The local company of Italy’s group Sogefi, Sogefi Suspensions Eastern Europe, has obtained a concession for the land of its future factory in the Eurobusiness I industrial park in Oradea.
The group resumed production in August at the glass fiber mineral wool line at the Isover plant in Ploiesti, following an investment of € 5 million in modernization, after it was closed in the end of 2015.
Belgian industrial and logistics developer WdP, one of the largest players in the Romanian market, buys the CTPark Cluj I logistics park from CTP Group, the largest developer and manager of Class A logistic and industrial spaces Romania.
Policolor, one of the biggest players on the local paint market, is investing 5.4 million euros in a new factory, located in the West of Bucharest, on Timisoara Boulevard.
Dunwell, the first and only brokerage agency in Romania, specializing exclusively in the real estate market, has completed a 20,000-square-meter transaction between Ursus Breweries, one of the leaders of the beer producers market in Romania and WDP, among the most important developers of parks logistics and semi-industrial activities in Romania.
Despite the current political environment, investors continue to target real estate assets. Strong occupier expansion, low vacancy rates and limited development pipelines have supported a gradual shift in market conditions to favour landlords, resulting in rental growth and stability across the majority of European markets during 2018.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, entered the second half (H2) of 2018 with results that substantially exceed the same period of 2017, in what concerns the built and delivered units.
Romania's merger and acquisition market had a hot summer in the third quarter, with cumulated transactions worth 809 million euros, more than double of the value of 391 million euros registered in the second quarter, according to a Deloitte study.
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