Posts - Cushman & Wakefield Echinox

Bucharest leads CEE in hotel revenue growth, up 12% in 2025

Bucharest, April 2026: Bucharest’s hotel market recorded the strongest performances in Central and Eastern Europe (CEE) in 2025, with revenue per available room (RevPAR) increasing by 12% year-on-year, outperforming the CEE-6 average, according to a market analysis conducted by Cushman & Wakef [...] Read more

Global AI company enters Romania market

Bucharest, April 2026: Cushman & Wakefield Echinox has advised Global AI, a leading provider of enterprise artificial intelligence (AI) and next-generation agentic platforms, on the lease of approximately 600 sq m of office space in Tower Center International, marking the company’s entering th [...] Read more

Frudisiac opens a restaurant in the Floreasca area in Bucharest, in a transaction brokered by Cushman & Wakefield Echinox

Bucharest, April 2026: Frudisiac, a Romanian brand active in the food and convenience retail segment, has leased the space previously occupied by the Gemini supermarket in Floreasca (one of most dynamic residential and office areas in Bucharest), where it opened a new restaurant. The transaction was [...] Read more

Companies in Bucharest spend on average more than €10,000/ employee for the office fit-out, 15-18% less than in Warsaw and Prague

Bucharest, April 2026: The average total office fit-out costs in Bucharest slightly increased in 2025 to €1,077/ sq. m, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the EMEA Fit-Out Cost Guide 2026. However, Bucharest remains one of the most [...] Read more

CW Echinox advised Lagardère Travel Retail in the renegotiation of its lease for the 2,300 sq. m headquarters in Globalworth Campus

Bucharest, April 2026: Lagardère Travel Retail, Romania’s travel retail market leader, has extended its lease for the 2,300 sq. m headquarters in Globalworth Campus within the Dimitrie Pompeiu office submarket in Bucharest. Cushman & Wakefield Echinox advised the tenant in the renegotiation p [...] Read more

Luxury brands in Bucharest generate over €150 million in sales, double compared to 2019; European market enters a recalibration phase

Bucharest, March 2026: Europe’s luxury retail market is going through a period of recalibration, marked by moderate sales growth but continued strong interest from brands in expanding their physical store networks. In this context, Bucharest is increasingly emerging as a key luxury retail destinat [...] Read more

The office stock in Romania’s regional cities has doubled over the past decade, yet still lags considerably behind Poland

Bucharest, March 2026: The modern office stock in Romania’s main regional cities – Cluj - Napoca, Timisoara, Iasi and Brasov - currently stands at approximately 1.08 million sq. m, while no office project has been delivered in these markets over the past two years, according to “Romania Office [...] Read more

AI is redefining how buildings and cities are perceived, with direct implications for Romania’s real estate market

Bucharest, March 2026: Artificial intelligence is starting to have a visible impact on the real estate market, influencing not only how buildings are operated, but also the criteria by which they are valued, leased and transacted. From offices and retail spaces to logistics and urban development, AI [...] Read more

German group IREKS acquires land near Bucharest for new headquarters and warehouse

Bucharest, March 2026: German group IREKS, an international producer of baking ingredients for bread and for confectionery baked goods, has acquired a land plot of approximately 13,000 sq m in Chitila, near Bucharest. The company plans to develop a new administrative headquarters including a custom [...] Read more

Cushman & Wakefield Echinox valued real estate properties of more than €7.7bn in 2025, in a market characterized by asset value polarization

Bucharest, March 2026: The valuation department of the Cushman & Wakefield Echinox real estate consultancy company reported solid activity levels in 2025, by assesing properties with a total leasable area of approximately 7.8 million sq. m and a cumulative value of more than €7.7 billion. The [...] Read more

Retail schemes outside Bucharest emerge as the most attractive real estate asset class in 2025

Bucharest, February 2026: Shopping centers located outside Romania’s capital city were the most attractive real estate asset class for investors in 2025, accounting for almost 40% of the total transaction volume, according to the Romania Marketbeat Investment H2 2025 report. Bucharest office build [...] Read more

Romania boasts the second largest retail stock in the CEE region, while still having the lowest density

Bucharest, February 2026: Retail developers continue to accelerate their expansion plans across Romania, as projects cumulating more than 750,000 sq. m GLA are currently in different construction and planning stages, being due for delivery until 2029, according to the Romania Retail Marketbeat Q4 20 [...] Read more

