Bucharest Real Estate Club

✔️ 𝐁𝐮𝐜𝐡𝐚𝐫𝐞𝐬𝐭 𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐢𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 remains under the same challenges: while the city represents Romania’s economic star, with a medium net wage 25% higher than national level and a constant robust demand for new residential units, urban blockage persists combined with the traffic commission within the General City Hall, making difficult for developers to even finalize ongoing projects. This complex situation has two major implications: one is the pressure on both selling prices and rents and the second one is the shift of investors towards the outskirts of the city. ✔️ The urban zoning issue remains unchanged, while the new expected General Urban Plan (PUG) is much delayed. As the works on the A0 (the new, modern city’s ring road) are completed, we expect to see important investments announced in Ilfov, but, unfortunately, without a correlation of public transportation means, traffic will be major impacted. 🎤 Ionuţ Negoiţă, Founder & CEO, HILS Development: “In 𝟐𝟎𝟐𝟓, we aim to focus more on community development, providing sustainable and energy-efficient residential projects. We continue at the pace we set for the development of announced projects, such as 𝐇𝐈𝐋𝐒 𝐒𝐮𝐧𝐫𝐢𝐬𝐞 𝐚𝐧𝐝 𝐇𝐈𝐋𝐒 𝐓𝐢𝐭𝐚𝐧𝐢𝐮𝐦, and we are preparing the launch of 𝐩𝐡𝐚𝐬𝐞 𝟐 𝐟𝐨𝐫 𝐇𝐈𝐋𝐒 𝐑𝐞𝐩𝐮𝐛𝐥𝐢𝐜𝐚. We also aim to 𝐞𝐱𝐩𝐚𝐧𝐝 𝐭𝐨 𝐨𝐭𝐡𝐞𝐫 𝐚𝐫𝐞𝐚𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐂𝐢𝐭𝐲 𝐢𝐧 𝟐𝟎𝟐𝟓.” To read the entire analysis for the residential sector, download the digital copy of our catalogue here -> https://lnkd.in/gPQ_32eE #BREC #Residential #Bucharest 

𝑩𝒖𝒄𝒉𝒂𝒓𝒆𝒔𝒕 𝒐𝒇𝒇𝒊𝒄𝒆 𝒎𝒂𝒓𝒌𝒆𝒕 𝒖𝒏𝒅𝒆𝒓 𝒔𝒉𝒐𝒓𝒕𝒂𝒈𝒆 𝒐𝒇 𝒏𝒆𝒘 𝒔𝒖𝒑𝒑𝒍𝒚, 𝒄𝒐𝒏𝒔𝒕𝒓𝒖𝒄𝒕𝒊𝒐𝒏 𝒄𝒐𝒔𝒕𝒔 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆 & 𝒓𝒆𝒕𝒖𝒓𝒏𝒊𝒏𝒈 𝒕𝒐 𝒕𝒉𝒆 𝒐𝒇𝒇𝒊𝒄𝒆 𝒎𝒂𝒏𝒅𝒂𝒕𝒆𝒔 ✔️ With a mere 230,000 sqm total potential pipeline of office projects until 2028, out of which only 105,000 sq m are under construction, the vacancy rate is expected to return to a single-digit level in 2025. ✔️ New mandates for return to office pose challenges for a market like Bucharest. ✔️ Most large corporations maintained their footprint and chose to perform only slight adjustments to GLA or to sublease to keep a hold on the space as primary tenants. However, they continued to increase team size while adopting work-from-home and/or hybrid work models. ✔️ In the US, more tech companies are enforcing a return-to-office policy to boost productivity; we’re expecting a policy alignment at the global level. This might prove challenging in Bucharest due to limited new potential build-outs, difficult permitting process, and land scarcity for suitable office developments until a tangible expansion of the underground infrastructure. ✔️ The competitive stock is lessening as older properties are reconverted to educational or medical use or shall be fully redeveloped into mixed-use in the medium term due to obsolescence/end-of-life Class B-/C properties. ✔️Antoniu Panait, Managing Director, Vastint Romania:  “Construction of the second phase of Timpuri Noi Square, one of the few office developments currently underway in Bucharest, is progressing on schedule, with completion expected in the fourth quarter of 2026." Download the digital copy of our report here -> https://lnkd.in/d3TXPMN7 #BREC #Office #Bucharest #Research

#NewMember   We are happy to welcome SINGU in our community! The SINGU platform empowers real estate portfolios to improve property operations with integrated facility, maintenance, and ESG operations. Implemented in over 200 million square meters of commercial property for over 500 corporate clients in more than 30 countries, SINGU streamlines property and asset management helping you run smarter, data-based operations leading to tangible benefits for your organization. In Romania, the management is represented by real estate expert Adrian Ursulean Read more about the company here -> https://lnkd.in/d7C5hWzz

