P3, the pan-European logistics developer and developer, signed a partnership with Logistic E van Wijk, a provider of integrated transport and logistics services for an area of 10,180 m² of storage space and 252 m² of office space in the new warehouse 6 from P3 Park Bucharest.
The total value of real estate transactions in Romania exceeded 400 million Euros in the first half of this year, up 156% over the same period in 2016, according to a study released by Colliers International, also showing that the total volume of investments could reach 1 billion Euros this year.
The local industrial and logistics market has reached a stock of 2.65 million square meters and could reach 3 million by the end of this year, according to Romania Industrial & Logistics Market 2017 report by Cushman & Wakefield equinox.
The companies leased a total area of 350,000 square meters of industrial and logistics space nationwide in the first half of this year, 54% up over the same period in 2016, according to JLL Romania real estate consultancy data.
Business Review’s latest Real Estate Guide reveals that the first semester of 2017 has been a positive one for the local real estate market and the upward trend looks set to maintain for the rest of the year. Through in-depth analyses dedicated to the office, residential, commercial and industrial markets, the guide reviews the main developments on the real estate market, the players’ forecast for the remaining of 2017 as well as new trends taking shape. Business Review looks into the growing popularity of mixed-use projects on the local market and new office trends taking shape in light of shifting work patterns.
Cushman & Wakefield Echinox consolidates its industrial department in Romania by recruiting Anamaria Tihu, a specialist with more than 10 years of experience in sales, with the position of Senior Consultant, responsible for leasing logistics and warehousing, as well as developing the portfolio customers.
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