Colliers 100% increase of the property management portfolio in H1 2012

„Taking into consideration the dimension and complexity of Olympian Parks, we sought – and are happy to have found in Colliers – a prompt and proactive team that is able to manage efficiently our two industrial and logistic centers from Timisoara and Brasov, while adapting their services in order to respond to the specific needs of our tenants – companies operating in local and international distribution, dry or cold warehousing and light industry, with strict storage requirements”, a declarat Doina Badea, Asset Manager GE Capital Real Estate. The projects for which Colliers currently ensures the property management services comprise a total surface of 100,000 sq m, twice the value registered at the end of 2011, and the company’s development strategy aims at consolidating its expertise in the industrial, office and retail segments.

The green certification advisory services, launched in the second semester of 2011, succeeded in attracting the first three local clients, as follows: In 2011 – City Gate business center developed by GTC in Presei Libere square and Ana Tower office building, developed by GTC in partnership with Ana Holding (which has recently finalized the first phase of the green certification process by obtaining LEED Gold Core &Shell Precertification), respectively, in 2012 – Global City Business Park, the office building owned by Global Finance in the North of Bucharest. In this role, Colliers offers consultancy for LEED and BREEAM certifications for existing buildings, with the purpose of improving their performance and sustainability, as well as for new developments. Next to these projects, since the second quarter of 2012, Colliers offers management consulting services for World Trade Center, as well as for two other office building owned by Allianz Ţiriac in Bucharest.

„For each of the services we provide, our objective is to contribute directly to our projects’ performance. Thus, we aim at reaching the same positive results that Colliers obtained in other European markets, such as a 98% rent collection rate in the first days of the month or the reduction of energy usage by minimum 25% for green certified buildings. Moreover, we are confident that this impact will increase in the future, as Romania will align to the European initiatives for encouraging sustainable building, such as the policy of reducing property taxes for green buildings, recently adopted by the local authorities of Cluj-Napoca”, explains Ştefania Baldovinescu, Director in the Property Management Services team of Colliers International Romania.