𝐀 𝐯𝐢𝐛𝐫𝐚𝐧𝐭 𝐡𝐨𝐭𝐞𝐥 𝐦𝐚𝐫𝐤𝐞𝐭    ✔️ Following a period of economic growth, major infrastructure updates and full Schengen admission, 𝐑𝐨𝐦𝐚𝐧𝐢𝐚𝐧 𝐡𝐨𝐭𝐞𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐢𝐧𝐠 𝐬𝐨𝐦𝐞 𝐯𝐞𝐫𝐲 𝐠𝐨𝐨𝐝 𝐲𝐞𝐚𝐫𝐬 𝐨𝐟 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭, with numerous brands to enter the local market, according to data from Est Hospitality analyzed by BREC. ✔️ 𝐖𝐡𝐢𝐥𝐞 𝐁𝐮𝐜𝐡𝐚𝐫𝐞𝐬𝐭 𝐩𝐢𝐩𝐞𝐥𝐢𝐧𝐞 𝐢𝐬 𝐥𝐨𝐨𝐤𝐢𝐧𝐠 𝐩𝐫𝐨𝐦𝐢𝐬𝐢𝐧𝐠, 𝐰𝐢𝐭𝐡 𝟐,𝟐𝟕𝟐 𝐫𝐨𝐨𝐦𝐬 𝐬𝐢𝐠𝐧𝐞𝐝, 𝐭𝐡𝐞 𝐜𝐢𝐭𝐲 𝐢𝐬 𝐲𝐞𝐭 𝐮𝐧𝐝𝐞𝐫 𝐚𝐧 𝐮𝐫𝐛𝐚𝐧𝐢𝐬𝐭𝐢𝐜 𝐟𝐫𝐞𝐞𝐳𝐞, and some of the announced projects don’t have an exact opening date. On a short- and medium-term basis, the most expected inaugurations from Bucharest account for 𝐂𝐨𝐫𝐢𝐧𝐭𝐡𝐢𝐚 and 𝐌𝐨𝐧𝐝𝐫𝐢𝐚𝐧 brands. 🎤 Despina Ponomarenco, President BREC: "The effervescence in the hotel market is a good indicator of Romania's strong development, attracting brands from 3, 4 and 5 stars along with standardized conference. All the inaugurations that will follow in the next four years will transform Romania into an 𝐞𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐭 𝐡𝐮𝐛 𝐟𝐨𝐫 𝐫𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐞𝐯𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐄𝐄 𝐚𝐫𝐞𝐚." #Hotels #BREC #Investments

#TBT   💯 Looking back to our Trends Forum, the opening year event dictating the main trends influencing the real estate market. 🤝 Thank you to our partners for their support in shaping this conference One United Properties SA, Hagag Development Europe, AFI Europe Romania, Vastint Romania, Trimo, Filip & Company Comp, & Imobiliare.ro #BREC #BRECEvents #TrendsForum

#BRECTalks 🎤 Razvan Nica, CEO & Founder BuildGreen ✔️ In 2025, the construction sector continues to evolve at a measured pace, largely due to long-standing building methods such as brick and mortar, that have remained relatively unchanged for centuries. This slow adoption of innovation is also influenced by client and buyer preferences, where visible materials like red brick and concrete are often equated with “quality.” ✔️ From a sustainability perspective, 𝐚𝐧 𝐞𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐝𝐞𝐛𝐚𝐭𝐞 – 𝐩𝐚𝐫𝐭𝐢𝐜𝐮𝐥𝐚𝐫𝐥𝐲 𝐢𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐧𝐞𝐰 𝐔𝐒 𝐚𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧’𝐬 𝐞𝐦𝐩𝐡𝐚𝐬𝐢𝐬 𝐨𝐧 𝐩𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 (“𝐝𝐫𝐢𝐥𝐥, 𝐛𝐚𝐛𝐲, 𝐝𝐫𝐢𝐥𝐥”) – 𝐢𝐬 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐢𝐧𝐠 𝐰𝐡𝐚𝐭 𝐬𝐨𝐦𝐞 𝐩𝐞𝐫𝐜𝐞𝐢𝐯𝐞 𝐚𝐬 𝐨𝐯𝐞𝐫𝐥𝐲 𝐫𝐞𝐬𝐭𝐫𝐢𝐜𝐭𝐢𝐯𝐞 “𝐠𝐫𝐞𝐞𝐧” 𝐦𝐞𝐚𝐬𝐮𝐫𝐞𝐬. This dynamic is expected to refocus sustainability efforts on practical, straightforward solutions with improved materials. Indeed, real sustainability translates into quality, which is ultimately valued by the end-user. While opinions may vary, market demand is likely to standardize sustainability as a core principle. ✔️ 𝐓𝐡𝐞 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐚𝐧𝐝 𝐨𝐟𝐟𝐢𝐜𝐞 𝐬𝐞𝐜𝐭𝐨𝐫𝐬 𝐫𝐞𝐦𝐚𝐢𝐧 𝐚𝐭 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐟𝐫𝐨𝐧𝐭 𝐨𝐟 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧, driven by investor expectations, regulatory incentives, and the increasing demand for certified green buildings. High-end residential and mixed-use developments, while traditionally slower to embrace sustainability, are now incorporating more energy-efficient and low-carbon design elements. Read the interview here -> https://lnkd.in/dHZav_SJ #BREC #Trends 

