ARTICLES LABELLED WITH TAG echinox
07
Mar
2018
Mar
2018
Romania’s hotel market continues its boom
The hotel capacity in Bucharest is seen rising by at least 10% in the next three years, considering the hotel projects planned or under construction, with new hotels to be developed in most big cities in Romania too, as the local market saw the seventh consecutive year of growth in 2017, C&W Echinox reports.
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21
Feb
2018
Feb
2018
Liquidity returns to the Romanian market
Cushman & Wakefield Echinox assisted property transactions in Romania totalling over €300 million in 2017, accounting for 30% of the total local property investment volume of nearly €1 billion. The deals included projects such as Chitila Logistic Park, the Radisson Blu complex in Bucharest and two properties sold by REWE.
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Latest news
- Leroy Merlin expands to 48,500 sqm at CTPark Bucharest West
- Romanian retail deliveries slow down in Q1 2026
- Slovakia's industrial demand falls by over 50% in Q1 2026
- Strabag becomes general contractor for Speedwell's mixed-use scheme in Bucharest
- Czech investor enters Polish market with Pasaż Łódzki purchase
- Drees & Sommer acquires Polish ADC in CEE push
- Mendota Invest attracts two hotel operators in Ljubljana
- Ukraine's housing recovery: Donor support in action
- Pinsent Masons opens Warsaw office
- Administrative costs for Romanian offices to grow by 10% this year, says Colliers
New leases
- Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
- 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.
New appointments
- iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
- 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.
