction certification level for sustainable development Gold, as well as starting the process of transformation of Victoria Park building also in a myhive property), as well as in the retail portfolio (a complex refurbishment process of the VIVO! Baia-Mare shopping center is underway, on a​ ​10.000 sqm an area, which will be completed in Q4 2021).
  • After completing the takeover of the Campus 6.2 and Campus 6.3 buildings in Skanska, the Austrian fund S IMMO is working on a new boutique office project – Dorobanti Office Building (5,000 sqm). Mixed-use projects, which include multiple functions and facilities are the big winners following the pandemic. AFI intends to develop a new project near AFI Cotroceni, with 3 functions: apartments for rent, offices and retail spaces and Vastint plans a new phase (offices & retail) of the mixed project from Timpuri Noi.

IT & C

  • Technology and the contribution of IT&C players will accelerate the local economy. This segment continued to grow both in terms of revenue and number of employees, despite the fiscal and political unpredictability that dominates the local landscape. In order for this sector to maintain the same growth rate, ANIS recommends continuing public and private investments and initiatives in strategic areas such as education and innovation, aimed to support the medium and long term development of the local software and services industry. By supporting the adoption of digitalization, the sector can reach a share of 10% of GDP, compared to 5.7%, according to the ANIS study launched in December 2019. ANIS is the only Romanian Employers’ Association of the Software Industry and Services. The more than 160 ANIS member companies represent approximately 66% of the total Romanian IT industry and employ approximately 42% of the IT workforce.
  • Regarding the impact of the pandemic on the employers and employees in IT&C, staff retention, employee satisfaction and productivity were the most affected by the “Work From Home” phenomenon, by 13%, 24% and 19% respectively, according to a survey conducted by ANIS among the IT&C companies.


  • The Romanian Association for Smart City prioritizes Romania’s “smart community” strategy, based on feedback on the needs of local communities.
  • “We are working on macro projects on digitalization and digital transformation, Smart City and Smart Village projects, but especially community development projects in relation to the opportunities offered by PNRR”, says Eduard Dumitrascu, President of the Romanian Association for Smart City.
  • In Romania there are a total of over 860 smart city initiatives. We also have relevant projects in smart villages – Sadu, Selimbar, Luncavita -, but also several other projects that develop these rural communities, located in the vicinity of large urban agglomerations, which understood the magnet role that the urban centers have and they came with solutions for increasing the quality of life or for developing the infrastructure. PNRR is an opportunity for Romania’s development, including at the level of rural communities, underlines the representative of the Romanian Association for Smart City, the Smart City industry organization with over 270 members and partners from local authorities, business, academia and civil society.


  • Logistics and transportation report steady business and growing profits. Transport and logistics companies achieved a EUR 2.88 billion turnover in 2020 (comparable to EUR 2.89 billion t/o in 2019), but with increasing profits – from EUR 142.7 million in 2019, to EUR 169.2 million in 2020, according to data published by Tranzit magazine.
  • However, several major challenges are putting pressure on the logistics sector at the moment: the lack of manpower – not only at the level of workers and specialists, but also at the higher levels of management; the lack of recognition of the sector in the national economy, hence the lack of education both at the academic level (there is no logistics faculty yet) and at the level of employers` mentality, who do not invest in staff training,” emphasizes ARILOG – Romanian Logistics Association, which brings together over 100 companies with field of activity in logistics, distribution and adjacent fields. The slow pace of public investment in infrastructure also puts pressure on this sector, major logistics players say.
  • The taxation of drivers’ daily allowance proposed by ANAF brings great challenges to carriers, many of them being at bankruptcy risk; on September 29, 2021, a large protest was organized in the Capital against these regulations as well as the crisis on the RCA market and the quarantine of professional drivers.


  • HORECA’s contribution to Romania’s GDP is about 5.07%, according to the HORA Employers’ Organization, which supports debureaucratization projects and tip regulation.
  • “The 3 main challenges of the industry are the lack of predictability in the context of the pandemic, the workforce shortage, as well as the very tense relationship between landlords and tenants,” said Razvan Crisan, HORA Vice President and Co-founder & CEO – Kane Group.


