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FORBES: The Embassy of The Kingdom of Saudi Arabia (KSA) relocates its official headquarters in a landmark location

The Embassy of The Kingdom of Saudi Arabia (KSA) relocates its official headquarters in a landmark location. The building benefits from easy accessibility and great exposure, essential features for a Diplomatic Mission. The real estate consultancy company Cushman & Wakefield Echinox advised the transaction.

The custom-made interiors and technical features of the exceptional premise were designed to the highest standards imposed by the Ministry of Foreign Affairs and in compliance with the technical and security needs of a diplomatic mission.

Raluca Plavita, Director Residential Agency, Cushman & Wakefield Echinox, with over 20 years experience in the specialized diplomatic consultancy, said: “It has been a great honor to manage to fulfill another benchmark transaction in a landmark location, to have been able to work closely for the Embassy and its’s representants, and to identify the premises that perfectly meet the requirements imposed by the official regulations of the Ministries involved in the approval process and the local Embassies specific needs. The entire relocation process has been done with the client’s specific requirements and cultural particularities always in mind. It was a long and time-consuming process, but Ms. Raluca Plavita’s experience and her market knowledge helped the Company choose this unique location and always focused on the Embassies best interest.

Ms. Plavita has not only assisted the Company in finding the right place for the Embassy requirements, but she coordinated the entire process of customizing the building, implementing the requested security works, and the entire relocation process, making sure that all the needs were accomplished”, comments The Embassy of the Saudi Arabia representatives.

Over the past years, the Cushman & Wakefield Echinox Residential Agency has provided specialized consultancy services for most of the diplomatic missions in Romania, such as The United Arab Emirates, Qatar, Egypt, Kuwait, Jordan, USA, Canada, United Kingdom, Germany, Finland, etc.

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 Diplomatic Missions, investors, developers, owners, and tenants.

Cushman & Wakefield, one of the global leaders in commercial real estate services, with 50,000 employees in over 60 countries and $ 9.4 billion in revenue, provides asset and investment management consulting services, capital markets, leasing, properties administration, tenant representation. For more information, visit www.cushmanwakefield.com

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