Of the total portfolio it manages at present, 390,000 lettable sqm cover office space projects and 140,000 sqm cover industrial space projects.
“We started this activity from scratch ten years ago and, although the services provided are mostly the same, the way we carry out our activity and the way we operate is very different today, considering the know-how of the team, the knowledge and expertise amassed in the procedures developed, the implementation of the best practices, both locally and regionally, and our IT systems. We have invested a great deal of time and resources in the professional and personal development of our team, as well as in our software programs,” stated Stefania Baldovinescu, Senior Partner and Head of Real Estate Management Services & Land Agency within Colliers International.
The department consists of 23 experts covering a wide range of activities, from the operations management of buildings or tenant management, which covers tenants’ needs and demands, to financial services (invoicing, payments, revenue and costs, reconciliation) or reporting to owners, making sure all tenants meet their contractual obligations.
The department generates on average 15% to 20% of the company’s turnover. Two of the customers Colliers started to work with in 2011 – Allianz-Tiriac and Olympian Parks – are still included in Colliers’ portfolio, alongside other projects, such as office space projects, namely, Equilibrium, Business Garden Bucharest, The Office din Cluj-Napoca, The Bridge, Hermes Business Campus, Stefan cel Mare Building, Art Business Center, the AdamAmerica office space portfolio, the office space portfolio of Smartown Group, Allianz Office Building Brasov, Asirom Timisoara, as well as Olympian Park Brasov and Timisoara, Arad Business Park and ELI Park.
With a total portfolio of 530,000 sqm of office and industrial space managed currently, in 26 projects held by 14 owners, hosting over 350 tenants, Colliers International is among the top real estate consulting firms providing this kind of services on the Romanian market.