Romanian developer One United Properties has announced that construction has kicked off at Mondrian Hotel in Bucharest, with completion expected in 2026.
Romanian developer Eden Capital aims to deliver by H2 2026 a new high-end residential complex in northern Bucharest with an estimated value of €130 million.
The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report.
InteRo Property Development, owned by the Canadian Topolinski investors family, has kicked off the construction of a new mixed-use project in Bucharest with a valuation of €1 billion.
The office leasing volume closed in H1 2024 grew by 0.2% compared to the same period of last year, with Bucharest seeing the biggest activity, followed by Cluj-Napoca and Timișoara, according to a report by Fortim Trusted Advisors.
The works at the Glina Wastewater Treatment Plant have been completed.
The general mayor of the capital, Nicuşor Dan, has announced that 100 electric busses have arrived at the STB Bujoreni depot and are to be put into circulation.
The vice mayor of the capital, Stelian Bujduveanu, has announced that the first 51 BMC electric buses have arrived in Romania.
The City Hall of the Capital is to install 50 recharging stations for electric vehicles, with two recharging points each, on 11 sites in the City of Bucharest.
The mayor of Bucharest, Nicusor Dan, announces that he will build an integrated waste collection center, through voluntary contribution.
The City Hall of the Capital wants to buy 250 new non-polluting trams. The investment amounts to over €836 million.
The Bucharest Transport Company (STB) wants to buy 100 electric buses through leasing. Buses must be 12 meters long and have a RAR type approval certificate (Romanian Auto Registry) or an approval certificate granted by the competent authorities of the member states of the European Union, in the M3 category.
The 100 trolleybuses that Bucharest City Hall bought from Solaris will be delivered in the first quarter of next year. Trolleybuses have a minimum autonomy of 20 km. The operation guarantee will be at least 300,000 km from the date of commissioning or at least 5 years.
Bucharest City Hall buys 7 electric minibusses for RON 10.25 million (€2 million). The purpose of the purchase is to ensure an accessible, efficient, and ecological public passenger transport service and to improve the conditions for the use of non-motorized modes of transport in the administrative area of the established partnership, to reduce CO2 equivalent emissions from transport.
The capital of Bucharest will pay lower bills for the electricity consumed for street lighting, says Mayor Nicusor Dan. The City Hall announces that it is investing €5 million to modernize the public lighting system in Bucharest by implementing the remote management system and using devices with LED technology.
Property developer Speedwell says it will be installing photovoltaic panels on two of its office projects in Bucharest and Cluj-Napoca in a bid to make its building more sustainable.
Solaris Bus & Coach sp. z o.o. and the Municipality of Bucharest signed a contract for the supply of 100 new trolleybuses.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
