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.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
