Business

CTP Romania delivers the first foreign distribution center of LPP Logistics at CTPark Bucharest West

January 9, 2024

CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has delivered the first foreign distribution center of LPP Logistics in Romania, less than one year after the start of construction. Located in CTPark Bucharest West, the largest industrial park in Central and Eastern Europe (CEE), the […]

Cushman & Wakefield Echinox expands its team: Anamaria Cretu joins the Office Agency

December 22, 2023

Cushman & Wakefield Echinox strengthens its office agency by recruiting Anamaria Crețu, a specialist with 18 years of multinational corporate experience. With a vast background in the real estate market, Anamaria had been part of Skanska’s team during the past 8 years, one of the world's leading project development and construction groups, where she initially […]

Major Chinese automotive component maker KSHG Auto Harness expands again through 13,000 sqm deal with CTP in Romania

December 20, 2023

 CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased 13,000 sqm of production space at CTPark Deva II in western Romania to leading Chinese automotive component company KSHG Auto Harness. The company is significantly expanding its presence at the park, having already taken 8,000 sqm of production […]

HELL ENERGY Romania opens a new warehouse in CTPark Bucharest North

December 14, 2023

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased over 1,800 sqm of warehouse and offices in CTPark Bucharest North for HELL ENERGY Romania, a fast-developing FMCG brand’s Romanian company, which quickly became a prominent player on the international energy drink market, being the […]

Cushman & Wakefield Echinox expands its team: Raluca Stanislav joins as Head of Buiness Development

December 12, 2023

Cushman & Wakefield Echinox consolidates its team by recruiting Raluca Stanislav as Head of Business Development. Raluca has over 20 years of experience in the real estate and construction industry in Romania and in the entire CEE region. Over the past 10 years, she has led various divisions within Skanska, one of the world's leading […]

MetaWealth expands to Spain, where it launches its fourth real estate asset, worth $3.5 million

December 11, 2023

MetaWealth, the most important fractional real estate investment platform, expands in Spain and launches the fourth asset in the portfolio. In less than a year after the release, the company successfully completed the sale of the first three assets in Bucharest. The new real estate asset made available to clients through the app consists of […]

Nusco Imobiliaria has sold 30% of the second phase of the Nusco City complex

December 7, 2023

In just three months since obtaining the construction permit, the real estate developer Nusco Imobiliara has traded 285 units from the second phase of the largest urban regeneration project in the northern part of the capital city – Nusco City.   The second phase of the ensemble will include 840 units, featuring double studio apartments, two, […]

TOPBAND SMART EUROPE ACHIEVED LARGE-SCALE PRODUCTION FROM CTPARK TIMISOARA

December 5, 2023

CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), leased an 11,000 sqm production space for Topband Smart Europe in CTPark Timisoara. The Topband Smart Europe facility has entered mass production phase in the first half of 2023, and it was officially launched in early November. […]

New York’s Fifth Avenue Retains Top Ranking As World’s Most Expensive Retail Destination

November 23, 2023

New York’s Fifth Avenue has maintained its position as the world’s most expensive retail street, with Milan’s Via Montenapoleone climbing to second in the global rankings, according to Cushman & Wakefield’s latest ‘Main Streets Across the World’ report.   The 33rd edition of the report reveals retail rents on Via Montenapoleone grew 20% over the […]

Cushman & Wakefield Echinox: JIMMY KEY OPENS THE SECOND STORE IN ROMANIA, IN AFI COTROCENI BUCHAREST

November 21, 2023

Jimmy Key company from Turkey, with over 30 years of experience in womenswear, will open in 8th of December the second store in Romania within the AFI Cotroceni in Bucharest, developed by AFI Europe. Jimmy Key has leased a space in the project through a transaction brokered by the real estate consultancy company Cushman & Wakefield […]

LSD Group becomes a member of the Globalworth community

November 21, 2023

Globalworth, the leading office investor in Central and Eastern Europe (CEE), signed a lease agreement for Globalworth Plaza with LSD Group, a multinational general contracting and fit-out company based in Bucharest that is emerging as a preferred business partner across 9 countries in the region. In line with their development strategy, a long-term leasing transaction […]

Over half a million sq. m of industrial and logistics spaces under construction across Romania; 60% are already pre-leased

November 16, 2023

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 limited pipeline of speculative projects could put pressure on rental levels in the coming period due to the fact that, even […]