Point Development, the local subsidiary of the Israeli group Shikun & Binui, has successfully completed the LEED certification process for the second construction stage of its resi-scheme City Point. At the end of last year, the project received the LEED for Neighbourhood Development: Plan and Design (LEED-ND) certificate on behalf of the US Green Building Council. Thus, City Point becomes the sixth project in Europe certified LEED-ND and the third certified as Gold. The whole process was coordinated by Colliers Romania.
The American shareholding company Bucharest Properties REIT has completed the second stage of the Vitan Estates residential complex. Starting with February, the complex has two more class A buildings, of 11 floors each, built following an investment of over 10 million euros.
In the current Covid-19 context, the residential market is going through an adjustment phase, as people have been forced to stay in their homes and many of them were forced to combine their private space with their working office, shows the latest report of Bucharest Real Estate Club (BREC), „The New Face of Bucharest”.
Domina Imobiliare, one of the most visible real estate agencies in Oltenia, publishes the results of 2020, from the perspective of the appetite for purchases, sales and rentals on the residential market in the region.
Whether you are a property owner or a property manager, steady rental income equates to a well-streamlined cash flow. The rent roll data builds the foundation for day-to-day operations in asset and investment management. They also built the foundation for the valuation of the asset. Therefore, accurate and consistent data is crucial to make the right decisions.
Prima Development Group, the largest real estate developer in Oradea, announces for 2021 the completion of 640 apartments in Bucharest and Oradea, as well as the consolidation of the expansion on the real estate market in Bucharest with new projects that will total over 2,500 apartments.
RE / MAX Romania presents the conclusions of the market study "The most important challenges in real estate in 2020", conducted in partnership with Veridio.ro. This includes an analysis of the main factors that influenced the local real estate market in 2020, along with the forecasts of specialists for the current year and various useful information about the client's profile or the challenges of the real estate agent profession.
It seems like the entire world has been shut down by the recent coronavirus outbreak. While the situation is unprecedented and dynamic, there are still some ways that property managers can get in front of the challenge and help their tenants stay safe and healthy. This is true for offices but even more true for multifamily and co-living properties, where millions of people are now sheltering in place around the world.
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