Aurelia Luca, Executive Vice President Operations HU & RO for Skanska, speaker at CEDER 2025

Aurelia Luca will be part of the speakers formula this year at CEDER Real Estate Conference & Exhibition, to take part on 13th of May, at Radisson Blu Hotel, in Bucharest.

Aurelia Luca has more than 20 years of expertise in the real estate development and became part of the Skanska team in 2012, as a Leasing Manager, after previously working as Commercial Manager for Global Finance.

In January 2018, Aurelia has been appointed as Managing Director of Skanska Property Romania. From this position, she continued Skanska’s mission of developing sustainable office buildings. After being promoted to this position, Aurelia became the first Romanian woman in the regional management council of Skanska Commercial Development Europe, division in charge with coordinating the activities of Skanska in Romania, Hungary, the Czech Republic and Poland.

Since January 2020, she is part of the newly appointed Senior Leadership Team in Skanska commercial development business in Central and Eastern Europe. Named Executive Vice President Operations Romania, Aurelia Luca had an important role in the process of centralizing the organization on regional level and strengthening its strategic focus on customers.

In February 2021, Aurelia took over the Hungarian operations, becoming EVP Operations Hungary and Romania and is responsible for Skanska’s commercial development business unit in both countries.
Aurelia Luca has graduated from University of Bucharest and she has a Master degree in real estate from Bucharest University of Economic Studies.

CEDER Conference & Exhibition will take place on 13th of May, at Radisson Blu Hotel, in Bucharest. With key property professionals gathered in a single venue, CEDER is a very powerful networking and marketing opportunity. For tickets reservations, please check our website: https://lnkd.in/dTRWhMB7

This year Romania will be honorary country to host the 10th edition of the prestigious Best of the Best Hall of Fame Awards (HOF Awards) which is the climax of the CIJ Awards series, putting the winning projects and companies from around Central & Eastern Europe against each other to determine who the Best of the Best really are. The HOF Awards will take place in the afternoon during CEDER Conference and Exhibition.

CEDER 2025 confirmed Partners are: WDP, CPI Property Group, AFI Europe, Revetas, Speedwell, Hagag Development Europe, Paval Holding, NEPI Rockcastle, IULIUS Group, Filip & Company, EVO Properties, Anchor Grup, nHOOD, NNDKP, VASTINT, RRG Real Estate Group, Popovici, Nitu, Stoica & Asociatii, Crosspoint Real Estate, Stratulat Albulescu Attorney at Law, WIREN, KUZIINI, Lion’s Head, Alesonor, Coral Construct, COS, Carbon Tool, Theta Furniture & More, The Concept Group, RENOMIA Gallagher, Optim Project Management, WEMAT, Tiriac Imobiliare, Cushman & Wakefield Echinox, Brisk Group, Safety Approach, Prima Development Group, ALUKÖNIGSTAHL, Imobiliare.ro, Notarial Office EQUITY, Miss Green.

Check out the FULL LIST OF SPEAKERS and PROGRAM for CEDER Real Estate Conference & Exhibition 2025

CIJ EUROPE is very proud to announce the full list of speakers this year at CEDER Real Estate Conference & Exhibition, the key property professionals from the top companies active in the real estate sector in Romania and CEE. Check out below the program in full and speakers for CEDER 2025, which will take place on 13th of May, at Radisson Blu Hotel, in Bucharest.

08:00 – 09:00 | Registration & Breakfast

09:00 – 09:30 | Market Presentation held by Cushman & Wakefield Echinox
Vlad Saftoiu – Head of Research – Cushman & Wakefield Echinox
Cristi Moga – Head of Capital Markets – Cushman & Wakefield Echinox

09:30 – 10:20 | Office Market Challenges and Opportunities
Moderator: Florian Nitu – Managing Partner – Popovici, Nitu, Stoica & Asociatii
Doron Klein – Deputy CEO AFI Europe & CEO AFI Europe Romania & Czech Republic
Antoniu Panait – Managing Director – Vastint Romania
Jan Demeyere – Architect and Co-founder – SPEEDWELL
Andreea Cotiga – Head of Leasing Office – CPI Property Group Romania
Adinel Tudor – CEO – EVO Properties
Valentin Neagu – Managing Director – Crosspoint Real Estate
Ioana Roman – Partner & Head of Real Estate – Filip & Company
Dan Ungureanu – Business Development Leader CEE & CIS – RENOMIA Gallagher

