Posts - Cushman & Wakefield Echinox

The inflation, minimum wage rises and the increase of VAT have been having the highest impact on office operational costs

Bucharest, January 2026: The office operational costs in Bucharest have increased by approximately 17% over 2025, according to an analysis of the Cushman & Wakefield Echinox real estate consultancy company. The upward trend was driven by a combination of macroeconomic and operational factors, in [...] Read more

Cushman & Wakefield Echinox successfully completes the sale of Terranova Logistic Park

Bucharest, January 2026: Cushman & Wakefield Echinox announces the successful completion of the sale process for Terranova Logistic Park, located on Soseaua Bucuresti -Targoviste in the northern part of Bucharest, at the intersection with the city’s ring road. The property was acquired by a gr [...] Read more

The major real estate investors in Romania anticipate rental growth and demand stabilization for new spaces in 2026

Bucharest, January 2026: The leading investors and property developers in Romania anticipate rental growth throughout 2026, particularly in the office segment, while occupier demand shows signs of consolidation rather than expansion, according to the 4th edition of the Cushman & Wakefield Echino [...] Read more

Anna Maria Mazaraki, a renowned Greek jewellery designer enters Romania with the first store opened in ParkLake Shopping Center in Bucharest

Bucharest, December 2025: Anna Maria Mazaraki, a renowned Greek jewelry designer, opens the first store in Romania within the ParkLake Shopping Center in Bucharest, developed by Sonae Sierra, through a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company. AM [...] Read more

Cushman & Wakefield Echinox completes the sale of Zenith Conference & Spa complex in Mamaia to the owners of Steaua de Mare Hotels & Resorts

Bucharest, December 2025: Cushman & Wakefield Echinox announces the successful completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the most prominent hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nor [...] Read more

More than 80% of Romania’s largest office occupiers spend less than 5% of their turnover on modern office spaces

Bucharest, December 2025: The largest office occupiers in Romania have annual estimated occupancy costs exceeding €260 million for the modern office spaces they are currently leasing (headquarters and secondary offices), representing less than 1% of their cumulative turnover achieved in 2024, acco [...] Read more

Allianz-Tiriac Asigurari completes the sale of its two former headquarters in Bucharest to Praktiker Real Estate and Primavera Development

Bucharest, December 2025: Allianz-Tiriac Asigurari, one of the leading insurance companies on the local market, has successfully completed the sale of its two former headquarters located in the Victoriei Square area of Bucharest, through transactions brokered by the Cushman & Wakefield Echinox r [...] Read more

Cushman & Wakefield Echinox appointed exclusive advisor for the sale of former Electroputere Craiova Industrial Platform

Bucharest, December 2025: Cushman & Wakefield Echinox, a leading real estate consultancy, has been appointed as the exclusive advisor for the sale of a 37-hectare land plot part of the former Electroputere industrial platform, situated in the central-eastern area of Craiova. This strategic prope [...] Read more

Premium residential market prices have doubled over the last few years amid an extremely limited supply

Bucharest, November 2025: The premium residential market in Bucharest has experienced a significant price surge over the last few years, reaching record levels, particularly in highly sought-after areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți. This trend is the result of a combina [...] Read more

London’s New Bond Street Named World’s Most Expensive Retail Destination For First Time. Calea Victoriei stands 39th among the most expensive retail streets in the world

Bucharest, November 2025 – Rents in Calea Victoriei, the main retail street in Bucharest, recorded the 3rd highest growth among the 50 analysed markets worldwide in the latest edition of the "Main Streets Across the World" report by Cushman & Wakefield. Calea Victoriei boasts a prime rental [...] Read more

Consistent office pipeline in Bucharest, around 170,000 sqm of projects due to be delivered in 2026-2027

Bucharest, November: Companies leased 197,200 square meters of office space in Bucharest in the first nine months of the year, with more than 50% representing new demand. The total transacted volume during the period analyzed is 25% lower compared to the corresponding period last year. However, in t [...] Read more

The demand for logistics and industrial spaces reached 750,000 sq. m. in the first 9 months of 2025, showing a 30% growth year-on-year

Bucharest, November 2025: The demand for logistics and industrial spaces reached 750,000 sq. m during the first 9 months of this year, an increase of 30% compared with the same period of 2024, according to the Romania Industrial Marketbeat Q3 2025 report released by the Cushman & Wakefield Echin [...] Read more

The new supply of retail projects during the first 9 months of the year exceeded the level recorded in the entire 2024; projects totalling more than 200,000 sq. m are set to be completed in 2025.

