by Property Forum | Office

Romanian developer Țiriac Imobiliare has appointed Colliers International to obtain the WELL Health-Safety certification for a mixed portfolio of projects, being the first developer in Romania to do so.


Țiriac Imobiliare is the first developer to implement the WELL Health-Safety standard in Romania for its entire mixed building portfolio, consisting of the Stejarii Residential Club - 1, the Țiriac Center office building, but also the projects under construction - Țiriac Tower office building and the Stejarii Residential Club -2.

WELL Health-Safety is the newest building certification system introduced by the International WELL Building Institute (IWBI), helping landlords and tenants adapt their buildings to the post-COVID-19 reality. Colliers International Romania, the only real estate consulting company with a team of WELL specialists, will coordinate the certification process of the entire mixed building portfolio held by Țiriac Imobiliare.

The WELL Health-Safety Rating standard emerged following recommendations from the IWBI Task Force on COVID-19, a group of about 600 health experts, virologists, academics, government officials, construction specialists and real estate professionals. The WELL Health-Safety certification addresses all types of buildings in use is evidence-based and focuses on adopting operational policies, implementing maintenance protocols and developing contingency plans.

The desire to certify the entire portfolio based on this standard appears in the context of a constant concern in the direction of sustainability, initiated by Țiriac Imobiliare through the LEED Core and Shell certification of the Țiriac Tower building. The LEED certification process is also coordinated by the Colliers International Romania team. At the same time, Țiriac Imobiliare aims to obtain the BREEAM Excellent rating for Stejarii Residential Club - 2.

“In our efforts on sustainable development, the main concern was caring for the safety and well-being of tenants, so the decision to certify the portfolio was easy. Thus, through this international certification, we validate the anti-Covid-19 measures implemented since the beginning of the pandemic. Regarding buildings under development, we follow the same strategy: efficient and safe buildings from the perspective of the health of our tenants. Thus, we rely on the collaboration and involvement of the Colliers Romania team to be with us in the WELL Health-Safety certification process," says Răzvan Enache, CEO of Țiriac Imobiliare.

Currently, no building in Romania has obtained this type of certification, but globally there are over 7,500 buildings in over 20 countries, registered for WELL Health-Safety Rating certification.