The Asset Services department of the Cushman & Wakefield Echinox increased its property portfolio by 28 percent in 2021, reaching approximately 500,000 sqm of office, logistics and retail spaces, both in Bucharest and the other parts of the country, while the growth of 10-15 percent is also estimated for 2022.
Mihaela Petruescu, Partner Asset Services Cushman & Wakefield Echinox, said: “Today we manage the most diverse portfolio of real estate assets, covering all three commercial segments, namely offices, retail and logistics. This year’s increase has been the result of attracting new office and retail clients, as well as through the expansion of the Logicor Mogosoaia logistics park. More than ever, property owners need a reliable partner to support them in the cost optimisation process and to help them find the best solutions for the changes that may arise from the tenants’ or buyers’ activities.”
The latest projects which are now part of the Asset Services department portfolio are Țiriac Tower, developed by Țiriac Imobiliare and Floreasca Park, owned by Resolution Property and Zeus Capital, as well as Funshop Park Roșiorii de Vede and Funshop Park Focșani, developed by Scallier.
Moreover, the Asset Services department of Cushman & Wakefield Echinox has also expanded with new services this year, providing consultancy for obtaining Covid Compliant certificates, for Dekra Trusted Facility projects such as Floreasca Park, emag, Orhideea, Oregon Park, but also the SafeGuard certification for The Landmark building.
This type of certification ratifies that the owners have implemented all the safety rules, as it aims to increase the employees’ interest and confidence for them to return to the office.
Among the most representative clients of the Cushman & Wakefield Echinox Asset Services department are a number of the largest investors and developers in the local real estate market, such as Țiriac Imobiliare, Carrefour Romania, Colosseum Mall, Catinvest, Zeus Capital, Element Development, Resolution Property Investment, Rewe ProjektentWicklung Romania, Accent Development, Logicor, and Scallier.
