RPC Talks with Mariana Garștea, General Manager, Sixense Romania

RPC Talks with Mariana Garștea, General Manager, Sixense Romania 2560 1999 ROMANIA PROPERTY CLUB

RPC Talks to Mariana Garștea

General Manager, Sixense Romania

Profile of the company

We’ve been on the Romanian market since 2010, when Sixense Group, a global leader in the field, opened a local branch, primarily motivated, at that time, by a series of complex projects, including the First Section – Line 5, and Line 4 of the Bucharest metro.

Briefly put, we operate in the field of structural health of the built environment, or in other words, we provide expertise and digital solutions for monitoring the behavior of constructions over time, during both construction and operation.

Our portfolio includes numerous projects from various industries. We work both in the private sector, where we have significant expertise in office, retail, and industrial categories, and in the public sector, where we handle complex infrastructure projects – transportation, sports, or healthcare, to name just a few.

Most representative projects in the portfolio

Some of our most representative projects, to name just a few examples, are: the First Section – Line 5 of the Bucharest Metro, the Daneș and Sighișoara Tunnels, Line 4 of the Bucharest Metro, the New Agigea Bridge, Arcul de Triumf National Rugby Stadium, Steaua Football Stadium, Târnava Bridge, Ulmeni Bridge, Neo Floreasca Lake, Aviației Tower, The Light, Millo 6, Tandem, Sema Park, Țiriac Tower, Ana Tower, Green Court C, and many others.

Solutions for real estate sector

For real estate, we offer comprehensive solutions for monitoring construction projects over time, both during execution and in operation. What does this mean? It means that through what we do, we ensure that a project is safe, behaves as originally designed, and meets all quality standards.

During execution, we ensure that neighboring constructions are not affected and that all work on the new construction proceeds safely. And in operation, we ensure that the building behaves within parameters, is not affected by risks (vibrations, extreme temperatures, wind etc., to name just a few), and does not degrade (with the appearance of cracks or settlements, as frequent phenomena) or become a structural hazard to the community, given the natural aging process it undergoes.

Sometimes, when justified, monitoring the behavior of constructions over time may even involve implementing an automated, real-time monitoring solution. This means that sensors are deployed in the field, transmitting data to a digital platform, which automatically transforms them into valuable, useful information, easily understandable for all stakeholders involved in the project. Additionally, this system also entails real-time alerts whenever there is a danger or safety thresholds are exceeded. All of these help us intervene proactively, before a major incident or accident occurs. This process also helps streamline the investment and better plan maintenance and upkeep operations for a building.

Development plans

We are currently in a growth phase, but we aim for this scaling to be as healthy and sustainable as possible, without compromising the quality of services we offer and the work we do. In 2023, our business grew by 50%, and we are pleased to have now a team of over 25 people, which has doubled in the past year. Also, our concern for quality and the rigor of what we do – especially because we work with sensitive and critical information for the current state of the built environment – has led us to certify on several ISO standards, aiming to align internally with the same work standards. And when I talk about these certifications, it’s important to say that for us, they are not just obtained „on paper”, but we actually follow all the procedures, protocols, and recommendations that come along with them.

And because we are aware that the people in our team are the most important in the work we do – with their ability to be partners, to explain and guide – we focus heavily and invest in training and development, in order to provide them with all the skills they need to carry out their work in the best and most customer-oriented manner possible. In our profession, in addition to exceptional mastery of new technologies and a deep understanding of technical information, soft skills and good interaction with others are also needed.

Many important things are coming up for us this year, both in terms of developing our office in Bucharest and the projects that await us. We will provide more information very soon about all of these.

FIA Imobiliar BT Property enters the retail market

FIA Imobiliar BT Property enters the retail market 1600 1200 ROMANIA PROPERTY CLUB


BT Property Alternative Investment Fund has acquired Funshop Park Turda (Cluj) from the Polish group Scallier. The transaction marks the fund’s entry into the retail market, where it aims to expand.

Funshop Park Turda, a retail park, has over 9,000 sqm of leasable area and BREEAM certified buildings, according to international standards.

FIA Imobiliar BT Property, managed by BT Asset Management SAI SA, a company of Banca Transilvania Financial Group, is aimed at professional investors and is established for an indefinite period.

The fund was launched in 2022 and currently has assets of EUR 32 million.

Its portfolio comprises premium real estate in Romania with a leasable area of over 40,000 sqm. It is the first alternative investment fund specialising in real estate investments authorised in Romania by the Financial Supervisory Authority.

RPC Talks with Daniel Popa, Country Manager, Reynaers Aluminium

RPC Talks with Daniel Popa, Country Manager, Reynaers Aluminium 2560 1834 ROMANIA PROPERTY CLUB

RPC Talks to Daniel Popa

Country Manager, Reynaers Aluminium

Reynaers on the Romanian market

“Present on the local market since 2006, in Romania we are in the top 3 suppliers of aluminum solutions. We have grown continuously, we have developed our local infrastructure, and we will continue to do so in the following years. Reference works include One Mircea Eliade, One Charles de Gaulle, One Herastrau Plaza, Aviatiei Park, Campus 6, Tiriac Tower, Record Park, Sema Park, Oregon Park, Brasov Business Park, Promenada Mall, Afi Business Park, Amber Forest, One Rahmaninov, Maurer Panoramic, The Light.”