Bucharest, October 2025: The new supply of retail projects in the first 9 months of the year exceeded the level recorded in the entire 2024, as 2025 is shaping up to be the second most prolific year over the past decade in terms of new retail space deliveries, according to the Romania Retail Marke [...] Read more

Investments in defence, green energy and critical materials to boost the logistics and industrial market

Bucharest, October 2025: Demand for industrial and logistics spaces in Europe, including Romania, is set to increase significantly in the coming years, driven by strategic investments in defence, green energy, critical materials for the technology sector, as well as life sciences, according to the r [...] Read more

Cushman & Wakefield Echinox expands its Project & Development Services team, Gabriel Vinte joins as Business Development Manager

Bucharest, October 2025: Cushman & Wakefield Echinox, one of the leading real estate consultancy firms on the local market, announces the appointment of Gabriel Vinte as Business Development Manager within the Project & Development Services (PDS) department. In addition to responsibilities f [...] Read more

Foreign direct investments (FDI) in real estate and construction tripled during the 2014 - 2024 period, reaching 17.3% of total FDI stock

Bucharest, October 2025: Foreign direct investments (FDI) in the real estate and construction sector in Romania have more than tripled in absolute value during the 2014 - 2024 period (corresponding to an increase by €15.1 billion), up to a level of €21.6 billion. As a result, the share of this e [...] Read more

More than 60% of the total modern stock of industrial and logistics spaces in Romania is located within a 1 - hour drive from Bucharest; Moldova and Oltenia, the least developed regions

Bucharest, October: The total modern stock of industrial and logistics spaces in Romania is rapidly approaching the 8 million sq. m threshold, as more than 60% of the current stock is situated in projects located within a maximum 1 - hour drive from Bucharest, while Moldova and Oltenia remain the le [...] Read more

The largest ongoing real estate developments are predominantly built on former industrial platforms, with many cities across Romania still offering significant opportunities

Bucharest, September 2025: Bucharest continues to be the predominant location for the transformation of former industrial platforms due to the scale of its real estate market and the high number of available sites. The capital city generates the largest volume of land plot transactions within the ur [...] Read more

Romania, among the most favorable EU countries for property taxation; Romanians pay less than €100 annually – more than seven times lower than the EU average

Bucharest, September 2025: Romania stands out in the European fiscal landscape through a significantly lower level of property taxation compared with the European Union average, according to an analysis conducted by the Cushman & Wakefield Echinox real estate consultancy company, based on EUROST [...] Read more

Zabka Group opens a new Froo store in Bucharest in America House office building

Bucharest, September 2025: Froo Romania Retail, a company of Żabka Group, opens a new Froo store in America House office building in the CBD area of Bucharest, with the lease being brokered by the Cushman & Wakefield Echinox real estate consultancy firm. There are no doubts about great succe [...] Read more

Romania’s Hotel Market Outperforms Expectations in H1 2025, Strengthening Its Investment Appeal in the CEE Region

Romanian hotel market experiences further performance growth in first half of 2025. The occupancy increased by around 4% in the first six months of the year compared to the same period of 2024, according to a study conducted by the Cushman & Wakefield Echinox real estate consultancy company base [...] Read more

Cushman & Wakefield Echinox provided strategic consultancy for the Agora Mall, one of the largest shopping centers in Arad

Bucharest, September 2025: The retail team of Cushman & Wakefield Echinox has successfully provided strategic consultancy to the developer of Agora Mall Arad (formerly Galleria Arad), which officially reopened on August 28 following an extensive refurbishment and repositioning process. This mile [...] Read more

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

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