Posts - Cushman & Wakefield Echinox

THE OFFICE BUILDING MENDELEEV OFFICE 5 REACHES AN OCCUPANCY RATE OF 95%, BOTH CONTRACTUALLY AND PHYSICALLY

Bucharest, August 2021: Mendeleev Office 5 office building, developed by Akcent Development in the center of the Capital and managed by the Asset Services team of Cushman & Wakefield Echinox, has attracted a new tenant, the advertising agency Jam Session Agency reaching an occupancy rate of 95%. [...] Read more

MODEST RETAIL DEVELOPMENT ACTIVITY IN THE FIRST 9 MONTHS OF THE YEAR, CONSISTENT PIPELINE FOR 2022

Bucharest, November 2021: The development activity in the retail market has been modest in the first nine months of this year, with only three small projects delivered, but we have also seen new retailers and developers entering the Romanian market this year, according to the Cushman & Wakefield [...] Read more

RETAIL PARKS IN ROMANIA PROVED TO BE TWICE MORE RESILIENT THAN SHOPPING CENTERS DURING THE PANDEMIC

Bucharest, August 2021: Retail parks in Romania proved to be much more resilient during the pandemic than shopping centers, the turnover of the companies that own such properties decreasing by 9.5% during 2020, compared with a decrease of 20.6% in the case of shopping centers, according to an analys [...] Read more

PAIN PLAISIR ARTISAN BAKERY WILL OPEN A NEW LOCATION IN J8 OFFICE PARK

Bucharest, August 2021: Pain Plaisir artisan bakery will open in November 2021 a new location in Bucharest with an area of 68 square meters within the J8 Office Park project, developed by Portland Trust, a transaction intermediated by the real estate consulting company Cushman & Wakefield [...] Read more

CUSHMAN & WAKEFIELD ECHINOX: TRANSACTIONS TOTALING 300 MILLION EUROS HAVE BEEN CLOSED IN H1 2021, BACKED BY THE INCREASING OFFICE APPETITE OF THE AUSTRIAN INVESTORS

Bucharest, July 2021: The total value of transactions with commercial real estate assets in Romania reached 298 million euros in the first half of 2021, a 23% decrease compared to the same period of last year, the market being supported primarily by the return of the Austrian investors’ appetite f [...] Read more

GRAM BISTRO AND SUENTO OWNERS OPEN A NEW RESTAURANT ON THE GROUND FLOOR OF THE MENDELEEV OFFICE 5 OFFICE BUILDING IN THE CENTER OF THE CAPITAL

Bucharest, July 2021: Adriana Dănilă and Stelian Olaru, the owners of Gram Bistro and Suento by Gram restaurants, will open a new restaurant at the end of July on the ground floor of the Mendeleev Office 5 office building in Bucharest, a building developed by Akcent Development and managed by Cush [...] Read more

SUPERBET OPENS ITS FLAGSHIP AGENCY IN THE CITYGATE OFFICE PROJECT IN BUCHAREST

Bucharest, July 2021 – Superbet, the largest sports betting operator in Romania, present in over 1,000 agencies in the country, opened a new location within the City Gate project in Bucharest, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox. Th [...] Read more

A&D PHARMA, PART OF DR.MAX GROUP, LEASED A 9,000 SQM WAREHOUSE IN CTPARK SIBIU

Bucharest, July 2021: A&D Pharma, a subsidiary of Dr.Max Group, which owns the phamacy chain with the same name, has leased a warehouse of 9,000 square meters in the CTPark Sibiu project located in the western part of the city, a transaction brokered by the Cushman & Wakefield Echinox real e [...] Read more

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS TEAM, RALUCA MIHAIU JOINS THE MANAGEMENT DEPARTMENT

Bucharest, June 2021: Cushman & Wakefield Echinox consolidates its management team by recruiting Raluca Mihaiu, a specialist with over 15 years of experience in the real estate and construction sector, as CFO & Operations Manager. Raluca Mihaiu has a vast financial and operational experi [...] Read more

CUSHMAN & WAKEFIELD ECHINOX ADVISED THE OREGON PARK LANDLORDS ON THE DEKRA TRUSTED FACILITY AUDIT AND CERTIFICATION PROCESS

Bucharest, June 2021: The real estate consulting company Cushman & Wakefield Echinox advised the Lion’s Head group, the owners of the Oregon Park business center in Bucharest, on the DEKRA Trusted Facility audit and certification process, which represents a confirmation that the safety measur [...] Read more

CE IMPACT VA AVEA TEHNOLOGIA 5G ASUPRA BIROURILOR ÎN VIITOR, CÂND LUCRUL DE A ACASĂ A DEVENIT O OBIȘNUINȚĂ?

Tehnologia inteligentă este prezentă peste tot în jurul nostru – de la ceasuri și telefoane smart, până la transmisiuni live sau drone. Pe măsură ce companiile se pregătesc de revenirea angajaților înapoi în “birourile viitorului”, adaptate condițiilor impuse de pandemia Covid-19, [...] Read more

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS TEAM: ȘERBAN ILIESCU JOINS THE ASSET SERVICES DEPARTMENT

Bucharest, May 2021: Cushman & Wakefield Echinox consolidates its Asset Services team by recruiting Șerban Iliescu, a specialist with 18 years of experience in the real estate market, as Property & Technical Manager. Șerban Iliescu has previously coordinated real estate projects within [...] Read more

Ce impact va avea tehnologia 5G asupra birourilor în viitor, când lucrul de acasă a devenit o obișnuință?

