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Warehouse Market News

CTP finalizes acquisition of Industrial Park on D8 highway north of Prague

CTP recently met with representatives of sellers AFI Group and ProDelta at the legal offices of Dentons in Prague to complete the final signing of a purchase of its third industrial park in the Prague region.

Work on Sebeş-Turda highway in Central Romania starts in a month

Work on the Sebeş-Turda highway in Romania will start at end-November, and the highway will most likely be ready in December 2015, the earliest, according to Mediafax.

Manufacturing industry will see a moderate growth trend in Q4 2014

Trading company managers estimate the manufacturing industry will see a moderate growth trend in Q4 2014, that there will be relative stability in the sectors of retail trade and services, whereas the construction sector will decline compared to the previous three months, shows data released on Tuesday by the National Statistics Institute (INS), based on short-term surveys.

Helios Phoenix takes out EUR21.3 mln loan to finance Romanian logistics parks

Greek industrial park developer Helios Phoenix got a EUR 21.3 million loan from Alpha Bank London to refinance its Olympian parks in Timisoara and Brasov.

Ford to produce new auto vehicle model in Craiova

Almost seven years after taking over Automobile Craiova, the company maintains its goal of producing 200,000 vehicles per year. In 2014 Ford will produce 60,000 B-Max units in Craiova, but the company is prepared to introduce a second type of auto vehicle in order to boost its annual production.

Bucharest logistics premises, among world’s lowest costs

Bucharest is one of the world’s cheapest destinations considering the occupancy costs of logistics premises, occupying the 27th place from89 markets, with the smallest growth forecasted for the next four years, according to DTZ study.

Compania E van Wijk rented 16,147 sq. m in Prologis Park Bucharest A1

Logistics operator Logistics E van Wijk rented 16,147 sq. m in Prologis Park Bucharest A1, representing the second largest transaction signed in 3Q in CEE by the American company Prologis, the owner of the project, according to Mediafax.

Azomures takes out EUR 75 mln loan for factory upgrades

Chemical company Azomures contracted a 10-year EUR 75 million loan which it will use to finance tech-upgrades for two ammonia plants, the company announced on Wednesday, writes Mediafax.
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