News

Romania is in the top of European countries in terms of retail parks development

Bucharest, June 2019: Romania was ranked fifth at a European level in 2018 regarding the deliveries of retail spaces... read more

Cushman & Wakefield Echinox takes over the management of the Eminescu Office building in Bucharest

Bucharest, June 2019: The Cushman & Wakefield Echinox real estate consultancy company was commissioned to manage the Eminescu Office... read more

Three IT companies leased 6,500 sqm of office spaces in Cluj-Napoca

Bucharest, May 2019: Cushman & Wakefield Echinox brokered three leases of office spaces in Cluj-Napoca with a cumulated area... read more

Romania is the fifth most attractive manufacturing market in Europe

Bucharest, May 2019: Romania is the fifth most attractive manufacturing market in Europe and was ranked 12th globally, according... read more

Consignor expands its office from Victoriei Center, where it will occupy 2000 sq m in the next five years

Bucharest, May 2019: The international software company Consignor, specialized in producing software for the management of deliveries, expands its... read more

ZF Residential: C&W Echinox Residential Agency premium properties in Ziarul Financiar

Looking to Buy, Lease or Sell an exclusive property in the North area of Bucharest? Our Residential Agency experts... read more

Cărtureşti opens the first bookstore in an office building, on the ground floor of the America House building in Piaţa Victoriei

Bucharest, April 2019: Cărtureşti, the most important bookstore chain on the local market, will open its first store on... read more

The modern retail stock in Bucharest is higher than in Transylvania and double than in Moldova

Bucharest, April 2019: The modern retail stock in Bucharest remained constant in 2018, at 1.2 million square meters, a... read more

We estimate an increase of 25% of the valuation volume, up to 5 billion euros

Bucharest, April 2019: The valuation department of the Cushman & Wakefield Echinox real estate consultancy firm has evaluated over... read more

C&W Echinox takes over the management of Ethos House in Bucharest

Bucharest, March 2019: The Cushman & Wakefield Echinox real estate consultancy company was appointed to manage the Ethos House... read more

Museum of Senses – a world that amplifies all senses – opens in Constanţa

Friday, March 29, Museum of Senses will open for the public in Mall Vivo! Constanţa, where its 11 already... read more

Cushman & Wakefield Echinox strengthens its Research Department by promoting Vlad Săftoiu

Bucharest, March 2019: Cushman & Wakefield Echinox strengthens its Research Department by promoting Vlad Săftoiu as Research Analyst. Vlad joined... read more

C&W Echinox takes over the management of One Victoriei Center in Bucharest

Bucharest, March 2019: The real estate consultancy company Cushman & Wakefield Echinox was appointed to manage One Victoriei Center... read more

The local real estate market is in the sight of Asian investors as part of the maturing process and of the investment capital diversification

Bucharest, March 2019: The local real estate market has begun to attract the attention of major Asian investors, as... read more

Developers will deliver around 1.2 million square meters of industrial, retail and office spaces in 2019, a new record for the local market

Bucharest, February 2019: The local real estate market has entered a new year of development on all its major... read more

A record year for office transactions as 20 buildings were purchased for over € 500 million

Bucharest, January 2019: Office building transactions reached the highest level of the last decade in 2018, as only in... read more

Land transactions in Bucharest reach a new record. Developers raise the bet on mixed use projects

Bucharest, February 2019: Developers and real estate investors completed land acquisitions with a cumulative value of around 245 million... read more

Alexandru Mitrache becomes Head of Transactions – Land & Investment

Bucharest, February 2019: Cushman & Wakefield Echinox strengthens its Capital Markets team by promoting Alexandru Mitrache as Head of... read more

Colosseum extension, the most important retail development in Bucharest during the last three years

Bucharest, January 2019: The Colosseum commercial center in the north-western part of Bucharest, whose extension is on the way... read more

Large retailers managed to keep their turnover growth at 12%, double the size of national consumption growth

Bucharest, January 2019: Large retail chains operating mainly in shopping centers maintained an average growth rate of 12% in... read more

McDonald’s enters Brăila market by opening a drive-through unit within Penny Retail Park

Bucharest, December 2018: McDonald’s, the largest local fast food restaurant operator, enters Braila market by opening a drive-through unit... read more

