Demand remained solid The demand for Logistics spaces remained solid in Q2 2021, with a total leasing activity of 160,000 sq. m, reflecting a 20% decrease both q-o-q and y-o-y. However, the gross take-up reached 360,300 sq. m during H1 [...]
Bucharest, August 2021: In the first semester of 2021, 360,000 square meters of logistics and industrial spaces were leased, a 21% increase compared to the similar period of the previous year, according to the Cushman & Wakefield Echinox real [...]
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 [...]
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% [...]
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 [...]
Romanian economy posted solid numbers in Q1 2021 Q1 2021 produced a surprising q-o-q growth of 2.9%, as a yearly GDP increase in the 5-7% range is now being estimated by both government and analysts. This evolution continues the positive [...]
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 [...]
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 [...]
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 [...]
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 [...]
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