Insights

ROMANIA INVESTMENT H1 2023

A real estate investment volume of only €181 million was recorded in Romania in H1 2023, corresponding to a decrease of 43% compared with H1 2022. The increasing financing costs made investors more se...

Learn more

BUCHAREST OFFICE Q2 2023

The Q2 new supply consisted of the 2nd building of the @EXPO project (28,000 sq. m GLA) developed by the Atenor Group in the Expozitiei submarket, thus bringing the H1 total to 70,000 sq. m, while the...

Learn more

ROMANIA RETAIL Q2 2023

The only retail schemes delivery in Q2 were Funshop Park Vaslui (10,000 sq. m) developed by Scallier and Retail Park Dej (7,000 sq. m) owned by Cometex, the real estate branch of the Altex electro-IT ...

Learn more

WHAT OCCUPIERS WANT: GLOBAL SURVEY RESULTS 2023

KEY TAKEAWAYS FROM THE 2023 SURVEY: • Cost and talent—cost pressure is the #1 challenge for companies across the globe • Communal office space for sparking creativity and innovation—targeted space has...

Learn more

ROMANIA RETAIL SNAPSHOT 2023

The large retail chains recorded a total turnover which was 16.3% higher than in 2021, a growth rate that exceeds the average annual inflation rate of 13.8% registered in 2022, according to the Romani...

Learn more

ROMANIA INDUSTRIAL Q1 2023

The demand for industrial and logistics spaces remains relatively strong at the beginning of the year, even in a context characterized by high inflation and interest rates, decelerating consumer deman...

Learn more

ROMANIA RETAIL Q1 2023

Despite the modest new supply registered in Q1, developers have announced ambitious plans on the short and medium terms, as projects totaling around 340,000 sq. m are currently under construction, mos...

Learn more

BUCHAREST OFFICE Q1 2023

The y-o-y inflation rate reached 14.9% in Q1 2023 in Romania, a level which remains relatively high, but prices have been on a downward trend since the beginning of the year and the forecasts are now ...

Learn more

ROMANIA INDUSTRIAL Q1 2023

The demand for industrial and logistics spaces remains relatively strong at the beginning of the year, even in a context characterized by high inflation and interest rates, decelerating consumer deman...

Learn more

ROMANIA INDUSTRIAL & LOGISTICS MARKET 2023

The industrial and logistics market registered a new record year both in terms of supply and demand, with development being concentrated in the Bucharest – Ilfov and West regions. However, other areas...

Learn more

OFFICE MARKET REGIONAL CITIES 2023

Developers announced the construction of more than 275,000 sq. m of new office projects in the major regional cities – Cluj-Napoca, Timisoara, Iasi and Brasov, and therefore the modern office stock sh...

Learn more

BUCHAREST OFFICE MARKET 2022

Around 500,000 sq. m of office spaces are unoccupied in Bucharest, reflecting a vacancy rate of 15.2%, the highest availability being reported in the Pipera North, Center-West and Floreasca – Barbu Va...

Learn more

BUCHAREST OFFICE Q4 2022

The Q4 2022 office supply in Bucharest consisted of the 2nd building of the Equilibrium project (19,900 sq. m GLA) developed by Skanska in the Floreasca – Barbu Vacarescu submarket, thus bringing the ...

Learn more

ROMANIA INVESTMENT H2 2022

In H2 2022, the investment volume in real estate assets in Romania reached €944 million, thus bringing the total for the whole year at a historical level of €1,278 million, corresponding to a 40% y-o-...

Learn more

ROMANIA INDUSTRIAL Q4 2022

The industrial and logistics market fundamentals remain strong, as the segment registered a new record year both in terms of supply and demand Thus, the total take up for 2022 was of almost 1 3 millio...

Learn more

ROMANIA RETAIL Q4 2022

During Q4 2022, the retail market registered the completion of new projects consisting of 20,000 sq. m GLA, bringing the total 2022 supply to almost 100,000 sq. m GLA, a level in line with the last fe...

Learn more

REAL ESTATE INVESTORS SENTIMENT BAROMETER

Cushman & Wakefield Echinox has run the first edition of the Real Estate Investor Sentiment Barometer, looking for insights from the key investors and developers present on the Romanian real estate la...

Learn more

ROMANIA RETAIL SNAPSHOT 2019-2021

In 2021, the large retail chains recorded a cumulative turnover almost 20% higher than the corresponding one for 2019 (the last fully operational pre-pandemic year), an increase 60% above the consumpt...

Learn more

MAIN STREETS ACROSS THE WORLD 2022

New York’s Fifth Avenue has reclaimed its position as the world’s most expensive retail street, with average rents of 1.756 euro/sq. m/month according to a new global ranking from real estate services...

Learn more

ROMANIA RETAIL Q3 2022

Retail projects of over 40,000 sq. m were delivered in Q3 2022, the new supply comprising of three new retail parks in smaller cities (Turda, Turnu Magurele and Miroslava), one retail park in the vici...

Learn more

BUCHAREST OFFICE Q3 2022

The prime headline rent in Bucharest continued to increase in Q3 2022, reaching a level of around €19.50/ sq. m/month in the CBD area, with further increases expected in other submarkets in the follow...

Learn more

ROMANIA INDUSTRIAL Q3 2022

The y-o-y inflation rate reached 14.8% in September in Romania, one of the highest levels in the European Union and, although expected to stabilize in Q4 it is likely to remain in double digits at lea...

Learn more

BUCHAREST LAND H1 2022

The total volume invested in land acquisitions in the Bucharest – Ilfov region in the last 18 months (January 2021 – June 2022) reached over €500 million. The analysis includes 46 deals with an averag...

Learn more

ROMANIA INVESTMENT H1 2022

The y-o-y inflation rate reached 15.1% in June in Romania according to the National Institute of Statistics, one of the highest levels in the European Union and, although expected to stabilize in...

Learn more