Romania recorded a solid 5.0% GDP growth during Q1 2019, the second highest in the European Union, with retail sales being one of the main contributors to this growth. In H1 2019, the total volume invested in commercial property in [...]
The total modern retail stock in Romania amounts to 3.74 million sq. m at the end of H1 2019. Most of the retail stock is represented by shopping centers – 57%, followed by retail parks – 35% and commercial [...]
July 2019: The employees working in modern offices in Bucharest spend an average of 46 minutes between home and work, while 52% of them consider the commuting time to be long or too long, according to the first edition [...]
April 2019: The modern retail stock in Bucharest remained stable in 2018, at 1.2 million square meters, a level which is 7% higher than in the Central-West region of the country (16 counties in Transylvania and Banat areas), which [...]
Last year, new retail projects with a cumulative area of approximately 104,000 square meters have been delivered in Romania, with no new retail project being completed in Bucharest. At a city-based level, the highest retail space density can be found [...]
Euromoney’s 2018 Real Estate Survey named Cushman & Wakefield the world’s No. 1 overall commercial real estate advisor and consultant. Cushman & Wakefield, the international real estate advisory firm present globally in over 70 countries, was also named the top [...]
August 2018: The rate of shopping centre development in Europe is slowing, with completions down 23% year-on-year at 3.8 million sq m 2017, according to Cushman & Wakefield’s latest European Shopping Centres report.8 million sq m of new shopping [...]
The industrial & logistics stock in Romania reached 3.12 million sq. m at the end of H1 2018; Bucharest remains the largest market, representing almost half of the total stock; Throughout the first half of the year, new supply amounted a [...]
Romania recorded a 4.0% GDP growth in Q1 2018, with industrial production and local consumption having the largest contribution; In H1 2018, the total volume invested in commercial property in Romania reached € 386 million; Bucharest attracted 93% from the total [...]
Romania’s modern retail stock amount to 3.62 million sq. m at the end of H1 2018 and is represented mainly by shopping centers; Bucharest accounts for almost 40% from the total modern retail stock; Throughout the first half of 2018, new [...]
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