ARTICLES LABELLED WITH TAG raluca-zlate
31
Mar
2026
Mar
2026
Luxury brands hit €150 million sales record in Bucharest
Bucharest is emerging as a key luxury retail destination in CEE, supported by rising purchasing power, growing tourism (over one million foreign tourists spent at least one night in the capital in 2025), and consolidation of prime high street locations, according to Cushman & Wakefield Echinox.
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27
Mar
2025
Mar
2025
Romania’s luxury retail niche ripe for growth
The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.
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Latest news
- CPI Europe exits Italian retail market with two park sales
- Principal snaps 16,000 sqm industrial project in Kraków
- City Point Okęcie achieves Breeam Outstanding certification
- Polish developers face family succession challenges
- MLP Group to expand urban logistics portfolio in Vienna
- EPP secures €324 million for Polish retail portfolio refinancing
- Hungary's political earthquake: What Orbán's defeat means for investments
- Corning expands to over 100,000 sqm at Segro Logistics Park Stryków
- Penta Real Estate and PSN secure permit for mixed-use project in Prague
- Slovakia: Fewer easy wins, more specialised opportunities
New leases
- BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
New appointments
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
- Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
- Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
