Bucharest, April 2022: 72,522 units were delivered across Romania in 2021, a record level on the residential market since 1989, marking a 7% increase compared with 2020, according to an analysis performed by the Cushman & Wakefield Echinox real estate consultancy company based on county statistical data released by the National Institute of Statistics. An annual … Continued

Bucharest, April 2022: The valuation department of the Cushman & Wakefield Echinox real estate consultancy company appraised over 380 properties with a total value of 5.5 billion euros in 2021. The valuation department’s portfolio increased by 10% in terms of the number of properties, while the total value of the appraised assets increased by 40%, … Continued

Bucharest, April 2022: The real estate consulting company Cushman & Wakefield Echinox has been appointed to manage Funshop Park project developed in Timisoara by the Polish company Scallier, one of the most dynamic investors in small and medium retail parks. The retail shop in Timisoara is the third project Funshop managed by Cushman & Wakefield … Continued

Bucharest, March 2022:  The local real estate market has rapidly adapted to the new social and business environment, largely countering the imbalances stemming from the restrictions imposed during the state of alert. Moreover, we can notice an upward trend in all market segments, even though there are still a few challenges, such as the increasing prices … Continued

Bucharest, March 2022: The office stock in the Center-West area of Bucharest, near Politehnica University, will surpass the existing stock from Floreasca-Barbu Văcarescu (which has been the main office hub in Bucharest for eight years) in 2022, , according to data from the Cushman & Wakefield Echinox real estate consultancy company. The modern office stock in … Continued

Bucharest, March 2022: PTC has expanded its offices in Riverplace, a project owned by CA IMMO and located in the Politehnica area of Bucharest, thus occuping 4.800 square meters in the office project. The transaction was intermediated by the real estate consultancy company Cushman & Wakefield Echinox. PTC, operating in the IT&C industry, has renewed … Continued

Bucharest, February 2022: Cushman & Wakefield Echinox expands and consolidates its Land & Industrial team coordinated by Andrei Brânzea by recruiting Marius Frunzuc and Ștefan Oprea, two specialists with a combined experience of 33 years in the real estate market. Marius and Ștefan have joined the Cushman & Wakefield Echinox team as Land Agency consultants, and … Continued

Bucharest, February 2022: The local logistics sector has not only shown resilience during the pandemic, but went on to benefit from consumer and business reactions to the sanitary crises. Thus, the leasing activity in 2021 has exceeded the 1 million sq. m threshold for the first time in the market’s history. Net take-up accounted for over … Continued

Bucharest, February 2022: Ten new retail projects have been completed in Romania in 2021, with a total GLA of ​​around 100,000 square meters, withsix of them, totaling 70,000 square meters, being delivered in Q4 2021. The developers’ interest has shifted mostly towards tertiary cities with less than 150,000 inhabitants, and also towards retail parks, according to … Continued

Bucharest, February 2022: World Class will inaugurate a new location in a space of 2,352 square meters within the One Cotroceni Park project, developed by One United Properties in Bucharest. The transaction was intermediated by the real estate consulting company Cushman & Wakefield Echinox. The new club – World Class One Cotroceni – is strategically … Continued

Bucharest, February 2022: The network of Mobile Vet veterinary clinics and Mobile Pet veterinary pharmacies opens on February 5th its clinic within the J8 Office Park project in Bucharest, following an investment of approximately 500,000 euros, according to the real estate consulting company Cushman & Wakefield Echinox, which intermediated the leasing transaction for the space owned by Portland Trust. … Continued

Bucharest, January 2022: The financial sector, medical service operators, the IT&C and retail companies were the most active tenants in the office leasing market in Bucharest last year, in terms of the average transaction size, according to the Cushman & Wakefield Echinox real estate consulting company. With an average transaction size of almost 2,000 sq. … Continued

Bucharest, January 2022: The Bucharest hotel market has the highest growth among CEE Capitals in terms of revenue per available room (RevPAR), mainly driven by occupancy, during last year as a result of lift/ease on travel related restrictions and the re-scheduled event from 2020 to 2021 (i.e. European Football Championship, concerts and other sport events). … Continued

Bucharest, January 2022: The volume  invested in real estate assets in Romania, Poland and Slovakia increased in 2021, while the Czech and Hungarian markets witnessed a downturn when compared with 2020, according to data from the  Cushman & Wakefield Echinox real estate consulting company. At regional level, the total transacted volume reached 9.98 billion euros, a … Continued

Bucharest, January 2022: Cushman & Wakefield Echinox announces the promotion of Vlad Săftoiu as Head of Research. In his new role, Vlad will coordinate the activity of Cushman & Wakefield Echinox’s Research department, being responsible for producing public reports pertaining to the real estate market and also personalized studies for the company’s corporate and private … Continued

Bucharest, December 2021: The Asset Services department of the Cushman & Wakefield Echinox real estate consulting company increased its property portfolio by 28% in 2021, reaching approximately 500,000 square meters of office, logistics and retail spaces, both in Bucharest and the other parts of the country, while a growth of 10-15% is also estimated for … Continued

Bucharest, December 2021: Cushman & Wakefield Echinox has appointed Cristi Moga as Head of Capital Markets. He will coordonate the activity of the team in charge with transacting real estate assets for investment purposes. Cristi joined Cushman & Wakefield Echinox (CWE) in October 2015 and in 2018 he was promoted as Head of Research. He has … Continued

Bucharest, November 2021: The Eminescu Offices building, developed by Akcent Development in the central part of the Capital City and managed by the Asset Services team of Cushman & Wakefield Echinox, completes its tenant mix by attracting a recovery clinic within the project. Empatio București has leased ​​an area of 200 square meters within the project, where … Continued

Bucharest, November 2021: Cushman & Wakefield Echinox consolidates the marketing and research teams by recruiting Cristina Lupașcu, with an experience of almost 20 years in media and real estate, as Director PR & Research. Cristina Lupașcu has worked in the media for 14 years, mostly within the Mediafax news agency, covering the real estate area, after … Continued

Bucharest, November 2021: The network of veterinary medical services and pet products Mobile Pet & Mobile Vet expands with two new locations in Bucharest, of about 141 square meters and 137 square meters, to be opened in December and next year, respectively, two transactions intermediated by real estate consulting company Cushman & Wakefield Echinox. Also, Mobile … Continued

Bucharest, November 2021: The demand for logistics and industrial spaces reached 562,000 sq. m during the first 9 months of this year, a slight decrease of only 3% compared with the same period of 2020, according to the Cushman & Wakefield Echinox real estate consulting company. The leasing activity was driven mostly by new demand, … Continued

Bucharest, October 2021: Romanian employees who had to work more from home in the last 18 months due to the COVID-19 pandemic want to return to the office, given that more than half of them associate coming back to the office with “the return to normality” and experience a lack of socializing with their colleagues, according to … Continued