Business Review’s Most Impressive Real Estate Projects to Watch supplement is now available in digital format, featuring the profiles of the top 14 premium real estate developments in Romania and the people behind them. To download the magazine in digital format fill out this form and you will receive your PDF copy.
Editorial: Top property players lead the pack with high-end green buildings and community hubs
By Ovidiu Posirca, Coordinating Editor
Welcome to the first edition of Most Impressive Real Estate Projects to Watch, a new editorial project by Business Review that focuses on the property developments that are shaping cities and communities. Romania is seeing a growing number of commercial and residential projects with impressive design concepts and strong sustainability credits that are a match for international developments on mature markets.
For projects developed by both local and international developers, key elements such as responsible resource use, generous facilities for residents and tenants, as well as ample green spaces are common traits. Furthermore, these projects are embedded in the natural fabric of cities and are turning urban areas into new hubs for working, living, and shopping. Offices have a strong presence in this edition, and we’ll discover some of the new investments being made by landlords to boost office attendance while accommodating hybrid work arrangements. For retail projects, enhancing shopping experiences by attracting new international brands and further developing leisure facilities is paramount. In the residential sphere, building green and adding more facilities nearby is a must for projects in the medium and high-end segments.Mixed-use projects that are integrating the 15-minute city concept continue to drive investments in Bucharest and regional markets.
While Bucharest is waiting for a new General Urban Plan (PUG) that should shape real estate developments over the next decade, we should acknowledge the fact that there are numerous projects in operation that improve living standards and work conditions. Of course, such projects command higher rents and bigger purchase prices. Similar developments have also shaped smaller cities in Romania and have attracted new companies in search of talent. The projects selected in the first Most Impressive Real Estate Projects to Watch have the capacity to compete directly with developments in other CEE-based cities, once again proving that Romania is a strong player in terms of new regional real estate investments.
The Most Impressive Real Estate Projects to Watch Contents
CPI Romania
Fulga Dinu, CPI Romania: We seek further ESG optimisation to align with the group’s strategy
CPI Romania spearheading innovation through its EUR 580 million office portfolio
Vastint Romania
Business Garden Bucharest: Where work meets life
InteRo Property Development
SkyLight Residence: the billion-euro project rejuvenating a historic area of Bucharest
Hagag Development Europe
H Stirbei Palace: the premier luxury shopping destination in Bucharest
NEPI Rockcastle
Marius Barbu, NEPI Rockcastle: Our development pipeline amounts to EUR 817 million
One United Properties
One Technology District prioritises sustainability, connectivity, and proximity
CPI Romania
CPI Romania offering personalised experiences to shoppers across Romania
Veranda Mall
Veranda Mall committed to growing with the community and expanding green practices
Fashion House
Fashion House delivers complete shopping experience in its outlet centres
Iulius
RIVUS Cluj-Napoca: EUR 500 million for the largest urban reconversion project in Romania
Globalworth
Globalworth Square: Setting new standards for sustainable and employee-focused workplaces
Speedwell
Queens District: the EUR 125 million project championing the 15-minute city
Bellemonde
Bellemonde: a residential complex where the extraordinary becomes home
Novum Invest
Novum 56 to expand thriving residential community with Phase III roll out
Investments Analysis
Romania gains competitive edge in CEE race for property investments
