PPF Real Estate adds solar systems to Bucharest offices

13
Sep
2023
News - PPF Real Estate adds solar systems to Bucharest offices #Bucharest #Crystal Tower #Metropolis #Mirela Ciovică #PPF #Romania #solar

by Property Forum | Office

PPF Real Estate’s two office buildings in central Bucharest, Crystal Tower and Metropolis, are now running partially on solar power following the installation of photovoltaic panels on their rooftops. 


Crystal Tower is a Class A office building with a leasable area of 15,000 sqm, while Metropolis has a leasable area of 16,600 sqm and a further 2,000 sqm of retail space. 

“We always look for ways to further improve the energy efficiency of our buildings,” said Mirela Ciovică, Head of Leasing at PPF Real Estate Romania. “Converting the roofs into photovoltaic panel sites reduces our carbon footprint and also reduces energy costs for tenants.” 

In Crystal Tower’s case, the PV panels were installed on the building’s heliport, which was unused. Meanwhile, Metropolis has already been running partially on solar panels since November 2022. 




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  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, 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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