  • The Greek investments portfolio in Romania reached EUR 162 million in Q4 2021, according to the Hellenic-Romanian Chamber of Commerce. Romania ranks 5th as a foreign investment destination for Greece, and this is the 8th largest foreign investor in Romania, with a percentage of 3.8% of total foreign direct investment.
  • Greek investments continued, both in 2020 and in 2021. These were mainly concentrated in the medical sector but also in the retail / wholesale / tourism segments. Among the most recent Greek investments is ATENA MEDICAL CENTER – an investment of EUR 3 million. Also, in the first half of 2021, the Saracakis Group – a representative of agricultural equipment – started operating on the Romanian market and the international real estate management group Zeus acquired 3 hotel units in Bucharest.

All representatives of the economic sectors present at the event highlighted:

  • the need for legislative predictability
  • for dialogue with the business environment, beyond political agendas (before the adoption of legislative measures with impact on the economy)
  • accelerating the digitization processes and administrative transparency at the level of public authorities
  • increasing the administrative capacity and the business of attracting European funds
  • a consistent focus on education and the growth of new generations of specialists (in the conditions of an increasing pressure on the local labor force)
  • as well as the continuous need for sustainable taxation measures of the economy




Member News: Skanska & ROGCB collaborate on pilot project to develop the Net Zero Carbon Buildings certification

Member News: Skanska & ROGCB collaborate on pilot project to develop the Net Zero Carbon Buildings certification 800 600 BUCHAREST REAL ESTATE CLUB


Skanska, one of the largest office buildings developers in Europe and Romania Green Building Council organization are announcing their new partnership that aims to develop the Net Zero Carbon Buildings certification through a pilot project that will be implemented in Skanska’s project that will be developed in Bucureștii Noi. Skanska and ROGCB announce their partnership and intentions at the event organized underthe World Green Building Week umbrella, the largest campaign that supports the acceleration of sustainable constructions globally.

During the event organized under the World Green Building Week umbrella, on September 22, the largest worldwide campaign to support the acceleration of sustainable buildings globally, Skanska and ROGCB announced their collaboration on the pilot project that aims to develop the Net Zero Carbon Buildings certification.

Through this certification, the Romania Green Building Council encourages real estate developers to take measures that are meant to contribute to a significant reduction in carbon emissions. The certification aims to address a series of systematic strategies that provide solutions in combating climate change, improving the health and well-being of people, and moving towards a circular, regenerative economy.

„’Building for a better society’ is not just a slogan for us, but it translates into a series of real solutions systematically implemented by Skanska in its business activities over the years, which shapes the way we design, develop and build the projects we invest in. The Skanska business development division in the CEE can serve as an example of how sustainability becomes an integral part of our entire business and shows how, based on well-thought-out sustainability strategies, we can develop futureproof buildings that have a positive contribution to the future of the real estate, with more sustainable and more efficient office buildings. Through the project to be developed in Bucureștii Noi, we set out to take another step towards achieving Skanska’s goal of reducing carbon emissions by 70% by 2030 and the final reduction to net-zero carbon emissions by 2045. This is a pilot project that will function based on a methodology that aims to assess the criteria on which the Net Zero Carbon Buildings certification will be based on”, says Andrei Ivan, Projects Director within the Skanska business development division in the CEE.

The two partners are currently working on developing the concept of this next project based on research conducted by ROGBC on solutions to reduce CO2 emissions. The two partners aspire to finally obtain Net Zero Carbon Buildings certification through the strategies implemented in this project.

“Considering that the decarbonisation of the building sector is a vital step in achieving the environmental and climate objectives aimed for at European level, the Net Zero Carbon Buildings certification will catalyze Romania’s transition towards a carbon neutral built environment., mentions Elena Rastei, Certification Director at Romania Green Building Council.

