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

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

CUSHMAN & WAKEFIELD ECHINOX: THE INDUSTRIAL AND LOGISTICS MARKET CONTINUES ITS POSITIVE TREND: 200,000 SQ.M TRANSACTED IN Q1 2021

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Bucharest, April 2021: The local industrial and logistic market started 2021 on a positive trend, the transactional volume in the first three months of the year reaching almost 200,000 square meters, double compared to the similar period of the previous year, according to the data analyzed by the real estate consulting company Cushman & Wakefield Echinox. … Continued

CUSHMAN & WAKEFIELD ECHINOX HAS ADVISED RIVER DEVELOPMENT ON THE SALE OF THE LIGHT ONE TO UNIQA GROUP IN THE LARGEST REAL ESTATE TRANSACTION OF THE YEAR TO DATE

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Bucharest, April 2021: The real estate consultancy company Cushman & Wakefield Echinox has advised the real estate development company River Development, one of the most experienced domestic developers, in the selling of The Light One office building in Bucharest to the Austrian group Uniqa in the largest real estate transaction in Romania of the year to … Continued

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS BUSINESS LINE, FACILITATING THE GREEN CERTIFICATIONS FOR REAL ESTATE PROPERTIES

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Bucharest, April 2021: Cushman & Wakefield Echinox expands its business consultancy services, to assist customers and partners in obtaining international LEED, WELL and BREEAM certificates, both for existing and pipeline office, retail or industrial-logistical buildings. In Bucharest, over 60% of the modern stock of office spaces consists of green certified buildings, given that most of … Continued

MALL AND RETAIL PARK DEVELOPERS CONQUER EVEN THE LAST “STRONGHOLDS”, THE COUNTIES LACKING MODERN RETAIL PROJECTS

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Bucharest, April 2021: The modern retail map of Romania is completing county by county, while real estate developers have delivered in the last year the first modern retail projects in four counties that were not covered yet, namely Dâmbovița, Covasna, Harghita and Călărași. Moreover, in the next period the counties of Vaslui, Caraş-Severin and Olt … Continued

THE OFFICE BUILDING MENDELEEV OFFICE 5 LOCATED IN THE CENTER OF THE CAPITAL ATTRACTS TWO NEW TENANTS AND REACHES AN OCCUPANCY RATE OF 70%

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Bucharest, April 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 two new tenants, reaching an occupancy rate of 70%. The new tenants are OTOTO Store, a coffee store and shop that sells a wide … Continued

CUSHMAN & WAKEFIELD ECHINOX HAS BEEN MANDATED TO ATTRACT INVESTORS FOR REHAU PROPERTIES IN ROMANIA

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Bucharest, March 2021: The German group REHAU has appointed the real estate consulting company Cushman & Wakefield Echinox to manage the sale process of two production units in Cluj (Apahida) and Bucharest (Tunari), as part of the relocation process of REHAU Romania offices in central locations and the construction of the new hub in Sibiu … Continued

ROMANIAN RESIDENTIAL DEVELOPERS AND GERMAN RETAILERS KEPT THE BUCHAREST LAND MARKET ACTIVE IN 2020

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Bucharest, March 2021: The Romanian residential developers, along with the German retailers such as Kaufland and Lidl, were the most active buyers of land plots in the Bucharest-Ilfov area during 2020, according to Bucharest Land Marketbeat report performed by the Cushman & Wakefield Echinox real estate consulting company. The data gathering 27 medium and large land … Continued

THE ROMANIAN HOSPITALITY MARKET IS KEEPING ITS FUNDAMENTALS STRONG, AFTER NAVIGATING THROUGH THE MOST DIFFICULT YEAR SO FAR

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Bucharest, March 2021: Though significantly affected by the COVID-19 pandemic and its impacts, the Bucharest hotel market continues to receive attention from hotel operators to expand their networks. In the CEE & SEE region, Prague, Budapest, Warsaw and Bucharest are the top-ranking cities of interest amongst major operators. Operators show confidence when it comes to … Continued

DEMAND FOR REAL ESTATE VALUATION AND CONSULTING SERVICES REMAINED CONSTANT DURING THE PANDEMIC

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Bucharest, March 2021: The valuation department of the real estate consulting company Cushman & Wakefield Echinox evaluated in 2020 over 350 properties with a total value of EUR 4.2 billion, while the research department provided consultancy to developers for the start of new projects with a market value of over EUR 250 million. The valuation … Continued

