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Global Vision Announces Development of AI-Powered ESG Platform

Global Vision, a leader in the Central and Eastern European real estate and energy sectors, proudly announces the development of its new AI-powered ESG platform. The platform, designed to enhance sustainability, operational efficiency, and responsible governance across its real estate and energy portfolio, was officially announced at a major business event in New York which highlighted emerging technologies shaping the future of real estate development.

Record of modern office spaces rented in Cluj

In the first nine months of 2024, the transacted office space in Cluj-Napoca increased by 153% compared to the entire rented space in 2023. By the end of the year, it is estimated that the total volume of rentals will be three times higher compared to the previous year, according to an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

One United Properties shareholders approve bi-annual dividend payment, share price consolidation at 50:1 ratio

The shareholders of One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, approved several key resolutions during the General Meeting of Shareholders held on October 10th, 2024. These include approving the audited financial statements for the first six months of 2024, the payment of the first tranche of the 2024 dividend, the consolidation of the company’s shares, a new share buyback program, and the ratification of various credit facilities for ongoing developments. The quorum in both of the meeting was over 79%.

SMARTBILL chooses RIVER PLAZA for its offices in Bucharest

One increasingly sought-after category of offices in recent years is that of “green” buildings, Class A, which are ecologically sustainable. River Plaza, a green building certified Breeam In Use at the Very Good level, serves as a benchmark for companies wishing to operate in a central area, in premium quality workspaces.

What matters most when renting office space in 2024, in Romania and the European Union

In a survey by Fortim Trusted Advisors in Romania, 75% of respondents said the most important factors for tenants choosing office space were shops/services, restaurants/cafes and public transport.

Alfa Group bought the largest part of the IRIDE Park office project, located in the North of Bucharest, from CPI Property Group

Deloitte Romania assisted the Romanian entrepreneurial group Alfa Group in the acquisition of the largest part of the IRIDE Park project, located in the North of the Capital, along with two other properties in the proximity, from CPI Property Group, the Czech group that owns real estate projects in several countries in Central and Eastern Europe. The transaction was signed in October 2024.

Office market: About half of leases signed in Bucharest during first half of this year were renewals

Leasing activity in the Bucharest office market in the first half of 2024 saw new demand rise by 7% year-on-year, reaching 64,000 square meters, while total demand slightly decreased to 160,000 square meters, according to Colliers’ report on real estate market developments for the first half of the year.

Colliers' Construction division appointed Project Manager by Infineon Technologies for its new headquarters

German giant Infineon Technologies, a global semiconductor leader in power systems and IoT, has appointed Colliers as the project manager for its new Romanian headquarters, which will be built in the Dimitrie Pompeiu area of Bucharest by the leading real estate investor and developer One United Properties.
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