Sportisimo opens its 16th store in Romania at Botosani Shopping Center

Bucharest, December 2018: Sportisimo, an important sports retailer founded almost 20 years ago in the Czech Republic, present on... read more

The value of transactions in the local real estate market exceeded 4 billion euros during the past five years

Bucharest, December 2018: Deals of over 4 billion euros have been signed during the last five years on the... read more

Japanese retailer Miniso opens its first high street store in Bucharest, in Piata Romana

Bucharest, November 2018: The Japanese retailer Miniso, specialised in the selling of a wide range of accessories, will open... read more

Cristi Moga named new Head of Research Department

Cushman & Wakefield Echinox announces the promotion of Cristi Moga as Head of Research Department. Cristi joined Cushman & Wakefield... read more

90% of industrial and logistics stock is condensed in cities with highway access

Bucharest, November 8, 2018: Romania’s industrial and logistics market is currently benefitting from its best period in history, both... read more

Bucharest hotels recorded the highest increase in the number of overnight stays in CEE, over 10% per year

Bucharest, October 2018: The Central and Eastern European (CEE) hospitality market is showing a positive evolution, with all the... read more

Euromoney names Cushman & Wakefield World’s No. 1 CRE Advisor

Euromoney’s 2018 Real Estate Survey named Cushman & Wakefield the world’s No. 1 overall commercial real estate advisor and consultant.... read more

Arena Mall is transforming, becoming a landmark shopping and entertainment destination for Bacau residents all ages

Bucharest, October 2018: Arena Mall shopping center in Bacau, a reference for the retail market in the Moldova region,... read more

Companies in Bucharest have monthly office occupancy costs ranging between 175 and 500 euros per employee

Bucharest, October 2018: Companies in Bucharest that operate in modern office buildings have monthly occupancy costs ranging between 175... read more

A total land area for the development of 8,000 residential units and 180,000 square meters of offices has been transacted in Bucharest

Bucharest, September 27, 2018:  The land in Bucharest continued to attract the interest of real estate developers this year,... read more

The office stock in the major regional cities has doubled over the past five years and will exceed the 1 million sq m threshold in 2019

Bucharest, September 13, 2018: The office stock in the major regional cities – Cluj-Napoca, Timisoara, Iasi and Brasov –... read more

C&W Echinox launches the first Romanian training academy dedicated to the tenants of retail and office buildings

Bucharest, September 2018: The Property Management Department of Cushman & Wakefield Echinox has expanded its service line by creating... read more

The number of employees in modern office buildings in Bucharest could reach 270,000 by the end of the year

Bucharest, August 2018: The number of employees in Class A and B office buildings in Bucharest has reached about... read more

European Shopping Centre Completions fall 23% as Focus Shifts to Quality of Space and Placemaking

8 million sq m of new shopping centre space was delivered to the market in 2017, 23% less than... read more

The total industrial & logistics stock exceeded the 3 million sq m threshold

Bucharest, August 2018: The local industrial and logistics stock exceeded the 3 million sq m threshold, reaching 3.12 million... read more

Cu tranzacţii imobiliare de 386 mil. euro ȋn S1 2018, piaţa locală a fost mai activă decȃt cele din Ungaria şi Slovacia

Bucureşti, August 2018: Volumul investiţional din primul semestru al anului 2018 s-a ridicat la aproximativ 386 de milioane de... read more

Livrările de spaţii comerciale vor reveni pe un trend pozitiv ȋn a doua jumătate a lui 2018

Bucureşti, August 2018: Livrările de spaţii comerciale vor reveni pe un trend pozitiv ȋn a doua jumătate a anului... read more

BR Analysis. The luxury residential market in Romania and the most expensive homes in the country

Romania has a small, but relative strong luxury residential market, beginning with pre-war refurbished buildings and continuing with small... read more

Operatorii de spaţii de co-working intră pentru prima dată ȋn topul celor mai mari chiriaşi noi din Bucureşti

Bucureşti, Iulie 2018: Operatorii de spaţii de co-working au ȋnchiriat ȋn prima jumătate a acestui an spaţii de birouri de... read more

