C&W Echinox to manage Expo Business Park

25
Mar
2024
News - C&W Echinox to manage Expo Business Park #Bucharest #CPI Romania #CPIPG #Cushman & Wakefield Echinox #Expo Business Park #Romania

by Property Forum | Office

CPI Romania has named Cushman & Wakefield Echinox as manager of Expo Business Park in Bucharest.


The project has a leasable area of 40,950 sqm and comprises three buildings and 600 parking spaces. At present, Expo Business Park is fully occupied.

“One of the CPIPG’s strategic directions is to look out for our tenants’ needs and requirements and to adjust the conditions and offers according to them,” said Fulga Dinu, Country Manager of CPI Romania.

As project manager, the agency will oversee daily administrative-operational activity within the project, tenant relationship management, operational supervision, financial services and landlord reporting, as well as the implementation of community management programs dedicated to tenants. 

Cushman & Wakefield Echinox is currently managing assets spanning almost 500,000 sqm with a total market value of €550 million.




Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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