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Related news

Mobile Pet & Mobile Vet network rents space for new clinic and pharmacy in One Cotroceni Park Bucharest

The Mobile Vet and Mobile Pet veterinary clinic and pharmacy network opens its 4th clinic in Bucharets within One Cotroceni Park, following an investment of approximately €500,000, according to the Cushman & Wakefield Echinox real estate consultancy company, who brokered the leasing transaction for the space owned by One United Properties.

Cristina Lupașcu was appointed Head of Marketing at Cushman & Wakefield Echinox

Cristina joined Cushman & Wakefield Echinox in 2021 as Director PR & Research, being responsible for assisting both the PR & Marketing and Reserch departments. She has more than 20 years of experience in media and real estate.

The volume of pre-leases of office space fell by more than 50% in the period 2020-2023

The decrease in demand for office spaces in Bucharest following the pandemic period is reflected in the volume of pre-leases, which saw a reduction of over 50% between 2020 and 2023, according to an iO Partners study.

Cushman & Wakefield Echinox registered a 15% revenue growth in 2023 in a stagnant market and now ranks 2nd among real estate consultancy companies in Romania

Cushman & Wakefield Echinox closed 2023 with a revenue of EUR 12 million, marking a 15% increase compared with the previous year. This impressive growth propelled the company to the second place among real estate consultants in Romania, in a year marked by a stagnation of this particular business segment.

An increasing number of employees are returning to the office. Some companies have started adding positions such as Workplace Experience Manager to their organizational chart

The hybrid working system, which combines remote work with in-office presence for the entire team, has remained in practice in many companies even after the end of the pandemic, but the number of employees returning to the office is growing, note consultants from the Asset Services department of Colliers Romania, which manages about 640,000 square meters of real estate, nearly 600,000 square meters of which are offices.

DP World Romania opens a new branch and expands business area in Romania at One Cotroceni Park

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, is pleased to announce that DP World Romania, a global leader in logistics and supply chain solutions, is expanding its business operations within Romania and is opening an office in the prestigious One Cotroceni Park class A office building. The new lease agreement followed an efficient real estate process led by CBRE Romania and spans a term of 10 years, covering a surface area of 700 square meters.

Romanian real estate investment market closed the first quarter with transactions of 202 million euro

The first quarter of 2024 ended with real estate investments in Romania totalling 202 million euros, up 69 percent compared to the first three months of 2023, with transactions in the retail segment accounting for around two-thirds of the volume, according to a Colliers report. Compared to the other five major economies (Bulgaria, Czech Republic, Hungary, Poland and Slovakia) in Central and Eastern Europe (CEE), Romania was the best performer in a context where market activity in the region was soft and transaction volumes reached one of the lowest levels in a decade.

Expansion of the M4 subway line could attract investments worth 3.5 billion euros for Bucharest’s development

The initiation of the project to extend the M4 metro line from Străulești to Gara de Nord, and onward to Gara CFR Progresul, promises new development prospects in southern Bucharest, according to an analysis by the real-estate consultancy company iO Partners. Authorities have applied for 2.5 billion euros in European funding through the 2021-2027 Transport Program. Additionally, the tender for the project’s planning and construction was initiated in April.

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