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Transactions totaling 300 million euros have been closed in H1 2021, backed by the increasing office appetite of the Austrian investors

The total value of transactions with commercial real estate assets in Romania reached 298 million euros in the first half of 2021, a 23% decrease compared to the same period of last year, the market being supported primarily by the return of the Austrian investors’ appetite for office buildings, according to the Romania Investment Marketbeat, launched by the Cushman & Wakefield Echinox real estate consulting company.

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Deutsche Bahn Cargo Romania to relocate its offices at One Cotroceni Park

Deutsche Bahn Cargo Romania, the Romanian subsidiary of the largest railway carrier in Europe, will move its headquarters in the office building part of the innovative One Cotroceni Park project, developed by One United Properties on the site of the former Ventilatorul platform.

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Hotspot Workhub - a premium space for event organizers

The newest and most modern flex office space in Bucharest, Hotspot Workhub, the only location of this type that is under the certification of BREEAM Excellent and WELL Health & Safety in Romania, opens its doors to event organizers looking for a premium location.

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SSG - top security and safety provider for real estate owners

An interview with Bogdan Dumitrache, Executive Director SSG

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The office rental market in Bucharest is recovering

The office market is showing signs of recovery, recovering in the first half of 2021 half of the fall due to the pandemic, according to an analysis conducted by the company ESOP Consulting, based on data from the forum of large real estate agencies.

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Romania ranks 3rd among CEE countries with over 300 sustainably-certified properties between 2010-2020

Over 300 buildings and real estate properties were certified as ‘green buildings’ between 2010-2020 in Romania, a period that marked the first decade of sustainable development. Romania ranks 3rd among CEE countries, after Poland (1232 certificates) and Czech Republic (422). The next positions are occupied by Hungary (232) and Slovakia (124). The accelerated growth is deemed to continue, as green building becomes a strategic tool in reaching EU Green Deal targets – according to the BuildGreen 2020-2020 Sustainable Development Report.

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After a year of uncertainty, optimism returns to the real estate market in Central Europe

The real estate market professionals in Central Europe returned to the level of optimism registered before the pandemic. Almost 40% of them expect an improvement in the general economic climate this year, 46% have positive expectations regarding real estate activity, and 48% rely on increasing the volume of transactions, according to the Deloitte Real Estate Confidence Survey for Central Europe 2021, conducted in the first quarter of this year in four countries in the region – Romania, Poland, the Czech Republic and Hungary. At the same time, 58% of the respondents expect the availability of investment products to increase in countries where they operate.

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One United Properties successfully completes the largest IPO in the last 4 years in Romania

One United Properties S.A., one of the leading green developers of residential, mixed-use and office real estate in Bucharest, Romania, has successfully completed the Initial Public Offering (IPO) for sale of shares as the largest issue in the last four years on the Bucharest Stock Exchange.

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