11.12.2021

Fashion retailer C&A, active on the low-price segment and one of the biggest players on Romania’s fashion market, reached RON364 million turnover last year, down 30% in the pandemic. more

11.02.2021

The volume of logistics and industrial spaces leased in the first nine months of 2021 totaled 562,000 square meters, slightly lower by 3% versus the same period in 2020, with the leasing activity more

10.05.2021

Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for the Funshop Park retail projects developed in Rosiorii de Vede and Focsani by Polish more

06.15.2021

More than 10,000 employees or 10% of the total employees in Bucharest work in the IT&C sector, ZF has calculated from national Statistics Institute data. In Cluj, 9% of the employees work in the IT more

05.26.2021

Network One Distribution (NOD), one of the top ten entrepreneurial companies in Romania and leader on the Romanian IT&C distribution market, saw a 30% increase in turnover in 2020, to RON1.76 billion. more

05.20.2021

Real estate consultancy company Cushman & Wakefield Echinox announced Thursday it was consolidating its Asset Services team by recruiting Serban Iliescu, a specialist with 18 years of experience in more

04.29.2021

Romania's local industrial and logistic market started 2021 on a positive trend as the transacted volumes in the first quarter reached nearly 200,000 square meters, double compared with the same more

04.20.2021

ASBIS Romania, the local subsidiary of Cyprus-based IT product distributor ASBIS, ended 2020 with EUR45.85 million revenue, an increase of 29% on the previous year, fueled by the greater demand for IT more

04.15.2021

Real estate consultancy company Cushman & Wakefield Echinox said Thursday it was extending its line of services to assist customers and partners in obtaining international LEED, WELL and BREEAM more

03.11.2021

Hotel transaction volume in Romania declined 87% in 2020, to around EUR9.5 million, from EUR75 million in 2019, as the pandemic put investor activity on hold and many sellers postponed their planned more

03.09.2021

Demand for real estate valuation and consulting services remained constant during the pandemic, as investors sought to identify changes and new market trends and recalibrate their choices amid more

02.25.2021

Demand for office spaces in Bucharest will increase by 20-30% this year, as a significant part of the major tenants are actively evaluating options for space optimization, real estate consultancy more

02.18.2021

The Romanian logistics and industrial market has accelerated its expansion in 2020 both in terms of demand, which neared the 1 million square meters mark, and deliveries of new spaces, which reached a more

02.17.2021

The structure of office building tenants has changed over the last months, with the e-commerce sector increasing as share and the IT&C sector stepping back after seeing record leases in 2019, per a more

02.08.2021

Office space transactions in Bucharest marked a recovery in the fourth quarter of 2020, reaching 77,000 square meters, data from real estate consulting company Cushman & Wakefield Echinox showed more

02.04.2021

Deliveries of modern retail space this year will amount to about 60,000 square meters, a decrease of about 50% compared with 2020, real estate consultancy company Cushman & Wakefield Echinox said more

01.20.2021

Romania’s real estate investment market showed resilience in the face of the coronavirus pandemic in 2020, with the volume of transactions reaching EUR914 million, 28% higher than in 2019, per the more

01.18.2021

Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for the Floreasca Park office space project located in the Floreasca – Barbu Vacarescu more

12.17.2020

Fashion retailer C&A, one of the largest in the world, is working with only eight partner factories in Romania, compared with 20 in 2019 and about 40 four years ago. more

12.15.2020

Real estate consulting company Cushman & Wakefield Echinox advised online retailer eMAG on the DEKRA Trusted Facility audit and certification process, which confirms Covid-19 safety measures taken at more

12.07.2020

Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for the Tiriac Tower office building in Bucharest’s Victory Square, starting October. more

11.12.2020

Romania’s logistics space market has seen record demand in 2020 and the volume transacted is expected to exceed the 700,000 square meter threshold, against the backdrop of accelerated growth of more

11.09.2020

The use of offices is about 40-50% of the usual level before the outbreak of the pandemic, while the the vacancy (contractual) rate of office spaces is 10.8%, with a significant difference between more

11.03.2020

Romania’s modern retail space stock, made up of shopping centers, retail parks and retail galleries, has exceeded the level of 4 million square meters, but the market growth rate is expected to slow more

10.26.2020

Most companies are still looking at how they will operate after the pandemic ends, but it is increasingly clear that they will seek hybrid solutions tailored to each organization and the office space more