ARTICLES LABELLED WITH TAG Cushman&Wakefield Echinox

Commercial real estate investments in Romania totalled €916 million in 2021, up only 0.2% compared to the previous year, marked by several transactions valued at more than €50 million in the office, retail and industrial segments, according to real estate consultancy Cushman & Wakefield Echinox. 

Real estate consultancy Cushman & Wakefield Echinox has appointed Cristina Lupașcu as PR & Research Director. She has close to 20 years’ worth of experience in the media and real estate sectors. 

CTP, the biggest owner of industrial and logistics spaces in Romania, says it has signed a lease deal with beverage maker Tuborg Romania. 

New offices totaling 132,200 sqm were delivered on the Bucharest market during the third quarter, making it the best ever in terms of supply, while 9-months deliveries reached 178,000 sqm, according to real estate consultancy Cushman & Wakefield Echinox. 

Around 120,000 sqm in new and extensions of existing retail projects are under development in Romania with delivery estimated by the end of 2022, according to a report by real estate consultancy Cushman & Wakefield Echinox. 

The Romanian industrial and logistics market recorded a total demand of 562,000 sqm in the first three quarters of 2021, down only 3% compared to the same period of last year. The sector was mainly driven by new demand, which reached 86% of the total transacted volume, according to real estate consultancy Cushman & Wakefield Echinox. 

Real estate consultancy Cushman & Wakefield Echinox has been appointed manager of Funshop Park projects developed by Polish company Scallier in Roșiorii de Vede and Focșani. 

Cushman & Wakefield Echinox says it will provide consulting services in construction for the extension of Colosseum Mall, a Bucharest-based project with a total area of 21,616 sqm. 

Property consultancy Crosspoint Real Estate has announced the appointment of Bogdan Gubanduru as Head of Investment.  

Leasing activity in the Romanian industrial and logistics market was up 21% to 360,000 sqm in the first half compared to the same period of last year, driven by relocations and the closing of new contracts, according to a report by real estate consultancy Cushman & Wakefield Echinox.