Posts - Cushman & Wakefield Echinox

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

IF ALL PROJECTS ARE DELIVERED ON TIME, 2019 WILL BE A NEW RECORD YEAR FOR THE BUCHAREST OFFICE MARKET

Bucharest, August 2019: The Bucharest office market could have a record year in terms of deliveries in 2019, provided that all the announced projects are finalized on time, a scenario in which modern office spaces with a total area of about 377,000 square meters will have been delivered in th [...] Read more

THE COMPETITION FOR QUALITY REAL ESTATE ASSETS INTENSIFIES, WITH INCREASED ACTIVITY IN THE OFFICE, INDUSTRIAL AND HOSPITALITY SEGMENTS

Bucharest, August 2019: The investment volume in H1 2019 amounted to almost 410 million euros, a 6% increase compared to the similar period of last year, when the corresponding figure for investment transactions was of 386 million euros, according to Cushman & Wakefield Echinox calculations and [...] Read more

STREAMWIDE JOINS THE NEW IT HUB CREATED IN THE TIMPURI NOI SQUARE PROJECT

Bucharest, August 2019: StreamWIDE, a company specialized in the software and telecommunications industry, realocates its office in Bucharest in the Timpuri Noi Square project, joining the new IT hub created in the business park developed by Vastint Romania. StreamWIDE leased a 730 sq. m space i [...] Read more

DEVELOPERS WILL ACCELERATE MALL OPENINGS IN THE SECOND HALF OF THE YEAR WHEN 150,000 SQ M OF NEW SPACES WILL BE DELIVERED

Bucharest, August 2019: Deliveries of commercial spaces will accelerate in the second half of the year, when approximately 150,000 square meters will be delivered in several cities in the country with new deliveries in Bucharest amounting for 35,000 square meters, according to H1 Romania Retail Mark [...] Read more

PROPTECH – THE DESIRED BENEFIT FOR REAL ESTATE

The interaction of people with automated technology is an interesting challenge and it continues to develop, experts say, despite impediments such as the unusual reluctance of the consumer and the high initial cost of some technologies. In the real estate industry, it can ensure the security and aut [...] 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

THE EMPLOYEES WORKING IN BUCHAREST SPEND 45 MINUTES ON AVERAGE FROM HOME TO OFFICE WHERE THEY WOULD LIKE TO HAVE MORE EATING, FITNESS AND SHOPPING OPTIONS

Bucharest, July 2019: The employees working in Bucharest in modern offices make an average of 46 minutes between home and work, 52% of them considering the commuting time to be long or too long, according to the first edition of the Working Habits and Commuting Patterns study, realised by the real [...] Read more

ROMANIA IS IN THE TOP OF EUROPEAN COUNTRIES IN TERMS OF RETAIL PARKS DEVELOPMENT

Bucharest, June 2019: Romania was ranked fifth at a European level in 2018 regarding the deliveries of retail spaces in retail parks, being overtaken in this hierarchy only by France, Spain, Great Britain and Italy, according to the European Retail Park – What’s Next report, realised by the con [...] Read more

CUSHMAN & WAKEFIELD ECHINOX TAKES OVER THE MANAGEMENT OF THE EMINESCU OFFICE BUILDING IN BUCHAREST

Bucharest, June 2019: The Cushman & Wakefield Echinox real estate consultancy company was commissioned to manage the Eminescu Office building, which has recently been delivered in Bucharest, near Piaţa Romană. This is the third office building that has been taken over for management purpose [...] Read more

THREE IT COMPANIES LEASED 6,500 SQM OF OFFICE SPACES IN CLUJ-NAPOCA

Bucharest, May 2019: Cushman & Wakefield Echinox brokered three leases of office spaces in Cluj-Napoca with a cumulated area of 6,500 square meters in the first months of the year, the tenants being three IT companies, already present in the city. The three companies had occupied office [...] Read more

ROMANIA IS THE FIFTH MOST ATTRACTIVE MANUFACTURING MARKET IN EUROPE

Bucharest, May 2019: Romania is the fifth most attractive manufacturing market in Europe and was ranked 12th globally, according to the Manufacturing Risk Index 2019 study, conducted by the Cushman & Wakefield real estate consultancy company. Cushman & Wakefield analyzed 48 countries fro [...] Read more

CONSIGNOR EXPANDS ITS OFFICE FROM VICTORIEI CENTER, WHERE IT WILL OCCUPY 2000 SQ M IN THE NEXT FIVE YEARS

Bucharest, May 2019: The international software company Consignor, specialized in producing software for the management of deliveries, expands its office from the Victoria Center building found in the center of Bucharest, where it will occupy 2,000 square meters over the next five years. The transac [...] Read more

ZF RESIDENTIAL: C&W ECHINOX RESIDENTIAL AGENCY PREMIUM PROPERTIES IN ZIARUL FINANCIAR

Looking to Buy, Lease or Sell an exclusive property in the North area of Bucharest? Our Residential Agency experts can offer on request, a selection of private and off-market properties. Invest in your future home comfort and style! “We work alongside embassies, state institutions, multi-nation [...] Read more

CĂRTUREŞTI OPENS THE FIRST BOOKSTORE IN AN OFFICE BUILDING, ON THE GROUND FLOOR OF THE AMERICA HOUSE BUILDING IN PIAŢA VICTORIEI

Bucharest, April 2019: Cărtureşti, the most important bookstore chain on the local market, will open its first store on the ground floor of the America House office building in Bucharest at the end of May, marking two premieres for the local market: launching a new Cărtureşti concept on a smalle [...] Read more

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

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