ARTICLES LABELLED WITH TAG Cushman&Wakefield Echinox

News Investors in Romania expect growth in logistics during 2025
18
Dec
2024

Investors in Romania expect growth in logistics during 2025

by Property Forum
Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.
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News CEE records younger office stock compared to Western Europe
05
Dec
2024

CEE records younger office stock compared to Western Europe

by Property Forum
Close to 80% of the office stock is at risk of obsolescence in markets such as Amsterdam, Paris and London, while in CEE-based capital cities this figure stands at an average of 43%, according to a report by Cushman & Wakefield Echinox.
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News Industrial demand in Romania falls 20% on nine months
14
Nov
2024

Industrial demand in Romania falls 20% on nine months

by Property Forum
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
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News Dr.Max leases close to 12,000 sqm in ELI Park Iași
22
Oct
2024

Dr.Max leases close to 12,000 sqm in ELI Park Iași

by Property Forum
Pharmacy chain operator Dr.Max has leased 11,800 sqm in ELI Park Iași in a bid to accommodate growing operations.
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News Romania’s industrial stock to grow by 500,000 sqm in 2024
17
Oct
2024

Romania’s industrial stock to grow by 500,000 sqm in 2024

by Property Forum
Romania’s total stock of industrial and logistics spaces could reach the 8 million sqm threshold at the end of 2025, if the recent annual development pace of around 500,000 sqm is maintained, according to a report by Cushman & Wakefield Echinox. 
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News NewCold enters Romania with land purchase
19
Sep
2024

NewCold enters Romania with land purchase

by Property Forum
NewCold, specialized in automated and cold chain international logistics, has entered the Romanian market through a 9-hectare land plot acquisition from WDP in northern Bucharest, for an undisclosed sum. The land is located close to the new A0 ring road of Bucharest.
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News Office leasing in Bucharest falls during H1 2024
05
Sep
2024

Office leasing in Bucharest falls during H1 2024

by Property Forum
The volume of office leasing in Bucharest amounted to 168,000 sqm during H1 2024, down 11% compared to the same period of last year, with the average new lease deal at more than 1,100 sqm, according to Cushman & Wakefield Echinox. 
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News AFI Europe buys landmark office building in Bucharest from Immofinanz
20
Aug
2024

AFI Europe buys landmark office building in Bucharest from Immofinanz

by Property Forum
AFI Europe has purchased the myhive Victoriei building in central Bucharest from Immofinanz for around €27 million. The new owner plans to turn the existing office building into a mixed-use project, with the conversion permit already secured.
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News Romania ranks third in CEE on commercial investments H1 2024
08
Aug
2024

Romania ranks third in CEE on commercial investments H1 2024

by Property Forum
Romania’s commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox. 
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News Industrial leasing in Romania down 25% in H1 2024
01
Aug
2024

Industrial leasing in Romania down 25% in H1 2024

by Property Forum
The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report. 
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Latest news


New leases

  • M Hospital is inaugurating a new imaging centre at Bucharest-based AFI Cotroceni Mall. The company also operates a similar centre in Veranda Mall.
  • Impact Developer & Contractor has announced the opening of a new Pepco store at Greenfield Plaza, the commercial centre of the Greenfield Băneasa residential district in Bucharest.
  • Iulius Mall Suceava has attracted a raft of new tenants. LPP will inaugurate a 2,000 sqm Reserved store in October. German retailer New Yorker will open a 1,400 sqm unit, while TEDi discounter will open a 900 sqm store in the project owned by Iulius.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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