Insights

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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THE GLOBAL FOOD & BEVERAGE MARKET

The global food and beverage (F&B) market has seen healthy growth over the last ten years and this is expected to continue. The proportion of comparison retail (clothing, footwear, white goods) as a p...

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UNVEILING THE 21ST CENTURY MALL

Demographic changes and new technol­ogies are the two most important factors that will shake up the retail business in the coming decade. Millennials in particular, are demanding consumers who expect ...

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EUROPEAN SHOPPING CENTRE – THE DEVELOPMENT STORY

Western Europe recorded 15% growth in new shopping centre completions in 2016. France was again the most active country in this region in terms of development and strong activity is expected to contin...

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ROMANIA OFFICE SNAPSHOT Q1 2017

In Q1 2017 the office market in Bucharest experienced a cautious start in terms of supply, with only 11,000 sq.m being completed. Although the number of office projects currently under construction is...

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ROMANIA INDUSTRIAL SNAPSHOT Q1 2017

The industrial & logistics market in Romania had a promising start in the first quarter of 2017, new supply being almost three times higher compared with the same period last year. Demand was strong, ...

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ROMANIA INDUSTRIAL & LOGISTICS MARKETBEAT 2016

Throughout 2016 the industrial & logistics stock in Romania increased by 20% and reached 2.5 million sq. m. Bucharest remains the largest market. Outside Bucharest, the vast majority of the existing ...

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BUCHAREST LAND MARKET MARKETBEAT 2016

In 2016 in Bucharest the total land area transacted was of 110 ha, the highest volume recorded in the last ten years. In terms of value, land transactions amounted € 127 mil., which represents an inc...

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BUCHAREST OFFICE MARKETBEAT 2016

At the end of Q4 2016 modern office stock in Bucharest surpassed 2.5 million sq. m. Throughout the year 275,000 sq. m of office spaces were delivered, this being the highest level recorded since 2009...

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BUCHAREST RETAIL MARKET 2016

The modern retail stock in Bucharest reached 1.225 mil. sq. m at the end of 2016 and consists especially in shopping centres (56%) and retail parks (33%), while commercial galleries cover the remainin...

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ROMANIA RETAIL SNAPSHOT Q4 2016

The retail sales recorded a 14.3% increase in January – November 2016, compared to the first 11 months of previous year, being boosted by tax reductions (the general VAT was reduced from 24% to 20%) a...

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