Retailerul sloven Vitapur Home intră pe piaţa locală cu un prim magazin ȋn Mega Mall Bucureşti

Bucureşti, iulie 2018: Vitapur Home, brand dezvoltat ȋn Slovenia sub care sunt fabricate şi comercializate produse premium pentru casă,... read more

35 de milioane de vizitatori ȋn 10 ani de la deschiderea Shopping City Suceava

București, iulie 2018: Centrul comercial Shopping City Suceava, inaugurat de Argo Real Estate ȋn aprilie 2008 ȋn urma unei investiţii... read more

BR Exclusive. One Floreasca City, over 35% of residential component pre-contracted

Real estate consultancy company Cushman & Wakefield Echinox is involved in the residential sales and office lease for One... read more

H&M închiriază 1.000 mp în Unirii View pentru viitorul său sediu

Retailerul H&M România a închiriat 1.000 de metri pătraţi în cladirea de birouri Unirii View. “H&M era într-un proces de... read more

New American and Asian investors could emerge on Romania’s property market – Tim Wilkinson’s interview for Business Review Exclusive

While the value of real estate transactions was around EUR 1 billion in 2017, the value of deals in... read more

Estimăm o creştere a volumului de evaluări cu 33%, pȃnă la 4 miliarde de euro

București, mai 2018: Departamentul de evaluări al firmei de consultanţă imobiliară Cushman & Wakefield Echinox a evaluat ȋn 2017... read more

Peste 70% din spectatorii cinematografelor din Romȃnia sunt concentraţi ȋn 10 oraşe

În cinematografele din zece oraşe din Romȃnia cu o populaţie cumulată de patru milioane de locuitori au fost ȋnregistrati... read more

O nouă cafenea Starbucks ȋn clădirea Campus 6.1 dezvoltată de Skanska ȋn zona Politehnicii

București, 09 mai 2018: La şase luni după intermedierea tranzacţiei cu Starbucks pentru locaţia din strada Lipscani, cea mai... read more

Bucureştiul a sărit pragul de 1 milion de angajaţi. Un sfert sunt ȋn clădiri de birouri moderne

Bucureşti, 19 Aprilie 2018: Numărul de angajaţi din clădirile de birouri clasa A şi B din Bucureşti a ajuns... read more

Bucureştiul a sărit pragul de 1 milion de angajaţi. Un sfert sunt ȋn clădiri de birouri moderne

Bucureşti, 19 Aprilie 2018: Numărul de angajaţi din clădirile de birouri clasa A şi B din Bucureşti a ajuns... read more

Bucharest land market in 2017: Deals worth EUR 110 mln made by Romanian developers

The land market in Bucharest soared by 69% to EUR 216 million in 2017 year-on-year, with deals comprising 116... read more

Dezvoltatorii romani, cei mai activi cumparatori de terenuri in Bucuresti

București, 29 Martie 2018: Dezvoltatorii români, interesați în special de segmentul rezidențial, au fost în 2017 cei mai activi... read more

Hotelurile din Romania au avut un numar record, de peste 20 de milioane de innoptari, in 2017

Piata hoteliera din Romania a avut in 2017 cel de-al saptelea an consecutiv de crestere, in cele aproape 100.000... read more

Aquila Group consolidates Cluj hub with 10,000 sqm space

Transport and distribution player Aquila Part Prod Com has leased 10,000 square meters of office and storage spaces on... read more

Starbucks to open a new coffee shop in Bucharest old town

The coffee shops chain Starbucks will open a new unit on Lipscani street, in Bucharest old town, in a... read more

5ENSI – Sensorial Brasserie Concept to open next week in Bucharest after EUR 600,000 investment

A new type of brasserie, 5ENSI – Sensorial  Brasserie Concept, based on the trend “World Wide Kitchen” for business... read more

Regional cities: the new wave on the office market

As the office market in Bucharest is maturing, cities like Timisoara, Cluj-Napoca, Iasi and Brasov gain ground in the... read more

Vacancy rate of offices in Bucharest down close to 8.2 pct

Taking into account that the offices stock in Bucharest remained constant, the vacancy rate dropped to approximately 8.2 percent... read more

