ARENA MALL IS TRANSFORMING, BECOMING A LANDMARK SHOPPING AND ENTERTAINMENT DESTINATION FOR BACAU RESIDENTS ALL AGES

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Bucharest, October 2018: Arena Mall shopping center in Bacau, a reference for the retail market in the Moldova region, will enter into a comprehensive extension and modernization process that will result in a 60% increase of its leaseable area and in the construction of a multi-storey car park. Arena Mall acquired a land of 13,448 … Continued

COMPANIES IN BUCHAREST HAVE MONTHLY OFFICE OCCUPANCY COSTS RANGING BETWEEN 175 AND 500 EUROS PER EMPLOYEE

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Bucharest, October 2018: Companies in Bucharest that operate in modern office buildings have monthly occupancy costs ranging between 175 and 500 euros per employee, according to an analysis of Cushman & Wakefield Echinox real estate consultancy firm. The analysis takes into account rental costs, service charges, operational costs (water, electricity, internet, consumables, cleaning, reception), as well … Continued

A TOTAL LAND AREA FOR THE DEVELOPMENT OF 8,000 RESIDENTIAL UNITS AND 180,000 SQUARE METERS OF OFFICES HAS BEEN TRANSACTED IN BUCHAREST

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Bucharest, September 27, 2018:  The land in Bucharest continued to attract the interest of real estate developers this year, considering that in the first nine months of 2018, lots of a total surface of over 60 hectares can be developed for around 8,000 dwellings, 180,000 sq. m. of offices and commercial spaces, according to an … Continued

THE OFFICE STOCK IN THE MAJOR REGIONAL CITIES HAS DOUBLED OVER THE PAST FIVE YEARS AND WILL EXCEED THE 1 MILLION SQ M THRESHOLD IN 2019

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Bucharest, September 13, 2018: The office stock in the major regional cities – Cluj-Napoca, Timisoara, Iasi and Brasov – has doubled over the past five years and will continue to grow at an accelerated pace, being expected to exceed the 1 million sq m threshold in 2019, according to the Cushman & Wakefield Echinox Office … Continued

MORTGAGE LOANS ON A RAPID RISE FOR 8 STRAIGHT SEMESTERS: THE ROMANIAN RESIDENTIAL MARKET IS WITNESSING ITS BEST PERIOD IN HISTORY

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From an economic standpoint, Romania is currently witnessing one of the best periods in recent history: the Gross Domestic Product (GDP) has entered the eighth consecutive year of growth, the number of employees and wages are rising from one month to another, with the biggest threat to the new investment projects being the labor shortage. … Continued

C&W ECHINOX LAUNCHES THE FIRST ROMANIAN TRAINING ACADEMY DEDICATED TO THE TENANTS OF RETAIL AND OFFICE BUILDINGS

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Bucharest, September 2018: The Property Management Department of Cushman & Wakefield Echinox has expanded its service line by creating the first training academy in Romania, called Drawing Business Value Academy, dedicated to retail and office buildings occupiers, in partnership with DBV Management & Training, a training and consulting company. The aim of the academy is to … Continued

THE NUMBER OF EMPLOYEES IN MODERN OFFICE BUILDINGS IN BUCHAREST COULD REACH 270,000 BY THE END OF THE YEAR

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Bucharest, August 2018: The number of employees in Class A and B office buildings in Bucharest has reached about 253,000 at the end of the first semester of 2018, a slight increase compared to the end of 2017. In H1 2018, the number of employees working in companies with headquarters in modern office buildings in … Continued

EUROPEAN SHOPPING CENTRE COMPLETIONS FALL 23% AS FOCUS SHIFTS TO QUALITY OF SPACE AND PLACEMAKING

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8 million sq m of new shopping centre space was delivered to the market in 2017, 23% less than in 2016 Total European shopping centre floorspace stood at 166.5 million sq m at the start of 2018, up 2.3% on 12 months previously Development pipeline shows 6.6 million sq m set to complete during 2018 … Continued

CU TRANZACŢII IMOBILIARE DE 386 MIL. EURO ȊN S1 2018, PIAŢA LOCALĂ A FOST MAI ACTIVĂ DECȂT CELE DIN UNGARIA ŞI SLOVACIA

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Bucureşti, August 2018: Volumul investiţional din primul semestru al anului 2018 s-a ridicat la aproximativ 386 de milioane de euro, ȋn scădere cu 27% faţă de perioada similară a anului precedent, cȃnd pe piaţa locală s-au realizat tranzacţii ȋn scop investiţional cu o valoare de 530 de milioane de euro, potrivit calculelor şi estimărilor Cushman & … Continued

