As consumption has been picking so has demand for space for restaurants and cafes in Bucharest, according to DTZ Echinox representatives.  The real estate consultancy says that this can be seen from the number of lease contracts for such spaces which have been closed over the past months, the new restaurant and cafe concepts introduced … Continued

In 2016 deliveries of new space will exceed 300,000 sqm, a level which will increase the stock of industrial and logistics in Romania by some 15 percent, according to data released by real estate consultancy firm DTZ Echinox. Most of it (about 190,000 sqm, 63 percent) will be delivered in Bucharest, followed by Cluj, with … Continued

In the last two years, a number of 200 apartments were completed across Bucharest premium residential locations. The highest level of supply has been delivered in Floreasca with approximately 32 per cent, followed by Herastrau area, with 25 per cent, according to latest DTZ Echinox study on premium residential market in Bucharest. When comparing these … Continued

At the end of Q4 2015, the number of employees working in Bucharest’s Class A and B office buildings has reached 204,062. The main office areas in terms of employee numbers are Pipera South (Dimitrie Pompeiu) with 38,120, closely followed by Barbu Vacarescu – Floreasca with 31,250 employees and the West area with 27,093 employees. … Continued

LC Waikiki and English Home have joined the mix of tenants already present in the shopping center Arena Mall Bacau. LC Waikiki and English Home, retailers controlled by two Turkish groups, will open stores in the coming months with a cumulative area of approximately 1,200 sqm. LC Waikiki’s new store occupies 1,000 sqm, while English … Continued

DTZ Echinox growth the valuation department with the 15-year valuation background consultant Dan Ivanov, to hold the position of senior valuer-business development within the company. Dan Ivanov holds a master in financial and capital markets analysis, being also member of RICS since 2008 and ANEVAR-The National Association of Authorised Romanian Valuers, since 2003. Previous DTZ … Continued