C&W ECHINOX
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C&W Echinox: Romanians Spent EUR36B In Large Retail Chains In 2023, Up 11% vs. 2022
Romanians spent EUR36 billion in large retail chains, up 11% compared with 2022, out of which the FMCG spending accounted for EUR22.5 billion (more than 60% share), according to the Romania...
C&W Echinox: Companies In Bucharest Spend On Average EUR943 Per Sqm Of Office Fit-Out, Among Lowest In CEE
Bucharest's average office fit-out costs are among the lowest in Central and Eastern Europe (CEE) despite increasing by around 15-20% during the past 12 months, according to data from real e...
C&W Echinox: Real Estate Deals worth over EUR600M Are Under Advanced Negotiations; 2023 Traded Volume Likely to be Matched in 1H/2024
Deals with commercial real estate assets worth above EUR600 million are currently under advanced negotiations, so that the volume traded in 2023 is likely to be matched in the first half of...
C&W Echinox: Modern Stock Of Industrial And Logistics Spaces In Romania Overshoots 7 Million Sqm Mark At End-2023
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 develop...
C&W Echinox: Retailers Become More Demanding Than Ever Regarding Targeted Locations For New Store Openings
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 i...
C&W Echinox: Bucharest's Calea Victoriei Ranks 40th Among World’s 50 Most Expensive Shopping Streets
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 ret...
C&W Echinox Coordinates BREEAM Excellent Certification Process For eMAG's Logistics Parks In Romania And Hungary
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...
C&W Echinox: Number Of Sold Properties Grew In H1/2023, But Average Price/Asset Fell Over 50%
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...
C&W Echinox: Center–West Office Hub Becomes Largest Office Submarket In Bucharest, Outranking Floreasca – Barbu Vacarescu Area
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 are...