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Warehouse Market News

Good practice course for organizing and implementing professional cleaning procedures in buildings

On November 8, at Romexpo Exhibition Complex, a Good Practice Course will be held for the organization and implementation of professional cleaning procedures in buildings.

Deliveries of one million square meters in the industrial property sector in 2018

Deliveries of space for the industrial sector will exceed the threshold of one million square meters this year, up by more than 70% compared to 2017.

Sogefi secures land in the Eurobusiness I industrial park in Oradea for a new factory

The local company of Italy’s group Sogefi, Sogefi Suspensions Eastern Europe, has obtained a concession for the land of its future factory in the Eurobusiness I industrial park in Oradea.

Saint-Gobain reopens the glass fiber mineral wool factory in Ploiesti

The group resumed production in August at the glass fiber mineral wool line at the Isover plant in Ploiesti, following an investment of € 5 million in modernization, after it was closed in the end of 2015.

CTP sells the logistics park CTPark Cluj I to WDP

Belgian industrial and logistics developer WdP, one of the largest players in the Romanian market, buys the CTPark Cluj I logistics park from CTP Group, the largest developer and manager of Class A logistic and industrial spaces Romania.

Policolor invests 5.4 million euros in a new factory on Timisoara Boulevard in Bucharest

Policolor, one of the biggest players on the local paint market, is investing 5.4 million euros in a new factory, located in the West of Bucharest, on Timisoara Boulevard.

Dunwell facilitates the opening of a new business hub in Moldova

Dunwell, the first and only brokerage agency in Romania, specializing exclusively in the real estate market, has completed a 20,000-square-meter transaction between Ursus Breweries, one of the leaders of the beer producers market in Romania and WDP, among the most important developers of parks logistics and semi-industrial activities in Romania.

Investors continue to diversify global real estate portfolios

Despite the current political environment, investors continue to target real estate assets. Strong occupier expansion, low vacancy rates and limited development pipelines have supported a gradual shift in market conditions to favour landlords, resulting in rental growth and stability across the majority of European markets during 2018.

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Adina Camara

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