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Warehouse Market News

PIC hypermarkets in Craiova, Calarasi, Braila put up for sale again

The former PIC hypermarkets in Craiova, Calarasi and Braila, as well as a plot of land in Blejoi, Prahova county, will be put up for sale again on April 25, by judicial administrator PricewaterhouseCoopers Business Recovery Services, at a total starting price of EUR 10.2 million.

Logistics Performance Index (LPI) Report: Romania climbs 14 positions

Romania ranks 40th out of 160 countries for logistics performance, according to a report published by the World Bank. The country climbs 14 spots after ranking 54th in the previous year.

Sova promises highways but terminates contract with Italian developers for Sibiu-Orastie lot

Dan Sova, minister of Transport, announced on Monday night that the contract with Impregilo for lot 3 of the Sibiu-Orastie highway will be terminated. According to the official, the contract will be terminated in the following week.

2014, the year of the developers’ comeback, says Colliers International Romania

The Romanian land market is steadily growing in activity, fueled on one hand by the development of new large scale projects and ‘potentially last minute discounted land plots available’, on the other hand, according to a recent market report published by Colliers International Romania.

JLL Romania: A new real estate cycle is beginning

After Romania experienced the end of a 10-year real estate cycle last year, a new one is about to start, thinks Attila Peli, the head of development & land at JLL Romania.

Sectorul construcţiilor a scăzut cu 3% din PIB în criză

Piaţa construcţiilor, un sector de 8-9 miliarde de euro anual, care ar fi trebuit să imprime pe timp de criză o creştere economiei româneşti, a ajuns să aibă o contribuţie în PIB de doar 7,9% anul trecut.

Buildings of Millions Euros: Immofinanz Revenues Are Growing

Immofinanz registered in the first nine months of the fiscal year 2013/2014 EUR 36.2 million revenues from renting the 17 projects in Romania, with a slight growth. The occupancy rate of the office buildings decreased in the analyzed period, while the vacancy rate of the malls has decreased.

American Superconductor partly relocates its manufacturing from China to Romania

The American Superconductor company will open a factory at Timisoara, where it will relocate part of the manufacturing of components for wind turbines from its current operations in China, Mediafax reports.

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