Posts - Cushman & Wakefield Echinox

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 level 7% higher than in the Central-West region of the country (16 counties in Transylvania and Banat), which reached 1,18 million square meters, and double the stock of the region [...] 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 700 properties with a cumulative value of 4 billion euros in 2018, while estimating an increase of 25% of the valuation volume, potentially reaching the 5 billion e [...] Read more

A SHOP, BUT NOT AS WE KNOW IT – THE BRIGHT, VIRTUAL RETAIL FUTURE

Will robots be able to spell our names correctly when ordering a drink at Starbucks? What if you could see yourself in that brand new outfit without walking out of the shop? The role of virtual reality and augmented reality in our daily lives is becoming a common thread in many discussions around [...] 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 office building, situated in the Floreasca area, in Bucharest. This is the second mandate for the management of an office building by CWEchinox in 2019, the Asset Se [...] 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 famous rooms will offer surprises to all those who will visit the location. Museum of Senses is the first private museum in Constanţa, having the city itself as a representative element, [...] 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 the team in September 2017 as Junior Researcher. With an international academic background, holding an MA International Security degree from the U [...] 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 office building in Bucharest (former Bucharest Corporate Center), a representative business center located in the business center area of the Capital (CBD). Cus [...] 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 groups from China and South Korea are exploring the potential to invest directly in the primary commercial markets. It is feasible that the first transaction could occur by the end of [...] 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 segments, as investors plan to deliver industrial, retail and office spaces with a cumulated area of 1.2 million square meters, a new market record. In comparison, new spaces of aroun [...] Read more

AN RECORD PENTRU TRANZACȚIILE CU BIROURI, 20 DE CLĂDIRI DE 500 DE MILIOANE DE EURO ȘI-AU SCHIMBAT PROPRIETARII

București, ianuarie 2019: Tranzacțiile cu imobile de birouri au atins în 2018 un nivel record pentru ultimul deceniu, doar în București fiind achiziționate un număr de 20 de imobile cu o suprafață închiriabilă cumulată de 220.000 de metri pătrați și o valoare de peste 500 de milioane [...] 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 euros last year in Bucharest, a new record for the past ten years, according to the Cushman & Wakefield Echinox real estate consultancy firm which has monitor [...] 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 Transactions – Land & Investment. Alexandru Mitrache has been the Head of Land Development department within the company for the past three years, offeri [...] Read more

THE WEWORK EFFECT ON FLEXIBLE WORKSPACE IN THE UK REGIONS

With more than ten years on from when the term “coworking” was first identified as a trend by Google’s search database, the UK Flexible Workspace market saw its greatest growth in the last two years with the UK’s regional cities being no exception. 2018 was a year of continued growth, which [...] 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 as terms have been reached with the general contractor and the construction works have started. Colosseum Mall represents the most important retail development in Bucharest [...] Read more

PROPERTY MANAGEMENT TRANSFORMS INTO “PEOPLE MANAGEMENT”

The main trends in the new paradigm of the real estate market are the “digitization” of shopping centers through an omnichannel approach and the development of a community feeling within business centers. These also represent the biggest challenges for the management of retail and office space. [...] Read more

WHY INVEST IN ROMANIA? THE TIMES INVESTING IN PROPERTY INTERVIEW WITH MIHNEA ŞERBĂNESCU

The Times – Investing in Property, a business magazine dedicated to the real estate market, was published in 2018 and includes the most important players in the market, interviews, case studies, trends and key reasons to invest in Romania. Here is a part of the interview with Mihnea Şerbăn [...] 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 2018, similar to 2017 and double the advance in consumption, which increased by 5.9% during the first ten months of the year, according to the second edition of Retailers’ [...] 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 located within Penny Retail Park, developed by REWE Group by remodelling a former XXL unit. The new McDonald’s restaurant will have an area of alm [...] 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 the local market since 2015, will open a new store at Botosani Shopping Center, a transaction brokered by Cushman & Wakefield Echinox real estate consultancy firm. [...] 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 Romanian real estate market, with the most active buyers being investors from South Africa, with a market share of 28%, followed by Greek investors (14%), French (10%) and Romanians (7%), accor [...] 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. Cushman & Wakefield, the international real estate advisory firm present globally in over 70 countries, was also named the top advisor and consultant in [...] 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 its first high street store in Romania in Piata Romana, one of the most important commercial areas in Bucharest, on November 29th. Miniso leased a space of 125 square meters o [...] 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 Echinox (CWE) in October 2015, acquiring expertise in research and analysis in retail, residential, office, industrial and hospitality segments. During the [...] 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 in terms of supply and demand, with development being condensed in a number of large cities with access to at least one highway that facilitates the transport and d [...] Read more

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