Business Review Readers' Choice Realty Awards 2023: Celebrating Excellence in the Romanian Real Estate Industry

One of the highlights of last week’s Realty Forum, Business Review also unveiled the second edition of the Business Review Readers’ Choice Realty Awards. These prestigious awards recognized excellence in the real estate sector, showcasing the projects and companies that have made remarkable contributions to the industry.

The wait is finally over as Business Review proudly announces the winners of the highly coveted Readers’ Choice Realty Awards 2023. These prestigious awards recognize and celebrate outstanding achievements and innovations within the Romanian real estate market. With fierce competition and impressive contenders, the winners have truly set themselves apart with their visionary strategies and impactful projects.

CPI Romania – Best Office Modernization & Investments Strategy

CPI Romania takes home this award for its exceptional investments in the modernization of myhive IRIDE and myhive Victoria Park. Their strategic approach to office modernization has proven to be a game-changer in the market.

“The modernisation of the buildings in the local portfolio is part of the Group’s strategy and this recognition confirms the success of our strategic direction. I would like to thank all our partners for their joint efforts throughout these modernization processes and to thank our tenants for being and remaining with us in this beautiful story we are building for them day by day. Thank you very much Business Review for your recognition.” Said Andreea Cotiga, Head of Leasing Office at CPI Property Group Romania.

One United Properties – Best Involvement in Society & Urban Revitalization Strategy

One United Properties is recognized for its urban regeneration projects that have breathed new life into abandoned areas and buildings in Bucharest, redefining the cityscape and positively impacting the community.

Global Vision – Best National Expansion Strategy

Global Vision’s expansion into important Romanian cities and their ambitious plans for future growth have earned them the title of Best National Expansion Strategy.

Redport Capital – Best Long-Term Vision in Residential Development

Redport Capital’s visionary approach to residential development, particularly with The Level Apartments and Infinity Nord, showcases their dedication to transforming areas like Străulești into vibrant and modern residential communities.

“Thank you to the organizers for recognizing our dedication to fostering sustainable, innovative, and inclusive residential developments in Straulesti area – the northern part of Bucharest. Our long-term vision is not merely about constructing structures; it’s about creating timeless spaces where memories are born, families grow, and dreams find their foundation. In accepting this award for a long-term vision in residential development, we acknowledge the unwavering commitment of our team, partners, and stakeholders who share in our vision. Together, we have forged a legacy of excellence that will stand the test of time.” Said Bogdan Gubandru, Director at Redport Capital.

CTP Romania – Best Green Developer in Industrial Real Estate

CTP Romania’s commitment to green energy through the installation of a photovoltaic power station at CTPark Bucharest sets the standard for sustainability in the industrial real estate sector.

Hagag Development Europe – Best Restoration Project in Commercial Real Estate

Hagag Development Europe’s successful modernization and reconversion project, H Tudor Arghezi 21, stands as a testament to their dedication to preserving historical heritage while creating modern spaces.

“It feels both a joy and an honour to receive this award, especially since it recognizes our efforts to grow a niche segment less explored on the Romanian market, a segment where Hagag has placed significant investments over the years and where our company is perceived as a pioneer – namely, the renovation/redevelopment of old buildings with historical value. With H Tudor Arghezi 21 we revived and upscaled one of the city’s emblematic commercial properties, attracting not only the public’s attention, but that of the private business environment as well, all while actively contributing to the regeneration of downtown Bucharest and the renewal of the urban fabric as a whole.”, said Andreea Mihai, CEO of Hagag Development Europe

Vastint Romania – Best Commitment to Sustainability in Office Real Estate

Vastint Romania’s focus on delivering ESG-compliant office buildings that exceed tenant expectations in projects like Timpuri Noi Square and Business Garden Bucharest sets a new benchmark for sustainability in office real estate.

Skanska Romania – Best Office Experience and Resident Satisfaction Levels

Skanska Romania’s Equilibrium1 project has achieved unparalleled satisfaction levels, with 100% of office employees expressing extreme satisfaction with the services provided.

“What can be more rewarding than such a recognition for creating a great environment in Equilibrium 1, where our residents feel extremely good? Thank you Business Review for this award!” Said Anamaria Cretu, Asset & Leasing Manager Skanska.

Globalworth Romania – Excellence in Leased Office Space

Globalworth Romania’s impressive achievement of leasing 110,000 square meters of office space in the first half of 2023 showcases their dedication to meeting the demands of the market.

IULIUS – Best Sustainability Strategy in Real Estate

IULIUS’s coherent sustainability strategy and focus on green and sustainable developments have earned them recognition as leaders in sustainable real estate practices.

“Thank you, we are honoured to receive this award! The IULIUS Group is committed to integrating sustainability into all its operations, and it is reflected in all possible forms in our concepts, right from the design stage. We are pleased that our projects – large urban regeneration projects such as Palas Iasi and Iulius Town Timisoara, as well as recently completed projects such as Palas Campus – for which we have obtained, for the first time in Romania, a green credit from the World Bank – are appreciated. It is further proof that they are fulfilling their mission to have an impact for the benefit of the community and in the development of the sustainable future of cities, for today’s generations, but also for those to come. It is a confidence boost that this award gives us and energises us to move forward and develop equally beautiful and relevant projects for the general public.” Said the representatives of the IULIUS Group.

Tiriac Imobiliare – Most Luxurious Residential Project

Tiriac Imobiliare’s Stejarii Collection stands out as the greenest luxury residential development in Romania, offering a new standard of luxury living.

”Stejarii Collection residential project recognition as “Most luxurious residential project” honors us, at Tiriac Imobilare division, and acknowledges our commitment to provide excellence in everything we develop and innovate. Stejarii Collection represents a step forward to maintain our leading position in top residential standards for the next decades. The newest exclusive residential complex within Stejarii brand redefines the living experience through every detail. Nested by forest, with around 50% of the surface covered by lush vegetation, presenting state-of-the-art interiors, luxury finishes, exceptional quality furniture, a vast range of services and exclusive privileges for residents, Stejarii Collection elevates the concept of residential standards, redefines the boundaries of luxury, and becomes an extraordinary “Ground For Growth” that inspires and delights.” – Roxana Postolache, Sales Director Stejarii residential.

The Business Review Readers’ Choice Realty Awards 2023 celebrate the innovative and forward-thinking individuals and companies that are shaping the Romanian real estate landscape. Congratulations to all the winners for their exceptional contributions to the industry and a special thank you goes out to the Business Review readership who, through their interest and involvement, created the layout for these recognitions.

“These awards celebrate the exceptional achievements and dedication of our winners in shaping the Romanian real estate market,” said Catalin Alistari, GM of Business Review. “We congratulate each of the deserving winners and applaud their commitment to excellence and innovation in the industry.”

The Business Review Readers’ Choice Realty Awards 2023 are a testament to the exceptional vision and execution of the winners, as well as their significant contributions to the growth and development of the Romanian real estate landscape.

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