ARTICLES LABELLED WITH TAG Vlad Săftoiu

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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News FDI in Romania from real estate and construction at €1.2 billion in 2022
12
Oct
2023

FDI in Romania from real estate and construction at €1.2 billion in 2022

by Property Forum
Romania attracted around €1.2 billion worth of foreign direct investment (FDI) from real estate and construction companies during 2022, accounting for 17.2% of the total investment volume recorded in the country, according to central bank data analyzed by Cushman & Wakefield Echinox. 
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News Planned office stock in regional Romania totals 275,000 sqm
22
Feb
2023

Planned office stock in regional Romania totals 275,000 sqm

by Property Forum
The modern office stock in regional Romanian cities is set to reach around 1.3 million sqm in the next five years if the planned projects spanning 275,000 sqm will be delivered in this period, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News Romanian residential deliveries hit record in 2021
11
Apr
2022

Romanian residential deliveries hit record in 2021

by Property Forum
More than 72,000 homes were delivered across Romania during 2021, which has been a record for the past 32 years, according to real estate consultancy Cushman & Wakefield Echinox. 
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News Survey: 10% of Romanian employees favour the home office
25
Oct
2021

Survey: 10% of Romanian employees favour the home office

by Property Forum
Most Romanians who worked more from home in the past 18 months want to return to the office, citing the lack of socializing with the colleagues as one of the reasons, according to a new survey commissioned by real estate consultancy Cushman & Wakefield Echinox. 
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Latest news


New leases

  • Nest Leasing has joined the group of tenants of the Teal office building in the Off Piotrkowska Center complex in Łódź. The company will occupy nearly 250 sqm of space.
  • Infor has extended its lease agreement in the Retro Office House office building in Wrocław, owned by Globalworth. The company intends to remain in the building for nearly 5,000 sqm of space on the two top floors.
  • The Super-Pharm chain has joined the ranks of tenants of BIG Ostróda - the largest retail park in the Warmian-Masurian voivodeship in Poland. The premises have an area of 550 sqm. The centre is now 100% leased.

New appointments

  • Dom Development has announced changes to its Management Board. Monika Dobosz will become a Member and Vice-president of the Management Board. In this position, she will replace Leszek Stankiewicz, who has submitted a declaration of resignation from this position. Dobosz will be responsible for the company's finances.
  • Dariusz Blocher has resigned from the position of chair of Unibep. The supervisory board has appointed Andrzej Sterczyński as president of the company from January 1st, 2025.
  • Agnieszka Słomka-Gołębiowska has resigned from her position as a member of the Supervisory Board and chair of the Audit Committee of Ghelamco Invest. The position of member of Ghelamco's Supervisory Board will be filled by Lidia Jabłonowska-Luby. An existing member of the Audit Committee, Jarosław Myjak, was also appointed to act as chairman of the Audit Committee.

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