Oana Iliescu who previously acted as head of retail, will join the senior management from February 2009. This addition will allow Tim Wilkinson to focus more on client development and business generation.

Oana Iliescu joined DTZ team in December 2004 and over the past 4 years has established and managed the retail team which now boasts over 400,000 sqm of retail projects, serving clients such as Atrium Centers, Immoeast, Plaza Centers and Raiffeisen Evolution.

“I am delighted to have the opportunity to progress my career within the company to the senior management level. DTZ Echinox still has a significant amount of potential to realise and I am looking forward to working with the team in this new role to achieve this”, said Oana Iliescu, Joint Managing Director at DTZ Echinox.

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The position of head of retail will be assumed by Aura Voiculescu who had an important role in the growth of the retail department since joining in 2006.

The global adviser DTZ Echinox has over 12,500 staff operating under DTZ brand across 162 cities in 45 countries providing capital market solutions, occupier-led property services and advisory. The parent company, DTZ Holdings plc is listed at London stock exchange since 1897.

In November 2002, after nine years of operations on the Romanian real estate market, Echinox Consulting entered a partnership agreement with the multinational company DTZ, Echinox Consulting becoming the local DTZ representative office.