CBRE Romania

As a speaker in the #office & residential panel of the REALTY #realestate & Construction Forum 2024, Ana Vicoveanu highlighted some significant trends in the Bucharest office market. Over the next 3 years, we anticipate a substantial reduction in new deliveries, with expected numbers being 5 x lower than the average annual rate of the past decade. This marks a pivotal shift in market dynamics. Moreover, the national business landscape is flourishing. In the past 18 months, Romanian companies have accounted for 1 in 4 #workspace leases, driven by the country's robust economic growth and a blooming startup ecosystem. With all of this in mind, we’re here to draw conclusions & take action together. A special thanks to Business Review, for organizing this insightful event.

Let’s congratulate DHL Express for their soon-to-be cutting-edge #logistics center in VGP Park Bucharest North. This state-of-the-art facility, spanning 4 K square meters, will specialize in sorting and processing parcels arriving by air, ensuring swift delivery to customers across Romania. The lease, facilitated by Călin Badea, relies on VGP Park Bucharest North’s strategic location near the A3 Bucharest-Ploiești highway, which provides quick access to the road transport network, optimizing the delivery process. As a general background, our #research data reveals a growing demand for modern logistics spaces strategically located near airports and main transport routes. Romania’s Schengen area access further strengthens its role as a vital logistics center in the region.

We invite you to join Ana Vicoveanu in the upcoming #office & residential panel of the Business Review conference. Ana will address the expected decrease in vacancy rates, due to a limited pipeline in the next 3 years. Moreover, she will go into detail regarding the noticeable shift of Romanian companies moving from Class C to Class A buildings, seeking better amenities and transport links. Last but not least, she will elaborate on the growing prevalence of multi-tenant office projects, indicating a shift in #workspace dynamics. Register now to secure your spot at the event.

La vie en rose - celebrated by #peopleofCBRE on Bastille Day. 💙🤍❤️

The #retail sector in #CEE and Romania has experienced healthy growth since 2015 onwards. Factors such as robust private consumption, an improving economy, and rising wages have contributed to increased sales in recent years. The H Stirbei Palace project further confirms Romania’s emergence as a new #luxury brand destination. 🎥 Press play for a 15 min. debate, a discussion between Carmen Ravon and Bogdan Alecu from Ziarul Financiar, on this exact topic.

Creativity in overcoming all challenges is proven by #peopleofCBRE in the #office division, reaching the biggest contribution to the Bucharest & national markets and successfully delivering solutions to both landlords & tenants, in H1. The success of our amazing team is based on the confidence and the unwavering support of our clients and partners. Here’s to continued growth and shared achievements. Thank you for being part of our story.

As we implement strategies that ensure long-term success, we focus on integrating ESG principles and #futureproof solutions. 🔍 What does future-proofing mean? Future-proofing involves adopting strategies that ensure the long-term success of investments in #realestate and infrastructure, regardless of market conditions.   🌱 How does integrating sustainability practices help? Integrating #sustainability practices into our investment strategy enhances portfolio resilience by mitigating risks associated with climate change and ensuring compliance with environmental regulations.   ✔ How can asset resilience be increased? Asset resilience can be increased by incorporating #ESG principles, which boost the ability to withstand and adapt to market changes. Ready to sustainably future-proof your investments? Contact our experts, Nicole Sommer & Alina Bordei, for tailored insights.

There's a growing interest among large #office landlords in Romania to attract startups and smaller entrepreneurial firms. This has two main drivers: the startup brings a new work dynamic with a considerable growth potential. Secondly, the landlords are aiming for a multi-industry tenant mix, with a wide range of company sizes. These drivers are considered to enhance the #sustainability of an office portfolio.

Startups and entrepreneurial companies are playing a significant role in shaping #workspace demand in Bucharest and regional cities. Their need for flexibility and affordability is transforming the landlord’s strategies. The adaptation of #office spaces and contractual elements to fit such demand come within the scope of this objective.

Part of our #PropertyManagement team, Larisa helps us realize potential in a city full of innovation: Cluj-Napoca. Through a steady growth over the years, she gradually accumulated and perfected skills that made her become the great center manager that she is today. Join us in congratulating Larisa Burca for her work anniversary! 🥳