IN THE SPOTLIGHT

Latest construction innovations discussed at BIMTECH, between 27-28 October 1200 599 BUCHAREST REAL ESTATE CLUB

Latest construction innovations discussed at BIMTECH, between 27-28 October

This autumn, BIMTECH will host the most important annual BIM Conference, BIMcon SUMMIT 2022.  For the 4th year in a row, the organizers are bringing experts which are up to date with the latest developments and…

Despite numerous challenges, developers are willing to meet the market’s requests for new housing developments 901 600 BUCHAREST REAL ESTATE CLUB

Despite numerous challenges, developers are willing to meet the market’s requests for new housing developments

Over 150 real estate managers, investors and entrepreneurs gathered last week at Novotel to discuss the main challenges and opportunities at BREC RESIDENTIAL CONFERENCE: The Future of Quality Living. The economic impact of blocking the…

10.4 billion euros, the loss of the added value in the economy, estimated for 2022-2026, because of the permitting blockage in Bucharest 901 600 BUCHAREST REAL ESTATE CLUB

10.4 billion euros, the loss of the added value in the economy, estimated for 2022-2026, because of the permitting blockage in Bucharest

Bucharest’s contribution to the total national GDP decreased by 2.4 percentage points from 2019 to 2021, the estimated losses for tax revenues being 17.2 billion lei (3.45 billion euros) until 2026. Those are the main…

The WIPRO office fit-out in Globalworth Square finalised 600 600 BUCHAREST REAL ESTATE CLUB

The WIPRO office fit-out in Globalworth Square finalised

Globalworth has completed in September 2022 the fit-out project for its tenant, WIPRO, after several months of work. Globalworth Square is now the most technologically advanced building in the landlord’s portfolio. This office building obtained the BREEAM…

Skanska to offer flex office spaces in partnership with DBH Group 783 600 BUCHAREST REAL ESTATE CLUB

Skanska to offer flex office spaces in partnership with DBH Group

Skanska leased at the beginning of September 2022 a total 5,100 sqm office spaces to DBH Group, to serve as flex office space. The long-term partnership includes 1,800 sqm in the Equilibrium 1 building in…

IMPACT – new capital increase in support of 1.3 billion EUR development projects 800 600 BUCHAREST REAL ESTATE CLUB

IMPACT – new capital increase in support of 1.3 billion EUR development projects

IMPACT Developer & Contractor issued a maximum of 125,000,000 shares in August 2022. The raised capital will support the company’s development strategy, which includes current projects with a gross development value of 1.3 billion EUR. …

Element Industrial and TESLA Group join forces to produce green energy 864 600 BUCHAREST REAL ESTATE CLUB

Element Industrial and TESLA Group join forces to produce green energy

Romanian industrial and logistic developer, Element Industrial, and Slovakian sustainable energy solutions provider, TESLA Group, have signed at the end of August 2022 a long-term partnership in which TESLA will produce and operate photovoltaic energy…

Fortim recruits Ștefan Oană as Head of Capital Markets 697 600 BUCHAREST REAL ESTATE CLUB

Fortim recruits Ștefan Oană as Head of Capital Markets

Fortim Trusted Advisors, an alliance member of the BNP Paribas Real Estate, recruits Ștefan Oană, former Country Manager of Bluehouse, as Head of Capital Markets.  Ștefan Oană, the new Head of Capital Markets, has a…

Iulius inaugurates first proximity retail project, following 12 million Euro investment 1067 600 BUCHAREST REAL ESTATE CLUB

Iulius inaugurates first proximity retail project, following 12 million Euro investment

Iulius Group inaugurated Family Market Miroslava, its first local retail project, launched in response to the needs of expanding communities in the metropolitan area of Iasi. Family Market was realized in partnership with Miroslava City…

Globalworth brings Untold experience in its buildings 900 600 BUCHAREST REAL ESTATE CLUB

Globalworth brings Untold experience in its buildings

UNTOLD, one of the largest music festivals in the world, and Globalworth, the CEE office market leader, signed a long-term strategic partnership. One of the partnership’s components concerns the motivation and well-being of all the…

THETA inaugurated the new custom-made furniture production factory, an investment of EUR 4 million 863 600 BUCHAREST REAL ESTATE CLUB

THETA inaugurated the new custom-made furniture production factory, an investment of EUR 4 million

THETA Furniture & More, one of the most significant Romanian integrators of interior design solutions, officially opened the doors of the new custom-made furniture production factory, in Păulești, Prahova County. The investment in the production…

Directimo: Inflation & permitting issue put pressure on Bucharest residential prices 900 600 BUCHAREST REAL ESTATE CLUB

Directimo: Inflation & permitting issue put pressure on Bucharest residential prices

Rising costs for construction materials over the past year, massive delays in project implementation due to Covid-19 restrictions and the Russian-Ukrainian conflict, galloping inflation and permitting freeze represent some of the main elements conducting to…