NEW AMERICAN AND ASIAN INVESTORS COULD EMERGE ON ROMANIA’S PROPERTY MARKET – TIM WILKINSON’S INTERVIEW FOR BUSINESS REVIEW EXCLUSIVE
While the value of real estate transactions was around EUR 1 billion in 2017, the value of deals in the first half of this year was under the same period of last year. Tim Wilkinson, Partner Capital Markets at Cushman & Wakefield Echinox, the real estate consultancy company, suggested that the m [...] Read moreNews
ESTIMĂM O CREŞTERE A VOLUMULUI DE EVALUĂRI CU 33%, PȂNĂ LA 4 MILIARDE DE EURO
București, mai 2018: Departamentul de evaluări al firmei de consultanţă imobiliară Cushman & Wakefield Echinox a evaluat ȋn 2017 peste 700 de proprietăţi cu o valoare cumulată de 3,1 miliarde de euro, iar pentru acest an estimează o creştere a volumului evaluărilor de 33%, spre nive [...] Read morePESTE 70% DIN SPECTATORII CINEMATOGRAFELOR DIN ROMȂNIA SUNT CONCENTRAŢI ȊN 10 ORAŞE
În cinematografele din zece oraşe din Romȃnia cu o populaţie cumulată de patru milioane de locuitori au fost ȋnregistrati ȋn 2017 peste 10 milioane de spectatori, aceste oraşe grupȃnd 72% din cererea cinematografică la nivel naţional, reiese din datele Centrului Naţional al Cinematografi [...] Read moreO NOUĂ CAFENEA STARBUCKS ȊN CLĂDIREA CAMPUS 6.1 DEZVOLTATĂ DE SKANSKA ȊN ZONA POLITEHNICII
București, 09 mai 2018: La şase luni după intermedierea tranzacţiei cu Starbucks pentru locaţia din strada Lipscani, cea mai veche arteră comercială a Bucureştiului, firma de consultanță imobiliară Cushman & Wakefield Echinox anunţă deschiderea unei noi locaţii a celui mai mare la [...] Read moreBUCUREŞTIUL A SĂRIT PRAGUL DE 1 MILION DE ANGAJAŢI. UN SFERT SUNT ȊN CLĂDIRI DE BIROURI MODERNE
Bucureşti, 19 Aprilie 2018: Numărul de angajaţi din clădirile de birouri clasa A şi B din Bucureşti a ajuns la aproximativ 250.000 la finalul anului trecut, ȋn timp ce efectivul total al salariaţilor din Capitală a [...] Read moreBUCUREŞTIUL A SĂRIT PRAGUL DE 1 MILION DE ANGAJAŢI. UN SFERT SUNT ȊN CLĂDIRI DE BIROURI MODERNE
Bucureşti, 19 Aprilie 2018: Numărul de angajaţi din clădirile de birouri clasa A şi B din Bucureşti a ajuns la aproximativ 250.000 la finalul anului trecut, ȋn timp ce efectivul total al salariaţilor din Capitală a depăşit pragul de 1 milion de persoane ȋn prima lună a acestui an. Ef [...] Read moreROMANIA: 10 MILLION SQUARE METERS OF RETAIL, LOGISTICS AND OFFICE SPACES. HOW DID THE MARKET LEADERS REACH THEIR DOMINANT POSITIONS?
Old industrial factories, production and storage halls, grocery markets and inefficient office buildings with dozens of small rooms and few windows, which were mostly used by public institutions, have gradually been torn down, making way for shopping centers, modern office buildings and industrial a [...] Read moreBUCHAREST LAND MARKET IN 2017: DEALS WORTH EUR 110 MLN MADE BY ROMANIAN DEVELOPERS
The land market in Bucharest soared by 69% to EUR 216 million in 2017 year-on-year, with deals comprising 116 hectares, according to data by Cushman & Wakefield Echinox, the real estate consultancy, who says this is a record in the last decade. “We expe [...] Read moreDEZVOLTATORII ROMÂNI, CEI MAI ACTIVI CUMPĂRĂTORI DE TERENURI ÎN BUCUREȘTI
București, 29 Martie 2018: Dezvoltatorii români, interesați în special de segmentul rezidențial, au fost în 2017 cei mai activi cumpărători de terenuri de mari dimensiuni pe raza Bucureștiului și a zonelor limitro [...] Read moreHOTELURILE DIN ROMANIA AU AVUT UN NUMAR RECORD, DE PESTE 20 DE MILIOANE DE INNOPTARI, IN 2017
Piata hoteliera din Romania a avut in 2017 cel de-al saptelea an consecutiv de crestere, in cele aproape 100.000 de camere de hotel fiind inregistrate peste 20 de milioane de innoptari, un avans de 4% fata de anul precedent, [...] Read moreTHE WEATHER AND CUSTOMER ORIENTATION SAVE THE ROMANIAN SHOPPING CENTERS
“The photos that reveal the end of the shopping centers” and “the retail apocalypse is underway in the US” are just two of the messages that have been promoted lately in the local media, raising questions and comments on the future of the Romanian retail in general and of the shopping malls [...] Read moreCITIES THAT ATTRACT TOURISTS WILL ALSO ATTRACT NEW BUSINESS INVESTMENTS