Office developers resume construction activity in Bucharest after two years with only one project delivered

Bucharest, February: The office development activity in Bucharest accelerated over the past year, with the volume of projects currently under construction exceeding 200,000 sq. m of gross leasable area, the highest level since 2021. At least eight new office buildings are expected to be delivered by [...] Read more

Record level of industrial and logistics Spaces leased in Romania in 2025; Total stock reaches almost 8 million sqm

Bucharest, February 2026: Demand for industrial and logistics space increased by 51% in 2025, reaching 1.275 million square meters, the second-highest level in the modern history of the local market, according to data from the real estate consultancy company Cushman & Wakefield Echinox. Most [...] Read more

Cushman & Wakefield Echinox Mandated to Sell HempFlax Netherlands Agricultural Portfolio in Romania

Attractive Investment Opportunity in Sebeș-Alba Iulia Region Bucharest, February 2026: Cushman & Wakefield Echinox has been exclusively appointed to market and sell the agricultural portfolio owned by HempFlax Netherlands, a leading cultivator and processor of hemp marking a significant oppo [...] Read more

The inflation, minimum wage rises and the increase of VAT have been having the highest impact on office operational costs

Bucharest, January 2026: The office operational costs in Bucharest have increased by approximately 17% over 2025, according to an analysis of the Cushman & Wakefield Echinox real estate consultancy company. The upward trend was driven by a combination of macroeconomic and operational factors, in [...] Read more

Cushman & Wakefield Echinox successfully completes the sale of Terranova Logistic Park

Bucharest, January 2026: Cushman & Wakefield Echinox announces the successful completion of the sale process for Terranova Logistic Park, located on Soseaua Bucuresti -Targoviste in the northern part of Bucharest, at the intersection with the city’s ring road. The property was acquired by a gr [...] Read more

The major real estate investors in Romania anticipate rental growth and demand stabilization for new spaces in 2026

Bucharest, January 2026: The leading investors and property developers in Romania anticipate rental growth throughout 2026, particularly in the office segment, while occupier demand shows signs of consolidation rather than expansion, according to the 4th edition of the Cushman & Wakefield Echino [...] Read more

Anna Maria Mazaraki, a renowned Greek jewellery designer enters Romania with the first store opened in ParkLake Shopping Center in Bucharest

Bucharest, December 2025: Anna Maria Mazaraki, a renowned Greek jewelry designer, opens the first store in Romania within the ParkLake Shopping Center in Bucharest, developed by Sonae Sierra, through a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company. AM [...] Read more

Cushman & Wakefield Echinox completes the sale of Zenith Conference & Spa complex in Mamaia to the owners of Steaua de Mare Hotels & Resorts

Bucharest, December 2025: Cushman & Wakefield Echinox announces the successful completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the most prominent hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nor [...] Read more

More than 80% of Romania’s largest office occupiers spend less than 5% of their turnover on modern office spaces

Bucharest, December 2025: The largest office occupiers in Romania have annual estimated occupancy costs exceeding €260 million for the modern office spaces they are currently leasing (headquarters and secondary offices), representing less than 1% of their cumulative turnover achieved in 2024, acco [...] Read more

Allianz-Tiriac Asigurari completes the sale of its two former headquarters in Bucharest to Praktiker Real Estate and Primavera Development

Bucharest, December 2025: Allianz-Tiriac Asigurari, one of the leading insurance companies on the local market, has successfully completed the sale of its two former headquarters located in the Victoriei Square area of Bucharest, through transactions brokered by the Cushman & Wakefield Echinox r [...] Read more

Cushman & Wakefield Echinox appointed exclusive advisor for the sale of former Electroputere Craiova Industrial Platform

Bucharest, December 2025: Cushman & Wakefield Echinox, a leading real estate consultancy, has been appointed as the exclusive advisor for the sale of a 37-hectare land plot part of the former Electroputere industrial platform, situated in the central-eastern area of Craiova. This strategic prope [...] Read more

Premium residential market prices have doubled over the last few years amid an extremely limited supply

Bucharest, November 2025: The premium residential market in Bucharest has experienced a significant price surge over the last few years, reaching record levels, particularly in highly sought-after areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți. This trend is the result of a combina [...] Read more

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