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These topics are to be discussed on the 19th of May 2020 in a live webinar hosted by Cushman & Wakefield Echinox consultants and Dentons lawyers and representatives of developers and banks.
The urge to “stay safe, stay home!” has received a new connotation in the last two months, after the beginning of the Covid-19 pandemic, and the first results indicate that this period puts a mark both on the appetite for real estate acquisitions, as well as on the customers’ preferences.
The real estate consulting company Cushman & Wakefield Echinox and the law firm Dentons are launching for debate a series of 10 topics that will impact the development and transactional activity in the residential sector, a booming market that has recorded in 2019 a record in terms of deliveries for the last 30 years, with 67,512 units put into use throughout Romania.
With almost 15,000 new homes completed in the Bucharest – Ilfov region in 2019, also a new record in the last 30 years, and an equally consistent construction volume, the Capital’s residential market will search for its balance between two categories of clients: the reluctant buyers, who will postpone a potential purchase until the medical and economic situation is cleared and the clients in search for an increased residential comfort for the eventual new self-isolation measures and for a more appropriate teleworking framework, a trend emphasized by the Covid-19 pandemic.
The 10 topics considered essential for the evolution of the residential sector:
Cushman & Wakefield Echinox, the exclusive affiliate of Cushman & Wakefield in Romania, owned and operated independently, has a team of over 60 professionals and collaborators offering a full range of services to investors, developers, owners and tenants.
Cushman & Wakefield, one of the global leaders in commercial real estate services, with 51,000 employees in over 70 countries, assists tenants, owners and investors in optimizing asset value. With revenues of $ 8.2 billion, the company’s main services are: asset and investment management consulting, capital markets, leasing, property management, tenant representation, project and appraisal services. For more information, visit www.cushmanwakefield.com
Dentons is the largest law firm in the world, providing valuable and quality services to clients worldwide. Dentons is one of the leaders appointed by Global Brand Acritas Elite Index, winner of the BTI Client Service 30 Awards and it is recognized by important legal and business publications for its innovative services provided to clients, including for the founding of Nextlaw Labs and Nextlaw Global Referral Network. Dentons polycentric approach and world-class talent confront the status quo, to promote the clients’ interests in the communities where we live and work. www.dentons.com