Bucharest, November 2021: The development activity in the retail market has been modest in the first nine months of this year, with only three small projects delivered, but we have also seen new retailers and developers entering the Romanian market this year, according to the Cushman & Wakefield Echinox real estate consulting company. In total, … Continued

Bucharest, August 2021: Retail parks in Romania proved to be much more resilient during the pandemic than shopping centers, the turnover of the companies that own such properties decreasing by 9.5% during 2020, compared with a decrease of 20.6% in the case of shopping centers, according to an analysis of the Cushman & Wakefield Echinox … Continued

Bucharest, August 2021: Pain Plaisir artisan bakery will open in November 2021 a new location in Bucharest with an area of ​​68 square meters within the J8 Office Park project, developed by Portland Trust, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox. Founded in 2013 by Irina Stăncescu and Tom Rees, … Continued

Bucharest, July 2021: The total value of transactions with commercial real estate assets in Romania reached 298 million euros in the first half of 2021, a 23% decrease compared to the same period of last year, the market being supported primarily by the return of the Austrian investors’ appetite for office buildings, according to the … Continued

Bucharest, July 2021: Adriana Dănilă and Stelian Olaru, the owners of Gram Bistro and Suento by Gram restaurants, will open a new restaurant at the end of July on the ground floor of the Mendeleev Office 5 office building in Bucharest, a building developed by Akcent Development and managed by Cushman & Wakefield Echinox. The … Continued

Bucharest, July 2021 – Superbet, the largest sports betting operator in Romania, present in over 1,000 agencies in the country, opened a new location within the City Gate project in Bucharest, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox. The opening of the newest Superbet location of 264 square meters is … Continued

Bucharest, July 2021: A&D Pharma, a subsidiary of Dr.Max Group, which owns the phamacy chain with the same name, has leased a warehouse of 9,000 square meters in the CTPark Sibiu project located in the western part of the city, a transaction brokered by the Cushman & Wakefield Echinox real estate consulting company. This will … Continued

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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