ARTICLES LABELLED WITH TAG Cushman&Wakefield

The Râul Doamnei - Eroilor section of the M5 metro line, inaugurated in September, will shorten the travelling time for 150,000 Bucharest inhabitants who live near the 10 newly built stations, also offering a quick travel alternative for almost 20,000 employees working in companies whose office buildings’ headquarters are located in the Eroilor - Progresului – Politechnica areas. The Râul Doamnei, Constantin Brâncuși, Valea Ialomiței and Romancierilor metro stations, located at the western end of the new metro line, each have a catchment area of between 18,000 and 22,000 people who can access the metro within a 10-minute walk, according to data from Cushman & Wakefield Echinox.

Members of Generation Z have been shaped by a number of social, economic and technological factors and developments taking place during their formative years. How do they differ from previous generations? What are the challenges associated with Zoomers’ entering the workforce? A new report by Cushman & Wakefield and Antal tried to answer these questions.

The Little Genius private school rented a historical monument villa located on Kiseleff Boulevard in Bucharest in order to meet the social distancing requirements imposed by the authorities, the transaction being intermediated by Cushman & Wakefield Echinox.

Approximately 1.22 million new residencies were built in Romania between 1990 and 2019, representing only 13.4% of the total dwellings stock calculated by the National Institute of Statistics, so the residential stock is mainly composed of apartments built under the communist regime, having a low degree of comfort in most cases, according to an analysis realised by Cushman & Wakefield Echinox real estate consulting company.

Over 80% of industrial occupiers are asking about sustainable warehouse solutions and 60% of them would like their facilities to be green-certified, reveals Cushman & Wakefield in its Industrial Goes Green report on sustainability in the industrial sector.

The recent transactions closed in the last weeks, with a total value of €400 million, demonstrate that the investment market in Romania remains strong and attractive even in the COVID-19 pandemic period, Romania no longer being just seen as just a fringe market of Central Europe, according to Cushman & Wakefield Echinox.

Asset manager M7 Real Estate has assigned Cushman & Wakefield to take over the management of Hamburk Business Center, an office building in Plzeň. The building is owned by the BHS Real Estate Fund.

New European hotel transaction data from Cushman & Wakefield reveals that the first half of 2020 saw a marked increase in investors retreating to their home regions amid COVID-19 related uncertainty, with 78% of the recorded €5.7 billion in transactions (a year-on-year fall of 55%) originating from within Europe.

The office market in Bucharest and in the major regional cities of Romania - Cluj-Napoca, Timișoara, Iași and Brașov - continues to develop, with local and foreign investors having projects under construction or scheduled for delivery with an area of approximately 500,000 square meters that will be put into use in the next 16 months, according to Cushman & Wakefield Echinox.

New research from Cushman & Wakefield has identified Berlin, Reykjavik, Oslo, Warsaw, Zurich, Milan, Vienna, Madrid and Prague as emerging hotspots for data centre development in Europe. The European data centre market has long been dominated by the ‘FLAP-D’ markets of Frankfurt, London, Amsterdam, Paris and Dublin, cities with their own deep business and financial sectors to serve. While these markets are still critical to the data centre ecosystem as entry points - and with over 500 MW of construction underway among them - interest in the FLAP-D markets is now competing with physical limitations including a lack of energy to power the centres, limited stock and a need to be closer to regional users.