HOW ARE OFFICE BUILDINGS CHANGING IN ORDER TO KEEP UP WITH THE NEW GENERATIONS’ EMPLOYEES

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We spend an average of 2,000 hours per year at the office, more than anywhere else, unless we consider the hours spent sleeping.  It is not a novelty, but what is interesting to observe is the difference of approach between our parents’ generation and us, the millennials, who do not want to work anyway! “Work … Continued

OPERATORII DE SPAŢII DE CO-WORKING INTRĂ PENTRU PRIMA DATĂ ȊN TOPUL CELOR MAI MARI CHIRIAŞI NOI DIN BUCUREŞTI

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Bucureşti, Iulie 2018: Operatorii de spaţii de co-working au ȋnchiriat ȋn prima jumătate a acestui an spaţii de birouri de aproape 20.000 de metri pătraţi in clădiri existente sau aflate ȋn dezvoltare ȋn Bucureşti, avȃnd o pondere de 13,4% ȋn volumul total de tranzacţii, estimat la aproximativ 150.000 de metri pătraţi, potrivit datelor Cushman & Wakefield … Continued

BR ANALYSIS. THE LUXURY RESIDENTIAL MARKET IN ROMANIA AND THE MOST EXPENSIVE HOMES IN THE COUNTRY

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Romania has a small, but relative strong luxury residential market, beginning with pre-war refurbished buildings and continuing with small 5-10 flats blocks, or penthouses overlooking the city. “It is a very small percentage of medium, medium-plus products, which are close to EUR one million. If you choose to invest in one of these projects, only a … Continued

RETAILERUL SLOVEN VITAPUR HOME INTRĂ PE PIAŢA LOCALĂ CU UN PRIM MAGAZIN ȊN MEGA MALL BUCUREŞTI

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Bucureşti, iulie 2018: Vitapur Home, brand dezvoltat ȋn Slovenia sub care sunt fabricate şi comercializate produse premium pentru casă, activităţi sportive sau călătorie, intră pe piaţa locală prin deschiderea unui magazin de 120 de metri pătraţi ȋn cadrul centrului comercial Mega Mall din Bucureşti, deţinut de grupul sud-african NEPI Rockcastle. Vitapur are ȋn momentul de faţă … Continued

LIVRĂRILE DE SPAŢII COMERCIALE VOR REVENI PE UN TREND POZITIV ȊN A DOUA JUMĂTATE A LUI 2018

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Bucureşti, August 2018: Livrările de spaţii comerciale vor reveni pe un trend pozitiv ȋn a doua jumătate a anului 2018, cȃnd cel puţin 90.000 de metri pătraţi vor fi livraţi ȋn patru oraşe, ȋn timp ce ȋn Bucureşti nu este programată nicio deschidere, potrivit raportului H1 Romȃnia Retail MarketBeat, realizat de firma de consultanţă imobiliară Cushman … Continued

35 DE MILIOANE DE VIZITATORI ȊN 10 ANI DE LA DESCHIDEREA SHOPPING CITY SUCEAVA

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București, iulie 2018: Centrul comercial Shopping City Suceava, inaugurat de Argo Real Estate ȋn aprilie 2008 ȋn urma unei investiţii de 70 de milioane de euro, a ȋnregistrat aproape 35 de milioane de vizitatori ȋn cei zece ani de funcţionare, timp ȋn care proiectul s-a maturizat, adaptȃndu-se ȋn permanenţă tendinţelor din piaţa de retail şi entertainment. … Continued

BR EXCLUSIVE. ONE FLOREASCA CITY, OVER 35% OF RESIDENTIAL COMPONENT PRE-CONTRACTED

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Real estate consultancy company Cushman & Wakefield Echinox is involved in the residential sales and office lease for One Floreasca City, the latest landmark development in the North of Bucharest. Over 35 percent of the residential component is already pre-contracted, and a share of 25 percent from the office segment is about to be signed. “There … Continued

