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Warehouse Market News

Central Europe’s industrial real estate market accelerates

New industrial units in Central Europe are being developed at twice the rate of last year.

Prologis acquires 230,000 sqm in Central Europe

Prologis European Properties Fund II (“PEPF II”) has acquired a portfolio of around 230,000 sqm in the Czech Republic, Poland and Slovakia.

July 2014 compared with June 2014 : Industrial production up by 1.0% in euro area and up by 0.7% in EU28

In July 2014 compared with June 2014, seasonally adjusted industrial production rose by 1.0% in the euro area (EA18) and by 0.7% in the EU28 , according to estimates from Eurostat, the statistical office of the European Union.

Sibiu-Deva highway to open on November 15 at the latest

Premier Victor Ponta stated on Friday in Sibiu that he has talked with the representatives of the company that is building section III of the Sibiu-Orastie highway and that they confirmed that they will respect the deadline so that “ on November 15 at the latest there will be uninterrupted traffic between Sibiu and Deva.”

Exports peak in July with EUR 4.8 billion

Romania exported a record EUR4.8 billion worth of products in July, but the trade deficit for the first seven months was still wider than in the same period a year before, the country’s statistics institute INS said Tuesday.

Holcim completes EUR 6 mln waste co-processing platform expansion in Romania

Construction materials producer Holcim has completed the expansion of the waste co-processing platform in Campulung, in Arges county, following an investment of over EUR 6 million, co-founded by the EU, reports local Wall-street.ro

Symmetrica invests EUR 1.5 mln in new production line for its factory in Bistrita-Nasaud

Romanian pavers and vibropressed borders manufacturer Symmetrica will invest EUR 1.5 million for expanding its plant in Sintereag, Bistrita-Nasaud county, for a new production line.

Flanco rents 5,000 sqm in H. Essers logistics center near Bucharest

IT retailer Flanco rented a surface of 5,000 square meters in the H. Essers logistics center near Bucharest, in order to cut down on the time wasted for supplying its stores. Flanco will save 24 hours on supply, the company announced.

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