10:20 – 10:40 | Coffee Break

10:40 – 11:25 | Sector-Specific Trends part 1
Moderator: Silviu Stratulat – Managing Partner – Stratulat Albulescu Attorney at Law
Gijs Klomp – Business Development Manager – WDP Romania
Mihai Diaconescu – Director, Asset Management & Development – Logicor Romania
Marius Barbu – Group Asset Director – NEPI Rockcastle
Oana Diaconescu – Head of Leasing – IULIUS
Geanina Ungureanu – Head of Retail – CPI Property Group
Ioana Niculeasa – Head of Real Estate – NNDKP
Claudiu Bisnel – Managing Partner – Brisk Group

11:25 – 11:45 | Coffee Break

11:45 – 12:30 | Market Growth Projections
Moderator: Andrei Vacaru – Head of Capital Markets CEE – iO Partners
Vlad Dragoescu – Director – CEE Head of Portfolio Management – Revetas Capital
Aurelia Luca – Executive Vice President Operations Hungary & Romania – Skanska
Joao Saracho de Almeida – Managing Director – Solida Capital Europe
Anca Merdescu – Head of Investments – Square 7, part of M Core
Silviu Toma – Senior Director, Project Finance – Raiffeisen Bank

12:30 – 13:15 | Sector-Specific Trends part 2
Moderator: Daniel Tudor – Founder & CEO – The Concept Group
Adrian Stoichina – Co-CEO & Partner – Prima Development Group
Andreea Dumitru – Chief Marketing Officer – Hagag Development Europe
Alex Skouras – Managing Partner – Alesonor
Yannick Van de Parre – Country Manager – Speedwell
Luciana Giurea – Head of Residential – AFI Europe Romania
Simona Gutiu – Founding Partner – Notarial Office EQUITY

13:15 – 14:00 | Lunch

19:00 – 22:00 | HOF Awards Party

A very special thank you to all our confirmed Partners: WDP, CPI Property Group, AFI Europe, Revetas, Speedwell, Hagag Development Europe, Paval Holding, NEPI Rockcastle, IULIUS Group, Filip & Company, WIREN, EVO Properties, NHOOD, Anchor Grup, NNDKP, VASTINT, RRG Real Estate Group, Popovici, Nitu, Stoica & Asociatii, Crosspoint Real Estate, Stratulat Albulescu Attorney at Law, KUZIINI, Lion’s Head, Alesonor, Coral Construct, COS, Carbon Tool, Theta Furniture & More, The Concept Group, RENOMIA Gallagher, Optim Project Management, WEMAT, Tiriac Imobiliare, Cushman & Wakefield Echinox, Brisk Group, Safety Approach, Prima Development Group, ALUKÖNIGSTAHL, Imobiliare.ro, DRS Architects, Notarial Office EQUITY, Miss Green.

Come and meet the local and regional real estate market leaders at CEDER 2025! For reservations, please check our website: https://ceder.live/

Skanska sells the first building of Equilibrium Complex to Gordiusz Private Equity Fund

Skanska has signed an agreement to sell the first phase of Equilibrium office complex in Bucharest to Gordiusz Private Equity Fund, managed by Gránit Asset Management. This marks the first transaction between Skanska Romania and this investment fund, representing a significant milestone in the local real estate market’s development.

The transaction value amounts to EUR 52 million.

“For all parties engaged in the process, the successful sale of Equilibrium 1 building is a turning point. This accomplishment demonstrates the strength of our collaboration with Granit Asset Management, whose mutual vision and confidence in the project were paramount to the transaction’s successful conclusion. Equilibrium 1 remains in capable hands, and we are committed to encouraging partnerships that benefit all parties involved in the long run.” mentioned Gabriel Precup, Legal and Transaction Director for Skanska’s commercial development business unit in CEE.

