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Warehouse Market News

Dunwell, new specialized agency in the industrial segment of the real estate market in Romania

On a market that has accelerated in the past two years, both as a volume of stocks and as a number of transactions, Dunwell, the first brokerage agency in Romania specializing in the industrial segment of the real estate market, was launched. The goal of the agency for the first year is to achieve a market share of 10%.

CTP expands its cooperation with FRÄNKISCHE Romania in CTPark Turda reaching a total of over 10,000 m²

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, and the German producer of pipes, shafts and system components made of plastic and metal FRÄNKISCHE, expands their collaboration in CTPark Turda exceeding 10,000 m² of logistics spaces. This surface was reached after the construction of a new building of circa 7,000 m², as an expansion of the one the German company already occupies since 2015.

Net investments in Romania amounted to 77.964 billion lei in Romania

Last year's net investment in the national economy amounted to 77.964 billion lei, up 6.4% year-on-year, according to data released by the National Institute of Statistics (INS).

Leading UK manufacturer Teconnex leases space at First Property-owned warehouse in Tureni, Romania

First Property Group plc, the property fund manager and investor with operations in the United Kingdom and Central Europe, is pleased to announce that it has entered into a lease with Teconnex Ltd, for around one-third of its warehouse in Tureni, Romania. The rent payable by Teconnex amounts to some €135,000 per annum.

The cost borne by employers for labor increased last year in Romania by almost 15%

An important aspect of the decision to relocate multinational companies in Romania, especially production activities or call center services, is labor costs.

Industrial production prices up 3.7% in January

Industrial production prices have increased in January by 3.7%, both on the domestic market and on the foreign market, compared to the same month of 2017, according to data from the National Institute of Statistics (INS).

CTP operates five of the Top 10 industrial buildings with BREEAM in-Use certification

The company CTP is continuing its efforts to support permanent, sustainable development and is continuously building top-of-the-line spaces, which are presented with various noteworthy awards. It currently owns and operates five of the Top 10 industrial buildings, which have been BREEAM in-Use certified. Four of them have been given the classification grade of “Very good.”

New clients for Ploiesti West Park

Alinso Group signed a new contract late last year with Rockwool, the renowned Danish mineral wool producer, which will build its first mineral wool plant in Ploiesti West Park (PWP). During the same period, Timken inaugurated a new design and production unit within the PWP.
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