CBRE manages construction and fit-out projects of over EUR 80 million

While the current situation imposed by the COVID-19 pandemic has delayed various investments, CBRE’s Building Consultancy team, leader in the real estate consultancy market, continues to manage ongoing projects of over EUR 80 million invested in the medical, production and IT&C fields in different areas of Romania, according to Business-Review.eu.

The Building Consultancy department was established in 2012 by co-opting Gabriel Balaban, considered one of the most experienced technical consultants in construction. In the eight following years, Gabriel Balaban and his team have provided project and cost management services for investments of approximately EUR 800 million, with a total area of over 1.1 million sqm.

”The projects we currently manage through the Project and Cost Management services continue according to the schedule, there are no slowdowns or cancellations. These are investments with a cumulative value of over 80 million euros and almost 800,000 sqm in various sectors, from office space fit-outs to the construction of automotive components factories or healthcare centres, such as Enayati Medical City, the largest medical investment in Romania for the last 30 years,” said Gabriel Balaban, Head of Building Consultancy, CBRE Romania.

Among the projects currently being managed by the CBRE team are office space fit-outs for companies in the healthcare and IT&C fields, which are in the process of being expanded or relocated. Another sector where investments go even further during the pandemic is that of production, CBRE being involved in the management of construction projects for a car component factory, a lighting system manufacturer and multiple warehouses. The above-mentioned investments are developed in Bucharest and in the regional cities, such as Timisoara, Sibiu, Cluj-Napoca, Baia Mare and Iasi.
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