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News Release

Bucharest

JLL hires Costin Banica

Costin will be Business Developer Industrial Agency


JLL, the real estate consultancy company announces hiring Costin Bănică as Business Developer Industrial Agency. He will be responsible for identifying new clients and growth opportunities for the Industrial Department.

Costin have over 14 years' experience in sale the real estate industry among which 4 of them in the Real Estate. Only in 2015 he have successfully completed transactions totaling more than 35,000 sqm. During his career, Costin was one of the most active consultants on the market, his name being linked to many landmark transactions for company such Inteva, Quehenberger or Faurecia.

Cristina Pop, Head of Industrial Agency for JLL, comments: "We are excited about Costin Bănică joining our team. Costin is one of the most experienced professional on the real estate market in Romania, with an exceptional track record in his 4 years of career in the field. Industrial and logistic sector was one of the most dinamic of the Romanian real estate market in the last 2-3 years, and our team the consolidation is due to this evolution and to the increasing demands from our clients".

After a good 2015, in 2016 JLL will strengthen its team of specialists, with the main objectiv to offer the best services to our clients and to mentain the leading position on the real estate consultancy market in Romania.

With regards to the real estate market in 2016, Costin Bănică, Business Developer Industrial Agency at JLL, states: "We will witness the further increasing of the industrial and logistic market – demand and offer, due to the economic fundamentals and also to the increase of the consumption. This year will be delivered new projects totaling over 300,000 sqm, a record level, more than double compared with last year. This clearly confirms investor trust and confidence in the growth potential of the Romanian industrial market. I am very happy to join the team JLL, the leader of the real estate consultancy market and I am convinced that this new position will give me the possibility to capitalize the best market opportunities".

Prior to JLL, Costin has worked for Colliers International Romania as Associate Director in the Industrial department.