MOBILE PET & MOBILE VET NETWORK OF VETERINARY MEDICAL SERVICES AND PET PRODUCTS EXPANDS WITH TWO NEW LOCATIONS IN BUCHAREST

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Bucharest, November 2021: The network of veterinary medical services and pet products Mobile Pet & Mobile Vet expands with two new locations in Bucharest, of about 141 square meters and 137 square meters, to be opened in December and next year, respectively, two transactions intermediated by real estate consulting company Cushman & Wakefield Echinox. Also, Mobile … Continued

THE DEMAND FOR LOGISTICS AND INDUSTRIAL SPACES REACHED 562,000 IN THE FIRST 9 MONTHS OF 2021, A SLIGHT DECREASE

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Bucharest, November 2021: The demand for logistics and industrial spaces reached 562,000 sq. m during the first 9 months of this year, a slight decrease of only 3% compared with the same period of 2020, according to the Cushman & Wakefield Echinox real estate consulting company. The leasing activity was driven mostly by new demand, … Continued

CUSHMAN & WAKEFIELD ECHINOX STUDY: THE IMPORTANCE OF OFFICE SPACES REMAINS VITAL, WITH ONLY 10% OF THE EMPLOYEES WANTING TO WORK EXCLUSIVELY FROM HOME

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Bucharest, October 2021: Romanian employees who had to work more from home in the last 18 months due to the COVID-19 pandemic want to return to the office, given that more than half of them associate coming back to the office with “the return to normality” and experience a lack of socializing with their colleagues, according to … Continued

CLOUD 9 RESIDENTIAL PROJECT LOCATED IN THE AVIAŢIEI AREA REACHED A SELLING RATE OF 85% AFTER THE FIRST 8 MONTHS OF THE YEAR

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Bucharest, September 2021: The Cloud 9 residential project developed by Akcent Development in the Aviației area in the northern part of Bucharest has sold 85% of its apartments, with more than 700 units sold out of a total of 820 apartments by the end of August. Although during the summer there is normally a decreasing trend when it … Continued

CUSHMAN & WAKEFIELD ECHINOX OFFERS CONSULTING SERVICES IN CONSTRUCTION TO THE COLOSSEUM MALL DEVELOPER PERTAINING TO THE COMPLETION OF THE MOST IMPORTANT COMMERCIAL PROJECT OF THE YEAR IN BUCHAREST

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Bucharest, September 2021: The Cushman & Wakefield Echinox real estate consulting company has been appointed to provide consulting services in construction related to the current extension of Colosseum Mall, a project with a total area of ​​21,616 square meters. Colosseum Mall represents one of the most important commercial developments in Bucharest and it is rapidly … Continued

CUSHMAN & WAKEFIELD ECHINOX ASSISTED THE FORTRESS REIT INVESTMENT FUND IN THE ACQUISITION OF ELI PARK 1 LOGISTICS PARK IN BUFTEA

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Bucharest, September 2021: The Cushman & Wakefield Echinox real estate consulting company assisted the South African Fortress REIT in the acquisition of  ELI Park 1 logistics park in Buftea developed by Element Industrial and Dedeman. Located at a 4 kilometers distance from the Bucharest ring road and in the proximity of the future A0 highway, … Continued

MEAT2EAT OPENED A RESTAURANT ON THE GROUND FLOOR OF ONE TOWER OFFICE BUILDING

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Bucharest, September 2021: Meat2Eat, a gastronomic concept active since 2015  and operating a butchery in the Domenii area and  several burger shops, inaugurated its first steakhouse restaurant in a 400-square-meter space situated on the ground floor of  One Tower office building in Bucharest, one of the first LEED Platinum green buildings in Romania, part of … Continued

CUSHMAN & WAKEFIELD ECHINOX: 360,000 SQ. M OF LOGISTICS AND INDUSTRIAL SPACES WERE LEASED IN THE FIRST SEMESTER OF 2021, A 21% INCREASE