Tehnologia inteligentă este prezentă peste tot în jurul nostru - de la ceasuri și telefoane smart, până la transmisiuni live sau drone. Pe măsură ce companiile se pregătesc de revenirea angajaţilor înapoi în “birourile viitorului”, adaptate condiţiilor impuse de pandemia Covid-19, t [...] Read more

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS LAND & INDUSTRIAL TEAM BY RECRUITING TWO SPECIALISTS WITH A TOTAL REAL ESTATE MARKET EXPERIENCE OF 22 YEARS

Bucharest, May 2021: Cushman & Wakefield Echinox expands and consolidates its Land & Industrial team by recruiting Liviu Mărginean and Ștefan Rădeanu, two specialists with a combined experience of 22 years in the real estate market, within the department coordinated by Andrei Brînzea. [...] Read more

CUSHMAN & WAKEFIELD ECHINOX TAKES OVER THE MANAGEMENT OF TWO FUNSHOP PARKS DEVELOPED BY SCALLIER

Bucharest, October 2021: The real estate consulting company Cushman & Wakefield Echinox has been appointed to manage two Funshop Park projects developed in Romania in Rosiorii de Vede and Focșani by the Polish company Scallier, one of the most dynamic investors in small and medium retail park [...] Read more

THE FIRST SIGNS OF A COME-BACK FOR THE OFFICE MARKET: THE PRE-LEASE TRANSACTIONS INCREASE AND THE RENEGOTIATIONS DECREASE

Bucharest, May 2021: The volume of leasing transactions on the Bucharest office market increased in the first quarter of 2021 to 48,000 square meters, a 9% decrease from the similar period of the previous year, when the Covid-19 pandemic was still on its onset in Europe, reveals the research data of [...] Read more

CUSHMAN & WAKEFIELD ECHINOX: THE INDUSTRIAL AND LOGISTICS MARKET CONTINUES ITS POSITIVE TREND: 200,000 SQ.M TRANSACTED IN Q1 2021

Bucharest, April 2021: The local industrial and logistic market started 2021 on a positive trend, the transactional volume in the first three months of the year reaching almost 200,000 square meters, double compared to the similar period of the previous year, according to the data analyzed by the r [...] Read more

CUSHMAN & WAKEFIELD ECHINOX HAS ADVISED RIVER DEVELOPMENT ON THE SALE OF THE LIGHT ONE TO UNIQA GROUP IN THE LARGEST REAL ESTATE TRANSACTION OF THE YEAR TO DATE

Bucharest, April 2021: The real estate consultancy company Cushman & Wakefield Echinox has advised the real estate development company River Development, one of the most experienced domestic developers, in the selling of The Light One office building in Bucharest to the Austrian group Uniqa in [...] Read more

CUSHMAN & WAKEFIELD ECHINOX EXPANDS ITS BUSINESS LINE, FACILITATING THE GREEN CERTIFICATIONS FOR REAL ESTATE PROPERTIES

Bucharest, April 2021: Cushman & Wakefield Echinox expands its business consultancy services, to assist customers and partners in obtaining international LEED, WELL and BREEAM certificates, both for existing and pipeline office, retail or industrial-logistical buildings. In Bucharest, over 60 [...] Read more

MALL AND RETAIL PARK DEVELOPERS CONQUER EVEN THE LAST “STRONGHOLDS”, THE COUNTIES LACKING MODERN RETAIL PROJECTS

Bucharest, April 2021: The modern retail map of Romania is completing county by county, while real estate developers have delivered in the last year the first modern retail projects in four counties that were not covered yet, namely Dâmbovița, Covasna, Harghita and Călărași. Moreover, in the ne [...] Read more

THE OFFICE BUILDING MENDELEEV OFFICE 5 LOCATED IN THE CENTER OF THE CAPITAL ATTRACTS TWO NEW TENANTS AND REACHES AN OCCUPANCY RATE OF 70%

Bucharest, April 2021: Mendeleev Office 5 office building, developed by Akcent Development in the center of the Capital and managed by the Asset Services team of Cushman & Wakefield Echinox, has attracted two new tenants, reaching an occupancy rate of 70%. The new tenants are OTOTO Store, a [...] Read more

CUSHMAN & WAKEFIELD ECHINOX HAS BEEN MANDATED TO ATTRACT INVESTORS FOR REHAU PROPERTIES IN ROMANIA

Bucharest, March 2021: The German group REHAU has appointed the real estate consulting company Cushman & Wakefield Echinox to manage the sale process of two production units in Cluj (Apahida) and Bucharest (Tunari), as part of the relocation process of REHAU Romania offices in central locations [...] Read more

ROMANIAN RESIDENTIAL DEVELOPERS AND GERMAN RETAILERS KEPT THE BUCHAREST LAND MARKET ACTIVE IN 2020

Bucharest, March 2021: The Romanian residential developers, along with the German retailers such as Kaufland and Lidl, were the most active buyers of land plots in the Bucharest-Ilfov area during 2020, according to Bucharest Land Marketbeat report performed by the Cushman & Wakefield Echinox re [...] Read more

THE ROMANIAN HOSPITALITY MARKET IS KEEPING ITS FUNDAMENTALS STRONG, AFTER NAVIGATING THROUGH THE MOST DIFFICULT YEAR SO FAR

Bucharest, March 2021: Though significantly affected by the COVID-19 pandemic and its impacts, the Bucharest hotel market continues to receive attention from hotel operators to expand their networks. In the CEE & SEE region, Prague, Budapest, Warsaw and Bucharest are the top-ranking cities of in [...] Read more

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