According to Colliers International Romania, at the end of last year the total office projects that were LEED of BREEAM certified totalled 1.3 million rentable square meters, a value that represents almost half of the total number of modern office spaces in Romania.
Colliers International found that in 2017, 39 green certificates were awarded, compared to 29 in 2016, for real estate projects that are either in development or already completed. Of these, 24 (61 percent) were office buildings, a smaller percentage than the previous year (with 80 percent of the total) as a result of the fact that the certification activity has intensified on the retail segment as well (31 percent of the total certification 18% in 2016).
Nationally, real estate projects have grown significantly in the past years, and so did the interest for green certificates. While Bucharest has 1.7 million sqm of LEED or BREEAM certified buildings, other regional cities have a total surface close to this level. According to Colliers, in second place is Cluj-Napoca (500,000 sqm), followed by Timisoara (445,000 sqm). It is estimated that the total surface of certified buildings in all regional cities will exceed the Capital’s total.
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