THE DEMAND IN BUCHAREST OFFICE MARKET WILL INCREASE BY 20-30% THIS YEAR

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Bucharest, February 2021: The demand for office spaces in Bucharest will increase by 20-30% this year, given that a significant part of the major tenants have exceeded expectations and are actively evaluating the options for space optimization, according to Cushman & Wakefield Echinox consultants. During 2020, the transactional volume decreased by 40%, up to 237,000 … Continued

THE CONTEXT GENERATED BY THE PANDEMIC HAS ACCELERATED THE LOGISTICAL DEMAND AND DEVELOPMENT TOWARDS NEW RECORDS: ALMOST 1 MILLION SQ.M TRANSACTED AND 650,000 SQ.M OF NEW SPACES DELIVERED

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Bucharest, February 2021: The local logistics and industrial market has accelerated its expansion in 2020 both in terms of demand, which approached the 1 million square meters threshold, and in terms of deliveries of new spaces, which reached a surface of 649,000 square meters, both indicators reaching new records, according to the the real estate … Continued

THE CHINESE RETAILER MUMUSO OPENS A NEW MONO-BRAND STORE IN PARKLAKE SHOPPING CENTER

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Bucharest, February 2021: The Mumuso fashion brand, present in over 3500 stores in 30 countries, opens the forth mono-brand store in Romania in the ParkLake shopping center in Bucharest, owned by Sonna Sierra, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox. MUMUSO is present in Romania through mono-brand stores located … Continued

BUCHAREST OFFICE MARKET REGISTERED A CONSISTENT RETURN OF DEMAND IN THE LAST QUARTER OF 2020

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Bucharest, February 2021: In the last quarter of 2020, in Bucharest there were transactions of office spaces with a total area of ​​77,000 square meters, the highest quarterly value of the year, thus bringing the annual volume of transactions to approximately 237,000 meters squares, according to the real estate consulting company Cushman & Wakefield Echinox. … Continued

IN 2020, THREE NEW MALLS WERE DELIVERED IN BRAȘOV, TÂRGU MUREȘ AND TÂRGOVIȘTE, BUT THE OFFER OF NEW SPACES WILL DECREASE CONSIDERABLY THIS YEAR

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Bucharest, February 2021: 2020 was an year characterized by increased activity in regional cities in terms of commercial centers deliveries, but the delivery volume of new spaces will reduce strongly this year, according to the real estate consulting company Cushman & Wakefield Echinox. In total, new commercial spaces with a cumulative area of ​​about 126,000 … Continued

IN 2020, THREE NEW MALLS WERE DELIVERED IN BRAȘOV, TÂRGU MUREȘ AND TÂRGOVIȘTE, BUT THE OFFER OF NEW SPACES WILL DECREASE CONSIDERABLY THIS YEAR

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Bucharest, February 2021: 2020 was an year characterized by increased activity in regional cities in terms of commercial centers deliveries, but the delivery volume of new spaces will reduce strongly this year, according to the real estate consulting company Cushman & Wakefield Echinox. In total, new commercial spaces with a cumulative area of ​​about 126,000 … Continued

THE ROMANIAN INVESTMENT MARKET SHOWS INCREDIBLE RESILIENCE IN FACE OF THE PANDEMIC IN 2020

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Bucharest, January 2021: In 2020, the total volume invested in real estate assets in Romania reached €914 million, a 28% increase compared 2019, illustrating the overall resiliency of the Romanian investment market during the Covid-19 pandemic, according to the Romania Investment Marketbeat launched by Cushman & Wakefield Echinox real estate consultancy firm. The most active segment … Continued

CUSHMAN & WAKEFIELD ECHINOX TAKES OVER THE MANAGEMENT OF FLOREASCA PARK OFFICE PROJECT IN BUCHAREST

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Bucharest, January 2021: The real estate consulting company Cushman & Wakefield Echinox has been appointed to manage Floreasca Park office project located in the Floreasca – Barbu Văcărescu area in the north of Bucharest, the largest business hub in the Capital. Cushman & Wakefield Echinox will have responsibilities in the management of the daily administrative-operational activity … Continued