CBRE Romania has purchased the franchise for a job fair that will be launched for the first time in Bucharest under the “night of companies” concept.
Romanian developer One United Properties has announced that construction has kicked off at Mondrian Hotel in Bucharest, with completion expected in 2026.
Monia Dobrescu, Partner at Mușat & Asociații, spoke to Property Forum about the growing role of ESG criteria in bank financing of real estate projects and the prospects for investment in the local market in 2024.
Romanian developer Eden Capital aims to deliver by H2 2026 a new high-end residential complex in northern Bucharest with an estimated value of €130 million.
Industrial developer VGP is expanding a building in VGP Park Brașov by 13,813 sqm, with 20% of the new space already leased.
The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report.
InteRo Property Development, owned by the Canadian Topolinski investors family, has kicked off the construction of a new mixed-use project in Bucharest with a valuation of €1 billion.
The office leasing volume closed in H1 2024 grew by 0.2% compared to the same period of last year, with Bucharest seeing the biggest activity, followed by Cluj-Napoca and Timișoara, according to a report by Fortim Trusted Advisors.
The community facility CTP Clubhaus in Romania has been classified as the most sustainable non-residential building in the world.
One United Properties for 2023 showcases significant progress across environmental, social, and governance fronts.
Real estate developer Speedwell launches its 2023 Sustainability Report.
Banca Transilvania financed the company STC Partners with €10 million for the expansion of the Quartier Azuga residential complex in Bucharest's Tei area by more than 100 homes.
Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
The Commission will scrutinize whether certain economic entities gained an unfair advantage in securing public contracts within the EU.
Environmental, social, and governance (ESG) principles are no longer mere trends or buzzwords; they are rapidly becoming the norm in the Romanian real estate market, according to a Colliers report.
VDPResearch and Drees & Sommer introduced a set of criteria that real estate properties need to fulfill to be considered part of the top 15% EU Taxonomy.
EBRD backed energy efficiency initiatives in residential areas of Vilnius, Lithuania, by investing in Šiaulių Bank's energy efficiency fund.
As global decarbonization influences ESG priorities, sustainable development strategies undergo significant shifts worldwide in 2024.
EBRD is providing a €7 million loan to UniCredit Bank dd Mostar in Bosnia and Herzegovina through the multi-donor Green Economy Financing Facility (GEFF) for the Western Balkans.
All new buildings should be zero-emission as of 2030; new buildings occupied or owned by public authorities should be zero-emission as of 2028.
Three organizations have announced an international alliance to unlock the sustainable finance needed for the built environment to play its role in meeting global climate goals.
UBM Development Czechia announced a significant milestone in sustainable construction in the Czech Republic, allowing the construction of wooden buildings up to 22.5 meters.
Skanska introduced its ESG+ office package, responding to evolving market dynamics and EU regulations.
The Galați County Council has approved a thermal rehabilitation and energy modernization project of the facilities related to the Galati County Hospital.
Achieving climate neutrality will unlock significant opportunities for development, economic growth, and technological innovation.
PPD Global, a leading distributor of premium beverages in Romania, has invested €500,000 to equip its Bucharest logistics center with modern photovoltaic panels, totaling 405 kWp of installed power.
ENGIE Romania has expanded its renewable energy portfolio by completing its first hybrid plant, combining wind and solar power, with a total installed capacity of 57 MW.
Restart Energy has completed the construction and installation of a photovoltaic project for the company Mobilaiud worth more than €850,000.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.
