c w echinox

Developers and real estate investors completed land acquisitions with a cumulative value of around EUR245 million last year in Bucharest, a new record for the past ten years, real estate consultancy firm Cushman & Wakefield Echinox.

Cushman & Wakefield Echinox announced Tuesday it is strengthening its Capital Markets team by promoting Alexandru Mitrache as Head of Transactions - Land & Investment.

Romania ranks second in Europe, after Turkey, by growth and growth potential in the Food & Beverage (F&B) sector, including consumption in restaurants, fast food units, cafes, tea shops and ice-cream parlors, according to a report by Cushman & Wakefield.