What ambitions do you have within RPHI Romania, and what stands as the country’s tallest office building?

At SkyTower, our focus is on ongoing innovation to enhance the building’s potential, providing a top-notch working environment. Moreover, given SkyTower’s role in fostering the northern business hub’s development, we aim to foster collaborations between business and social communities.

How did the global pandemic impact your business and Romania’s office segment?

The pandemic catalyzed significant economic and social transformations. Despite the economic downturn, it spurred constructive shifts like heightened health responsibility and social solidarity. Digitization, innovation, and private sector collaboration surged, and while remote work gained prominence, office presence remains crucial albeit with a hybrid model.

Could you detail some ongoing projects and the strategic approach RPHI employs in Romania?

Our strategy revolves around SkyTower, driving development in the Aurel Vlaicu – Pipera area. We’re nurturing the SkyTower community, enhancing facilities, and securing the LEED Platinum Operations and Management certification. Upcoming investments include a revamped lobby with high-tech features, a Convention Center, and an urban garden linked to the esplanade, promoting a multifunctional community space.

How appealing is Romania’s real estate market for future investments?

Romania’s real estate sector boasts technological integration and innovation, evidenced by last year’s record transactions. While 2021 might not replicate these figures, the market remains attractive, especially in logistics, office, and residential segments that have shown consistent growth since 2020.

What priorities will RPHI focus on in the next 2-3 years?

The current environment is optimistic due to successful vaccination campaigns, enabling freer movement and resumption of regular activities. We aim to enhance adaptability and add greater value to our service portfolio. Initiatives like the SkyCreatives program and the Spaceflow application underline our commitment to fostering collaborative and innovative communities around SkyTower.

Any message for investors considering Romania’s real estate market?

Romania’s market trend aligns with sustainable integration, emphasizing future environmental impact. The market’s attractiveness lies in its conscientious development. It’s our responsibility as developers to continue constructing projects with a sustainable vision at the forefront.

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