“The local real estate market has continued its positive trend, with solid demand on all segments, which reflected on property values as well. In 2018 we had a significant activity volume, as we extended our client portfolio, collaborating with most of the shopping centers, logistics and modern office buildings owners. For 2019, we aim to consolidate our market position and to continue the growth of the valuation volume, towards 5 billion euros,” said Bogdan Sergentu, Head of Valuation & Consulting at Cushman & Wakefield Echinox.
C&W Echinox’s Valuations & Consulting team currently consists of eight members and a local network of 20 specialized collaborators, experts in reports aimed to guarantee loans to individuals or SMEs.
The portfolio of analyzed properties consists of modern shopping centers with a total lettable area of over 1.5 million sqm, representing over 40% of the national retail stock.