There is a direct correlation between the evolution of the number of tourists and the ability of cities to attract new employees, given that companies do not necessarily consider what city they choose for an investment, but what city can attract more employees in order to meet their development plan [...] Read moreAQUILA GROUP CONSOLIDATES CLUJ HUB WITH 10,000 SQM SPACE
Transport and distribution player Aquila Part Prod Com has leased 10,000 square meters of office and storage spaces on the ground of a real estate project located in Apahida, Cluj County, in a bid to consolidate its operations in this part of the [...] Read moreSTARBUCKS TO OPEN A NEW COFFEE SHOP IN BUCHAREST OLD TOWN
The coffee shops chain Starbucks will open a new unit on Lipscani street, in Bucharest old town, in a space owned by the entrepreneur Catalin Mahu, the founder of restaurants chain La Mama. Starbucks rented a space [...] Read more5ENSI – SENSORIAL BRASSERIE CONCEPT TO OPEN NEXT WEEK IN BUCHAREST AFTER EUR 600,000 INVESTMENT
A new type of brasserie, 5ENSI – Sensorial Brasserie Concept, based on the trend “World Wide Kitchen” for business and leisure meetings, will open next week in Bucharest, in Victoriei square, in Aviatorilor 8 building. The investment for the [...] Read moreREGIONAL CITIES: THE NEW WAVE ON THE OFFICE MARKET
As the office market in Bucharest is maturing, cities like Timisoara, Cluj-Napoca, Iasi and Brasov gain ground in the eyes of real estate developers. The modern office stock in the main regional cities in Romania – Cluj-Napoca, Timisoara, Iasi [...] Read moreVACANCY RATE OF OFFICES IN BUCHAREST DOWN CLOSE TO 8.2 PCT
Taking into account that the offices stock in Bucharest remained constant, the vacancy rate dropped to approximately 8.2 percent in the third quarter from 9.3 percent at the half of the year, according to an analysis of Cushman & Wakefield Ec [...] Read moreCORPORATIONS HAVE BEGUN RESERVING OFFICES IN ADVANCE FOR 4,000 EMPLOYEES
Real estate developers have not finished any new office building in Bucharest in Q3 this year, and yet corporations wishing to expand or enter the Romanian market have reserved an area of 37,000 square meters in buildings undergoing constru [...] Read moreBUSINESS REVIEW: “QATAR AMBASSADOR HAS A NEW RESIDENCE IN NORTHERN BUCHAREST…”
The new official residence of the Qatar Embassy in Romania is located in Northern Bucharest, in a new building that spans 4,000 sqm. The villa, which was completed in 2014, has an interior pool, a Jacuzzi and a private kindergarten. The leasing [...] Read moreRETAIL STOCK IN ROMANIA’S BIG CITIES TO EXPAND BY 500,000 SQM UNTIL 2020
The modern retail spaces stock from the biggest 23 cities of Romania, with a population of over 90,000 citizen each, will increase in the next three years by approximately 500,000 sqm, with most of the development set to be recorded in Bucharest [...] Read moreTHE TOTAL INDUSTRIAL & LOGISTICS STOCK EXCEEDED THE 3 MILLION SQ M THRESHOLD
Bucharest, August 2018: The local industrial and logistics stock exceeded the 3 million sq m threshold, reaching 3.12 million sq. m at the end of H1 2018, according to Romania’s Industrial & Logistics Market H1 2018 report by Cushman & Wakefield Echinox. Almost 90% of the current stock [...] Read moreARE THERE TOO MANY DWELLINGS BEING BUILT IN ROMANIA?
The residential market is becoming ‘hotter’ and ‘hotter’, a matter which is also observed by the officials of the National Bank of Romania who monitor the price evolution, as well as by the majority of the inhabitants who live in the big cities, where a large number of building sites have em [...] Read moreROMANIA’S LOGISTICS&INDUSTRIAL MARKET COULD SET NEW RECORDS IN 2017
With industrial & logistics space take-up racing beyond consultants’ expectations this first semester, the market looks set to reach new highs by yearend. A record level of over 300,000 sqm of logistics & industrial space was leased in [...] Read moreMODERN OFFICE SPACE IN ROMANIA’S MAIN REGIONAL CITIES REACHED ALMOST 700,000 SQM IN THE FIRST SIX MONTHS OF THIS YEAR
Modern office space in Romania’s main regional cities reached almost 700,000 sqm in the first six months of this year compared to 2.6 mln sqm in Bucharest, according to Cushman & Wakefield Echinox. The main regional cities include Cluj-Napoc [...] Read more