Romanian office developer Genesis Property has obtained Breeam Outstanding certification for the DE building in Bucharest-based Yunity Park. The certification was awarded for both asset performance (6 stars, 85.9%) and management (6 stars, 89.4%).
Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group.
Each year, GRESB evaluates and benchmarks the ESG performance of real estate assets on a global scale.
Targets are considered "science-based" if they align with the latest climate science findings, particularly in relation to the Paris Agreement's goals.
At the same time, nearly 82% of employees of all ages consider their relationship with managers important or very important when making the decision to work more days at the office.
The electricity that powers the buildings owned by Genesis Property is also provided by the own production generated by the 1,080 photovoltaic panels installed on the roofs.
Among Millennials and Gen X employees, percentages are 56% and 52% respectively, according to a survey of 1,247 respondents nationwide by Genesis Property.
Today's employees are not looking for a simple job, but for a work environment that offers a complete experience and allows to combine work with recreation and relaxation.
Genesis Property and HP Inc. Romania have signed a 5-year lease extension for 7,000 square meters of office space in YUNITY Park.
BT raised €1 billion from international markets through a bond issuance that was almost four times oversubscribed, with the bank mitigating the impact of volatility in financial markets.
Romania recorded the highest annual inflation rate in the European Union in March 2026, reaching a peak of 9.0%.
Romania's national electricity transmission company Transelectrica is managing €51.7 million in funding from the National Recovery and Resilience Plan's (PNRR) REPowerEU component.
The European Commission has opened an in-depth investigation into Romania's planned state support for refurbishing the Cernavoda 1 nuclear reactor, questioning whether the €3.2 billion aid package complies with EU state aid rules.
Vastint Romania, part of Vastint Group, has signed the first lease agreement for the second phase of Timpuri Noi Square (TNS). Scor, a global reinsurer, has selected the project for its permanent operations in Romania, where it will occupy 3,250 sqm.