CBRE Romania, the leader in real estate consultancy, has mediated a strategic transaction in the production sector. Rus Savitar, one of the largest furniture and chipboard manufacturers in Romania, has sold its factory in Dudeștii Noi, Timiș County, to UE Furniture, a global leader in the production of chairs, armchairs, and sofas. The transferred property consists of 120,000 sqm of land and 60,000 sqm of buildings.
ELI Park Iași has signed a lease agreement for 3,000 sqm of logistics space with Uniprest Instal, a distributor of HVAC solutions and heating/cooling equipment. The space will be used for storage and distribution, supporting Uniprest Instal’s expansion in the Moldova region and optimizing logistics for faster product delivery.
Similar to 2023, last year the Romanian land market totalled around €450 million, from what the residential sector generated the highest volume of transactions, as Colliers Romania.assumes.
The Romanian economy and real estate market are entering 2025 with positive long-term prospects but also significant challenges for the year ahead, according to Colliers consultants in the report "Top 10 Predictions for the Romanian Real Estate Market in 2025."
GLGH Steel, LLC, a subsidiary of Chicago-based investment company Great Lakes Global Holdings (GLGH), has agreed to acquire Artrom Steel Tubes S.A., a leading Romanian manufacturer of seamless steel tubes based in Slatina and Reșița. The deal, finalized in November with Artrom's former Serbian owners, is pending regulatory approval from Romanian authorities.
CTP, Inevo, the operator of the BabyNeeds.ro brand—an online store renowned for its wide range of children's products—has chosen CTPark Bucharest South as the site for its operational activities.
Oresa Industra, one of the active players on the Romanian logistics and industrial space market, announces the lease of 6,000 sqm to Sellpy, European leader in second-hand sales services. The transaction, brokered by Activ Property Services, marks a new important stage in the development of both companies and consolidates Arad’s position as a reference logistics hub in the Western region.
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