Business Forum • 30 September, 2024 at 3:22 PM
Property Forum is excited to announce that for the first time ever, we're inviting our readers to select the winner of one of our SEE Property Forum Awards. Voting for the Real Estate Company of the Year category is open now and closes at the end of the day next Monday (23:59 on 7 October).
SEE Property Forum Awards celebrate the best projects, most impactful transactions and most inspiring personalities of the Romanian market. This year our team has received a record number of nominations so narrowing the list down was not an easy task. The shortlist has already been announced and winners of all the other categories will be selected soon by a jury committee comprising leading real estate professionals. The recipients will be announced at our Awards Gala on 22 October, part of our annual SEE Property Forum conference.
Meet this year's nominees for Real Estate Company of the Year
We're displaying the four shortlisted nominees in alphabetical order, alongside a snippet of their nomination submission. The texts have been edited for clarity.
Alesonor Real Estate Development
"Alesonor is a prominent developer of well-being communities like Amber Gardens and Amber Forest. With over 21 years of experience in Romania, Alesonor focuses on environmentally responsible residential projects that integrate design, quality and nature. The company has established itself as a leading developer of residential villas and wellbeing communities in Romania, advocating for green, energy-efficient buildings. One of Alesonor's differentiators on the developers' market is its 360° team, which includes architects, engineers, builders, project managers, financial experts, market analysts, sales, marketing and PR who have been involved in designing the first green suburb area in Romania for over 3 years."
CPI Romania
"CPI Romania, part of CPI Property Group, signed lease agreements totalling 41,500 sqm in 2024, adding multinational companies operating in key sectors of the economy to its local office portfolio and maintaining its average occupancy rate of retail projects at 98% as a result of investments in the remodelling of its shopping centres. CPI Romania currently owns office buildings with a total area of 340,000 sqm, representing 10% of the modern stock of office projects in Bucharest. As for the retail segment, CPI Romania also owns 6 properties totalling 270,000 sqm."
NEPI Rockcastle
"The company's portfolio represents the largest listed retail real estate platform of scale where both investors and retailers can access the resurgent CEE consumer and economic growth story across the region. The company's development pipeline represents investments of €817 million for projects under construction or permitting, including planned development and capex for the remainder of 2024. NEPI Rockcastle's stellar track record of growth, development pipeline, strong balance sheet and positive impact on society, economies and communities demonstrates clearly its Real Estate Company of the Year credentials."
Vastint Romania
"Vastint Romania is currently the only real estate company with an active office construction site in Bucharest. Following the acquisition of the necessary permits and the completion of the construction preparation phase, the second stage of the Timpuri Noi Square project is now underway. This phase will add a total of 105,000 square meters of gross built area (GBA) and will include two new office buildings, effectively doubling the available office and commercial space within the Timpuri Noi Square complex."