What solutions does Reynaers propose for the local community of developers from Brasov?

We deliver high-tech products backed by complex research and development processes, testing and know-how that meet the highest standards and quality requirements, and we are committed to delivering unique and sustainable solutions that satisfy the most stringent requirements, both aesthetic and efficiency.

Brasov is an important business market for us, a city with high potential for new developments, and we plan to open a new Reynaers Experience Center here, which will give partners the opportunity to interact directly with our universe.

The new center will have a team of professionals ready to advise customers, to offer them the best design, functionality, and performance solutions. Our locations combine both the technical and design aspects of the Reynaers brand and have been designed to serve architectural firms, developers, investors, general contractors, manufacturers, and, last but not least, end users.

The portfolio of products and solutions that will be found here includes recently launched innovations, from the latest extensions of Reynaers systems for windows and doors, sliding doors and curtain walls, as well as the newest range of accessories, all in a diverse palette of colors in harmony with new architectural trends.

Main challenges and opportunities for the year ahead?

The demand for sustainable products is constantly increasing, which for us is not something new, but rather an advantage. All our products follow the principles of circular economy, designed to provide the best quality for as long as possible, from manufacturing to end of life.

Also, we are the only suppliers on the local market that offer 10-year product warranty certificates. Another advantage is the increase in digitalization, where we already offer products for smart homes, adapted to the latest technologies in the field.

Brasov residential market enters new development phase

Brasov residential market enters new development phase 4835 3237 ROMANIA PROPERTY CLUB


An analysis with the support of

Brasov residential market has become the largest regional residential market, and the second one at national level, following Bucharest & Ilfov. This is no surprise given the strategic location in the center of the country, attracting residents from surrounding areas, and the touristic potential of the area.

The most developed areas are Bartolomeu, Tractorul and Noua-Darste. The inauguration of the international airport last year has opened the potential of the area and Bartolomeu district is expanding to the border with Ghimbav. With the support of our partner we have drafted an analysis for the new residential market in Brasov based on the data from January and February 2024.

Comparing 2024 with 2023, the biggest increase is for two rooms (16%), followed by three rooms (9%). The demand for four-room apartments has dropped by 4%, while the demand for studios has seen the biggest decrease, by 11%.

In the first two months of 2024, the biggest increase of new units’ offer is for four rooms apartments (33%) followed by two rooms (14%). The three rooms offer has raised by 6%, while the offer for studios had dropped by 4%, compared to the previous year.

The prices have maintained a steady increase, with 12% in 2024 vs 2023. Medium price for new units is 2,053 Euro/net sqm + VAT.

Brasov land market overview

Brasov land market overview 7240 7240 ROMANIA PROPERTY CLUB


An analysis by Florin Ciche, Remax Central

The city of Brasov continues to develop real estate in all segments and the future perspective looks very good.

From the point of view of residential developments, new areas of interest have opened up today. If until now the strongest development was in the Tractorul district, today there is new interest in other areas.

One of them is the western part of the city. The opening of the Brasov Ghimbav International Airport has opened the potential of the area and the Bartolomeu district is expanding outwards to the border with Ghimbav.

A second area is the southern part of the city, the entrance from Bucharest, namely the Noua district and the Calea Bucuresti commercial area up to the border with the Astra district. The reconversion of the former Roman platform, as well as the vacant land in the immediate vicinity have come to the attention of developers and in the near future will appear new mixed projects, residential and partially retail and office.

Industrially, the main direction of development of Brasov is towards the West, obviously due to the development of infrastructure, the future motorway to Sibiu, and the airport, next to which the North area, the exit to Targu Mures is becoming more and more sought after for industrial/logistic developments.

Retail land follows the other developments, so the West, North and South areas of the city still offer land where retail parks can still be developed.

Prices differ according to existing regulations.  

A record number of 1,300 hotel rooms are under development in Brasov

A record number of 1,300 hotel rooms are under development in Brasov 2560 1707 ROMANIA PROPERTY CLUB


The impact of last year’s international airport inauguration in Brasov is visible: a record number of 1,300 hotel rooms, internationally affiliated, are under development with delivery dates between 2024 and 2028.

Currently, the hotel market in Brasov County has 128 units, out of which 56 are in Brasov and Poiana Brasov. Only 5.2% of total number of rooms are 5-stars, while 44.5% of total number of rooms are 4-stars and 44.01% of total number of rooms are 3-stars.