“We are glad for this partnership with ROGBC and we see it not only as a chance for us to contribute to this change but also as an opportunity to raise awareness regarding the importance of everyone’s involvement in the transition to new business models based on sustainability, that will have a decisive role in combating the climate change. Thereby, through this partnership, we want to encourage the whole chain of partners, potential suppliers, designers, and even competitors to adjoin in this initiative, because only together can we meet the global challenge of changing the environment, the society, and the economy for the better, adds Andrei Ivan, Projects Director in the business development division of Skanska in the CEE.

Skanska is a pioneer in terms of providing sustainable workspaces in Central and Eastern Europe. Skanska’s concern for the environment and the efforts invested in developing futureproof buildings are also recognized by WELL and LEED certifications, highlighting once again Skanska’s contribution in promoting a business model that encourages sustainable strategies. The Campus 6.2 and 6.3 buildings are the first buildings in Romania to obtain the WELL pre-certification, at Silver level. The Equilibrium building is LEED Core & Shell certified at Platinum level and currently operates 100% based on energy from renewable sources.



40 new BREEAM certifications in the last year in Romania

A total of 40 real estate projects obtained the BREEAM certification in the period between January 2020 – April 2021, according to data provided by BRE Group (the UK organization that provides sustainability BREEAM certifications) to BUCHAREST REAL ESTATE CLUB (BREC). 16 of the newly certified projects are office buildings and business parks and 15 are logistic parks or retailers` logistics centers.   

The residential segments account for fewer BREEAM certifications in the analyzed period (5 residential projects, mostly outside of Bucharest). A single retail project obtained the BREEAM (Excellent) certification – IKEA Pallady Store and a single hotel obtained the BREEAM Excellent standard in this period (Radisson BLU hotel in Timisoara).

“Over the past three years we have seen tremendous growth for BREEAM in Romania; the ambition of real estate clients in Bucharest, in particular, has driven greater uptake and a desire for more credible sustainability performance for assets. This is a trend we expect to continue and congratulate organizations like BREC in their leadership and commitment to BREEAM,” states Dr. Shamir Ghumra, Head of Building Performance Services – BRE Group for BUCHAREST REAL ESTATE CLUB.

BREEAM provides several sustainability standard classes (Pass, Good, Very Good, Excellent, Outstanding) according to criteria such as energy efficiency, space health, reducing the carbon footprint in construction or demolition processes and protection of biodiversity, innovation, reducing the water consumption, sustainable recycling solutions, transport & alternative mobility.

Globalworth CampusThe Light One building (recently sold by River Development to Uniqa), a portfolio of buildings in the logistics developer CTP portfolio in Bucharest, Sibiu and Pitesti or Lidl and Emag logistics facilities are several of the significant investments that obtained the BREEAM certification in this period.

The recently introduced European NZEB (Net Zero Energy Building) standard requires all new constructions or buildings undergoing major rehabilitations to have a nearly zero energy consumption level.

Buildings under NZEB standard will have a high energy performance, with at least 30% of the total energy consumption necessary ensured through the building`s own renewable sources or at a distance of maximum 30 km from the building. 

BREEAM (Building Research Establishment Environmental Assessment Method) is a voluntary green building sustainability rating system established in the UK for assessing the environmental performance of buildings. BREEAM does this through third party certification of the assessment of an asset’s environmental, social and economic sustainability performance, using standards developed by BRE. This means BREEAM rated developments are more sustainable environments that enhance the well-being of the people who live and work in them, help protect natural resources and make for more attractive property investments.

In Romania, buildings are certified either under the BREEAM (UK) standard or the LEED (USA) standard  and more recently introduced WELL standard (focused on occupiers` health and wellbeing). 

”Considering the European NZEB standard, the active competition on the local real estate market and the need for differentiation, as well as the solid sustainability principles of large corporations (the main clients of the real estate industry), we expect developers to converge to a green future in terms of buildings` sustainability,” states Despina Ponomarenco, President of BUCHAREST REAL ESTATE CLUB.

In the pandemic context, the interest in buildings sustainability and health has been significantly growing. If several years ago the office buildings were the main beneficiaries of sustainability certifications, we can now see numerous logistics projects which have been already certified or are undergoing a certification phase, BREC representative ads.

