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.
Transilvania Construcții Group, an experienced construction developer, follow the sustainable business ideas and it is the only park from Moldova Region that has BREEAM Certification. These modules are available now and their surfaces vary from 600m2 to 12000m2.
Symmetrica, the leader in the local market for vibro-pressed pavers and curbs and the largest domestic producer, continues its expansion plan by inaugurating new production facilities dedicated to elements for sewerage systems. Thus, the company completed investments of 3.5 million euros in a new production unit, in Solca - Suceava, and in the expansion with a new production line in the facility in Prejmer - Brașov.
Austria ranks first among investors who chose commercial real estate in Romania last year, with about a third of the acquisitions, according to Fortim, a member of the BNP Paribas Real Estate Alliance. In second and third place are the Czech Republic and Hungary.
Ford Otosan, the largest commercial vehicle manufacturer in Europe, will take ownership of U.S group Ford’s Craiova plant and production activity in Romania, a process conditioned by the approvals from the relevant authorities.
CTP, the largest owner and developer of industrial and logistics space in Romania, has partnered with Blum, one of the world’s leading manufacturers of furniture hardware. CTP will set up a 2,200 sqm warehouse for the Austrian manufacturer’s subsidiary in CTPark Bucharest North, in the Stefanesti area.
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