Location remains paramount for premium homebuyers in Bucharest

27
May
2025
News - Location remains paramount for premium homebuyers in Bucharest #Bucharest #Cloud9 #location #Răzvan Brasla #report #residential #Romania

by Property Forum | Report

Location, intelligent layouts, and a robust array of amenities are the paramount criteria for buyers seeking premium homes in northern Bucharest, shows a recent qualitative study commissioned by Cloud9, part of Romanian developer Alfa Group, and conducted by Unlock.
 


The study, conducted in April-May, shows a shift towards a lifestyle-centric approach to home selection.

Beyond the physical attributes of a home, the developer's reputation and the creation of a strong sense of community are also proving decisive factors in the purchasing process. These community needs extend to generous green spaces, comfortable common areas, and a variety of lifestyle-enhancing amenities such as nearby shops, cafes, sports facilities, and educational institutions.

Răzvan Brasla, CEO of Cloud9, says: "This study confirmed for us what we are seeing more and more in the market: buyers no longer just want a well-located apartment, they want a lifestyle. They are no longer choosing bedroom projects, but developments that offer them real amenities, tailored to their daily pace."

Alfa Group is currently investing €90 million in a new residential project in northern Bucharest that meets the principles of the "15-minute city".




Latest news


New leases

  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
  • Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • 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.


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