„With this transaction, Granit Asset Management aims to further expand its international real estate portfolio and strengthen its presence in the Central and Eastern European real estate market. Equilibrium 1 perfectly aligns with our long-term ‘5B Strategy’ – a vision to establish a sustainable, high-quality, and dominant office portfolio across the region’s key capital cities, Budapest, Bucharest, Belgrade, Vienna, and Bratislava. The property’s prime location, diverse tenant mix, and outstanding ESG credentials make it an ideal fit for our investment strategy.” said Álmos Mikesy, CEO and Chairman of the Board of Granit Asset Management.

The Equilibrium office complex consists of two buildings. The first phase, which is subject to the aforementioned transaction, was completed in 2019 and features approximately 21,000 square meters of leasable space across 11 floors and includes 240 parking spaces. It is certified LEED Platinum, showcasing Skanska’s commitment to sustainable work environments.

“Equilibrium provides the ideal mix for organizations and their teams: a highly accessible location at the entrance to Bucharest’s most vibrant office sub-market, flexible layouts to accommodate a wide range of business needs, a generous green space where community members can work, enjoy a coffee, or host events, and a variety of on-site and nearby amenities that successfully balance professional and personal life.
We are proud of this project and how we have created an amazing community. It’s gratifying to see this appreciated by investors.” said Aurelia Luca, Executive Vice President of Operations in Hungary and Romania at Skanska Commercial Development in CEE.

Throughout the sale process, Skanska was advised by Peli Partners for legal consultancy, Mazars Romania for financial and accounting advisory, and Ana-Maria Notingher for tax consultancy. Intermediation services on Skanska’s behalf were provided by Colliers.

Granit Asset Management received legal advisory services from Nestor Nestor Diculescu Kingston Petersen, technical advisory services from Sentient Romania, financial and tax advisory services from TPA Admin Romania, and commercial advisory services from IO Partners.

Meet Carbon Tool exhibition stand at CEDER 2025

Carbon Tool will be one of the exhibitors this year at CEDER Real Estate Conference & Exhibition, to take place on 13th of May, at the Radisson Blu Hotel, in Bucharest.

BuildGreen is a recognized leader in ESG and sustainability consulting in Central and Eastern Europe, specializing in sustainable design, carbon neutrality, decarbonization, audits, and green certifications. With over 10 million square meters of certified properties across the region and more than 350 certifications achieved, BuildGreen has built a strong reputation for guiding developers and asset managers toward more sustainable practices.

Expanding on this foundation, Carbon Tool, a BuildGreen initiative, enhances sustainability efforts by offering an all-in-one platform designed to assist businesses across all sectors in measuring, managing, and reducing their carbon footprint. By incorporating tools for emissions tracking, establishing carbon reduction targets, and facilitating ESG reporting, Carbon Tool enables companies to make informed, data-driven decisions, ensuring full traceability and providing real-time insights.

Together, BuildGreen and Carbon Tool offer a complete solution for sustainability, seamlessly combining expertise in green certifications with carbon management technology.

For more information, visit https://build-green.eu and www.carbontool.com.

CEDER Conference & Exhibition will take place on 13th of May, at Radisson Blu Hotel, in Bucharest. With key property professionals gathered in a single venue, CEDER is a very powerful networking and marketing opportunity. For tickets reservations, please check our website: https://lnkd.in/dTRWhMB7

This year Romania will be honorary country to host the 10th edition of the prestigious Best of the Best Hall of Fame Awards (HOF Awards) which is the climax of the CIJ Awards series. The HOF Awards will take place in the afternoon during CEDER Conference and Exhibition.

CEDER 2025 confirmed Partners are: WDP – Warehouses with brains, CPI Property Group | Romania, AFI Europe Romania, Revetas Capital, SPEEDWELL Development, Hagag Development Europe, Stratulat Albulescu Attorneys At Law, Paval Holding, NEPI Rockcastle, Filip & Company, EVO Properties, Anchor Grup SA, NNDKP, Vastint Romania, RRG – Real Estate Group, Popovici Nitu Stoica & Asociatii Crosspoint Real Estate, Lion’s Head, Coral Companies, COS, Carbon Tool, THETA Furniture & More, THE CONCEPT, RENOMIA Romania Gallagher, Optim Project Management, WeMat, Țiriac Imobiliare, Safety Approach, Alukönigstahl Romania, DRS Architects, Imobiliare.ro , Cushman & Wakefield Echinox , Brisk Group, Prima Development Group, Notarial Office EQUITY, Miss Green.

