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

03.30.2022

Investments on the Romanian real estate market totaled EUR1.8 billion in the last two years (2020-2021), compared to EUR1.6 billion in 2018-2019, with a total 78 properties being transacted in more

02.15.2022

The demand for industrial space in Romania has exceeded the threshold of one million square meters in 2021 for the first time ever for the market, with the lease activity being fueled by new contracts more

01.31.2022

The Bucharest hotel market saw the highest growth among capital cities in the region of Central and Eastern Europe (CEE) in terms of revenue per available room (RevPAR) in 2021, mainly driven an more

01.26.2022

Companies operating in the financial, medical services, IT&C and retail sectors were the most active tenants on the office leasing market in capital Bucharest in 2021, in terms of the average more

01.19.2022

Romania, Poland and Slovakia are countries in Central and Eastern Europe (CEE) which reported an increase in the volume of transactions with real estate assets, according to data from real estate more

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