Globalworth announces the signing of a strategic partnership with CATTED for the light industry and logistics area, mainly focused on the “small business units” segment. The partnership, with Globalworth as the majority shareholder, initially involves the acquisition of a land of approximately 45,000 sqm in Ștefănești, ideal for a logistics development, as well as the takeover of a small business units logistics project previously developed by CATTED in Chitila.
The local real estate market has rapidly adapted to the new social and business environment, largely countering the imbalances stemming from the restrictions imposed during the state of alert. Moreover, we can notice an upward trend in all market segments, even though there are still a few challenges, such as the increasing prices for construction materials, utility costs, inflation, decreasing purchasing power and also finding the best levers to get employees back to their offices.
CTP, the largest owner and developer of industrial and logistics space in Romania, strengthens its management team and appoints Răzvan Danciu as Head of Property Management for its portfolio of over 2.1 million square meters owned in 15 cities across the country.
FAN Courier has bought 8 hectares of land on the outskirts of Sibiu and is preparing a large investment in a new logistics hub. The land is located on the Sibiu ring road, in the Șura Mică area, and is intended to build the fourth logistics hub on the local market.
Symmetrica, the leader in the local market for vibra-pressed pavers and curbs and the largest domestic producer with seven own factories, aims to expand through new investments in areas of the country that promise the greatest potential for development in the coming years. Thus, the company aims to expand production and deliveries, especially in the counties of the Southeast and West of the country.
Raben Group, the European logistics operator, has signed an agreement to purchase 100% of shares of the Austrian company Bexity from its current owner, Mutares. As a result of the transaction, over 500 employees and 16 branches of Bexity, with headquarters in Vienna, joined the Raben family. The transaction was initiated in December 2021 and approved by antitrust authorities in February 2022.
VGP and Allianz Real Estate, acting on behalf of several Allianz Group companies, recently announced a successful third closing with its 50:50 joint venture, VGP European Logistics II. The transaction comprised of 13 logistic buildings, including 9 buildings in 5 new VGP parks and another 4 newly completed logistic buildings which were developed in parks previously transferred to the Joint Venture.
Alinso Group intends to acquire Metav Business Park in Bucharest. The group will further develop and optimize the park to create inspiring business space for their clients.
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