The industrial and logistics market in Romania is witnessing a very dynamic period, with retail, logistics and industrial companies actively looking to expand operations; Bucharest remains the dominant sub-market, concentrating ~ 45% of the existing stock of 2.65 mil. sq. [...]
In H1 2017, gross take-up in the main regional cities amounted ~40,000 sq. m, dropping by 50% when compared with 2016. The largest office deal closed in the first half of 2017 in a regional market has a rentable area [...]
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 [...]
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-Napoca, Timisoara, [...]
The office space available in Romania’s secondary cities, such as Cluj-Napoca, Timisoara, Iasi and Brasov will reach the 1 million threshold by the end of 2018, a Cushman & Wakefield Echinox survey said. The total office space in the cities [...]
Romania is second in Europe, after Turkey, on both the growth and growth potential in the Food & Beverage (F&B) sector consumption, according to a study by Cushman & Wakefield. This includes consumption in restaurants, fast-food units, coffee shops, tea [...]
The global food and beverage (F&B) market has seen healthy growth over the last ten years and this is expected to continue. The proportion of comparison retail (clothing, footwear, white goods) as a percentage of total retail is decreasing and is being partially replaced [...]
Amoma, one the biggest gobal online tourist reservations platforms will move its Bucharest headquarters to a new 2,300 square meters space in Globalworth Plaza. The deal was intermediated by real estate consultancy company Cushman&Wakefield Echinox. The platform has its main [...]
Unveiling the 21st Century Mall Demographic changes and new technologies are the two most important factors that will shake up the retail business in the coming decade. Millennials in particular, are demanding consumers who expect more selectivity, personalisation and customisation [...]
Food halls of AmericaThe U.S. retail sector is in a period of retrenchment and reinvention. Throughout 2016, retail headlines have been dominated by news of closures, bankruptcies and articles about struggling shopping centers. There has been no shortage of hype as the sector has fallen [...]
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