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Warehouse Market News

19,000 m² deal signed with Quehenberger logistics for CTPark Bucharest West

CTP and logistics company Quehenberger Logistics ROU SRL agreed a lease deal for the recently acquired CTPark Bucharest West (formerly Prologis park). CTP has concluded a deal whereby Quehenberger committed to lease warehouse space with total let-able area of 19,450 m², split in two buildings marked BUW 7 and BUW 8.

Industrial production prices fall 2.8 pct in September 2015 y-o-y

Industrial production prices for the total market (domestic and external) registered falls in September 2015, both compared to the previous month (0.3 percent) and year on year (2.8 percent), a report from the National Institute for Statistics shows.

United manages communication for P3 in Romania

United, full-service marketing agency, present in the market for 15 years, currently manages the communication and public relations account of P3 Logistic Parks in Romania, one of the most important investors, developers and logistics facilities managers in Europe, with an impressive portfolio of assets totalizing 3 million sq. m in nine countries and plots with urban permits which allow the development of more than 1.3 million sq. m of new spaces.

Financing constructions – innovative solutions for survival and economic development! – The fifth edition of `Machinery and Equipments for Constructions` Conference

The fifth edition of "Machinery and Equipments for Constructions" Conference within the Campaign for the re-launching of the construction market in Romania took place in Bucharest on 22nd of October 2015. The theme of the edition was Financing constructions – innovative solutions for survival and economic development!

Auto parts manufacturers sustained most of industrial request in the last two years

Auto parts manufacturers signed most of the pre-lease agreement in the last two years in the industrial sector, representing more than 60 pct of the total transactions, according to CBRE.

Immofinanz sells logistics portfolio to Blackstone

Immofinanz has signed a contract with Blackstone for the sale of its entire logistics portfolio. The transaction covers all 36 logistics standing investments with up to one million sqm of rentable space, which are located for the most part in Germany (24 properties) as well as in Hungary (5), Romania (3), Poland (2), Slovakia (1) and Russia (1).

Dutch dairy producer merges all operations in Romania

Dutch dairy producer FrieslandCampina will bring together the operations it runs in Romania in one company.

German Group builds cooling systems factory in Sibiu, Romania

German group Guntner, with an experience of more than 80 years in cooling systems manufacturing, will open a factory on 18,000 sq. m in Sibiu, where the production will start next spring.
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