CUSHMAN & WAKEFIELD ESG 2021 REPORT

Cushman & Wakefield strives for continuous improvement in order to make a meaningful contribution to a sustainable future. We envision a world of healthy, sustainable buildings that put the w...

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ROMANIA INVESTMENT MARKETBEAT H1 2021

Q1 2021 produced a surprising q-o-q growth of 2.9%, as a yearly GDP increase in the 5-7% range is now being estimated by both government and analysts. This evolution continues the positive momentum fr...

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BUCHAREST OFFICE MARKETBEAT Q1 2021

The total leasing activity in Bucharest was of 48,000 sq. m in Q1 2021, with net take-up (excluding renewals) having a robust share of 71%. Compared to Q1 2020, when Covid-19 pandemic was in early sta...

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ROMANIA INDUSTRIAL MARKETBEAT Q1 2021

The demand for logistics space remained consistent in Q1 2021, with a total leasing activity of almost 200,000 sq. m, more than double when compared to Q1 2020, as the positive trend observed during t...

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BUCHAREST RETAIL MARKET 2021 REPORT

The modern retail stock in Bucharest reached 1 25 mil sq m at the end of 2020. The stock consists of 15 shopping centers with a total GLA of 709 000 sq m (57% of the stock), 11 retail parks comprising...

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ROMANIA RETAIL REGIONAL CITIES 2021 REPORT

During 2020 almost 143 000 sq m of retail space was delivered in the Romanian regional cities, with approximately 82 of these deliveries consisting of shopping centers AFI Palace Brasov, developed by ...

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BUCHAREST OFFICE MARKETBEAT Q4 2020

The modern office stock of Bucharest almost reached the 3 million sq. m threshold (excluding owner occupier buildings and approximately 3.1 million sq. m including those as well), while the vacancy ra...

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ROMANIA RETAIL MARKETBEAT Q4 2020

Presently, new schemes or extensions to existing projects totaling around 50,000 sq. m are under construction and expected to be delivered by the end of the year, while a number of important projects ...

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BUCHAREST LAND MARKETBEAT 2020

In 2020, the total volume invested in land acquisitions in the Bucharest – Ilfov region reached €194 million, reflecting a 6.5% decrease compared to 2019. The analysis includes 27 deals with an averag...

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BUCHAREST HOSPITALITY MARKETBEAT H2 2020

Hotel transaction volume reached EUR 9.5 million in 2020, down 82% from approximately EUR 52 million in 2019. However, investor interest in Bucharest remains relatively strong, due to a clear basis fo...

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ROMANIA INDUSTRIAL MARKETBEAT Q4 2020

The demand for logistics space reached a new quarterly record in Q4 2020, with a total leasing activity of almost 413,000 sq. m, up 45% when compared to Q3 2020 and more than double compared to the sa...

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ROMANIA INVESTMENT MARKETBEAT H2 2020

A -12.2 q/q economic decline was recorded in Q2 2020 followed by the first steps towards recovery in Q3, when a 5.8% q/q growth was noted. Retail sales recorded a surprising 2.1% y-o-y increase during...

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WHAT TO WATCH IN 2021: NINE SIGNS OF RECOVERY IN REAL ESTATE

The reality of an effective vaccine and the prospect of widespread vaccinations has sparked hopes for 2021 and speculation about recovery. Cushman & Wakefield Research has identified nine signs to...

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MILLENNIALS AND COVID-19: THE UNLUCKY GENERATION

Millennials have been more affected by the pandemic than other generations. Having attended school during the Dot.com crash, they came of age during the Great Financial Crisis (GFC), and now find them...

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COVID-19 IMPACT SURVEY ON THE HOTELS IN ROMANIA H2 2020

COVID-19 has had a very rapid and drastic impact on the Romanian hotel sector. This second survey was completed between 10.10.2020 – 4.12.2020, over a period of 4 weeks. Hoteliers are defined as the h...

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GLOBAL OFFICE IMPACT STUDY & RECOVERY TIMING REPORT

This Cushman & Wakefield study is the first in a four-part series that provides a new perspective on COVID-19’s impact on the commercial real estate (CRE) industry and the future of the office spa...

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PURPOSE OF PLACE: HISTORY AND FUTURE OF THE OFFICE

This study is the second in a four-part series that provides a new perspective on COVID-19’s impact on the commercial real estate (CRE) industry and the future of the office. The office is more than j...

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ROMANIA INDUSTRIAL MARKETBEAT Q3 2020

The demand for Logistics space reached a new quarterly record in Q3 2020, with a total leasing activity of almost 285,000 sq. m, up 42% when compared to Q2 2020 and four-times higher compared to the s...

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ROMANIA OFFICE MARKEATBEAT Q3 2020

The total new supply for the first nine months of 2020 reached 124,000 sq. m, reflecting a 35% y-o-y decline. The modern office stock of Bucharest reached 2.9 million sq. m. Covid-19 remains a leasing...

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ROMANIA RETAIL MARKETBEAT Q3 2020

Only one delivery has been recorded in Q3, namely Dâmboviţa Mall (31,200 sq. m) developed by Prime Kapital, the first modern retail project in Târgovişte. Another major delivery is expected in Q4, whe...

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BACK TO OFFICE – RESEARCH SURVEY

The “Back to office: An office employees survey” outlines how the employees managed to adapt to the new working conditions, with the advantages and disadvantages of the new work from home ...

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RECOVERY READINESS: A HOW-TO GUIDE FOR REOPENING THE WORKPLACE 2.0

The “Recovery Readiness: A How-to Guide for Reopening your Workplace” outlines some of the best thinking and practices implemented with success by Cushman & Wakefield and compiled globally with in...

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BUCHAREST OFFICE MARKET 2020

The most active market remains Bucharest, with projects of about 340,000 square meters scheduled for delivery by the end of 2021. At the end of the first semester, the modern office stock in Bucharest...

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ROMANIA OFFICE MARKET REGIONAL CITIES 2020

The most active market after Bucharest, with projects scheduled for delivery by the end of 2021 are Timişoara, Cluj-Napoca and Braşov. At the end of the first semester, the modern office stock in regi...

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