#WomenInRealEstate 🔝 Fantastic sixth edition of our campaign dedicated to empowering women in the property industry showcasing true leadership success stories. 👭 As we are going through turbulent times, we took the time to discuss with psychotherapist Monica Carligea how social and political instability are impacting our professional development. 🟢 Dana Bordei, Commercial Country Manager for VGP Romania; 🟢 Beatrice Dumitrascu, CEO, Residential Division, One United Properties SA; 🟢 Andreea Cotiga, Head of Office Leasing, CPI Property Group | Romania; 🟢 Andreea-Maria Dumitru (Ciobanu), Chief Marketing Officer, Hagag Development Europe; 🟢 Ashton Topolinski, Partner, Head of Marketing & Branding at InteRo Property Development; ➡️ were our guest speakers discussing hot topics about 𝐭𝐞𝐧𝐚𝐜𝐢𝐭𝐲, 𝐫𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞, 𝐜𝐮𝐥𝐭𝐢𝐯𝐚𝐭𝐢𝐧𝐠 𝐦𝐞𝐚𝐧𝐢𝐧𝐠𝐟𝐮𝐥 𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐧𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐝𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐰𝐨𝐫𝐤𝐩𝐥𝐚𝐜𝐞 𝐚𝐬 𝐰𝐞𝐥𝐥 𝐚𝐬 𝐭𝐡𝐞 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐨𝐟 𝐫𝐮𝐧𝐧𝐢𝐧𝐠 𝐚 𝐟𝐚𝐦𝐢𝐥𝐲 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬. Thank you to all the wonderful participants and our sponsors: One United Properties SA, CPI Property Group | Romania & Hagag Development Europe helping us to shape another successful campaign dedicated to Women In Real Estate! Claudia Nedelcu, Liria Themo, Ileana Teriteanu, Ana-Maria Nemtanu, Elena Papanaga, Iulia Birla Istudora, Alina Bordei, Claudia Petre, Nicole Sommer, Ileana Mitrache, Ana Nechifor ✍️, Sima Ioana, Anamaria Diaconescu, Corina Chirea, Oana Moldovan, Tatiana Medaru, Alina Bunescu, Adriana Florea, Cristina Dumitrache, Despina Ponomarenco, Georgiana Grecu #BREC #BRECEvents

#WomenInRealEstate Ashton Topolinski is a partner, minority owner and the Head of Marketing & Branding at InteRo Property Development, a unique family business on the Romanian market. In addition to marketing, Ashton also leads the branding of her family’s company and leads the implementation of sustainability and green designs that create a healthier lifestyle for residents. Ashton is a speaker at our event today discussing about the chalenges of runing a family business. #BREC #BRECEvents

#WomenInRealEstate ✔️ Andreea-Maria Dumitru (Ciobanu) is a reputed communication professional, running the marketing department of Hagag Development Europe. ✔️ Andreea Maria will participate at 𝐁𝐑𝐄𝐂 𝐖𝐨𝐦𝐞𝐧 𝐈𝐧 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 talking about the motivation to step in this challenging industry and women’s role on the real estate market. ✔️ Our annual campaign is empowering women to lead with confidence in the property industry. The event is dedicated to our members & partners. In order to participate, please stay in contact with Georgiana Grecu: georgiana.grecu@brec.ro More info on the event ->  https://lnkd.in/dhfKR5JQ #BREC #BRECEvents

#WomenInRealEstate ✔️ Andreea Cotiga is managing the Romanian office division of one of the largest investors from CEE, CPI Property Group. She has accepted our invitation for the sixth edition of Women in Real Estate. ✔️ Andreea has built a long career in the property industry, being active for 20 years in the field. We will speak with her about building influence at work and cultivating meaningful connections but also prioritizing resilience and self-care to protect the wellbeing. ✔️ 𝐁𝐑𝐄𝐂 𝐖𝐨𝐦𝐞𝐧 𝐈𝐧 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 is the annual flagship event for women in the Romanian real estate industry. The event is dedicated to our members & partners. In order to participate, please stay in contact with Georgiana Grecu: georgiana.grecu@brec.ro More info -> https://lnkd.in/dhfKR5JQ #BREC #BRECEvents