ARTICLES LABELLED WITH TAG Cushman&Wakefield Echinox

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 NewCold enters Romania with land purchase
19
Sep
2024

NewCold enters Romania with land purchase

by Property Forum
NewCold, specialized in automated and cold chain international logistics, has entered the Romanian market through a 9-hectare land plot acquisition from WDP in northern Bucharest, for an undisclosed sum. The land is located close to the new A0 ring road of Bucharest.
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News Office leasing in Bucharest falls during H1 2024
05
Sep
2024

Office leasing in Bucharest falls during H1 2024

by Property Forum
The volume of office leasing in Bucharest amounted to 168,000 sqm during H1 2024, down 11% compared to the same period of last year, with the average new lease deal at more than 1,100 sqm, according to Cushman & Wakefield Echinox. 
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News AFI Europe buys landmark office building in Bucharest from Immofinanz
20
Aug
2024

AFI Europe buys landmark office building in Bucharest from Immofinanz

by Property Forum
AFI Europe has purchased the myhive Victoriei building in central Bucharest from Immofinanz for around €27 million. The new owner plans to turn the existing office building into a mixed-use project, with the conversion permit already secured.
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News Romania ranks third in CEE on commercial investments H1 2024
08
Aug
2024

Romania ranks third in CEE on commercial investments H1 2024

by Property Forum
Romania’s commercial property sector recorded investment transactions of €418 million in H1 2024, up 131% year-on-year, marking the biggest volume growth across CEE, according to Cushman & Wakefield Echinox. 
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News Industrial leasing in Romania down 25% in H1 2024
01
Aug
2024

Industrial leasing in Romania down 25% in H1 2024

by Property Forum
The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report. 
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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 Globalworth gets LEED certification for Bucharest office building
30
May
2024

Globalworth gets LEED certification for Bucharest office building

by Property Forum
Globalworth has secured the LEED certification for Globalworth Tower Center International, located in the CBD area of Bucharest. Cushman & Wakefield Echinox has assisted the office developer in the certification process.
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News Sustainable buildings have values better retained in time
23
May
2024

Sustainable buildings have values better retained in time

by Ovidiu Nicolae
Mihnea Cristescu, Project Manager & Sustainability Consultant, Cushman & Wakefield Echinox, spoke with Property Forum about the cost approach to sustainable developments and the role of consultants in shaping real estate projects with strong ESG credentials.
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News Office leasing in Bucharest up 63% in Q1 2024
16
May
2024

Office leasing in Bucharest up 63% in Q1 2024

by Property Forum
Companies leased 91,000 sqm of office spaces in Bucharest in Q1, up by 63% compared to the same period of last year, according to a Cushman & Wakefield Echinox report.
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Latest news


New leases

  • GE Vernova, an American technology provider for the energy sector, has joined the tenants of Katowice's CitySpace Face2Face complex.
  • ID Logistics has extended its lease of 23,000 sqm of space at GLP Warsaw I Logistics Centre. The cooperation between the companies has been ongoing since 2018.
  • NN is relocating its offices to One Cotroceni Park in Bucharest. The company has leased 2,300 sqm in a deal brokered by Knight Frank.

New appointments

  • Trei Real Estate Poland expands its management board - Jacek Wesołowski and Paweł Gołuchowski are joined by Mariusz Cegielski and Dariusz Węglicki. The company announces "dynamic growth in the residential and retail segments".
  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.

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