MEMBER NEWS: ADP green building wins “The most sustainable building in CEE” Award

MEMBER NEWS: ADP green building wins “The most sustainable building in CEE” Award 1200 512 BUCHAREST REAL ESTATE CLUB

ADP green building won the “Regional Award – Central and Eastern Europe” for the PENNY Otopeni project at the BREEAM Awards 2021 competition, bringing to Romania the award for the most sustainable building in CEE.

“PENNY Otopeni is one of the most sustainable stores in the world, where all the recommendations of the BREEAM have been tested. It is a concept store, but also an experiment. We received full support from the REWE Romania team to implement all BREEAM requirements, to test solutions and technologies and to observe them over time. This way, anything that proves to bring benefits on medium or long term, will be implemented afterwards in all future stores and adapted in the already built ones.”, said Adrian Pop, architect and BREEAM specialist at ADP green building.

PENNY Otopeni, for which ADP green building provided BREEAM consulting and certification services, was designated the most sustainable project in Central and Eastern Europe on Thursday, March 25th, 2021 at the BREEAM Awards, an annual event that marks the most significant achievements in sustainable building design, development and management of the buildings.

Of the 196 BREEAM certified projects in Romania, over time only 7 buildings received the Outstanding level, this being the highest level of certification. PENNY Otopeni was the first in the world to obtain the Outstanding level using the latest version of the BREEAM New Construction standard, with a score of 95.24%. This rating is still the highest ever obtained on this version of the standard. In order to achieve it, ADP green building has ensured that the PENNY Otopeni store meets all the requirements of the BREEAM standard, since the beginning of the design phase.


SMART REAL ESTATE: Recruiting managers? George Butunoiu just launched

SMART REAL ESTATE: Recruiting managers? George Butunoiu just launched 450 411 BUCHAREST REAL ESTATE CLUB

One of the best – known head hunters in Romania recently launched,  the first recruitment site exclusively for management positions.

The tool combines online recruitment (recruitment site) and the classic executive search, which covers activities that can never be automatized (application analysis, evaluation and ranking of profiles, etc.)

Easier and cost-effective recruitment occupies an uncovered niche between Linkedin, the usual volume – based recruitment websites and the classic activity of executive search companies.

This new hybrid recruitment model for management positions combines the advantages of each method (online, recruitment announcements, direct search), leading to a 70% cost reductions for employers, but with similar results of classic executive search activities, thus allowing access to professional recruitment services for management positions to an incomparably larger number of companies, which until now could not afford their classic, quite expensive, services”, says George Butunoiu, CEO of

On recruitment announcements for management positions are posted, with salaries starting from 1,500 € net / month, plus other benefits. The job post announcements are free at this moment.

No resumes can be found on the site – only employers who place ads can see the resumes of candidates applying for their job.   At this moment, provides free promotion of the announcements, assistance in drafting the announcements and even free support in the analysis and evaluation of applications, upon request. Standards’s main objective is to introduce and impose on the Romanian market 3 standards related to recruitment for management positions: 

  • Managero CV format for management positions, very detailed and precise, structured exactly according to the requirements of employers in large companies and top search executive companies;
  • Managerial Classification System (SCM) of managerial profiles – a system of (self) evaluation and classification that can be widely used by any company and organization for the evaluation and classification of employees, far beyond the recruitment process;
  • The hybrid model of recruitment – advertising, very detailed and precise, which attracts incomparably more applicants, on the one hand, but it is also good to promote the image of the employer on the market in general. 


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.


New: Digital Exhibition with all Innovations from Schüco, Jansen & Warema

New: Digital Exhibition with all Innovations from Schüco, Jansen & Warema 740 530 BUCHAREST REAL ESTATE CLUB

If you are an architect, if you represent a joinery company, or you are simply thinking of a new house, you must visit i.NNOVATIONNOW, the online platform where you can get acquainted with all the innovations from SchücoJansen and Warema, presented within a digital exhibition, accessible at any time, throughout 2021.

The i.NNOVATIONNOW platform offers the possibility to experience, in an innovative and exciting way, product presentations, virtual themed tours and attend live webinars.

