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CTP concludes purchase of Prologis portfolio in Romania

International developer, CTP, has successfully concluded the purchase of the Prologis portfolio in Romania, namely the former Prologis Park Bucharest A1, now renamed CTPark Bucharest West. The transaction volume for the 100,000 m² business park, directly located on the A1 highway 20 km from Bucharest, is approximately EUR 40 million.

New Airbus Helicopters factory opens in Brasov

Airbus Helicopters Industries has inaugurated a new 10,000 sqm factory in Brasov, company representatives inform. The factory is designed to host the production of the H215 helicopter, the company’s newest model.

British company moves production lines from Germany to Romania

British company TT Electronics, which makes electronic parts for the car, aerospace, defence and medical sectors, has completed the transfer of ten production lines from Germany to Timisoara, western Romania.

Indian company wants to invest USD 150 mln in Romania’s poultry sector

Indian company IBS Synergies wants to invest USD 150 million in Romania’s poultry sector for an integrated greenfield project.

Court asks for demolition of Bucharest overpass linking to A1 highway

The Bucharest Court has asked for the demolition of the Ciurel overpass in Bucharest, as the building permit for the bridge was issued illegally, reports Digi24.ro.

P3 signs Carrefour for 81,000+ m2 logistics complex

Hot on the heels of the news that it is to speculatively develop a 28,000 m2 warehouse at its P3 Bucharest park in Romania, specialist pan-European logistics real estate owner, developer and manager P3 has announced that it has already pre-let the building as part of a deal to establish an 81,000 m2 logistics hub at the park for leading European retailer Carrefour.

Success stories at Bucharest Stock Exchange 3

Bucharest Stock Exchange invites you to take part at the event series “Success stories”, featuring interesting life and career stories of the most important people in the capital market in Romania.

Industrial and Office Segments on the Investment radar

Life on the real estate market in Romania is improving. If October was dedicated to the residential segment, November covers the commercial and investment. The last edition of Foreign Investment Summit, organized by Business Review, gave us access to information provided by a part of the market dealing with these latter segments.

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