Source: Ministry of Tourism, Total number of hotels in Brasov County

Source: INS, Est Hospitality

The information for Brasov, gathered by RPC from Est Hospitality, a tourism consultancy company, shows that:

  • In 2023, tourist arrivals and overnights are still below the levels of 2019.
  • As compared to 2022, the market increased with 10% at arrivals and overnights.
  • The trend is very positive, and it is expected to continue in the coming years due to increased traffic at Ghimbav Brasov International airport, the pipeline of new branded hotels, the number of festivals, increased number of MICE events (Meetings, Incentives, Conferences and Exhibitions).

Mircea Draghici, Managing Partner, Est Hospitality: “The number of hotel rooms internationally affiliated will increase with 22.1% in the next three years. The number of hotel rooms on 5-star category will increase with 128% over the next three years.”

Strategic location and tourism potential allure real estate investors

Strategic location and tourism potential allure real estate investors 1618 1080 ROMANIA PROPERTY CLUB


With a population that slightly exceeds 550,000 inhabitants, Brasov offers one of the most livable urban centers in Romania. In addition to its natural beauty, well-preserved historic district, and numerous resorts within a short driving distance, Brasov enjoys a supportive public administration that actively works toward its citizens’ welfare.

The City Hall focuses its attention on a series of initiatives meant to boost the city’s livability and development, working with its pre-existing advantages. In terms of leisure and green areas, investments in two new parks, running and bicycle tracks, a multisport facility, a new UEFA standards stadium, and 43 sports courts spread across the city are considered an investment in the health system. While already the second most popular destination after Bucharest for foreign tourists and the go-to destination for winter sports, initiatives such as building a long bobsleigh are meant to increase the attractiveness all year round. Cultural initiatives are also an important factor in the city’s appeal; thus 1.2 million EUR are being granted in 2024 to projects.


Surrounded by lush green mountains, the air quality and sustainable development represent a priority to its citizens. Thus, more than 90% of the car-sharing fleets are EURO 6, hybrid, or electric vehicles, with further investments in sustainable public transportation and intermodal nodes. Most recently, a 20-year strategy for a green city has been brought to public debate. Further proof of the focus on sustainability is the EU-funded photovoltaic park under construction in Stupini, meant to ensure 90% of the schools, public institutions facilities, and public lighting needs.

The public administration emphasizes long-term development and work-life balance by building no fewer than 13 preschool facilities spread across the city, particularly focusing on the new residential areas. Moreover, to build relevant working skills, the City Hall invested in a 20 million EUR dual-educational campus in partnership with the most significant employers in the region. Thus, the public authorities ensure that essential training in automotive, mechatronics, airspace, IT, and hotel, leisure, and restaurants is being provided to the local workforce, at a level relevant to the industries. This capacity is meant to complement a 20,000 / year student population.

The focus on economic development is obvious considering the series of invites sent to embassies and consulates (US, France, China) to visit the county and learn about its advantages. Moreover, Brasov is one of the few Romanian cities to have a stand at EXPO REAL for two consecutive years. The public administration clearly understands the role real estate investors play in the economic development of the city, by providing modern work infrastructure.


At a county level, the most important investments are road transportation related. One of the biggest priorities is working on the National Road 1 bottleneck, by creating an alternative route. 80 million EUR were allocated towards studies and eminent domain acquisition. 200 million EUR funds are sustained by the European Bank of Investment for portions of the A3 highway, connecting Brasov to Targu Mures, Cluj, and Oradea.

However, the most impactful development has been the opening of Brasov International Airport. While still under fine-tuning to streamline operations, critical infrastructure to support tourism and cargo shipment is finally live, after decades of efforts.

This recent development, along with the public authorities’ pro-business and pro-citizens agenda creates the basis for sustainable development. Numerous residential and short-term letting compounds are under permitting and/or development, alongside high-end resorts. Most recently, Kempinski announced a partnership for a 5-star resort in Poiana Brasov.

The authorities partnered with the Untold festival organizers to create Massif, a music festival located in Poiana Brasov, catering to a younger audience to diversify its cultural offerings and generate interest from new visitors.

The city attracted important international real estate investors such as Nhood or AFI Europe, while Speedwell bought the former Tino shoes factory in Bartolomeu neighborhood, planning a mixed-use scheme.

Nhood delivered in Brasov one of the largest mixed-use schemes from Romania, on the former Tractorul industrial platform: the shopping center Coresi spreads over 24 hectares, being inaugurated in 2015, the residential component comprises 4,700 apartments, while 60,000 sqm of offices were finalized, with potential up to 100,000 sqm. Up to now, 350 million EUR have been invested at Coresi, while the owner revealed plans to allocate another 350 million EUR for development up to 2030.

The City Hall announced last year that it signed a contract with the Order of Romanian Architects regarding the conversion of the former industrial platform Rulmentul, with an area of 36 hectares.

The well-balanced economic development in Brasov is illustrated by the low unemployment rate (2.6% vs national average of 5.4%) and the 14% increase in the average wage to 1,370 EUR gross (inflation at 9.8% at the national level, thus in real terms increase of 4%+).

Brasov is an excellent alternative to Bucharest-Ilfov, Cluj, Timisoara, and Iasi. Together with Constanta, Brasov may lead the wave of new poles of accelerated development in Romania.