Posts - Cushman & Wakefield Echinox

THE RESTRICTION ON SHOPPING CENTERS ACTIVITY AFFECTS OVER 9,000 STORES IN ROMANIA AND CHANGES THE CONSUMPTION HABITS

Bucharest, April 2020: The decision of the authorities to temporarily suspend the purchase of goods considered non-essential from the shopping centers affects more than 9,000 stores and each day when they are closed equals with between 15 and 20 million euros lost from unearned income, according to [...] Read more

THE MARKET REMAINS ACTIVE: CTP ACQUIRES EQUEST LOGISTIC PARK FOR APPROXIMATELY EUR 30 MILLION, A TRANSACTION ADVISED BY CUSHMAN & WAKEFIELD ECHINOX

CTP, the leading premium industrial park developer and long-term manager in Romania and Central and Eastern Europe expands its portfolio in the vicinity of Bucharest, on the A1, at Km 13, the ground zero of the industrial logistic market in Romania, buying Equest Logistic Park for approximately EUR [...] Read more

CUSHMAN & WAKEFIELD ECHINOX TAKES OVER THE MANAGEMENT OF MENDELEEV OFFICE 5 BUILDING IN BUCHAREST DOWNTOWN

Bucharest, March 2020: The real estate consultancy company Cushman & Wakefield Echinox was commissioned to manage Mendeleev Office 5, an office building recently delivered in Bucharest downtown, by Akcent Development. This is the fourth office building that has been taken over under the manag [...] Read more

90% OF THE INDUSTRIAL AND LOGISTICS STOCK IS LOCATED IN EIGHT CITIES. DEVELOPERS ARE STILL AVOIDING CITIES FROM THE MOLDOVA REGION, DUE TO THE LACK OF INFRASTUCTURE

Bucharest, March 2020: The stock of industrial and logistics spaces in the local market has exceeded the 4 million square meter threshold, 90% of the total stock being concentrated in eight large cities from the southern, central and western parts of Romania, according to the Romania Industrial &am [...] Read more

WE ESTIMATE FOR 2020 A 15% INCREASE OF THE VALUATION VOLUME

Bucharest, February 2020: The valuation department of Cushman & Wakefield Echinox real estate consultancy company has evaluated in 2019 properties with a cumulative value of 4.2 billion euros, while estimating an increase of 15% of the valuation volume for the upcoming year. Bogdan Sergentu, [...] Read more

WITH € 1.5 BILLION IN ACQUISITIONS, NEW INVESTORS INCREASE THE COMPETITION FOR THE BEST REAL ESTATE ASSETS IN ROMANIA

Bucharest, February 2020: The local real estate market has attracted in the last five years over 20 new investors from all over the world, the most active of them making acquisitions with a total value of approximately 1.5 billion euros, according to the data of the real estate consulting company C [...] Read more

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS TEAM: ANDREI BRÎNZEA JOINS THE MANAGEMENT OF THE INDUSTRIAL DEPARTMENT

Bucharest, February 2020: Cushman & Wakefield Echinox consolidates its management team by recruiting Andrei Brînzea as Partner – Land & Industrial Agency. Andrei is a specialist with over 12 years of experience in real estate, being involved in the development of Lidl and Kaufland ret [...] Read more

THE OFFICE, RETAIL AND INDUSTRIAL DELIVERIES SURPASS THE 1 MILLION SQUARE METER THRESHOLD IN 2019, PUSHING THE TOTAL STOCK TO 12 MILLION SQUARE METERS

Bucharest, January 2020: The real estate developers completed in 2019 new industrial, retail and office space deliveries with a total cumulative area of more than 1 million square meters, with the office and industrial sectors being the most active ones, according to a study realized by Cushman &am [...] Read more

IN 2019 THE LARGE DEVELOPERS BOUGHT LAND FOR OVER 6,000 APARTMENTS AND 130,000 SQM OF OFFICES IN BUCHAREST

Bucharest, December 2019: The major real estate developers continued to be active in Bucharest throughout 2019, providing the land needed for new projects consisting of over 6,000 apartments and 130,000 square meters of offices. Overall, in 2019, 24 major transactions were made in Bucharest with [...] Read more

THE STOCK OF MODERN OFFICES OUTSIDE BUCHAREST WILL REACH THE 1 MILLION SQUARE METERS THRESHOLD IN 2020

Bucharest, December 2019: The stock of modern offices in the big regional centers of Romania – Cluj-Napoca, Timișoara, Iași and Brașov – will reach the threshold of 1 million square meters in 2020, with a delay of almost one year compared to the initial estimates, Despite the fact that 2019 [...] Read more

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS TEAM: DAN NASTASE JOINS THE ASSET SERVICES DEPARTMENT TO COORDINATE THE PENNY MARKET PORTFOLIO

Bucharest, December 2019: Cushman & Wakefield Echinox consolidates its team by recruiting Dan Nastase as Property Manager within the Asset Services department.Dan Nastase will take over the coordination of PENNY Market shopping centers portfolio, consisting of 25,000 square meters of commercial [...] Read more

CUSHMAN & WAKEFIELD ECHINOX RESIDENTIAL TEAM FEATURED IN LUXURY MAGAZINE SPECIAL EDITION

The premium residential market is an exclusive niche in terms of properties and consultants who can offer this type of real estate services. The most sophisticated and sometimes even extravagant demands involve both residencies with special exposure and prestige for ambassadors or diplomatic missio [...] Read more

