The average total office fit-out costs in Bucharest increased slightly in 2025 to around €1,000 per sqm, according to data from Cushman & Wakefield Echinox. However, Bucharest remains one of the most affordable markets in CEE, with fit-out costs 18% and 15% lower than in Warsaw and Prague, respectively.
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.
Romanian construction group Bog'Art has published its first sustainability report that outlines the company's results and objectives under the ESG development framework.
UBM Development Czechia announced a significant milestone in sustainable construction in the Czech Republic, allowing the construction of wooden buildings up to 22.5 meters.
A new report has explored how ESG is helping real estate investors maximize their returns.
Romania produces on average over 3 million tons of construction waste annually.
Transilvania Construcții plans to invest more than €10 million in the generation of green energy across all projects within its portfolio over the next five years. The first project that will produce green energy is TRC Park Cluj, where the estimated investment amounts to almost €1 million.
The World Green Building Council (WorldGBC), the coalition representing over 5,000 organizations from across the building value chain, has asked Members of the European Parliament (MEPs) to back amendments to the Energy Performance of Building Directive.
Join Lisa Chase and Tjidsger Wierda for a workshop on 28 May
Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.
In a video interview recorded at Bratislava Property Forum 2026, Hubert Abt FRICS, CEO of workcloud24, explains why energy performance is emerging as the most important operational metric, how investors are approaching sustainability and what it takes to create real value through data-driven asset management.
Sinovoltaics has launched PV Lab Test Advisor v1.0, a web-based assessment tool designed to build project-specific reliability testing scopes for utility-scale solar PV projects.
ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.
