Cushman & Wakefield Echinox was commissioned to manage the Eminescu Office building, which has recently been delivered in Bucharest, near Piaţa Romană. This is the third office building that has been taken over for management purposes by Cushman & Wakefield Echinox since the beginning of the year, with the Asset Services department being responsible for the day-to-day management of the building, tenant relationship management, operational supervision, financial services and ownership reporting, through on-site specialists and also from the company’s headquarters, coordinated by Mihaela Petruescu, Head of Asset Services.

Romania is the fifth most attractive manufacturing market in Europe and was ranked 12th globally, according to the Manufacturing Risk Index 2019 study, conducted by the Cushman & Wakefield.

Approximately €754 million was invested in Polish commercial property in the first quarter of 2019, according to Cushman & Wakefield’s latest investment market report.

The pace of yield compression decelerated across Europe’s commercial real estate markets in the first quarter of 2019, according to Cushman & Wakefield’s latest DNA of Real Estate report.

In the first quarter of 2019, leasing activity hit 140,100 sqm on the Warsaw office market, of which more than 101,000 was transacted under new deals and expansions. Cushman & Wakefield summarised the Warsaw office market in Q1 2019.

Cushman & Wakefield has extended its exclusive affiliation with CBS International to enter the Croatian market, expanding its wide array of integrated property services to one of the youngest EU countries.  

Cushman & Wakefield has published new research assessing 48 of the most suitable locations for global manufacturers to expand or relocate their operations in EMEA, the Americas and Asia-Pacific. While manufacturers’ individual requirements will vary, China performs strongly thanks to increasing government investment in the adoption of technology, while the United States is most attractive for those seeking to minimise exposure to economic and political threats, followed by Canada and the Czech Republic. Considering basic criteria the Czech Republic is fifth globally and first in Europe.

As shopping centre markets reach maturity in most European countries, there will be growing polarisation between successful prime schemes and struggling secondary sites which have to diversify to survive, according to new research from Cushman & Wakefield.

The increased interest of global corporations in coworking spaces was a notable trend that impacted on the office markets of the four largest capital cities in Central and Eastern Europe (CEE) in 2018. The total flexible office stock of Budapest, Moscow, Prague and Warsaw stands at 286,000 sqm, accounting for approximately 1% of the combined office market of these cities (29.9 million sqm). Demand generated by coworking operators in 2018 made up 5% of the overall office take-up in the CEE capital cities.

The modern retail stock in Bucharest remained stable in 2018, at 1.2 million square meters, a level which is 7% higher than in the Central-West region of the country which reached 1.18 million square meters, and twice the corresponding value of the Moldova region which reached 595,000 square meters, according to Cushman & Wakefield Echinox.