Global real estate consultant Cushman & Wakefield has expanded its presence in the key emerging markets of Central & Eastern Europe to establish its own office in Romania, Central Europe's second biggest market after Poland.
The new office, Cushman & Wakefield ACTIV Consulting, follows the acquisition of ACTIV Consulting, which has been Cushman & Wakefield's Associate Office in Romania for the last 11 years. The office is led by Razvan Gheorghe, ACTIV's founder and General Manager, and offers a full range of services.
Paul Bacon, Cushman & Wakefield's CEO says: "The emerging markets of Central & Eastern Europe are firmly in the expansion plans of our cross-border clients. Romania is a key country in the regional jigsaw, in particular given its new status as an EU member, a consumer market of 22 million and the fact that it is one of the fastest-growing economies in Europe. This is a prime time to open a Cushman & Wakefield office in Romania."
Source: Cushman & Wakefield