Corporations have begun reserving offices in advance for 4,000 employees

Real estate developers have not finished any new office building in Bucharest in Q3 this year, and yet corporations... read more

Retail stock in Romania’s big cities to expand by 500,000 sqm until 2020

The modern retail spaces stock from the biggest 23 cities of Romania, with a population of over 90,000 citizen... read more

Romania’s logistics&industrial market could set new records in 2017

With industrial & logistics space take-up racing beyond consultants’ expectations this first semester, the market looks set to reach... read more

Business Review: “Qatar Ambassador has a new residence in Northern Bucharest…”

The new official residence of the Qatar Embassy in Romania is located in Northern Bucharest, in a new building... read more

Modern office space in Romania’s main regional cities reached almost 700,000 sqm in the first six months of this year

Modern office space in Romania’s main regional cities reached almost 700,000 sqm in the first six months of this... read more

The office space available in Romania’s secondary cities will reach the 1 million threshold by the end of 2018

The office space available in Romania’s secondary cities, such as Cluj-Napoca, Timisoara, Iasi and Brasov will reach the 1... read more

Central and Eastern European markets are booming and most segments of the property business are growing rapidly

Central and Eastern European markets are booming and most segments of the property business are growing rapidly, thus providing... read more

The Western part of Bucharest will attract 75 percent of the offices that will be delivered in the second half of this year

The Western part of Bucharest will attract 75 percent of the offices that will be delivered in the second... read more

The industrial and logistics real estate sector in Romania will see a record level of deliveries this year

The industrial and logistics real estate sector in Romania will see a record level of deliveries this year, namely... read more

The local real estate market remains dinamic and attractive for investors

The local real estate market remains dinamic and attractive for investors. The total value of real estate deals in... read more

Vastint received the urbanism certificate to build a residential complex in the north of Bucharest

Real estate developer Vastint, the real estate development division of IKEA, received in July the urbanism certificate to build... read more

Bitdefender is renting 9,267 sqm of office space in Orhideea Towers in Bucharest for a minimum term of five years

Romania-based security software company Bitdefender is renting 9,267 sqm of office space in Orhideea Towers in Bucharest for a... read more

New international groups to invest in Romania

Assembling a new Ford model in Craiova, Turkish Arcelik’s washing machine factory in Ulmi and the conversion of the... read more

Cushman & Wakefield Echinox consolidates its industrial department by recruiting Anamaria Tihu

Cushman & Wakefield Echinox consolidates its industrial department by recruiting Anamaria Tihu, a specialist with over 10 years’ experience... read more

Romania is second in Europe, after Turkey, on both the growth and growth potential in the Food & Beverage (F&B) sector consumption

Romania is second in Europe, after Turkey, on both the growth and growth potential in the Food & Beverage... read more

Amoma, one the biggest gobal online tourist reservations platforms will move its Bucharest headquarters

Amoma, one the biggest gobal online tourist reservations platforms will move its Bucharest headquarters to a new 2,300 square... read more

The stock of industrial and logistics spaces in Bucharest has increased about ten times between 2004 and 2017

  The stock of industrial and logistics spaces in Bucharest has increased about ten times between 2004 and 2017, to... read more

Over 1,000 premium and premium plus apartments are scheduled to be delivered in the next two years

Over 1,000 premium and premium plus apartments are scheduled to be delivered in the next two years, a study... read more

Romania is on the third place in top European countries with the newest malls stock

Romania is on the third place in top European countries with the newest malls stock, taking into account that... read more

Romania’s malls, among the newest in Europe

Romania ranks third among the European countries with the newest stock of malls, with 82 percent of the commercial... read more

Land deals in Bucharest reach fresh high of EUR 127 mln in 2016 driven by residential, says report

The land market in Bucharest recorded combined deals of 110 hectares in 2016, up 114 percent versus the previous... read more

Live text: Realty 2017 – the outlook of the real estate market in Romania

Monica Vasile, senior broker, Office Agency, Cushman & Wakefield Echinox: “We have reached 60 percent net demand, as there are... read more

Real estate investments in Romania could reach EUR 1.4 bln in 2017

The positive economic outlook, new investors on the market and fresh projects going up for sale should see this... read more

