CUSHMAN & WAKEFIELD ECHINOX
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C&W: Bucharest Sees Highest Office Rents In CEE, With 15.8% Year-Over-Year Increase
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...
C&W: More Than 500,000 Sqm Of Logistics And Industrial Spaces Transacted In H1/2023
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 i...
C&W: Industrial And Logistics Space Stock In Romania Seen Exceeding 7 Million Sqm Threshold By End-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 – Munten...
Cushman & Wakefield Echinox: Bucharest Has Almost 500,000 Sqm Of Vacant Office Spaces
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 Nort...
C&W: Over 230,000 Sqm Of Retail Spaces Expected To Be Delivered In 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...
Most Real Estate Investors And Developers In Romania Seek To Expand Their Portfolios In The Next 3 Years
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, incr...
Cushman & Wakefield Echinox: Major Retail Networks in 2021 Posted 20% Higher Turnover than in 2019, Topping EUR27B
Major retail networks in 2021 registered overall turnover almost 20% higher than in 2019, a pre-pandemic year, 60% above the consumption growth rate of the past two years (12.5%) and above t...
C&W: Real Estate Developers Bought EUR720M Worth Of Land Plots In Bucharest In The Past 2.5 Years
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...
C&W: Bucharest Expected To Deliver 134,000 Sqm Of Office Space In 2022 And 2023, Way Below Last Years’ Level
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...