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Related news

Half million sqm of new industrial and logistic spaces to be delivered in 2024

The modern stock of industrial and logistics spaces exceeded 7 million sq. m across the country at the end of 2023, almost 80% of the total stock being concentrated in 3 development regions – Bucharest – Ilfov, West and South-Muntenia. Projects with a total area of around 452,000 sq. m were delivered in Romania in 2023, corresponding to a 46% decrease compared with the previous year, a contraction which was caused by a reduced development activity on speculative basis, according to data from the Cushman & Wakefield Echinox.

Over half a million sq. m of industrial and logistics spaces under construction across Romania

Industrial and logistics projects accounting for more than half a million sq. m are currently under construction and due to be delivered by the end of 2024, 60% of which being already pre-leased.

The Real Estate and Construction sector attracted approximately €1.2 billion of Foreign Direct Investments in 2022

The real estate and construction sector attracted approximately €1.2 billion of foreign direct investments (FDI) in 2022, as the share of this economic activity in the overall FDI stock stood at 17.2% at the end of 2022, according to data from the National Bank of Romania analyzed by the Cushman & Wakefield Echinox real estate consultancy company.

Former industrial platforms in Bucharest continue to generate among the highest number of land transactions

The land market in Bucharest has remained active over the past 12 months, in terms of acquisitions made by residential, logistics and retail real estate developers by particularly targeting the former industrial platforms within the city, which provide easy access, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Cushman & Wakefield Echinox expands its Land & Industrial team by recruiting two specialists with a combined experience of 33 years

Cushman & Wakefield Echinox expands and consolidates its Land & Industrial team coordinated by Andrei Brânzea by recruiting Marius Frunzuc and Ștefan Oprea, two specialists with a combined experience of 33 years in the real estate market.

Cushman & Wakefield Echinox Consolidates Its Industrial Department in Romania

Cushman & Wakefield Echinox consolidates its industrial department in Romania by recruiting Anamaria Tihu, a specialist with more than 10 years of experience in sales, with the position of Senior Consultant, responsible for leasing logistics and warehousing, as well as developing the portfolio customers.

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