Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Ema Iftimie as Managing Director for its real estate operations in Romania. Starting December 1st, Marian Popa will step down as the Managing Director and Ema Iftimie will assume this role, focusing on operational, business development and customer care. “I express my sincere gratitude to Marian Popa for his outstanding management over the last three particularly challenging years. After a distinguished 50-year career, Marian has decided to retire and focus on his personal life. His c ..read more

Supporting women’s empowerment represents a healthy foundation for a thriving and sustainable economic environment. The fourth campaign promoting gender equality was promoted on the cover of Business Magazin and with an ample cover story inside this reputable publication. “Last year we faced numerous challenges: in addition to the pandemic restrictions, the war with Ukraine brought a lot of uncertainty and an explosion of costs. Women in top management positions from the real estate industry have succeeded to manage the situation both on a business and human level, contributing to a smooth tr ..read more

Two years have passed since Bucharest has been blocked at the urban planning level, as a result of the suspension or annulment in court of the Urban Area Plans (PUZs) for Bucharest’s districts, while the clarification of the urban aspects remains a long-term wish as the collecting and updating of relevant data for the new General Urban Plan (PUG) was only launched in January 2023. Developers and active investors on the real estate market in Bucharest met in an event recently organized by the law firm Schoenherr and SCA Associates, with the aim of identifying possible ways to overcome the cu ..read more

The European online travel agency FlyGo is relocating its Bucharest offices to Equilibrium 1, the first building of the Equilibrium complex developed by Skanska in the Northern area of ​​the Capital. “We are glad that FlyGo chose the Equilibrium project as the new space for the company’s operations. This recent partnership shows us as well how beautifully shaped the diversity of tenants is and the industries they’re part of. We are very proud of the community we have created in Equilibrium and of the good energy you feel when you walk through the door of our building” s ..read more

THETA Furniture & More, one of the most important integrators of interior design solutions in Romania, announces the appointment of Cătălin Rotaru as CEO (Chief Executive Manager) of the company, effective February 1, 2023. Thus, Cătălin takes over the executive leadership directly from its founder, Florin Gheorghe, in times of accelerated development of THETA Furniture & More into a player with international impact. Specialized in materials engineering, Cătălin Rotaru has almost 24 years of experience in the ceramics industry. Before joining THETA, Cătălin held the position of Group ..read more

Globalworth, the leading office investor in Central and Eastern Europe, announced it has received 47 ESG related certifications for its Romanian portfolio in 2022.  “Achieving these certifications was a very rigorous process, and our success shows that we are truly dedicated to best practices, high quality and continuous improvement. In the future, we will all have to rethink the way we build cities to enable greener and smarter living for all, better spaces that provide peace of mind. We are happy to bring the future closer”, stated Marian Popa, Managing Director at Globalworth Rom ..read more

WeMat, a leading company on the commercial flooring segment of the real estate market, announces revenues of 17 million Euros for 2022, an increase of 13.5% compared to 2021. In 2022, in addition to the rebranding process (previously, the name of the company was Decor Floor), WeMat’s activity has focused on diversifying the portfolio of products and services offered, registering a significant increase in volumes “year to year” in specialist contractor services area. “In 2022, the real estate and construction market went through a good period in terms of developments. However, there is an elem ..read more

IMPACT Developer & Contractor filed a court action against Bucharest City Hall, Bucharest District 1 City Hall and Romsilva National Forest Management, in order to determine those institutions to comply with the obligations assumed by the decisions of the General Council of the City of Bucharest, those of the Local Council of District 1 and those from the  acceptance act of the donation concluded with IMPACT, and to definitively open public access between Privighetorilor Alley and Pădurea Pustnicu Road, connecting to their residential development, Greenfield. The decision to begin th ..read more

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 investors’ growing interest in the office segment. We are proud to have worked on more than 50% of the most important office transactions in Romania this year. Our investment team is cohesive, experienced ..read more

THETA Furniture & More has finalized in November 2022 implementing the interior design services for the new BCR (Banca Comerciala Romana – Romanian Commercial Bank) unit in Cluj-Napoca. BCR has moved its County Branch from the old space in Cluj-Napoca to a new one in The Office Building, also located in Cluj-Napoca. The space area of approx. 1000 sqm was fully delivered by THETA Furniture & More’s team, as Interior General Contractor. The concept has been created by the architecture studio 1722 Studio Lab. “The layout concept of our new hub in Cluj-Napoca represents an innovative mode ..read more