The Real Estate Event

In real estate, opening is only the beginning. Belonging takes longer.

After a decade in Obor, one of Bucharest’s oldest commercial districts, Veranda Mall is no longer just a retail destination. 99% occupancy. Community-driven investments. A neighborhood platform as much as a shopping center.

The story of a project that earned its place not through scale alone, but through attention, adaptation, and usefulness.

📖 Read the full article on therealestateevent.ro

From a former industrial site to one of Bucharest’s most ambitious mixed-use developments, Vastint Romania’s story is about thinking in decades, not quarters.

112,000 m² of office space. Zero fossil fuels. LEED Platinum target. And a vision that started with a plot of land in 2010 and hasn’t stopped evolving since.

Phase 2 of Timpuri Noi Square is currently the largest office project under construction in Bucharest, set to be fully operational in 2027.

📖 Read the full story on therealestateevent.ro.

WEEKLY HIGHLIGHTS - powered by KLARMEDIA |
A strategic selection of key real estate news.

🔘 Speedwell breaks ground on SME-focused logistics project in Popești-Leordeni
🔘 Bucharest residential market rebounds in Q2 on location and quality
🔘 AFI appoints Bog’Art as general contractor for AFI Central Tower project
🔘 Pavăl brothers (Dedeman) rise to the top of the largest transactions in H1 with Carrefour stores
🔘 Promenada Mall Bucharest expansion moves forward, opening set for April 2027
🔘 Colliers: Sustainability directly impacts real estate financing costs
🔘 Alesonor and Fan Baschet Academy develop a €2M sports performance center at Amber Forest Agora

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- a space for know-how and vision shaping the future of real estate.

At the BusinessPedia.ro corner, part of The Real Estate Event MediaHub, during the launch of 𝘛𝘩𝘦 𝘓𝘌𝘎𝘈𝘊𝘠: 35 𝘠𝘦𝘢𝘳𝘴 𝘰𝘧 𝘙𝘦𝘢𝘭 𝘌𝘴𝘵𝘢𝘵𝘦 𝘪𝘯 𝘙𝘰𝘮𝘢𝘯𝘪𝘢, Sorin Preda, Founder & CEO, GLOBAL VISION, talked about the yields that make Romania the most attractive market in Europe right now and the untapped architectural heritage that could unlock a completely different kind of value.

His entrepreneurial story started with a derelict house in Drumul Taberei in 1992–1993, turned into a storage depot during the day while he was at university, and renovated by night. Not the most glamorous start, but the kind that builds instinct.

On the market’s defining moment, his answer is direct: 2015–2017 was Romania’s investment peak. Transaction volumes in 2025 are half of what they were then.

“It’s not us saying it, financial institutions confirm it: Romania offers the best real estate yields in Europe today.”

Watch full interview on Businesspedia.ro.

At the BusinessPedia.ro corner, part of The Real Estate Event MediaHub, during the launch of 𝘛𝘩𝘦 𝘓𝘌𝘎𝘈𝘊𝘠 – 35 𝘠𝘦𝘢𝘳𝘴 𝘰𝘧 𝘙𝘦𝘢𝘭 𝘌𝘴𝘵𝘢𝘵𝘦 𝘪𝘯 𝘙𝘰𝘮𝘢𝘯𝘪𝘢, Anca Damour, Executive Board Member, ELI Parks, shared the lesson Paris taught her and the moment that quietly reshaped Romanian real estate.

“When I left to study in Paris, in the early 2000s, the city itself impressed me, not as a single monument, but as a coherent urban experience (…) It’s like an open-air museum.”

For her, the real turning point wasn’t the 2005–2008 boom or the crisis that followed, but the early 2000s, when the first Class A office buildings appeared, the moment Romania truly entered the institutional real estate market.

📖 Full interview on BusinessPedia.ro.

At the BusinessPedia.ro corner, part of The Real Estate Event MediaHub, during the launch of 𝘛𝘩𝘦 𝘓𝘌𝘎𝘈𝘊𝘠 – 35 𝘠𝘦𝘢𝘳𝘴 𝘰𝘧 𝘙𝘦𝘢𝘭 𝘌𝘴𝘵𝘢𝘵𝘦 𝘪𝘯 𝘙𝘰𝘮𝘢𝘯𝘪𝘢, Alex Skouras, Co-Founder & Managing Partner, Alesonor Real Estate Development, looked back at the real turning point of the Romanian real estate market.

For Alex, the shift didn’t happen during the 2008 crisis itself, but in what came after: the market moved from being volume-driven to being value-driven, a change in mentality among developers, banks, and architects that redefined what “normal” looks like today.

“Before 2008, the evolution was steep, dramatic, chaotic. That is, I believe, the moment when the market shifted from being driven by volume to being driven by value.”

📖 Full interview on BusinessPedia.ro.