02.01.2024

The modern stock of industrial and logistics spaces exceeded 7 million square meters across Romania at the end of 2023, with almost 80% of the total stock being concentrated in three development more

01.22.2024

After a period of three-four years in which real estate developers’ expansion plans were almost exclusively focused on retail parks, which accounted for over 80% of the new supply, located in cities more

12.19.2023

Real estate consulting company Cushman & Wakefield Echinox strengthens its office agency by recruiting Anamaria Creţu, a specialist with 18 years of multinational corporate experience. more

12.12.2023

Real estate consulting company Cushman & Wakefield Echinox is consolidating its team by recruiting Raluca Stanislav as Head of Business Development. more

11.23.2023

Romania’s capital city Bucharest has kept its 40th spot in 2023 too in a ranking of the world’s 50 most expensive shopping streets, with Calea Victoriei (Victory Avenue), the city’s main retail more

11.06.2023

The average office transaction size in the first nine months of 2023 was 1,810 square meters, the highest average recorded in the last four years and close to the record level of 1,900 sqm set in more

10.23.2023

Real estate consulting firm Cushman & Wakefield Echinox has coordinated the BREEAM Excellent certification process for the portfolio of almost 550,000 square meters of logistics parks owned by eMAG in more

10.12.2023

The foreign direct investment (FDI) stock on the construction and property deal segment reached EUR18.59 billion at end-2022, seeing the third highest growth rate among all economic sectors in 2022, more

09.26.2023

The land market in capital city Bucharest has remained active over the past 12 months in terms of acquisitions made by residential, logistics and retail real estate developers by particularly more

09.19.2023

The number of sold income - generating real estate properties (office, retail, industrial & logistics spaces and hotels) during the first half of 2023 increased by 30% when compared with the same more

08.31.2023

Office rents in capital city Bucharest increased by up to 15.8% over the last 12 months (June 2023 vs. June 2022), with the prime headline rent in the CBD area (Piata Victoriei – Aviatorilor) more

08.10.2023

Companies leased nearly 550,000 square meters of logistics and industrial spaces in the first half of 2023, with over one third of this volume being related to pre-lease agreements, mainly in projects more

05.15.2023

The Center – West area (Politehnica, Orhideea, Cotroceni) has become the largest office submarket in capital city Bucharest, outranking for the first time the Floreasca – Barbu Vacarescu area more

04.10.2023

High inflation and rising interest rates have increased the banks’ caution in financing the real estate sector, but the commercial property market in Romania remains stable, with limited adjustments more

03.30.2023

The average office fit-out costs increased by 20-30% in 2022 amid rising prices, supply chain disruptions, higher commodity and material costs and increased labor costs; therefore, companies paid on more

03.07.2023

The stock of industrial and logistics spaces in Romania reached 6.45 million square meters at the end of 2022 and over 90% is located in capital Bucharest and the Ilfov, West, South – Muntenia, more

02.22.2023

Developers have announced the construction of more than 275,000 square meters of new office projects in major regional centers of Romania, Cluj-Napoca, Timisoara, Iasi and Brasov, so that the modern more

02.01.2023

Approximately 500,000 square meters of office spaces are unoccupied in capital city Bucharest, reflecting a vacancy rate of 15.2%, and the highest availability is reported in the Pipera North, more

01.18.2023

Retail space deliveries will increase significantly in 2023, considering that over 230,000 square meters of retail spaces are currently under construction and are planned to be completed by the end of more

12.08.2022

Real estate investors and developers active in Romania plan to expand their local portfolios over the next three years despite pressures stemming from various factors such as inflation, increasing more

11.24.2022

Romania’s capital city Bucharest places 37th in a ranking of the world’s most expensive shopping streets, with Calea Victoriei (Victory Avenue), the city’s main retail street, having an average more

11.14.2022

Income-producing properties are becoming an increasingly appreciated option for Romanian or foreign private investors who have previously been mainly active in the residential sector and who are now more

11.10.2022

Office space rents in capital Bucharest remain among the lowest at both regional and continental levels, which, along with the workforce availability and the competitive salary costs, represent a more

11.02.2022

Romania’s logistics and industrial market is close to touching a new record high in 2022 in terms of demand, which is reflected in the average vacancy rate that stood at 4.3% at the end of the first more

10.11.2022

Real estate consulting firm Cushman & Wakefield Echinox has appointed Bogdan Marcu as Partner Capital Markets and Dana Radoveneanu as Head of Retail Agency. more