Posts - Cushman & Wakefield Echinox

Companies leased office spaces for more than 7,000 new employees in H1 2025; nearly one-third of the Bucharest workforce is in modern office buildings

Bucharest, August 2025: The number of employees working in A & B Class office buildings in Bucharest exceeded 340,000 at the end of H1 2025, accounting for around 30% of the total workforce in the city. Companies contracted office spaces corresponding to more than 7,000 new employees in H1, with [...] Read more

Transylvania and Banat account for one-third of the modern retail stock in Romania, surpassing Bucharest; Moldova has the lowest stock but a strong pipeline

Bucharest, August 2025: The Romanian retail market has been very active throughout H1 2025, when projects totaling more than 162,000 sq. m were delivered. The modern retail stock in the country reached 4.73 million sq. m, with the largest share located in the Central - West region (16 counties in Tr [...] Read more

H1 2025, the 3rd best-performing first semester since 2014 in terms of demand for industrial & logistics spaces, 45% above the last 12 years’ average

Bucharest, July 2025: Companies leased industrial & logistics spaces with a total area exceeding 500,000 sq. m in H1 2025, corresponding to a robust y-o-y increase of 25% compared with the same period of last year, according to the Romania Industrial Marketbeat Q2 2025 report by the Cushman & [...] Read more

Romania emerges as a strategic destination for international retail; More than 40 new brands entered the market between 2020 - 2025

Bucharest, July 2025: Romania’s retail market continues to attract a growing number of international brands, according to an analysis conducted by the Cushman & Wakefield Echinox real estate consultancy company. The analysis reveals that more than 40 international retailers entered the Romania [...] Read more

Cushman & Wakefield Releases 2024 Sustainability Report

CHICAGO - Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released its 2024 Sustainability Report, demonstrating the firm’s commitment to operational excellence and responsible business practices. The report highlights the firm’s global impact across key [...] Read more

Transaction volume in H1 remained high, 30% above the 12-year average

Bucharest, July 2025 – The total volume invested in income-producing real estate assets - office, retail, logistics and industrial spaces and hotels - in Romania reached approximately €391 million in the first half of 2025, corresponding to a slight decrease of 6.5% compared to the same period i [...] Read more

Industrial rents in Romania remain among the lowest in EMEA despite 15% growth since 2019

Bucharest, July 2025 – The global logistics and industrial markets continue to evolve at an accelerated pace, with Central and Eastern Europe (CEE) emerging as a strategic hub in the reconfigured global supply chains. Amid economic uncertainty, inflationary pressures, and the need for operational [...] Read more

Romanians spent approximately €40 billion in major retail chains last year, up 7.1% vs 2023

Bucharest, July 2025 – Romanians spent approximately €40 billion in large retail chains last year, corresponding to a growth rate of 7.1% vs 2023. The 2024 growth rate marked a slowdown compared with 2023 (+11.1% vs 2022), but remained above inflation, according to the Romania Retail Snapshot 20 [...] Read more

40% of tenants require physical presence in the office, while 1 in 8 expands its space – cost and uncertainty remain key factors related to real estate strategy

Bucharest, June 2025 – Approximately 40% of office building occupiers require employees to work from the office 2 or 3 days per week, while 1 in 8 tenants is planning to expand its office footprint. These are among the key findings of the “What Occupiers Want 2025” report, based on a global su [...] Read more

Land price, energy mix, workforce availability, IT infrastructure, are the main advantages of Romania to attract investments in data centers

Bucharest, June 2025: Romania benefits from a series of favourable factors that facilitate the growth and expansion of data centre capacity and could emerge as a developing market, offering multiple strategic advantages for the development of the sector, according to an analysis conducted by the Cus [...] Read more

The British real estate group M Core has invested over €150 million in Romania since the beginning of the year and plans additional investments of over €200 million in the next two years.

Bucharest, June 2025: M Core, the leader of the local retail park market, has invested over €150 million since the beginning of the year for the acquisition of the Focsani Shopping Center from KBC and Suceava Shopping City, along with seven retail parks from real estate investor MAS. At the same t [...] Read more

Decline in cinema attendance and revenue in Romania in 2024

Bucharest, June 2025: Romanians spent €59 million in cinemas last year, an amount 5% lower compared with 2023, as ticket prices recorded a 10% y-o-y increase and the total number of tickets sold declined by 14%, according to the data offered by the Romanian Film Center and analyzed by the Cushma [...] Read more

Investments in Rental Housing and Student Accommodation Increase Across Europe; Romania Emerges as a High-Potential Market

