ARTICLES LABELLED WITH TAG Cushman&Wakefield Echinox

News Property deals in Romania under negotiation exceed €600 million
22
Feb
2024

Property deals in Romania under negotiation exceed €600 million

by Property Forum
Commercial real estate transactions in Romania amounting to more than €600 million are currently under negotiation. Around half of assets in ongoing talks are based in Bucharest, according to a Cushman & Wakefield Echinox report.
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News Office take-up in Bucharest hits record in 2023
08
Feb
2024

Office take-up in Bucharest hits record in 2023

by Property Forum
While 116,000 sqm of office spaces were leased in Bucharest during Q4 2023, the overall transactional volume climbed to 463,000 sqm during the whole year, marking an all time take-up record, according to a Cushman & Wakefield Echinox report.
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News Romania’s industrial market hits 7 million sqm milestone
31
Jan
2024

Romania’s industrial market hits 7 million sqm milestone

by Property Forum
The industrial and logistics market in Romania reached a stock of 7 million sqm at the end of 2023, with another 500,000 sqm under development across the country, according to data by Cushman & Wakefield Echinox.
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News Retail deliveries reach 7-year high in Romania during 2023
22
Jan
2024

Retail deliveries reach 7-year high in Romania during 2023

by Property Forum
Romania saw 11 new retail projects completed last year, with a combined leasable area of 215,000 sqm, sending the market to a 7-year high in terms of deliveries, according to a Cushman & Wakefield Echinox report.
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News Property investors look to expand Romanian portfolios
11
Jan
2024

Property investors look to expand Romanian portfolios

by Property Forum
The Romanian property market remains attractive for investments, with 65% of investors surveyed by Cushman & Wakefield Echinox saying they are looking to expand their presence in the local market.
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News Average office lease size in Bucharest reaches 4-year high
06
Nov
2023

Average office lease size in Bucharest reaches 4-year high

by Property Forum
The average office transaction in the first nine months of 2023 stood at 1,810 sqm, which is the highest average of the past four years and close to the level of 1,900 sqm recorded in 2019, according to Cushman & Wakefield data.
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News FDI in Romania from real estate and construction at €1.2 billion in 2022
12
Oct
2023

FDI in Romania from real estate and construction at €1.2 billion in 2022

by Property Forum
Romania attracted around €1.2 billion worth of foreign direct investment (FDI) from real estate and construction companies during 2022, accounting for 17.2% of the total investment volume recorded in the country, according to central bank data analyzed by Cushman & Wakefield Echinox. 
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News Ex-industrial platforms lead land deals in Bucharest
26
Sep
2023

Ex-industrial platforms lead land deals in Bucharest

by Property Forum
Almost 60 hectares of land plots suitable for the development of real estate projects were transacted in the Bucharest – Ilfov region in the H2 2022 – H1 2023 period, with former industrial platforms accounting for some of the largest transactions, according to a report by Cushman & Wakefield Echinox.
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News Real estate investments in Romania reach €181 million in H1 2023
19
Sep
2023

Real estate investments in Romania reach €181 million in H1 2023

by Property Forum
The investment transaction market in Romania reached €181 million in H1 2023, down by 43% compared to the same period of last year over rising financing costs. At the same time, the average price per property decreased from €24 million to €11 million, according to Cushman & Wakefield Echinox. 
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News Oregon Park in Bucharest secures Well Health & Safety certification
12
Sep
2023

Oregon Park in Bucharest secures Well Health & Safety certification

by Property Forum
Bucharest-based office project Oregon Park, owned by Lion's Head investment fund, has achieved the Well Health & Safety certification, granted by The International WELL Building Institute (IWBI). 
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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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