The office department was the best-performing of the company by generated revenues, with leasing deals totaling 113,000 square meters and a market share of above 26%.
At the same time, in 2023, the Retail Agency department of the company handled 26 leasing deals totaling around 30,000 square meters in Bucharest and the main cities in Romania.
On the industrial segment, the company intermediated deals of almost 40,000 square meters.
“Beside the 2023 result, I must note the fact that between 2020 and 2023, one of the most challenging and uncertain periods both for tenants and for real estate asset owners, Cushman & Wakefield Echinox managed to boost turnover by over 2.5 times,” says Oana Iliescu, Managing Director at Cushman & Wakefield Echinox.
As regards the performance of the Asset Services department, it added new properties and tenants to its portfolio in 2023, coming to manage projects of almost 500,000 square meters.
The company continued to grow on the project management segment as well, by gaining new mandates, but also on the green certification services one.
(English version by Catalina Apostoiu)