German group Metro Cash & Carry has consolidated its distribution activities in a single project with an area of over 58,000 square meters, to be developed by the Belgian company WdP in Ştefăneşti, north of Bucharest.
Unified building and urbanization legislation, public and private sector cooperation, and the existence of fiscal facilities for "green" buildings or the creation of investment vehicles in real estate are some essential measures that would place the real estate market on solid bases and would attract easier investors in assets, in the opinion of lawyer Roxana Dudau, associate partner Noerr and a member of Bucharest Real Estate Club.
The real estate market followed an upward trend in 2018, with positive results in all sectors of the market. On the background of the increased interest of companies for modern office space and a low vacancy rate, Class A office space segment in Bucharest and in regional cities will continue to grow at an accelerated pace in 2019.
Following last year's success, ROFMA - the Romanian Facility Management Association organizes a new edition of ROFMEX - Romanian Facility Management Experience Days this year, between 8th and 10th of November.
Dunwell, the first and only brokerage agency in Romania, specializing exclusively in the real estate industry, has completed two transactions enabling PepsiCo to expand its storage capacity by renting some 27,000 square meters of space.
On November 8, the International Conference organized by the Romanian Facility Management Association within ROFMEX 2018 will take place, an event that aims to bring to the attention of those who work or interact with the fields of workplace, property and facility management an in-depth analysis of the challenges, trends, technological innovations and opportunities in the field.
The areas in northern Bucharest, such as Stefanestii de Jos and Chitila, have the potential to form a new logistics hub, according to the real estate consultancy company Colliers International. Over 180,000 sqm of logistics space are to be delivered next year, as the West of the capital has become loaded in terms of the development of industrial and logistic spaces.
The P3 Logistic Parks investor and developer has signed new contracts with Agricover, Banafruit Distribution and Interbrands for more than 11,000 square meters in P3 Park Bucharest.
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