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WDP to reinforce its capital in Romania, aiming a Romanian property portfolio of 500 million euros by 2020

Building on its continued growth in Romania, WDP is reinforcing its capital in the Romanian entity, being a 51/49 joint venture partnership with Jeroen Biermans up until now. After the capital increase the ownership ratio of the shareholders will evolve towards an 80/20 ratio. This should facilitate the further portfolio growth towards 500 million euros.

The value of real estate transactions in 2017, about one billion euros in Romania

The volume of real estate investment in Romania in 2017 is estimated at around EUR 1 billion, almost 10% higher than in 2016 (EUR 890 million). The figure is 8% of the total in the Central and Eastern Europe region of 12.17 billion euros, according to the JLL.

Over 620,000 properties sold in Romania in 2017

The National Agency for Cadaster and Real Estate Advertising has announced that 627,802 properties have been sold in Romania last year.

JLL: Demand for industrial and logistics real estate has reached a new historic high in 2017

Gross demand for industrial and logistics space increased last year by about 15% to over 525,000 square meters, recording a new historic high.

CTP expands its management team to support business growth

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, announces changes and the expansion of its management team, both local and international, in order to continue the development of the organization and to support the accelerated business growth. Mr. Robert Pitt joined CTP’s international team as Chief Operating Officer, starting the end of last year and Ms. Iuliana Bușcă and Ms. Andreea Enescu will run the business development team in Romania, starting February 1st 2018.

Bucharest, leader of Romania’s land transactions in 2017

The total value of land transactions for real estate projects, excluding the industrial segment, increased significantly last year compared to 2016, exceeding the threshold of EUR 350 million at national level, with approximately 70% of this value transacted in Bucharest, where land transactions for residential development accounted for more than half of the investment volume.

CTP strengthens its position as the largest logistics parks owner from the vicinity of Bucharest

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, strengthens in 2018 its position of the largest owner of storage and production spaces located near Bucharest.

FrieslandCampina to sell its Carei factory closed in 2015

FrieslandCampina Romania, producer of Napolact dairies, auctioned the former milk factory in Carei (Satu Mare County).

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