New infrastructure projects worth more than 1.5 billion euros are expected to be delivered to regional cities in Romania this year, while in Bucharest construction work on a new bypass will continue as part of a 1 billion euros investment, shows an analysis carried out by Bucharest Real Estate Club (BREC), in partnership with Concelex.
Cemacon will invest 12 million euros in a new factory in Sălaj County, according to a company report published on the website of the Bucharest Stock Exchange.
The Belgian developer of logistics spaces WDP, with significant investments on the Romanian market, has completed investments of 69 million euros and is working on projects of 92 million euros. Romania continues to be one of the company's important investment hubs.
CTP N.V., the EU’s largest listed developer and operator of logistics and industrial real estate by gross lettable area (GLA), has today closed a €700 million four-year green bond under its eight billion euro medium-term note (EMTN) programme.
Knauf Insulation, one of the largest players on the insulation materials market, part of the Knauf Group, announces the signing of the contract for the purchase of the Gecsat S.A. mineral wool factory in Târnăveni, Mureș County. The acquisition of the factory in Târnăveni aims to support deliveries to Knauf Insulation customers in the ever-growing markets of Romania, Eastern Europe and the Commonwealth of Independent States (CIS).
CBRE makes a strategic move by appointing Victor Rachita to lead the Industrial & Logistics department in Romania, pursuing its consistent efforts to strengthen the industrial & logistics team and extend the local market share.
Commercial real estate representatives (retail, business centers and offices, logistics spaces) estimate, in a proportion of 80%, a revenue increase this year compared to 2021, and 73% expect transactions activity to intensify over the next 12 months, according to the Deloitte 2022 Commercial Real Estate Outlook global study.
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