News

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 segments, as investors plan to deliver industrial, retail and office spaces

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 Bucharest 20 assets with a total GLA of ​​220,000 square meters

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 euros last year in Bucharest, a new record for the past

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 Transactions - Land & Investment. Alexandru Mitrache has been the Head of

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 as terms have been reached with the general contractor and the

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 2018, similar to 2017 and double the advance in consumption, which

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 located within Penny Retail Park, developed by REWE Group by remodelling

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 the local market since 2015, will open a new store at

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 Romanian real estate market, with the most active buyers being investors

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 its first high street store in Romania in Piata Romana, one

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 Echinox (CWE) in October 2015, acquiring expertise in research and analysis

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 in terms of supply and demand, with development being condensed in

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 performance indicators higher than in the previous year. Between 2013 and

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. Cushman & Wakefield, the international real estate advisory firm present globally

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, will enter into a comprehensive extension and modernization process that will

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 and 500 euros per employee, according to an analysis of Cushman

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, considering that in the first nine months of 2018, lots of

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 - has doubled over the past five years and will continue to

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 the first training academy in Romania, called Drawing Business Value

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 253,000 at the end of the first semester of 2018,

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 in 2016 Total European shopping centre floorspace stood at 166.5

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 sq. m at the end of H1 2018, according to Romania's

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 euro, ȋn scădere cu 27% faţă de perioada similară a

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 2018, cȃnd cel puţin 90.000 de metri pătraţi vor fi

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 5-10 flats blocks, or penthouses overlooking the city. "It is a

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 aproape 20.000 de metri pătraţi in clădiri existente sau aflate

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, activităţi sportive sau călătorie, intră pe piaţa locală prin deschiderea

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 de 70 de milioane de euro, a ȋnregistrat aproape 35

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 Floreasca City, the latest landmark development in the North of

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 căutare a unui sediu nou, mai mare şi mai eficient,