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Bucharest, August 2021: In the first semester of 2021, 360,000 square meters of logistics and industrial spaces were leased, a 21% increase compared to the similar period of the previous year, according to the Cushman & Wakefield Echinox real estate consulting company. 200,000 square meters were transacted in the first three months of the year, … Continued

THE OFFICE BUILDING MENDELEEV OFFICE 5 REACHES AN OCCUPANCY RATE OF 95%, BOTH CONTRACTUALLY AND PHYSICALLY

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Bucharest, August 2021: Mendeleev Office 5 office building, developed by Akcent Development in the center of the Capital and managed by the Asset Services team of Cushman & Wakefield Echinox, has attracted a new tenant, the advertising agency Jam Session Agency reaching an occupancy rate of 95%. Jam Session Agency leased the 7th and 8th … Continued

MODEST RETAIL DEVELOPMENT ACTIVITY IN THE FIRST 9 MONTHS OF THE YEAR, CONSISTENT PIPELINE FOR 2022

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Bucharest, November 2021: The development activity in the retail market has been modest in the first nine months of this year, with only three small projects delivered, but we have also seen new retailers and developers entering the Romanian market this year, according to the Cushman & Wakefield Echinox real estate consulting company. In total, … Continued

RETAIL PARKS IN ROMANIA PROVED TO BE TWICE MORE RESILIENT THAN SHOPPING CENTERS DURING THE PANDEMIC

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Bucharest, August 2021: Retail parks in Romania proved to be much more resilient during the pandemic than shopping centers, the turnover of the companies that own such properties decreasing by 9.5% during 2020, compared with a decrease of 20.6% in the case of shopping centers, according to an analysis of the Cushman & Wakefield Echinox … Continued

PAIN PLAISIR ARTISAN BAKERY WILL OPEN A NEW LOCATION IN J8 OFFICE PARK

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Bucharest, August 2021: Pain Plaisir artisan bakery will open in November 2021 a new location in Bucharest with an area of ​​68 square meters within the J8 Office Park project, developed by Portland Trust, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox. Founded in 2013 by Irina Stăncescu and Tom Rees, … Continued

CUSHMAN & WAKEFIELD ECHINOX: TRANSACTIONS TOTALING 300 MILLION EUROS HAVE BEEN CLOSED IN H1 2021, BACKED BY THE INCREASING OFFICE APPETITE OF THE AUSTRIAN INVESTORS

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Bucharest, July 2021: The total value of transactions with commercial real estate assets in Romania reached 298 million euros in the first half of 2021, a 23% decrease compared to the same period of last year, the market being supported primarily by the return of the Austrian investors’ appetite for office buildings, according to the … Continued

GRAM BISTRO AND SUENTO OWNERS OPEN A NEW RESTAURANT ON THE GROUND FLOOR OF THE MENDELEEV OFFICE 5 OFFICE BUILDING IN THE CENTER OF THE CAPITAL

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Bucharest, July 2021: Adriana Dănilă and Stelian Olaru, the owners of Gram Bistro and Suento by Gram restaurants, will open a new restaurant at the end of July on the ground floor of the Mendeleev Office 5 office building in Bucharest, a building developed by Akcent Development and managed by Cushman & Wakefield Echinox. The … Continued

SUPERBET OPENS ITS FLAGSHIP AGENCY IN THE CITYGATE OFFICE PROJECT IN BUCHAREST

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Bucharest, July 2021 – Superbet, the largest sports betting operator in Romania, present in over 1,000 agencies in the country, opened a new location within the City Gate project in Bucharest, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox. The opening of the newest Superbet location of 264 square meters is … Continued

A&D PHARMA, PART OF DR.MAX GROUP, LEASED A 9,000 SQM WAREHOUSE IN CTPARK SIBIU

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Bucharest, July 2021: A&D Pharma, a subsidiary of Dr.Max Group, which owns the phamacy chain with the same name, has leased a warehouse of 9,000 square meters in the CTPark Sibiu project located in the western part of the city, a transaction brokered by the Cushman & Wakefield Echinox real estate consulting company. This will … Continued