HONG KONG TOPS GLOBAL RANKING OF MOST EXPENSIVE SHOPPING STREETS, ABOVE NEW YORK AND LONDON. BUCHAREST TOPS THE SAME RENTS AS BRATISLAVA

November 2019 – Hong Kong’s Causeway Bay has retained its crown as the world’s most expensive shopping street with London’s New Bond Street taking the title for the costliest place in Europe to locate a retail store, according to new data from Cushman & Wakefield. The annual ‘Main [...] Read more

Who’s Who in residential real estate – Concierge. Broker. Consultant for diplomatic missions

The most sophisticated and sometimes even extravagant demands on the premium residential market come from diplomats and diplomatic missions, an exclusive niche in terms of properties and consultants who can offer this type of real estate services. Always located in premium areas, such as Kiseleff, [...] Read more

Who’s Who in residential real estate – The secret of longevity in the consultancy industry

In modern times, people are constantly looking for new experiences and challenges, and nothing seems to keep them in the same place on the long term. It seems utopian to work your whole life in a certain industry or company. Mihaela Pană, Partner, Residential Agency Cushman & Wakefield Echinox, [...] Read more

ROMANIANS’ GROWING APPETITE FOR RESTAURANTS AND CAFES WILL LEAD THE MARKET TO OVER 5 BILLION EUROS IN REVENUES

Bucharest, November 2019: The restaurants and cafés sector (Food & Beverage) in Romania has been constantly growing during the last few years as a result of a robust increase in wages and purchasing power on one hand and also due to the larger number of foreigners that visit Romania for busines [...] Read more

LUXURY MAGAZINE: C&W ECHINOX RESIDENTIAL AGENCY PREMIUM PROPERTIES FEATURE

Looking to Buy, Lease or Sell an exclusive property in the North area of Bucharest? Our latest premium properties are featured in Luxury & our Residential Agency experts can offer on request, a selection of private and off-market properties. Invest in your future home comfort and style! Co [...] Read more

CUSHMAN & WAKEFIELD ECHINOX RECRUITS ANDREI IANCULESCU TO COORDINATE THE PROJECT MANAGEMENT DEPARTMENT

Bucharest, October 2019: Cushman & Wakefield Echinox consolidates the Project Management department by recruiting Andrei Ianculescu as Head of Project Management. Andrei Ianculescu has over 19 years of experience in the real estate industry, offering technical project management and due dili [...] Read more

ZF OFFICE & RESIDENTIAL 2019 CONFERENCE: MIHAELA PANA PREMIUM RESIDENTIAL CONSULTANT SPEAKER…

“We could see a supply and demand imbalance next year, because the northern area of Bucharest is invaded by many large residential projects”, declared Mihaela Pană, Partner Residential Agency, Cushman & Wakefield Echinox. “Buyers pay a lot of attention to the workplace proximity. The s [...] Read more

CUSHMAN & WAKEFIELD ECHINOX TAKES OVER THE ADMINISTRATION OF COLOSSEUM SHOPPING CENTER, EXPANDING ITS RETAIL PORTFOLIO IN BUCHAREST

Bucharest, October 2019: The Asset Services department of the real estate consulting company Cushman & Wakefield Echinox has taken over the administration of the Colosseum shopping center since October 1st, thus expanding its portfolio in Bucharest with a project in full expansion. Opened in [...] Read more

ONE UNITED PROPERTIES ADDS A NEW DIMENSION TO THE WORK-LIVE-SHOP CONCEPT WITHIN ONE COTROCENI PARK, THROUGH A SHOPPING CENTER-SIZED RETAIL AREA

Bucharest, September 2019: The One Cotroceni Park project, developed by One United Properties in Bucharest on a 5.8 hectares land plot, will give a new dimension to the Work – Live – Shop concept on the local market, offering a 15,000 square meters retail area, comparable to that of a medium-si [...] Read more

AEW SUCCESSFULLY SELLS AMERICA HOUSE TO MORGAN STANLEY IN A JOINT VENTURE WITH DAVID HAY AND PROMENADA MALL TARGU MURES TO INDOTEK

Bucharest, September 2019: AEW, one of the largest global real estate investment funds, part of the French financial group Natixis, has completed the sale of America House office building located in Piaţa Victoriei, Bucharest and Promenada Mall, the largest shopping center in Targu Mures. AEW enter [...] Read more

THE GERMAN FASHION RETAILER MARC O’POLO OPENS ITS FIRST MONO-BRAND STORE IN ROMANIA IN BUCHAREST MALL

Bucharest, September 2019: Marc O’Polo fashion brand, present in over 2,000 stores in 39 countries, opens its first mono-brand store in Romania in Bucharest Mall, a transaction brokered by the Cushman & Wakefield Echinox real estate consulting company. Marc O’Polo is a well-known brand in [...] Read more

ROMANIA DOUBLED ITS INDUSTRIAL STOCK IN HALF A DECADE

Bucharest, August 2019: The industrial and logistics market in Romania is currently enjoying its best period in history, both in terms of supply and demand, doubling its total stock during the past five years, according to the data from the Cushman & Wakefield Echinox real estate consultancy com [...] Read more

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