Bucharest, March 2025: The average office fit-out costs in Bucharest increased by 12% in 2024 compared with the previous year, surpassing the €1,000/ sq. m threshold. This evolution aligns with regional trends, as most capital cities have seen cost increases ranging between 8-15%, according to data from the Cushman & Wakefield Echinox real estate consultancy … Continued

IT companies, manufacturing & industry, and the medical & pharma sectors, have been the most active in the office leasing market over the past 5 years, generating more than half of the new demand for office spaces, according to data from the Cushman & Wakefield Echinox real estate consultancy company. The net take-up (excluding renegotiation … Continued

Bucharest, February 25, 2025: Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling €1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. Their market share … Continued

Bucharest, February 2025: Cushman & Wakefield Echinox real estate consultancy company assisted Kinstellar throughout the entire process of relocating its Bucharest office to Globalworth Tower, providing consultancy services for the sale of the firm’s former headquarters in the city center, while also offering project management assistance for the setup of the new office space. Kinstellar’s … Continued

Bucharest, February 2025: Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting a 27% growth when compared with 2023, while the total industrial & logistics stock in Romania reached almost 7.6 million sq. m at the end of Q4. The development activity returned to growth during … Continued

Bucharest, February 2025: The Cushman & Wakefield Echinox real estate consulting company assisted Lion’s Head, real estate investment fund currently owning assets in Romania and Bulgaria, in the acquisition of a 15-Hectare plot in Popesti Leordeni, in an important road node. This transaction marks the expansion of Lion’s Head in the Romanian industrial market, as … Continued

Bucharest, February 2025: Cushman & Wakefield Echinox assisted MAS PLC, a leading property investor and operator in Central and Eastern Europe (CEE), in the disposal process of the strip malls portfolio in Romania to M Core Group. The portfolio consists of 7 assets with a total GLA of approximately 32,000 sq. m located in Slobozia, … Continued

Bucharest, January 2025: The modern retail stock in Romania reached 4.62 million sq. m, with projects cumulating around 180,000 sq. m GLA being completed in 2024, reflecting a 15% decrease when compared with 2023, while still being one of the best years in the past decade when it comes to new completions, according to data … Continued

Bucharest, January 2025: The valuation department of the Cushman & Wakefield Echinox real estate consultancy company valuated properties totaling 5.5 million sq. m, with a cumulative value of more than EUR 8.5 billion in 2024. This corresponds to a 10% portfolio growth compared with 2023, based on the department’s reported turnover. Most valuation reports were … Continued

Bucharest, January 2025: 2025 marks a crucial stage for the European real estate market, which is undergoing a process of recovery and transformation. Favorable economic factors, such as stabilized inflation, reduced interest rates and increasing real incomes are strengthening this sector as a key pillar of the continental economy. Romania, as an integral part of … Continued

Bucharest, December 2024: Investors are optimistic when it comes to their Romanian portfolios over the next 12 months, a clear improvement compared with the previous year. According to the 3rd edition of the Cushman & Wakefield Echinox “Real Estate Investors Sentiment Barometer” conducted among the main real estate investors and developers in Romania, 64% of … Continued

Bucharest, December 2024 – With an average age of approximately 11 years, the Bucharest office stock ranks among the youngest across Europe and the CEE region. This provides a significant advantage for landlords in attracting and retaining tenants, as the city’s office spaces are less likely to face obsolescence in terms of technology, construction quality … Continued

Bucharest, November 2024 – Calea Victoriei in Bucharest climbs two positions, up to the 38th place, in the ranking of the most expensive commercial streets across the world, as rents in Bucharest recorded the 7th highest growth among the 138 analysed markets worldwide, in the latest edition of the “Main Streets Across the World” report … Continued

Bucharest, November 2024: The demand for logistics and industrial spaces reached 575,000 sq. m during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to the Cushman & Wakefield Echinox real estate consulting company. The new demand accounted for 86% of the transacted volume. The … Continued

Bucharest, November 2024: The new supply of retail projects could exceed the threshold of 200,000 sq. m in 2024, when considering that 140,000 sq. m of shopping centers and retail parks were delivered nationwide in Q1 – Q3, according to the Cushman & Wakefield Echinox real estate consultancy company. In 2023, developers completed 213,000 sq. … Continued

Bucharest, October 2024: The Cushman & Wakefield Echinox real estate consultancy company was appointed to exclusively manage the leasing strategy and process of Jumbo Center in Bucharest, a Jumbo anchored and partially owned modern retail destination for the whole family. Jumbo Center offering 25,700 sq. m of retail spaces will be following the Jumbo philosophy, … Continued

Bucharest, October 2024: The total stock of industrial and logistics spaces in Romania could reach the 8 million sq. m threshold at the end of 2025, if the recent annual development pace of ~500,000 sq. m is maintained. As of mid-year, over 7.125 million sq. m were operational nationwide, with more than 50% of these … Continued

Bucharest, October 2024: The real estate and construction sector attracted approximately €2.2 billion of foreign direct investments (FDI) in 2023, as the share of this economic activity in the overall FDI stock stood at 17.5% at the end of 2023, according to data from the National Bank of Romania analyzed by the Cushman & Wakefield … Continued

The office occupancy costs in Bucharest have increased by approximately 10% over the past two years, being driven by the growth in operational costs and by the rent indexations in a period with high inflation. The most significant factors impacting operational costs have been the rise in the minimum wage and the increased return of … Continued

Bucharest, September 2024: BOGNER, the renowned German fashion company specializing in athluxury sports fashion, globally active and represented in over 50 countries, is expanding into the Romanian market by opening its first store in the country within the shopping gallery The Grand Avenue, located on the ground floor of JW Marriott Bucharest Grand Hotel. The … Continued

Bucharest, September 2024: NewCold, one of the largest automated and cold chain international logistics companies, has entered the Romanian market through a 9-hectare land plot acquisition from the Belgian developer WDP, in the Northern part of Bucharest, in the proximity of the A0 ring road. The transaction was brokered by the Cushman & Wakefield Echinox … Continued

Bucharest, September 2024: The net office take-up in Bucharest across Q2 exceeded the renewal and renegociation transactional volume for the first time during the last two years, with a positive impact on the average vacancy rate, given that no new office projects were delivered in H1, according to data from the Cushman & Wakefield Echinox … Continued

Bucharest, August 2024: Retail projects totaling more than 87,000 sq. m were delivered throughout H1 2024, corresponding to a sharp increase when compared with the 30,000 sq. m new supply from the same period of 2023. This year’s evolution was mainly fueled by the second quarter completions, according to data from the Cushman & Wakefield … Continued

Bucharest, August 2024: The demand on the Bucharest hotel market in the first half of the year compared to the same period of 2023 had experience an increase of 3%, however, it remained below the 2019 level, according to data from the real estate consulting company Cushman & Wakefield Cushman & Wakefield. Moving forward, according … Continued