Cushman & Wakefield Echinox has strengthened its Capital Markets team by promoting Alexandru Mitrache as Head of Transactions - Land & Investment.

Mark Davis has been appointed the new EBRD Regional Director for Romania and Bulgaria and will assume his new role in Bucharest on 1 April 2019. Mr Davis follows Matteo Patrone who has become Managing Director for Eastern Europe and the Caucasus.

CTP enters 2019 with the announcement of Ana Dumitrache’s return to the company as Country Head of CTP Romania.

International Campus Group, a developer, investor and operator of innovative living environments for young people, has appointed Rainer Nonnengässer as Chief Executive Officer, effective January 1, 2019. The student housing and micro living expert has more than 20 years’ experience across the finance and real estate sectors. Rainer was most recently the CEO of Youniq, and previously held roles as the CEO of Micro-living at MPC Capital, which operates student apartments under the Staytoo brand, and as a Managing Director at AXA Real Estate.

Erik Drukker, who previously served as the Managing Director, Agency & Valuation, Central & Eastern Europe, has become a Member of the Board at the Polish and Czech entities of BNP Paribas Real Estate. He took his new post at the turn of November and December.

Savills has named Crosspoint Real Estate its associate in Romania as part of its continued expansion across Central and Eastern Europe. Savills and Crosspoint signed a partnership agreement in Summer 2017 with the association status taking the successful relationship to the next level. Recent instructions include advising on the sale of the Bank of Cyprus building from SIF Banat Crişana to a firm belonging to a Romanian businessman in November and securing transactions with land plots with a total value of over €60 million in 2018.

STRABAG PFS Austria GmbH signed the agreement for the acquisition of 100 % of the shares of Caverion Polska Sp. z o.o. of Warsaw, a Polish specialist in the field of technical facility management (TFM). The previous owner, Finland’s Caverion Oyj, has chosen to withdraw from this market.

Marian Fridrich joins Cushman & Wakefield as Partner and Deputy Head of Slovakia. From next year, he will be responsible for the overall business development and management of the Capital Markets Group department at Cushman & Wakefield in Slovakia.

Danish facility management company ISS plans to divest its operations in thirteen countries worldwide, including the Czech Republic, Hungary, Slovakia, Slovenia and Romania.

Globalworth announced that Dimitris Raptis will be appointed interim CEO of Globalworth Poland Real Estate N.V. (GPRE). At the same time, he will keep his responsibilities within the Globalworth group, as Group Deputy CEO and Chief Investment Officer.