The European living sector, including rental housing (PRS), purpose-built student accommodation (PBSA), and collective living solutions, continues to attract strong investor interest. According to the European Living Investor Survey 2025 conducted by the Cushman & Wakefield global real estate co [...] Read more

The retail projects delivered in the last two months in Romania accounted for 80% of the entire 2024 new supply

There was no retail project completion in Q1 in Romania, but the delivery pace significantly picked up in April and May, when ~150,000 sq. m of new schemes opened (including one super regional shopping center – Mall Moldova – in Iasi). This area represents 80% of the entire 2024 new supply, acco [...] Read more

Demand slowdown, few deliveries, but signs of recovery on the CEE Office Market in Q1

Bucharest, May 2025: The office space demand slowed down in Q1 across Central and Eastern Europe (CEE), where less than 30,000 sq. m were delivered across the region, corresponding to the area of a medium - sized building, according to data from the Cushman & Wakefield Echinox real estate consul [...] Read more

Floreasca Park attracts a new major tenant: Leroy Merlin leased approximately 4,000 sq. m in the building, one of the largest office transactions of this year

Bucharest, May 2025: The Floreasca Park building in the Floreasca - Barbu Vacarescu office submarket, one of the largest business hubs in Bucharest, attracts a new major tenant, Leroy Merlin, an internationally reputed DIY retailer which leased approximately 4,000 sq. m of office space. The transact [...] Read more

Strong start of the year for the industrial and logistics market: Demand increased by 31% and the new supply tripled compared with Q1 2024

Bucharest, May 2025: The industrial and logistics market had a promising start of the year, with almost 260,000 sq. m being leased in Q1, corresponding to a robust 31% y-o-y increase, according to the Romania Marketbeat Industrial Q1 2025 report produced by the Cushman & Wakefield Echinox real e [...] Read more

Cushman & Wakefield Echinox: Encouraged by the growing performance of the Bucharest hotel market, investors will add 1,000 rooms to the current supply by 2027

Bucharest, April 2025: The Bucharest hotel market recorded further performance recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR finally surpassed the milestone of 100-euro average daily rate, according to the real estate consulting company Cushman & Wakefield Echinox. Ma [...] Read more

Cushman & Wakefield Echinox provided strategic consultancy for the Mall Moldova project developed by Prime Kapital, the largest shopping center in the Moldova region and the only super-regional mall outside Bucharest

Bucharest, April 2025: The retail team of Cushman & Wakefield Echinox provided strategic consultancy for Prime Kapital, the developer of the Mall Moldova Iasi super-regional shopping center, being involved in securing renowned brands such as Inditex, Peek & Cloppenburg, IKEA or Leroy Merlin [...] Read more

Cushman & Wakefield Echinox exclusively sells a historically listed villa located on Aviatorilor Blvd., one of the most expensive properties available for sale in the Northern part of Bucharest

Bucharest, April 2025: The Cushman & Wakefield Echinox real estate consultancy company exclusively sells a historically listed villa in the Northern part of Bucharest, located on Aviatorilor Boulevard. Built in 1934 and designed by the renowned architect Duiliu Marcu, the property stands out for [...] Read more

E-commerce expansion is a major driver for the industrial & logistics market in Romania

Bucharest, April 2025: Romania is currently undergoing an accelerated transformation of the e-commerce market, generating an ever-growing demand for industrial & logistics spaces. According to the "Quo Vadis E-commerce" report released by Cushman & Wakefield, the online commerce continues to [...] Read more

Luxury retail sales in Europe slowed down in 2024, while Romania, with a 120% overall growth between 2019 - 2023, has yet to reach its full potential

Bucharest, March 2025 – The European luxury retail industry continued its growth in 2024, albeit at a more moderate pace compared with previous years. European luxury retail sales increased by 4% vs. 2023, but below the growth rates recorded in 2023 and 2022, which stood at 7% and 23%, respectivel [...] Read more

Romania's banking sector has a low exposure to commercial real estate, indicating stability and growth potential

Bucharest, March 2025 – The banking sector’s exposure to the commercial real estate market (CRE) (excluding the residential segment) exceeded RON 100 billion in September 2024, accounting for half of its total exposure to non-financial corporations. This increase, driven by the use of commerc [...] Read more

Office Fit-Out Costs in Bucharest increased by 12% in 2024, but remain among the most competitive in the CEE

Bucharest, March 2025: The average office fit-out costs in Bucharest increased by 12% in 2024 compared with the previous year, surpassing the €1,000/ sq. m threshold. This evolution aligns with regional trends, as most capital cities have seen cost increases ranging between 8-15%, according to dat [...] Read more

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