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Warehouse Market News

New logistic space deliveries in Romania to reach 160,000 sqm this year

About 160,000 sqm of logistic space will be delivered this year, up by 60% compared to the area completed last year, according to an analysis by real estate consultancy firm JLL.

CTP adds 43,000 sqm to its industrial property stock in Romania

CTP, a premium business park in Central Europe, announced the acquisition of Deva Logistics Park project.

Immofinanz to sell logistics business

Austrian property group Immofinanz is in negotiations with interested parties to sell its logistics business, consisting of around 1 million square metres of rentable space and various logistics development projects, according to representatives.

Lafarge Romania, officially under the CRH umbrella

Irish building materials producer CRH announced that it has completed the acquisition of the assets Lafarge Romania,part of a global agreement to take over more assets Lafarge (France) and Holcim (Switzerland) for 6.5 billion euros

Practic wants to buy 5% of Aviatia Utilitara, which has a land near IKEA

Bucharest real estate developer PRACTIC, owned by businessman Radu Timofte will buy 5.6 % stake in Aviatia Utilitara.

CNADNR will pay 800,000 euros to find out how Transfăgărăşanul can be kept open the whole year

The National Company of Motorways (CNADR) wants to outsource technical expertise for achieving a feasibility study for the rehabilitation of DN 7C - Transfăgărăşan.

Industrial activity in Romania records no growth in four months

Romania’s industrial activity in June was at a comparable level to May, marking four months since the industry has stopped growing.

Managers forecast a rise in industrial activity, constructions and services for the next three months

Managers of Romanian companies forecast a rise in industrial activity, constructions and services for the next three months, as well as a relative stability in the number of employees, and expect a moderate decrease in retail prices, survey data published by the National Statistics Institute (INS) on Tuesday reveals.

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