Schneider Electric, the leader in the digital transformation of energy management and automation, has created a new Building Decarbonization Calculator, an innovative online tool that empowers building owners and operators to quickly test and explore a range of Energy and Carbon Conservation Measures (ECCMs), easily identifying their best options based on simulated data. As pressure mounts to meet decarbonization targets, […]

MetaWealth, the most important fractional real estate investment platform, expands in Spain and launches the fourth asset in the portfolio. In less than a year after the release, the company successfully completed the sale of the first three assets in Bucharest. The new real estate asset made available to clients through the app consists of a selection of seven premium […]

CBRE, the global and national leader in commercial real estate services and investments, reveals that despite many challenges faced by the retail market the industry shows a great evolution. Sales and traffic figures registered in the first half of 2023 are higher than the similar period of 2019, considered the best year for retail in Romania, according to the Turnover […]

MetaWealth, the leading fractional real estate investment platform, launched a $100,000 giveaway for its investors who buy a piece of the Cosmopolis and New Confort City residential property package in Bucharest. The initiative, designed to democratize real estate investing, is a continuation of MetaWealth’s mission to help people build a better financial future for themselves. The company’s offer, valid until […]

Siemens S.R.L., the local subsidiary of the world-renowned German technology group, has agreed to extend its existing lease with Genesis Property, thus securing its presence in West Gate Business District for the next five years. This significant contract extension underlines the importance and long-term benefits of the solid and sustainable collaboration with Genesis Property and serves as recognition by Siemens […]

Globalworth, the leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office market, announces that it has signed an agreement with eMAG, CEE’s ecommerce shopping destination, to set up its headquarters as a tenant in the state-of-the-art building Globalworth Square in Bucharest, one of the highest-ranked buildings in Globalworth`s portfolio. The newly signed deal […]

MetaWealth, the Fintech startup with offices in Bucharest, Dublin and Toronto, has sold its first real estate asset to 153 retail investors from Romania, Cyprus, Austria, Switzerland, the UK, Denmark, Belgium, the Netherlands, the Czech Republic, Canada, Sweden, and Greece, for a combined value of USD 2.14 million. The sale, achieved in record time since MetaWealth first launched across the […]

CBRE, the leader of the real estate consultancy market, assisted Playtika Romania (Playtika), a mobile gaming entertainment and technology market leader, in determining the most efficient real estate strategy in terms of operations and cost efficiency. The consultancy firm performed a complex analysis and provided relevant data that considered all the suitable alternatives in the market and studied the group’s […]

Global real estate advisor, CBRE, has advised CA Immo on the sale of its Romanian office platform to Pavăl Holding. The portfolio is comprised of seven high-quality office properties located in Bucharest, as well as the highly experienced Romanian management team. Its acquisition makes Pavăl Holding the city’s second-largest office landlord. “We are very happy to see that the Romanian […]

In the current economic context, marked by rising inflation, low sources of capital, but also by multiple business challenges, CBRE specialists come up with recommendations and suggest companies 10 initiatives to reduce expenses/costs with office spaces. “We are living through a challenging economic period, marked by uncertainty and an increasing cost of living. Beside the impact of inflation felt at […]

The new working trends are not new anymore. Office as a destination, hybrid work, social offices, tech for inclusive set-ups and ESG requirements have identified themselves as stable trends and have a significant impact in the workplace and change management processes that majority of companies go through nowadays, according to CBRE Romania, the leader of the real estate consultancy market. […]

At the end of the third quarter of 2022, Bucharest modern office stock reached 3.30 mln. sq m, registering only 5 office projects delivered in the first nine months of this year. By the end of the current year, just one additional project is estimated to be completed, making 2022 a particularly record year, with the lowest number of office […]