Cushman | Romania Feed

Real estate consultancy company Cushman & Wakefield Echinox has advised real estate developer River Development in the sale of its The Light One office building in Bucharest to Austrian group Uniqa in the largest real estate transaction registered this year so far in Romania.

The demand for office spaces in Bucharest will increase by 20-30 percent this year, given that a significant part of the major tenants have exceeded expectations and are actively evaluating the options for space optimization, according to Cushman & Wakefield Echinox consultants. During 2020, the transactional volume decreased by 40%, up to 237,000 square meters, […]