BIG Shopping Centers, Israel’s leading shopping center development group, announced the sealing of the first deal for the group’s energy branch. BIG Energia Holdings Kft., BIG Group’s wholly owned subsidiary, engaged in the agreement to acquire all the shares of a Romanian company which holds the rights for the wind turbines erection project in the Braila district of Romania. The project is planned to incorporate seventeen turbines, each of 6-Megawatt capacity, estimated to produce 102 MW in total.

Office building Euro Tower, developed by Cascade Group in central Bucharest, has obtained the first LEED ZERO CARBON certification in Romania. 

Globalworth has announced a raft of changes in the board and appointed several non-executive directors with immediate effect.

Property developer Redport Capital and furniture retailer Mobexpert have jointly purchased a land plot of 44,000 sqm in northern Bucharest in a bid to support new residential investments. 

Property developer and investor PPF Real Estate has invested close to €1 million in redesigning the ground floor of Metropolis Center, the office building that it owns in central Bucharest. 

Iulius Mall, part of mixed-use project Iulius Town Timișoara, was awarded the LEED GOLD certification by the US Green Building Council as part of the developer’s efforts to line up its portfolio to international sustainability standards.

Romanian Impact Developer & Contractor says it got a loan of €4.25 million with a 4-year maturity from Garanti Bank to finance its working capital.

Property developer Prime Kapital will open two new shopping centres in Romania by the end of this week. Bârlad Value Centre, with a leasable area of around 20,000 sqm, opens for shoppers on November 30, while Prahova Value Centre in Ploiești, which spans 25,200 sqm, will open on December 3. 

Half of Romanian employees believe that the office needs to be redesigned to create different areas that give them more flexibility and multiple working options, depending on the type of work and collaboration needs, according to a survey carried out by Romanian developer Genesis Property. 

Real estate consultancy Avison Young has launched the X Factor, a guide for companies looking at the best way to attract and retain top talent for today’s evolving expectations of the workplace.