ARTICLES LABELLED WITH TAG Cushman&Wakefield Echinox

News Bucharest office demand up 10% year-on-year
01
Feb
2023

Bucharest office demand up 10% year-on-year

by Property Forum
New demand in Bucharest's office market (new leases, pre-leases and relocations from non-competitive stock) had a share of 57% or 185,000 sqm of the total office take-up in 2022. Demand itself was up 10% year-on-year, according to a study by real estate consultancy Cushman & Wakefield Echinox. 
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News Romania attracts 12% of CEE property deals in 2022
30
Jan
2023

Romania attracts 12% of CEE property deals in 2022

by Property Forum
Real estate investment volumes in CEE reached almost €10.7 billion during 2022, up 6.6% compared to the previous year, with Poland accounting for 54% of all transactions, trailed by the Czech Republic and Romania with shares of 14% and 12%, respectively, according to a report by Cushman & Wakefield Echinox. 
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News Retail deliveries to hit 6-year high in Romania
18
Jan
2023

Retail deliveries to hit 6-year high in Romania

by Property Forum
Some 100,000 sqm of new retail spaces were delivered last year in Romania, of which 80% were integrated in retail parks, while new projects with a leasable area of around 230,000 sqm are expected in 2023, which would be a 6-year high, according to Cushman & Wakefield Echinox.
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News Most investors and developers in Romania still look to expand
09
Dec
2022

Most investors and developers in Romania still look to expand

by Property Forum
Real estate investors and developers active in Romania argue that inflation, the increasing financing costs, the geopolitical situation and also the increasing construction costs are the main macroeconomic factors which may impact the Romanian real estate market, as these factors are expected to put pressure both on demand and on the rental levels. However, despite all the above-mentioned issues, investors remain positive and their expansion plans in Romania are mostly intact, according to the first edition of Cushman & Wakefield Echinox's “Real Estate Investors Sentiment Barometer”.
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News Bucharest moves up in most expensive shopping street ranking 
24
Nov
2022

Bucharest moves up in most expensive shopping street ranking 

by Property Forum
With a rent level of €53/sqm/month on Calea Victoriei, the main retail street of the city, Bucharest remains in the top 50 cities analyzed worldwide and in position 46 out of 53 in the EMEA ranking, just behind Warsaw, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News Income-producing properties in Romania see growing investments
14
Nov
2022

Income-producing properties in Romania see growing investments

by Property Forum
Income-producing properties are becoming an increasingly appreciated option for Romanian or foreign private investors who have previously been mainly active in the residential sector, according to real estate consultancy Cushman & Wakefield Echinox. 
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News Bucharest remains among most cost-efficient office markets in CEE
10
Nov
2022

Bucharest remains among most cost-efficient office markets in CEE

by Property Forum
Prime headline rents in Bucharest continued to increase in the third quarter, reaching a monthly level of €19.5 per sqm, compared with €18.5 per sqm at the beginning of the year. However, the capital city remains among the less expensive destinations in Europe in terms of office occupancy costs. 
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News Romanian industrial market registers vacancy low
02
Nov
2022

Romanian industrial market registers vacancy low

by Property Forum
Demand for logistics and industrial space is close to registering a new record in 2022 as the vacancy rate reached 4.3% at the end of Q3, which is one of the lowest levels in the last decade, according to real estate consultancy Cushman & Wakefield Echinox. 
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News FDI in Romania’s property and construction market at €12 billion
26
Oct
2022

FDI in Romania’s property and construction market at €12 billion

by Property Forum
The real estate and construction sector has attracted around €12 billion of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the overall FDI stock increased to a level of 17.4% at the end of 2021, compared with 9.2% in 2012, according to data from the National Bank of Romania analyzed by real estate consultancy Cushman & Wakefield Echinox. 
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News Land for over 30,000 apartments secured in Bucharest
28
Sep
2022

Land for over 30,000 apartments secured in Bucharest

by Property Forum
Residential developers have been the most active in terms of land acquisitions in the past 2.5 years, as they secured land plots which allow the construction of more than 30,000 units in all parts of Bucharest, according to data from real estate consultancy Cushman & Wakefield Echinox. 
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Latest news


New leases

  • A popular brand joins the ranks of tenants at Galeria Bemowo in Warsaw. The Tchibo shop opened on Thursday, February 2nd. The store, with an area of over 155 sq m, is located on the ground floor.
  • Emons is expanding its network of logistics centres in the Czech Republic. As of February 2023, Emons opens a new logistics centre in Ostředek, leasing over 6,000 sqm of warehouse space in the Sázava Logistics Park.
  • OmniOffice, a serviced office provider, is joining the tenants of Warsaw UNIT. The company has leased 3090 sqm of office space in a Ghelamco high-rise building in the Polish capital.

New appointments

  • Daniel Cateliu has been appointed as Director in the Industrial & Logistics department of real estate consultancy CBRE Romania. He is currently pursuing an EMBA at the University of Sheffield in the UK. Cateliu is a graduate of the Faculty of Political Sciences within the SNSPA, subsequently following a master's program and earning an Erasmus scholarship at the University of Trieste in Italy.
  • Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.
  • Piotr Chemperek has joined the experts of the Office Space Department at Colliers Poland, taking the position of Associate Director. He will be responsible for advising companies in the medical sector.


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