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 moreNews
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 moreCUSHMAN & 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 moreONE 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 moreAEW 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 moreTHE 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 moreROMANIA 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 moreIF 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 moreTHE 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 moreSTREAMWIDE 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 moreDEVELOPERS 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 morePROPTECH – 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 moreWho'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 moreTHE 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 moreROMANIA 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 moreCUSHMAN & 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 moreTHREE 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 moreROMANIA 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 moreCONSIGNOR 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 moreZF 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 moreCĂRTUREŞTI 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 moreTHE 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 moreWE 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 moreA 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