The Schüco products address 3 main topics:

·        HEALTH – healthy building – From natural ventilation with sound insulation and heat recovery to barrier-free thresholds for windows, doors and sliding doors.

·        SMART – intelligent building – Faster and more efficient manufacturing, textile facades and much more information on design, construction and smart operation.

·        SECURITY – safe building – Various solutions that meet the fundamental need for safety and protection against burglary and fire.

Jansen continues to develop the series of steel profiles in two main directions: DESIGN and SAFETY. Whether we are talking about new residential projects, the renovation of historical monuments, or constructions with special fire resistance requirements, steel profile systems provide viable, elegant and safe solutions.

Warema brings new SUN SHADING solutions to the architects and beneficiaries’ attention, for both indoor and outdoor as well as digital applications available for their operation and the integration of shading systems in SMART HOME solutions.

You can learn about these technologies and more here:

About Alukönigstahl Romania

Alukönigstahl is a successful company, active in Central and South-Eastern Europe, which is owned by the König family in the fourth generation. Teamwork and innovative product development have propelled Alukönigstahl into a market-leading position. For over 60 years there has been an alliance with two international systems manufacturers: Schüco, a world leader in aluminum systems and PVC experts, and Jansen, a specialist in steel profiles.

Alukönigstahl Romania was founded in 1995, with its headquarters and warehouse in Bucharest. Together with over 3.000 partners in the field of real estate investments, architecture and metal constructions, Alukönigstahl Romania has completed over 5.000 representative projects and constructions in the last 26 years, among which: Ana Tower, Globalworth Square, Coresi Business Resort, Sky Tower, Globalworth Tower, UBC Iasi, Cluj and Timisoara.

For more information, please visit the company’s website: and its FacebookLinkedIn and Instagram pages.

Facilio & Evogy Partner to Improve Efficiency for Real Estate Portfolios

Facilio & Evogy Partner to Improve Efficiency for Real Estate Portfolios 740 535 BUCHAREST REAL ESTATE CLUB
Facilio, a leading AI-driven property operations platform and Italy-based Evogy, a leading digital energy service provider specializing in the Energy-as-a-Service model, announced a strategic partnership to deliver IoT-led solutions and services to drive sustainability and improve operational efficiency for real estate portfolios.

Commenting on the partnership, Stefano Zanin of Evogy, CTO and Co-Founder, stressed the need for a proactive response to climate-change and adherence to sustainability, in real estate. “There are huge opportunities to realize cost savings through energy efficiency, with the power of technology like IoT & Cloud. Using Facilio’s cloud-based platform, we will enhance our digital energy services via a command and control center, to optimize asset performance at enterprise scale, and fulfill the needs of large portfolio customers,” Stefano added.

“The Facilio+Evogy combo unlocks great value for customers, through complementary solutions that enhance the portfolio performance in real-time”, CEO and Founder of Facilio, Prabhu Ramachandran said.  

As a result of this partnership, Facilio and Evogy will extend their offerings to deliver well-rounded, intelligence-led connected operations and sustainability services, for large commercial portfolios. The enhanced capabilities include:

  • Remote monitoring and control of multiple building assets, equipment, and systems (HVAC, fire safety, access control, etc.) through a “single-pane-of-glass” dashboard
  • Automated operational workflows, along with preventive, condition-based, and predictive maintenance
  • New occupant/tenant services through personalized comfort control apps; App-based tenant service requests and visitor management.
  • Automated, ML-driven algorithms for optimization of HVAC systems for energy efficiency
  • Dynamic optimization of energy assets using Evogy’s ‘Simon’ digital energy specialist, in response to variable load, weather forecasts, electricity tariffs, etc.

Facilio and Evogy’s synergetic operating model will enable clients to unlock the power of building data and make real-time performance changes; to optimize costs, energy usage, and productivity. End users and occupants will benefit from superior experiences and continuous responsive control.

