Țiriac Imobiliare appointed Colliers to obtain WELL Health-Safety certification for a mixed portfolio of projects, becoming the first developer to take this step.
Țiriac Imobiliare is the first developer in Romania to implement the WELL Health-Safety standard across its entire mixed portfolio, which includes Stejarii Residential Club – 1, the Țiriac Center office building, as well as projects currently under construction – the Țiriac Tower office building and Stejarii Residential Club – 2 residential development. WELL Health-Safety is the newest building rating system introduced by the International WELL Building Institute (IWBI) and helps owners and tenants adapt their buildings to the post-Covid-19 reality. Colliers International Romania, the only real estate consultancy company with a dedicated WELL specialist team, will coordinate the certification process.
The Covid-19 pandemic highlighted the critical role that building dynamics play in managing people’s health, safety, and well-being. Epidemiological risk increases in enclosed indoor spaces, where people spend approximately 90% of their time.
The WELL Health-Safety Rating standard was developed following recommendations from the IWBI Task Force on Covid-19, a group of approximately 600 experts including health professionals, virologists, academics, government officials, construction specialists, and real estate professionals. The certification applies to all types of operational buildings and focuses on operational policies, maintenance protocols, and emergency preparedness plans.
“In our efforts toward sustainable development, our main concern has been the safety and well-being of our tenants, which made the decision to certify the portfolio an easy one. Through this international certification, we validate the anti-Covid-19 measures implemented since the very beginning of the pandemic.” — Răzvan Enache, CEO, Țiriac Imobiliare
Globally, more than 7,500 buildings in over 20 countries have been registered for WELL Health-Safety Rating certification, including Yankee Stadium, the Empire State Building, RMZ Corporation, and Carrier/EMSI.
“The WELL Health-Safety Rating standard provides an effective tool to guide, validate, recognize, and amplify the efforts of building owners and tenants regarding people’s health and safety. In order to maintain certification, projects must undergo an annual renewal process.” — Ștefania Baldovinescu, Partner, Head of Real Estate Management Services, Colliers International











