Dageco Expoziției Estate gets funding for PV panels

15
Mar
2023
News - Dageco Expoziției Estate gets funding for PV panels #Bucharest #Dageco Exhibition Estate #ESG #Nicolae Ciobanu #Romania

by Property Forum | Office

Business park Dageco Expoziției Estate is among the first the first office buildings in Bucharest that will produce renewable energy after the installation of 260 photovoltaic panels on the roof. The clean energy will also power two car charging stations. 


The total investment in the project stands at around 500,000 lei (€100,000) at is financed through the Electric-Up program. 

The Dageco Exhibition Estate project has a total area of 25,000 sqm, with four mixed-use buildings. The main building accommodates modern offices with a total area of 11,000 sqm and commercial spaces on the ground floor. 

“Reducing electricity costs and creating mobility facilities are the first criteria to be considered, against the background of the energy crisis and inflation. Office building owners and developers who will be more aware of this, will be the most competitive. It is a good time for owners of existing buildings to differentiate themselves from the competition through green energy production facilities, given that deliveries of new buildings are declining. Also, the location will play an important role, the tenants being interested in vibrant, verdant areas with easy access and short distances between home and office, but also to relaxation facilities, food, or leisure,” said Nicolae Ciobanu, Managing Partner- Head of Advisory at Fortim Trusted Advisors, which is the exclusive lease agent for the project. 

He added that the ESG movement will radically change the office market over the next three to five years. 




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  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.
  • Intersport is set to expand its Romanian footprint by opening its largest store within the Iulius network at the Rivus urban regeneration project, which is under development in Cluj. Spanning more than 1,000 sqm, the new location will serve as a flagship store.
  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


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