“Facilio has a fast-growing presence in Southern Europe and Romania is a key market in our strategic expansion,” said Prabhu Ramachandran, CEO & Founder of Facilio in a recent Talk with BUCHAREST REAL ESTATE CLUB. Read more >>

About Evogy:

Evogy is a leading digital energy service provider specializing in the Energy-as-a-Service model of sustainability services. This includes consulting, project management, and full-stack consumption optimization services for industries, retail, large properties, and more. Thanks to Evogy’s IoT and AI-cloud-based platform called Simon, the “digital energy specialist”, Evogy provides a suite of apps for advanced energy management (monitoring, control, and optimization of performance equipment building systems), demand response, and energy communities. Learn more about Evogy at

About Facilio:

Facilio’s AI-driven property operations platform allows real estate owners to aggregate building data, optimize performance, and control portfolio operations – all from one place. Customers in the commercial office, healthcare & retail categories use Facilio across 40 million square feet to reduce operations costs, increase net asset value & derisk operational liability. Headquartered in New York City with offices in Padova, Dubai, Chennai & Singapore, Facilio is a global company backed by leading investors including Accel Partners and Tiger Global Management. Learn more about Facilio O&M platform:


Zara embraces innovation and opens tech pop-up store in London

Zara embraces innovation and opens tech pop-up store in London 1326 568 BUCHAREST REAL ESTATE CLUB

Future of retail fashion: Zara embraces innovation

and opens tech pop-up store in London

The accelerating pace of innovation is changing the real estate industry and the latest move of fashion retailer, Zara, is just the proof. At the end of January, Zara launched a tech-enabled pop-up store in London, designed for click and collect purchases ahead of a new permanent flagship space.

The pop-up store which occupies 200 sq. m in Westfield Stratford City offers a small edit of men’s and women’s clothing that shoppers can purchase online while there in person. This enables delivery same day if placed before 2pm, or the next day if placed in the afternoon. The clients can also access the full catalogue of the collections to choose from online.

Staff is available to assist with mobile devices and an easy payment system operated by Bluetooth is also aiming to facilitate a new experience. Mirrors in the pop-up store have embedded information screens to offer product recommendations – by scanning an item the system suggests other garments and accessories to coordinate and style with the one the client is trying, all by his or her size.

The pop-up will be open until May while the retailer’s flagship in the same location is refurbished.

The new space will occupy alsmot 4,500 sq. m and will have a similat focus on tehchology & innovation.

In the picture – the future Zara flagship store in Westfield Stratford City.

JLL: “Workplace transformation is a game changer”

JLL: “Workplace transformation is a game changer” 1920 864 BUCHAREST REAL ESTATE CLUB

JLL: “Workplace transformation is a game changer”

Unprecedented disruption has created a new world of work driven by technology and an increasingly liquid workforce, JLL report “The future of work” states. The real estate consultancy company thinks that the future will belong to those who can embrace uncertainty, turn disruption into opportunity, and act to transform.

The ideal workspace, as JLL visions it, is articulated around five dimensions driving fundamental changes for corporate organizations:

  • Digital Drive Harness digitization and rich data to enhance people and enterprise performance.
  • Continuous Innovation Combine new thinking, solutions and processes to drive value creation and accelerate transformation.
  • Operational Excellence Optimize enterprise resources and service delivery to increase productivity, mitigate risks and ensure high performance.
  • Financial Performance Manage spending to enable growth and enhance ROI.
  • Human Experience Enhance user experience through engagement, empowerment and fulfillment.

“Today, as a result of unprecedented disruption, real estate is a strategic lever for transformation.
It enables organizations to leverage uncertainty, to prioritize investments, drive return on investment (ROI) and achieve broader business agendas”, Marie Puybaraud, Global Head of Research, JLL Corporate Solutions


1. Adopting a flexible working model to meet the needs of an evolving workforce through activity-based working.
2. Understanding the impact of a liquid workforce on the business model.
3. Redesigning workplaces to enhance human experience through engagement, empowerment and fulfillment.
4. Creating new metrics that matter to demonstrate increased performance through people and place.
5. Designing the working environment with a strong appeal towards environmental and social achievements.

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