ARTICLES LABELLED WITH TAG cushman-wakefield-echinox

News - Romania’s office sector more resilient against inflation
06
Jul
2022

Romania’s office sector more resilient against inflation

by Property Forum
The most exposed sectors to the inflationary pressures in Romania are the residential, industrial and retail ones, with a lot more resilience found in the office segment, suggest representatives of real estate consultancy Cushman & Wakefield Echinox. 
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News - Over 500,000 sqm of new retail space planned in Romania
16
Jun
2022

Over 500,000 sqm of new retail space planned in Romania

by Property Forum
The retail market in Romania is set to expand by more than 500,000 sqm in the next four years, with 10 of the projects in the pipeline each having more than 10,000 sqm, according to  Cushman & Wakefield Echinox. 
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News - Romania's industrial market records strong demand
05
May
2022

Romania's industrial market records strong demand

by Property Forum
More than 50% of the industrial and logistics projects under construction in Romania are already pre-leased with leasing activity in Q1 2021 rising by 50% to over 300,000 sqm compared to the same quarter of 2021, according to a report by Cushman & Wakefield Echinox. 
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News - Romanian residential deliveries hit record in 2021
11
Apr
2022

Romanian residential deliveries hit record in 2021

by Property Forum
More than 72,000 homes were delivered across Romania during 2021, which has been a record for the past 32 years, according to real estate consultancy Cushman & Wakefield Echinox. 
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News - C&W Echinox to manage Funshop Park Timișoara
05
Apr
2022

C&W Echinox to manage Funshop Park Timișoara

by Property Forum
Property consultancy Cushman & Wakefield Echinox has taken over the management of Funshop Park developed by Polish company Scallier in Timișoara. 
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News - Property investments in Romania up 8.7% in past two years
31
Mar
2022

Property investments in Romania up 8.7% in past two years

by Property Forum
Romania's commercial property market has remained liquid throughout the pandemic period, with total investment volumes reaching €1.83 billion over the 2020-2021 period, up 8.7% versus 2018-2019, according to a report by real estate consultancy Cushman & Wakefield Echinox.
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News - New office hub emerges in Bucharest
23
Mar
2022

New office hub emerges in Bucharest

by Property Forum
The centre-west area of Bucharest has become a main office hub, with a total stock of 614,600 sqm estimated for 2022. This year, the area near Politehnica University will surpass the existing stock from Floreasca-Barbu Văcărescu, which has been the main office hub in Bucharest during the past eight years, according to data from real estate consultancy Cushman & Wakefield Echinox.
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News - Industrial leasing in Romania tops 1 million sqm in 2021
15
Feb
2022

Industrial leasing in Romania tops 1 million sqm in 2021

by Property Forum
The leasing of industrial and logistics spaces in Romania hit a record of 1 million sqm during 2021, with net take-up accounting for 80% of all traded volumes, according to real estate consultancy Cushman & Wakefield Echinox. 
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News - New retail supply of 100,000 sqm expected in Romania this year
10
Feb
2022

New retail supply of 100,000 sqm expected in Romania this year

by Property Forum
Around 100,000 sqm of new retail spaces should be completed during 2022 in Romania, of which more than 80% are located in retail parks, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News - Hotel operators look to expand in Romania
31
Jan
2022

Hotel operators look to expand in Romania

by Property Forum
Hotel investments in Romania are starting to recover and only in Bucharest four hotels were sold for an estimated €19.2 million during 2021.  
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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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