SHOPPING CITY SUCEAVA – 10 YEARS OF SHOPPING EXPERIENCES FOR 35 MILLION GUESTS

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The future of modern retail will belong to those shopping centers that are close to the community and which reinvent themselves at the same time with the ever-changing demands of their members. In the Republic of Moldova, for example, Romanians use the term “guests” for their clients, a word that defines very well the relationship … Continued

H&M ÎNCHIRIAZĂ 1.000 MP ÎN UNIRII VIEW PENTRU VIITORUL SĂU SEDIU

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Retailerul H&M România a închiriat 1.000 de metri pătraţi în cladirea de birouri Unirii View. “H&M era într-un proces de căutare a unui sediu nou, mai mare şi mai eficient, cu specificaţii tehnice excelente şi, preferabil, în aceeaşi zonă cunoscută angajaţilor săi de la intrarea companiei pe piaţa locală. Piaţa Unirii oferă o vizibilitate foarte bună, … Continued

NEW AMERICAN AND ASIAN INVESTORS COULD EMERGE ON ROMANIA’S PROPERTY MARKET – TIM WILKINSON’S INTERVIEW FOR BUSINESS REVIEW EXCLUSIVE

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While the value of real estate transactions was around EUR 1 billion in 2017, the value of deals in the first half of this year was under the same period of last year. Tim Wilkinson, Partner Capital Markets at Cushman & Wakefield Echinox, the real estate consultancy company, suggested that the market will record at … Continued

ESTIMĂM O CREŞTERE A VOLUMULUI DE EVALUĂRI CU 33%, PȂNĂ LA 4 MILIARDE DE EURO

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București, mai 2018: Departamentul de evaluări al firmei de consultanţă imobiliară Cushman & Wakefield Echinox a evaluat ȋn 2017 peste 700 de proprietăţi cu o valoare cumulată de 3,1 miliarde de euro, iar pentru acest an estimează o creştere a volumului evaluărilor de 33%, spre nivelul de 4 miliarde de euro. Bogdan Sergentu, Head of Valuation … Continued

PESTE 70% DIN SPECTATORII CINEMATOGRAFELOR DIN ROMȂNIA SUNT CONCENTRAŢI ȊN 10 ORAŞE

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În cinematografele din zece oraşe din Romȃnia cu o populaţie cumulată de patru milioane de locuitori au fost ȋnregistrati ȋn 2017 peste 10 milioane de spectatori, aceste oraşe grupȃnd 72% din cererea cinematografică la nivel naţional, reiese din datele Centrului Naţional al Cinematografiei, analizate de firma de consultanță imobiliară Cushman & Wakefiled Echinox. „Industria cinematografică … Continued

O NOUĂ CAFENEA STARBUCKS ȊN CLĂDIREA CAMPUS 6.1 DEZVOLTATĂ DE SKANSKA ȊN ZONA POLITEHNICII

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București, 09 mai 2018: La şase luni după intermedierea tranzacţiei cu Starbucks pentru locaţia din strada Lipscani, cea mai veche arteră comercială a Bucureştiului, firma de consultanță imobiliară Cushman & Wakefield Echinox anunţă deschiderea unei noi locaţii a celui mai mare lanț de cafenele de pe piața locală ȋn clădirea de birouri Campus 6.1, din zona Politehnicii. … Continued

BUCUREŞTIUL A SĂRIT PRAGUL DE 1 MILION DE ANGAJAŢI. UN SFERT SUNT ȊN CLĂDIRI DE BIROURI MODERNE

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  Bucureşti, 19 Aprilie 2018: Numărul de angajaţi din clădirile de birouri clasa A şi B din Bucureşti a ajuns la aproximativ 250.000 la finalul anului trecut, ȋn timp ce efectivul total al salariaţilor din Capitală a depăşit pragul de 1 milion de persoane ȋn prima lună a acestui an. Efectivul salariaţilor din Bucureşti a … Continued

BUCUREŞTIUL A SĂRIT PRAGUL DE 1 MILION DE ANGAJAŢI. UN SFERT SUNT ȊN CLĂDIRI DE BIROURI MODERNE

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Bucureşti, 19 Aprilie 2018: Numărul de angajaţi din clădirile de birouri clasa A şi B din Bucureşti a ajuns la aproximativ 250.000 la finalul anului trecut, ȋn timp ce efectivul total al salariaţilor din Capitală a depăşit pragul de 1 milion de persoane ȋn prima lună a acestui an. Efectivul salariaţilor din Bucureşti a crescut … Continued