Speedwell appoints Yannick Van de Parre as Country Manager in Romania

Real estate developer Speedwell, announces the appointment of Yannick Van de Parre as Country Manager in Romania. In his new role, Yannick Van de Parre will work closely with Jan Demeyere and Didier Balcaen, Speedwell’s co-founders, to support and optimize the company’s operational management in Romania.

Last spring, the majority stake in Speedwell was purchased by Belgian real estate developer Straco Real Estate and Belgian investment company Baltisse.

Belgian real estate developer Straco Real Estate is owned by billionaire couple Frederica Verheyden and her husband Gino de Raedt with portfolio assets valued at EUR 1.68 billion. Baltisse is the company of Belgian billionaire Filip Balcaen, with portfolio assets valued at EUR 1.3 billion.

Source: Profit.ro

Romania still has some of the cheapest mortgages in the region

Romania has some of the cheapest mortgage loans in Central and Eastern Europe and at a similar level to those from Western Europe, considering the average wages at a national level and the costs of buying a one-bedroom apartment through a 25-year mortgage loan, reveals a market report issued by online mortgage broker Ipotecare.ro.

Thus, the average instalment for a mortgage required for buying a one-bedroom apartment in Bucharest holds a percentage of about 45% of the average wage registered at a national level, Romania having one of the best values of this indicator at a regional level.

Ipotecare.ro analysis considered the purchase of an apartment with a usable area of 50 square meters, with a value of EUR 92,500, through a fixed rate mortgage loan, of 5.45% per annum, this being the average interest rate of mortgage loans granted in Bucharest in the first quarter of this year.

The value of the indicator recorded in Bucharest is significantly better than that recorded in Athens, where the average instalment needed for buying the same apartment type represents 58% of the average wage registered at a national level in Greece, or Budapest, where the same indicator has a value of 74%. The average instalment recorded in Warsaw is about 94% of the average net wage recorded in Poland, while the average instalment required to buy a similar apartment in Prague is of 99% of the average wage registered in the Czech Republic.

”Mortgage interest rates in Romania reached a competitive level, being significantly lower than those registered in other countries in the region – for example, the average mortgage interest rate in Budapest is 7.3% and that in Warsaw is 8.3%. At the same time, the interest rates recorded in Romania are at a reasonable level compared to the levels registered in Western Europe, where the comparison is made with loans granted in Euros, not in the local national currency, the inflation rate in those countries being more than two times lower compared to Romania. Moreover, the costs of a credit transaction are much higher in Western countries: for example, the costs associated with the mortgage brokers are zero in Romania, where no commissions are charged, while in Western Europe countries additional costs of tens of thousands of Euros can be paid, considering all the commissions, taxes and insurances, all of which are calculated on property values at least double-triple compared to those in Romania”, said Alexandru Radulescu, managing partner SVN Romania | Credit & Financial Solutions, the exclusive partner of Ipotecare.ro.

The instalment / wage indicator registered in Bucharest is higher than that of the one registered in Berlin (39%) and of those registered in Rome and Madrid, where the calculated indicator has a value of about 41%. Thus, even if the mortgage interest rates registered in the mentioned cities and countries are lower by even two percentage points compared to those in Romania, the instalment / wage ratio values do not show such differences. At the same time, the Ipotecare.ro indicator has a much higher value in London, of 65%, and in Paris, of 85%.

In the analysis, the purchase of a one-bedroom mass-market apartment was taken into consideration, with a net surface of 50 square meters, delivered for at least 30 years and located outside the central and semi-central areas of the analysed EU’s capital cities. Also, a 25-year mortgage was considered, 15% downpayment and a fixed interest rate in the first five years, without including the associated costs, such as fees, taxes and insurances. To determine the average interest rate, the mortgage loans with fixed interest rates from the top three banks in each analysed country were considered.

Mortgage loans worth EUR 9.2 billion were granted in total in Romania in 2024, up 42% compared to 2023, according to the National Bank’s data – please note that this volume also includes refinancings, conversions, transfers and restructurings. The number of homes sold in Romania in 2024 was 6.6% compared to the result recorded in 2023, according to the statistics of the National Agency for Cadastre and Land Registration.

