Insights

ROMANIA RETAIL MARKETBEAT Q1 2020

There were no new deliveries in Q1 as a result of the Covid-19 pandemic and all the Romanian retail projects have reduced their activity in late March (with the exception of grocery stores and pharmac...

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ROMANIA OFFICE MARKETBEAT Q1 2020

In Q1 2020, new deliveries totaling almost 81,000 sq. m have been completed, a level almost similar to the same period last year. Covid-19 pandemic impacts the leasing activity In Q1 2020, total leasi...

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FOOD & BEVERAGE ROMANIA MARKET REPORT 2019

The restaurants and cafes sector (Food & Beverage) in Romania has been constantly growing during the last few years as a result of a robust increase in wages and purchasing power and due to the larger...

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ROMANIA INDUSTRIAL & LOGISTICS MARKETBEAT H1 2019

The industrial and logistics market in Romania is currently enjoying its best period in history, both in terms of supply and demand, doubling its total stock during the past five years. In the first s...

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BUCHAREST OFFICE MARKETBEAT H1 2019

The Bucharest office market could have a record year in terms of deliveries in 2019, provided that all the announced projects are finalized on time, a scenario in which modern office spaces with a tot...

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ROMANIA RETAIL MARKETBEAT H1 2019

The total modern retail stock in Romania amounts to 3.74 million sq. m at the end of H1 2019. Most of the retail stock is represented by shopping centers – 57%, followed by retail parks – 35% and comm...

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ROMANIA INVESTMENT MARKETBEAT H1 2019

Romania recorded a solid 5.0% GDP growth during Q1 2019, the second highest in the European Union, with retail sales being one of the main contributors to this growth. In H1 2019, the total volume inv...

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WORKING HABITS AND COMMUTING PATTERNS 2019

July 2019: The employees working in modern offices in Bucharest spend an average of 46 minutes between home and work, while 52% of them consider the commuting time to be long or too long, according to...

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BUCHAREST RETAIL MARKET 2019

April 2019: The modern retail stock in Bucharest remained stable in 2018, at 1.2 million square meters, a level which is 7% higher than in the Central-West region of the country (16 counties in Transy...

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ROMANIA RETAIL REGIONAL CITIES 2019

Last year, new retail projects with a cumulative area of ​​approximately 104,000 square meters have been delivered in Romania, with no new retail project being completed in Bucharest. At a city-based ...

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EUROPEAN SHOPPING CENTRES – THE DEVELOPMENT STORY 2018

August 2018: The rate of shopping centre development in Europe is slowing, with completions down 23% year-on-year at 3.8 million sq m 2017, according to Cushman & Wakefield’s latest European Shopping ...

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ROMANIA INDUSTRIAL LOGISTICS MARKETBEAT H1 2018

The industrial & logistics stock in Romania reached 3.12 million sq. m at the end of H1 2018; Bucharest remains the largest market, representing almost half of the total stock; Throughout the first h...

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ROMANIA INVESTMENT MARKETBEAT H1 2018

Romania recorded a 4.0% GDP growth in Q1 2018, with industrial production and local consumption having the largest contribution; In H1 2018, the total volume invested in commercial property in Romani...

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ROMANIA RETAIL MARKETBEAT H1 2018

Romania’s modern retail stock amount to 3.62 million sq. m at the end of H1 2018 and is represented mainly by shopping centers; Bucharest accounts for almost 40% from the total modern retail stock; T...

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BUCHAREST OFFICE MARKETBEAT H1 2018

The total stock of A&B class office buildings in Bucharest was of 2.71 million sq. m at the end of H1 2018; New supply was quite limited, with only one project completed; When it comes to H2 2018, mo...

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BUCHAREST LAND MARKET MARKETBEAT 2017

The total land area transacted in Bucharest during 2017 was of 116 ha, the highest volume recorded in the last ten years. In terms of value, land transactions amounted to € 216 mil., which represents...

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BUCHAREST RETAIL MARKET 2017

The modern retail stock in Bucharest reached 1.23 mil. sq. m at the end of 2017. Last year, the new supply was of 8,000 sq. m, after the opening of AFI Palace Cotroceni extension, which strengthened t...

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ROMANIA RETAIL REGIONAL CITIES 2017

At the end of 2017, the modern retail stock outside Bucharest reached 2.42 million sq. m. Approximately 59% of the total stock is represented by shopping centers, while retail parks and commercial gal...

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ROMANIA – INDUSTRIAL & LOGISTICS MARKET 2017

The industrial and logistics market in Romania is witnessing a very dynamic period, with retail, logistics and industrial companies actively looking to expand operations; Bucharest remains the domina...

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ROMANIA – OFFICE MARKET REGIONAL CITIES

In H1 2017, gross take-up in the main regional cities amounted ~40,000 sq. m, dropping by 50% when compared with 2016. The largest office deal closed in the first half of 2017 in a regional market ha...

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BUCHAREST OFFICE MARKETBEAT H1 2017

The modern office stock in Bucharest is of 2.61 million sq. m at the end of H1 2017. In H1 2017 around 170,000 sq. m of office space was transacted in the modern office buildings located in Bucharest...

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INDUSTRIAL & LOGISTICS MARKETBEAT H1 2017

At the end of H1 2017, industrial & logistics stock in Romania reached 2.65 million sq. m. In the first half of 2017, approximately 80,000 sq. m of industrial & logistics spaces were delivered. A lit...

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ROMANIA INVESTMENT MARKETBEAT H1 2017

The Romanian economy accelerated in H1 2017, reporting a 5.8% GDP growth, the highest among EU countries. In H1 2017, the total volume invested in commercial property in Romania reached € 530 million...

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ROMANIA RETAIL MARKETBEAT H1 2017

Romania’s modern retail stock amounts 3.56 million sq. m at the end of June 2017. In Bucharest, the modern retail stock remains unchanged, since no major retail scheme was completed. The city’s retai...

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