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Developer P3 Logistic Parks has bought a 16 hectare plot for a new logistics park near Bucharest

P3 Logistic Parks, the investor and pan-European developer of logistics properties, acquired a 16 hectare plot of land in Dragomiresti Vale, in order to develop a new logistics park serving logistics activity on the northwestern outskirts of Bucharest.

Value of real estate transactions in Romania exceeded 4 billion euros over the past five years

On the local real estate market, revenue-generating property transactions worth more than 4 billion euros over the last five years have been signed, the most active buyers being South African investors, with a market share of 28%, followed by by Greek investors (14%), French (10%) and Romanians (7%), according to a study conducted by the real estate consultancy firm Cushman & Wakefield Echinox.

Cele mai importante tendințe din piața de certificări verzi în 2019

Anul următor va aduce o serie de schimbări importante pe piața imobiliară locală, 2019 putând fi considerat astfel ca un an de transformare, ținând cont de cele mai importante tendințe din segmentul certificărilor verzi.

CTP hits 5 million m2 milestone with its A-Class properties in CEE

CTP is proud to announce reaching the 5 million m2 lettable milestone this month. The company has developed a portfolio of strategically located business parks over the past 20 years located throughout central Europe with 95% occupancy, creating approximately 280 million EUR of rental income for 2018. The properties have over 415 tenants employing over 60.000 people in a variety of industries, manufacturing, R&D, logistics, distribution and ecommerce across 8 countries.

Romania competes with Bulgaria and Hungary for a new Skoda factory, an investment of 1 billion euros

Romania competes with Bulgaria and Hungary for a new Škoda plant, a greenfield investment of over 1 billion euros.

Constructors in Romania warn the government: the construction market crisis could lead to economy recession

Representatives of the Federation of Construction Companies Employers (FPSC) warn that the current construction crisis could throw the economy into recession and ask the government for tax subsidies and facilities to raise workers' wages in construction and halt the exodus of employees abroad, as well as a minimum salary of 500 euros, and total tax of 20%, reduced from about 45% today.

Romania, an attractive real estate market for CEE investors

Romania has remained an attractive real estate market for new or already existing investors in the Central and Eastern Europe (CEE) region, boosted by rising purchasing power and dominated by retail and office space, according to the KPMG Barometer on Real Estate Lending .

eMAG has opened the largest logistics center of its kind in South East Europe

eMAG, the largest online retailer in Romania, opened the largest logistics center of its kind in South East Europe, with a length of 600 meters and a width of 200 meters.
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