Oana Iliescu, Managing Director at Cushman & Wakefield Echinox, talked to Property Forum about the resilience of Romania’s real estate stock, which remains among the youngest in CEE. She highlighted that despite a complex economic landscape, industrial and capital markets continue to offer investment opportunities for well-positioned assets and long-term investors.

Companies and entrepreneurs looking to lease coworking spaces in Romania can now evaluate the best market options using multiple criteria including economic efficiency, workplace quality and technical specifications, according to a new guide developed by Beyond Space in partnership with Cushman & Wakefield Echinox.

Cushman & Wakefield Echinox has been appointed to sell Joyson Safety Systems' industrial property in Ribiţa, Hunedoara County, as the automotive safety components manufacturer consolidates operations at its Arad hub.

The Bucharest office market is showing early signs of recovery, driven by a visible increase in pre-lease transactions, highlighting renewed occupier appetite for future office spaces. As tenants secure their leases well in advance, the current development pipeline exceeding 215,600 sqm, the highest level in recent years, is expected to be gradually absorbed, according to data from Cushman & Wakefield Echinox.

Romania's retail market experienced a challenging Q1 2026, according to a report by Cushman & Wakefield Echinox. While macroeconomic indicators reflect a period of adjustment, the high street segment and medium-term development pipeline remain robust.

Romania's industrial and logistics market reached over 8 million sqm in Q1 2026, with approximately 115,000 sqm of new space delivered. At the same time, around 500,000 sqm are currently under construction, according to Cushman & Wakefield Echinox's report.

The average total office fit-out costs in Bucharest increased slightly in 2025 to around €1,000 per sqm, according to data from Cushman & Wakefield Echinox. However, Bucharest remains one of the most affordable markets in CEE, with fit-out costs 18% and 15% lower than in Warsaw and Prague, respectively.

Bucharest is emerging as a key luxury retail destination in CEE, supported by rising purchasing power, growing tourism (over one million foreign tourists spent at least one night in the capital in 2025), and consolidation of prime high street locations, according to Cushman & Wakefield Echinox.

German group Ireks, a producer of baking ingredients for bread and confectionery, has acquired a 13,000 sqm land plot in Chitila, near Bucharest, in a deal brokered by Cushman & Wakefield Echinox.

Shopping centres outside Bucharest were the most attractive real estate asset class for investors in 2025, accounting for almost 40% of the total transaction volume, according a new report by Cushman & Wakefield Echinox. Bucharest office buildings came second, with a 30% share in the total investment volume.