DTZ Echinox rebrands as Cushman & Wakefield Echinox, targets 35 pct growth

Local real estate services company DTZ Echinox has officially rebranded into Cushman & Wakefield Echinox following a global exclusive... read more

Many real estate investors in Romania come from outside Europe

Almost 70% of the value of real estate transactions made in Romania in 2017 were carried out by investors... read more

Romanian entrepreneur will open largest restaurant in an office building in Bucharest

“Boutique Food Hall will be the largest restaurant opened at the ground floor of an office building, and the... read more

Almost half the modern retail surface in Bucharest, concentrated in Sectors 3 & 6

Almost half the modern retail surface in Bucharest is found in Sectors 3 and 6, a study by DTZ... read more

LC Waikiki opens first store in Pitesti

LC Waikiki, the Turkish-based global fashion retail brand, leased 1,000 sqm at Jupiter City Shopping Center in Pitesti. The... read more

Modern retail stock outside Bucharest reached 2.3 million sqm, says DTZ

At the end of 2016, the modern retail stock outside Bucharest reached 2.3 million sqm. Shopping centres account for... read more

Study: 2016 – best year for Romanian real estate market since 2008, with 1 million sqm delivered

Deliveries of retail, logistic and office spaces stood at 956,000 square meters this year, up by 88 percent compared... read more

H&M to open 52nd store in Constanta on December 1

H&M is to open its 52th store in Romania in Constanta, in Tomis Mall. The Swedish retailer is the... read more

Prista Oil Group Leases Storage Space Of 2,500 Sqm In Equest Logistics Center

Prista Oil Group has leased a storage space of 2,500 square meters within the project Equest Logistic Center held... read more

Argo Capital Property to extend ERA Park Iasi with 33 million Euro investment

DTZ Echinox was appointed by Argo Capital Property as consultant for the process of repositioning and extension of ERA... read more

Romanian investors develop Sibiu’s first shopping centre

Romanian real estate developer Primavera Development will build a shopping centre in the centre of Sibiu, on the plot... read more

Shopping City Timisoara to host the first Peek&Cloppenburg store in western Romania

Shopping City Timisoara will launch soon the first Peek&Cloppenburg store in western Romania, but also other international brands, such... read more

DTZ: Office demand outside Bucharest to reach highest-ever volume

In 2015 the volume of pre-leasing in the main regional cities was three times higher than the previous year,... read more

DTZ Echinox: 1 mln buildings constructed in Romania after 1989

Out of the stock of 8.9 million buildings from Romania, 1 million units were constructed after 1989, the North-East... read more

DTZ Echinox: Industrial and logistics spaces from regional cities overpassed Bucharest’s stock

The modern stock of industrial spaces and logistics from outside Bucharest reached 1.3 million sqm at the end of... read more

CHEP Romania relocates to Floreasca Tower

CHEP Romania, part of the Brambles group, relocated to the Floreasca Tower in Bucharest, signing a lease on 400... read more

DTZ: Land transaction, on the rise again in Bucharest: doubled value in the first quarter

The value of the transactions with land for commercial destination in Bucharest reached in the first quarter EUR 35... read more

Demand for space for restaurants and cafes is on the rise in Bucharest, says DTZ Echinox

As consumption has been picking so has demand for space for restaurants and cafes in Bucharest, according to DTZ... read more

Bucharest industrial property deliveries to reach seven years high in 2016, says DTZ Echinox

In 2016 deliveries of new space will exceed 300,000 sqm, a level which will increase the stock of industrial... read more

DTZ Echinox: 550 premium residential units were under construction in Bucharest at the end of 2015

In the last two years, a number of 200 apartments were completed across Bucharest premium residential locations. The highest... read more

DTZ Echinox: The number of employees in Bucharest’s modern office buildings has just exceeded the 200,000 threshold

At the end of Q4 2015, the number of employees working in Bucharest’s Class A and B office buildings... read more

LC Waikiki and English Home opening at Arena Mall Bacau

LC Waikiki and English Home have joined the mix of tenants already present in the shopping center Arena Mall... read more

Dan Ivanov joins the valuation department of DTZ Echinox

DTZ Echinox growth the valuation department with the 15-year valuation background consultant Dan Ivanov, to hold the position of... read more