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

09.28.2022

Real estate developers acquired land plots worth a total EUR720 million in capital city Bucharest over the last two and a half years (between 2020 and the first half of 2022), almost double the level more

09.20.2022

The hybrid work model is here to stay, but with it becoming mainstream, the employees’ reasons for going to the office have shifted towards socializing, collaborating and connecting with their more

09.14.2022

Romania’s cinema market has started the recovery from the declines faced during the pandemic but is still far from the figures recorded between 2016 and 2019. more

08.16.2022

Capital city Bucharest is expected to deliver 134,000 square meters of office space in 2022 and 2023, way below the level of deliveries recorded over the last years, in line with an analysis by real more

07.06.2022

The inflation and the rising interest rates will certainly impact the residential real estate market as the market is strongly linked to lending policies, according to Bogdan Sergentu, Head of more

05.16.2022

Real estate consulting firm Cushman & Wakefield Echinox has appointed Roxana Nicolae to the position of Workplace Manager within the Asset Services Department. more

05.11.2022

The number of metro passengers grew by 53% year-over-year in the first three months of 2022, with March seeing a record high of the last two years as pandemic-related restrictions were lifted, which more

05.05.2022

The leasing activity of industrial and logistics spaces in Romania increased by 50% in the first quarter of 2022 versus the year-earlier period, exceeding the 300,000 square meter threshold and more

04.20.2022

The valuation department of real estate consulting firm Cushman & Wakefield Echinox appraised over 380 properties worth a total EUR5.5 billion in 2021. more

04.11.2022

A total 72,522 housing units were delivered across Romania in 2021, a record level on the local residential market since 1989, which translates into a 7% increase compared to 2020, as per an analysis more