C&W Echinox to manage Bucharest office building

04
Apr
2019
News - C&W Echinox to manage Bucharest office building #Bucharest #Cushman&Wakefield #Echinox #office #property management #Romania

by Property Forum | Office

Cushman & Wakefield Echinox has been appointed to manage the Ethos office building, situated in the Floreasca area of Bucharest. This is the second mandate for the management of an office building by C&W Echinox in 2019.


The Asset Services department is responsible for managing the day-to-day operations of the building and the relation with the tenants, the operational supervision, and also financial and reporting services directly to the owner, through a team of specialists both on-site and at the company’s headquarters, coordinated by Mihaela Petruescu, Head of Asset Services.
 
Ethos House has a leasable area of around 8,000 square meters, distributed on the ground floor and seven floors above ground. The there building also provides 100 parking spaces located on two underground floors.
 
For Cushman & Wakefield Echinox, the two new mandates coincide with the expansion of the services offered through the property management department, which changed its name from Property Management to Asset Services.
 
Mihaela Petruescu, Head of Asset Services at Cushman & Wakefield Echinox said: "We are proud to expand the portfolio of properties that we manage with a new office building, Ethos House respectively, a building with a unique personality on Bucharest real estate market. We are a team who cares for people, buildings and every business, and this principle guides us on a daily basis. We are honoured by the fact that Mr Anastasios Gotsis trusted us and we are motivated to contribute for the long-term success of Ethos House."



Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


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