Sacha Dragic, the founder of Superbet, and Ionuţ Dumitrescu, the founder of Element Industrial, will sign a partnership for the development of the ELI Parks logistics park network. Anca Damour is also involved in the project, having 19 years of experience in the real estate and retail area. The association is subject to the authorization of the Competition Council.
This year, WDP invested 14 million euros in the acquisition of land in Romania, in Dragomireşti and Ştefăneştii de Jos, according to the company's financial report. Another investment is a 60,000 sq m plot of land, in Timişoara, an investment of 5 million euros, near the Sport Mechanical Workshop bicycle factory.
CTP's external evaluator, C&W, updated its revenue-generating portfolio valuations for the third quarter of 2021. These valuations indicate the compression of material returns compared to the end of 2020.
CTP, the largest developer and administrator of class A logistics and industrial spaces in Romania, with a portfolio of approximately 1,850,000 sqm, has just acquired another 153,000 sqm of industrial spaces expanding its portfolio in Brasov, and enlarging its presence in Timisoara and the South of Bucharest, thus becoming present in 13 cities.
CTP, the largest developer and manager of class A logistics and industrial spaces in Romania, became the partner of Golden Fish, which rented a space of 14,500 m2 in CTPark Bucharest North, the logistics park of over 21 hectares located in Ștefănești-Ilfov.
The Zacaria company, headquartered in Sibiu, sold part of its industrial park portfolio to CTP. The obtained capital allows the Sibiu company to support an organic growth focused on the development of industrial parks, shopping centers and residential projects.
CTP, the largest developer and administrator of logistic and industrial class A spaces in Romania, with over 1,850,000 sqm of leasable area, has acquired approximately 112,000 sqm of industrial spaces from Zacaria Industrial, representing parks in four cities, continuing thus the group strategy to be present in new cities, like Craiova and expand their developments in Sibiu, Arad and Oradea.
Fortress, one of South Africa’s largest real estate investment trusts (REITs), has reached an agreement with Element Industrial and Paval Holding to sign an agreement to acquire ELI Park 1, a Class A industrial development in North, the latest logistics hub North-West of Bucharest, Buftea – Chitila, making it their first logistics acquisition in Romania.
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