Cushman | Romania Feed

The volume of logistic and industrial spaces leased in the first nine months of 2025 reached around 750,000 square meters, up 30% from the year-earlier period, reveals the Romania Industrial Markbeat Q3/2025 report published by real estate consultancy Cushman & Wakefield Echinox.

New retail project development is showing signs of a rebound, with deliveries in the first nine months topping the level registered in the entire 2024, so that 2025 is shaping up as the second most lucrative year in the past decade in terms of activity on this segment, reveals the Romania Retail Marketbeat Q3 2025 report published by real estate consultancy Cushman & Wakefield Echinox.

Foreign direct investment in constructions and real estate deals more than tripled in absolute value during the 2014-2024 period, by EUR15 billion, to EUR21.6 billion at the end of last year, so that the weight of this field in the overall amount went up from 10.6% to 17.3%, in line with Romania central bank data analyzed by real estate consultancy Cushman & Wakefield Echinox.

Romania stands out in the European fiscal landscape through a significantly lower level of property taxation compared with the European Union average, as per an analysis conducted by real estate consulting company Cushman & Wakefield Echinox, based on EUROSTAT data.

Romania stands out in the European fiscal landscape with a property taxation level that is significantly lower than the EU average, a feature that has spurred the appeal of the local real estate market and created a favorable fiscal framework both for owners and for investors, according to an analysis carried out by Cushman & Wakefield Echinox on the basis of Eurostat data.

The retail team of real estate consulting firm Cushman & Wakefield Echinox provided consulting services to the developer of the Agora Mall located in Romania's western city of Arad (formerly known as Galleria Arad).

More than 60% of EMEA (Europe, Middle East, and Africa) markets anticipate rental growth in the logistics and industrial sector over the next three years, real estate consultant Cushman & Wakefield Echinox says in its Waypoint Global Industrial Dynamics Report.

Romanians in 2024 spent around EUR40 billion in major retail networks, 7% more than in 2023, but the growth pace slowed down, from 11% in the previous year, in line with the survey Romania Retail Snapshot 2025 conducted by real estate consultancy Cushman & Wakefield Echinox on the basis of the financial results of 123 companies of 13 different fields.

Office space demand slowed down in the first quarter of 2025 in CEE, a trend also visible in Bucharest, where companies leased 51,300 square meters in the first three months, down 44% from the year-earlier period, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.

The retail team of Cushman & Wakefield Echinox provided strategic consultancy for Prime Kapital, the developer of the Mall Moldova Iasi super-regional shopping center, being involved in securing renowned brands such as Inditex, Peek & Cloppenburg, IKEA or Leroy Merlin among others.

Real estate consultancy Cushman & Wakefield Echinox has put up for sale a historic villa in northern Bucharest, on Aviatorilor boulevard, a property built in 1934 and designed by architect Duiliu Marcu.

Romania is currently undergoing an accelerated transformation of the e-commerce market, generating an ever-growing demand for industrial & logistics spaces, according to the "Quo Vadis E-commerce" report released by Cushman & Wakefield.

The average cost of fitting out Bucharest office spaces rose by 12% in 2024 against 2023, going beyond EUR1,000/sqm, in line with regional evolutions, where most capital cities posted 8-15% higher prices, in line with data provided by real estate consultancy Cushman & Wakefield Echinox on the basis of Fit-Out Cost Guide 2025 report.

IT, manufacturing and industry, as well as healthcare and pharma companies have been the most dynamic ones on the office leasing market in the past five years, generating over half of new office space demand, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.

Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling EUR1.75 billion, as per data from real estate consulting firm Cushman & Wakefield Echinox.

Real estate consultancy Cushman & Wakefield Echinox has assisted law firm Kinstellar, founded in Czechia, during the entire process of Bucharest office relocation to Globalworth Tower.

Cushman & Wakefield Echinox provided strategic assistance to MAS PLC, a major real estate investor in CEE, in the sale of a Romania strip mall portfolio to M Core Group.

Investors regard the evolution of their portfolios in the next 12 months with optimism, showing a clear improvement from the previous year, in line with Real Estate Investors Sentiment Barometer drawn up by Cushman & Wakefield Echinox, as 64% of respondents expect an increase in portfolio value and 30% expect stagnation.

Bucharest office space stock is among the “youngest” in Europe, but also in CEE, with an average age of around 11 years, which is a plus for owners in retaining and attracting new tenants, being the least exposed to the risk of becoming obsolete technologically, from the point of view of construction and sustainability standards in the next 5-6 years, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.

The demand for logistics and industrial spaces reached 575,000 square meters in the first nine months of 2024, which is lower by 20% compared with the same period of 2023, according to real estate consulting company Cushman & Wakefield Echinox.