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Flexibility, transformation ability, shift to digital and the focus on safety are now common concepts that the markets and their stakeholders had to incorporate fast in the past two years. The real estate segment
has been always tightly connected with the economic and social swings and during the past years, had to
completely reinvent its business models and expectations. The past years have changed almost everything
for businesses, leaders, employees and the overall mindset of the real estate stakeholders.
In order to find out how 2022 looks from their perspective, THE DIPLOMAT BUCHAREST organizes the
second edition of REAL ESTATE CONFERENCE on June 20th, 2022.
The conference dedicated to overall real estate industry in Romania highlights the major trends of the office,
industrial and residential markets and explores how many existing trends have been accelerated, others
completely transformed while it spawned new innovative ones. Business models have changed in all industries.
The markets discover more flexible methods tailored to the customers' needs.
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Gold Partners
Partners
Supporting Partners
Media Partners
15:00 - 15:30
15:30 - 15:45
ALEXANDRA SMEDOIU, Partner, Deloitte Romania - THE STATE OF THE REAL ESTATE MARKET: CHALLENGES AND PERSPECTIVES IN CENTRAL EUROPE
15:45 - 17:30
RECOVERY & REDESIGNED BUSINESS MODELS
The office market is an asset class and it has faced cyclical and structural changes during the past two years. Strongly related to people- behaviour and market swings, it had to adjust and adapt to the new realities fast and effective. The global office market and subsequently the local office market reinvented the business models in leasing, development and administration of offices, anticipated the future trends and prepared for the future of work. As economic momentum continues to build and the labour market not only recaptures lost jobs but starts to create new ones, the outlook for the office market is estimated to improve.
- Main changes and evolutions in the office sector in 2022
- Challenges in addressing the needs of office developers and administrators in 2022
- Adjusting to the new realities of workforce needs and expectations: Solutions and balancing the offer with the need
- Changes in rental prices and main cities with potential to build offices
HYBRID WORKING
The workspace is based on three operational models: the centralized workplaces, decentralized remote organizations, and the hybrid “best of both worlds” approach. Once the employees gained a taste for remote working and flexible working spaces, this cannot be changed easily. Now, the employees have a choice rather than being compelled to old working styles. Organizations are clearly undergoing a mindset change with the idea of a centralized workplace.
- Return to office vs. hybrid flexible working model: Positive and negative aspects
- The voice of employees: What they say about returning to office?
- How will the office segment evolve in the next years based on current estimations?
INDUSTRIAL SPACES
An increasing number of companies are considering moving their production facilities from the Far East to Europe, particularly Central and Eastern Europe, due to lower rental and labour costs. Romania occupies a privileged place, getting in the sights of many manufacturing companies, due to one of the lowest human resource costs in the EU as well as the second position, after Poland, in terms of rental costs for the industrial and logistics segment, at a consistent difference with the rest of the CEE countries: Bulgaria, Hungary, Czech Republic or Slovakia.
THE GROWTH OPPORTUNITIES & INVESTMENTS
Favoured by the demand increase of e-commerce segment and the expansion of national retailer networks consolidated in previous years, the industrial spaces market has had a remarkable year in 2021 and the growth opportunities seem to keep pace also in 2022. The growth that has emerged in the context of the pandemic, such as the shortening supply chains between Asia and Europe, by moving production facilities to Central and Eastern Europe, as well as increased availability of local labor, are more than beneficial for Romania. The high expectations of tenants trigger the innovation potential of industrial spaces owners and builders that need to stay connected with these new realities in order to thrive and stay relevant in the competition game.
- How good has been 2022 so far to industrial space development?
- What are the main growth triggers for industrial and retail spaces market? What to expect in the next years?
- What industries are the main clients for industrial spaces?
- How did the rental prices evolve in the past years and what are the expectations for the next year?
- Funding and PNRR funds for industrial developments
GREEN AND SUSTAINABLE APPROACH
The global good practices and regulations with respect of the green and sustainable indicators to be met by organizations in all sectors are also applicable to industrial segment. The eco—friendly industrial spaces are all impacted by the necessity of reaching green parameters. The tenants are also sensitive to these indicators, as in their turn, need to address them in their business models. The next decade will also bring some major trends which will have a deep impact on the industry, from enforcing stricter environmental rules to a continuous push for automation in this sector.
- Trends in industrial and retail developments focusing on sustainability
- Incentives to build and develop for sustainable purposes
- The costs of being sustainable: How does it look for the industrial and retail segment?
- How sensitive are clients to the aspects of sustainable implementations?
17:30 - 18:30
20 Brailita Street, 1st Floor,
Sector 3, Bucharest
Email: office@thediplomat.ro
Phone: +40 722 523 535