ARTICLES LABELLED WITH TAG Vlad Săftoiu

News Romania among EU's most property tax-friendly countries
18
Sep
2025

Romania among EU's most property tax-friendly countries

by Property Forum
Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.
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News Retail spending of Romanians up 7.1% in 2024
02
Jul
2025

Retail spending of Romanians up 7.1% in 2024

by Property Forum
Romanians spent approximately €40 billion in large retail chains last year, marking a 7.1% increase compared to 2023, according to research by Cushman & Wakefield Echinox. The result, while a slowdown from the 11.1% increase in 2023, still outpaced inflation. 
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News Romania emerges in CEE as contender for living sector investments
29
May
2025

Romania emerges in CEE as contender for living sector investments

by Property Forum
Around 75% of investors plan to increase their exposure to rental housing (PRS), purpose-built student accommodation (PBSA), and collective living solutions over the next five years, shows a survey by Cushman & Wakefield.
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News Banking sector holds low exposure in Romania’s CRE
21
Mar
2025

Banking sector holds low exposure in Romania’s CRE

by Property Forum
Romania's banking sector has a relatively low exposure to the commercial real estate (CRE) market, indicating stability and significant growth potential, according to an analysis by Cushman & Wakefield Echinox. 
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News Investors in Romania expect growth in logistics during 2025
18
Dec
2024

Investors in Romania expect growth in logistics during 2025

by Property Forum
Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.
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News Romania’s industrial stock to grow by 500,000 sqm in 2024
17
Oct
2024

Romania’s industrial stock to grow by 500,000 sqm in 2024

by Property Forum
Romania’s total stock of industrial and logistics spaces could reach the 8 million sqm threshold at the end of 2025, if the recent annual development pace of around 500,000 sqm is maintained, according to a report by Cushman & Wakefield Echinox. 
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News Retail sales in Romania reach €36 billion in 2023
02
Jul
2024

Retail sales in Romania reach €36 billion in 2023

by Property Forum
Romanians have spent €36 billion in large retail chains during 2023, an amount 11% higher compared with 2022, according to a Cushman & Wakefield report. Of the total amount, FMCG had a share of more than 60%.
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News Regional office market in Romania tops 1 million sqm
04
Apr
2024

Regional office market in Romania tops 1 million sqm

by Property Forum
New office deliveries in regional cities totaled 83,000 sqm in 2023 and the total leasable area has climbed close to 1.1 million sqm, according to a Cushman & Wakefield report. Offices in regional cities of the likes of Cluj-Napoca, Timișoara and Brașov represent around 30% of the corresponding total in Bucharest.
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News Banks look to boost mortgage lending in Romania
18
Mar
2024

Banks look to boost mortgage lending in Romania

by Property Forum
Banks in Romania are actively looking to accelerate new residential lending in Romania as the central bank is expected to lower interest rates in H2 2024. Lenders have initiated a series of offers with more favourable interest rates, below the 7% monetary policy rate set by the National Bank of Romania (NBR), according to Vlad Săftoiu, Head of Research at Cushman & Wakefield Echinox.
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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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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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