Libra Internet Bank finances Hexagon’s ERA project with over EUR 18 million

Libra Internet Bank finances Hexagon’s ERA project with over EUR 18 million, a residential complex built on the banks of the Nadăș River (Cluj County). The project developed by Hexagon includes over 300 apartments, commercial spaces, extensive green areas, pedestrian bridges, bicycle paths, playgrounds and essential community services, such as a nursery, kindergarten and medical facilities. Hexagon Properties purchased the Ferrosan factory in Cluj-Napoca from the British pharmaceutical giant GlaxoSmithKline in 2022.

Hexagon is a company active in the Romanian real estate market. The company’s portfolio includes urban regeneration projects for housing, offices, aparthotels, commercial spaces, logistics and industrial parks.

Hexagon Properties has as shareholders the real estate entrepreneur Florin Mariș, through Hexagon Equity, Raul Ciurtin, through Crisware Holdings, and the Dobra family, through Entire Real Estate.

Source: Profit.ro

Ministry of Development eliminates some fees for property owners

According to a press release from the ministry, the order establishing new regulations regarding the repeal of some fees paid by citizens for a public service, provided by an institution subordinate to the ministry, has been approved and sent for publication in the Official Gazette.

This concerns the exemption from payment of the fee for obtaining a land registry extract for information, when the applicant is the owner of the property, and at the same time, the fees for a cadastral plan extract and those for first registration will also be repealed.

Thus, from April 7, these services become free for owners who request the physical extract, at the counter, and, from June 2, the measure will also apply to owners who request these documents in the online system.

“The state is for the citizen, not the citizen for the state, and public services must be services provided to citizens, not profit-generating activities. We impose the state’s respect for citizens who pay taxes!”, said Minister Cseke Attila.

The minister also added that the tax will continue to be paid by individuals and legal entities requesting land registry extracts for real estate owned by another person.

Henkel joins the Equilibrium 2 community

Henkel, a global leader in both industrial solutions and consumer goods, is relocating its operations to the second building of the Equilibrium complex, confirming its attractiveness for companies in various fields of activity and with complex requirements.

The transaction was facilitated by iO Partners and the new tenants are expected to complete their relocation by the third quarter of 2025.

“Equilibrium 2 is more than just an office space; it’s a place where companies can grow, collaborate, and develop in harmony,” says Tamara Guleryuz, Leasing & Asset Manager at Skanska. “We are delighted that Henkel has chosen to join our community. This decision reaffirms our strengths, which include our expertise and experience, our commitment to sustainability, effective collaboration and communication, and our focus on safety. Henkel’s move enhances Equilibrium 2’s diverse tenant mix and significantly contributes to building a sustainable community grounded in shared ESG principles,” adds Tamara Guleryuz. “We are excited about this partnership and look forward to working closely with Henkel on this wonderful journey.”

“We are convinced that the new headquarters will stimulate collaboration, creativity and innovation, will induce a sense of well-being and a sense of belonging to the Henkel culture and values and will also offer all Henkel employees in Bucharest multiple functional benefits, in a modern workspace, which reflects current and future trends, including the ones in the field of sustainability, a very important one for our company.
The arrangement will be made in line with the concept „Smart Work” used by Henkel in all its locations around the world, which offers an attractive working environment with café and social spaces, meeting and projection rooms, collaboration area, quiet area, informal spaces and pays special attention to light quality, noise level and ergonomics.
I believe all these things will increase employees’ motivation to come to the office and make Henkel a much more attractive employer,” says Andrei Dumitrescu, The President of Henkel Romania.

Croatia to grant EUR 15 mln to INA for hydrogen project

The Croatian government will grant EUR 15 million to oil and gas group INA for its EUR 45.5 million project to establish green hydrogen production and distribution for the transportation sector.

The aim of the grant is to encourage the development of hydrogen-based economy and strengthen the decarbonisation of transport through the use of alternative fuels. The grant will be provided under the European Union sponsored Recovery and Resilience Facility.

INA will produce hydrogen to supply a network of at least ten filling stations across the country.

Hungarian energy group MOL is the largest shareholder in INA, followed by the Croatian government.

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