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS TEAM, RALUCA MIHAIU JOINS THE MANAGEMENT DEPARTMENT

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Bucharest, June 2021: Cushman & Wakefield Echinox consolidates its management team by recruiting Raluca Mihaiu, a specialist with over 15 years of experience in the real estate and construction sector, as CFO & Operations Manager. Raluca Mihaiu has a vast financial and operational experience, having worked over time for companies such as RFP Development Group, Semmelrock … Continued

CUSHMAN & WAKEFIELD ECHINOX ADVISED THE OREGON PARK LANDLORDS ON THE DEKRA TRUSTED FACILITY AUDIT AND CERTIFICATION PROCESS

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Bucharest, June 2021: The real estate consulting company Cushman & Wakefield Echinox advised the Lion’s Head group, the owners of the Oregon Park business center in Bucharest, on the DEKRA Trusted Facility audit and certification process, which represents a confirmation that the safety measures against the spread of Covid-19 taken by the Oregon Park owners are … Continued

CE IMPACT VA AVEA TEHNOLOGIA 5G ASUPRA BIROURILOR ÎN VIITOR, CÂND LUCRUL DE A ACASĂ A DEVENIT O OBIȘNUINȚĂ?

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Tehnologia inteligentă este prezentă peste tot în jurul nostru – de la ceasuri și telefoane smart, până la transmisiuni live sau drone. Pe măsură ce companiile se pregătesc de revenirea angajaților înapoi în “birourile viitorului”, adaptate condițiilor impuse de pandemia Covid-19, tehnologia 5G începe să devină un subiect din ce în mai discutat și implementat … Continued

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS TEAM: ȘERBAN ILIESCU JOINS THE ASSET SERVICES DEPARTMENT

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Bucharest, May 2021: Cushman & Wakefield Echinox consolidates its Asset Services team by recruiting Șerban Iliescu, a specialist with 18 years of experience in the real estate market, as Property & Technical Manager. Șerban Iliescu has previously coordinated real estate projects within companies such as Anchor Group, Portico Investment Romania or Forte Partners. As Property … Continued

Ce impact va avea tehnologia 5G asupra birourilor în viitor, când lucrul de acasă a devenit o obișnuință?

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Tehnologia inteligentă este prezentă peste tot în jurul nostru – de la ceasuri și telefoane smart, până la transmisiuni live sau drone. Pe măsură ce companiile se pregătesc de revenirea angajaţilor înapoi în “birourile viitorului”, adaptate condiţiilor impuse de pandemia Covid-19, tehnologia 5G incepe să devină un subiect din ce în mai discutat și implementat … Continued

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS LAND & INDUSTRIAL TEAM BY RECRUITING TWO SPECIALISTS WITH A TOTAL REAL ESTATE MARKET EXPERIENCE OF 22 YEARS

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Bucharest, May 2021: Cushman & Wakefield Echinox expands and consolidates its Land & Industrial team by recruiting Liviu Mărginean and Ștefan Rădeanu, two specialists with a combined experience of 22 years in the real estate market, within the department coordinated by Andrei Brînzea. Liviu Mărginean has seven years of experience in the real estate market, being … Continued

CUSHMAN & WAKEFIELD ECHINOX TAKES OVER THE MANAGEMENT OF TWO FUNSHOP PARKS DEVELOPED BY SCALLIER

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Bucharest, October 2021: The real estate consulting company Cushman & Wakefield Echinox has been appointed to manage two Funshop Park projects developed in Romania in Rosiorii de Vede and Focșani by the Polish company Scallier, one of the most dynamic investors in small and medium retail parks. Scallier’s first project in Romania has been opened at the … Continued

THE FIRST SIGNS OF A COME-BACK FOR THE OFFICE MARKET: THE PRE-LEASE TRANSACTIONS INCREASE AND THE RENEGOTIATIONS DECREASE

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Bucharest, May 2021: The volume of leasing transactions on the Bucharest office market increased in the first quarter of 2021 to 48,000 square meters, a 9% decrease from the similar period of the previous year, when the Covid-19 pandemic was still on its onset in Europe, reveals the research data of the real estate consulting … Continued