Bucharest, April 2024: flydubai, the UAE-based airline, opens an office in Bucharest in the Eminescu Offices building through a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company.
Flydubai, founded in 2008, is a low-cost airline from the United Arab Emirates. The company was established with the aim of offering affordable and convenient flights to a wide range of destinations, both domestically and internationally.
Elena Iaru, Consultant Office Agency Cushman & Wakefield Echinox: ”We are happy to observe that the office rental market is appealing to companies from various fields of activity beyond the traditional ones such as IT&C, financial or professional services. As Romanians are showing a growing interest towards exclusive or exotic destinations, including Dubai, flydubai emerges as one of the most dynamic airlines in the local market. The new office, located in the central area of Bucharest, provides excellent visibility and accessibility, enabling the company to maintain exceptional standards when it comes to providing their customers with high-quality services and products.”
The Eminescu Offices building is owned by Akcent Development and it is situated in the central part of Bucharest, being managed by the Cushman & Wakefield Echinox Asset Services team.
Eminescu Offices is a premium project, an office building with a special design and with an exterior facade that fits the area profile. The building has a leasable area of 7,000 sq. m distributed on the ground floor plus seven above-ground floors. The underground car park has 81 spaces, being also equipped with bicycle facilities. The office spaces are of the open space type, with terraces on each floor, the building design facilitating the access to natural light in all areas. Premium materials ensure good insulation and low energy consumption.
Eminescu Offices is a boutique building developed by Akcent Development, which revitalizes the historic Eminescu area and offers its tenants easy access to public transportation via bus and metro stations. Due to its ultra-central position in the vicinity of the Universitate, Piata Romana, Calea Mosilor and Stefan cel Mare areas, the building can therefore provide access to a wide range of services such as restaurants, cafes, pharmacies or banks.
Cushman & Wakefield Echinox is a leading real estate company on the local market and the exclusive affiliate of Cushman & Wakefield in Romania, owned and operated independently, with a team of over 80 professionals and collaborators offering a full range of services to investors, developers, owners and tenants.
The Cushman & Wakefield Echinox office agency was the market leader in Bucharest, closing transactions totaling 104,000 sq. m in 2023, having a 26% share in the volume brokered by real estate agents. Moreover, the office team oversaw leasing transactions of more than 225,000 sq. m in the past 3 years in Bucharest and in the regional cities. For more information, visit www.cwechinox.com
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. For additional information, visit www.cushmanwakefield.com.