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Warehouse Market News

Approx. 28,500 sq. m Industrial Spaces Rented in 3Q in Romania

Approx. 28,500 sq. m industrial spaces were rented in 3Q 2013 in Romania according to a research conducted by Jones Lang LaSalle, AGERPRES informs.

Real Estate Transactions, Increasing in Romania

The number of the real estate transactions has increased with more than 87,000 in the first nine months of the year compared to the similar period of 2012, reaching 598,734.

Special Property Tax – 1.5% of the Construction Value

The special properties tax will be 1.5 % of the construction value, to be calculated, for the roads infrastructure, depending on the sidewalks and road signs, also being applied on gutters and pillars for telecommunication antennas.

Online retailer evoMag invested EUR 100,000 in new headquarters and showroom in Bucharest

Online IT&C retailer evoMag has invested EUR 100,000 into new headquarters and showroom as more than 10 percent of the sales registered by the online retailer actually take place in the showroom.

Romania 2013 Economic Growth Estimated to 2.2 pct

Romania will record 2.2 percent growth this year as compared to the previously-estimated 1.6 percent and its economy will expand next year by 2.1 percent as compared to the previous forecast of 2.2 percent, according to the autumn predictions made public by the European Commission on Tuesday.

edy Spedition puts Additional 10% of its Fleet on External Routes

Almost 40% of the 280 trucks fleet of the company edy Internaţional Spedition is currently running international transportation, the share increasing from 30% this summer and from 0 pct. at the beginning of the year, when the company only operated internal routes.

CBRE: Real Estate Transactions, Over 50% down in the First Nine Months

Romania and Ukraine are the only countries in CEE to register a decrease of the real estate transactions values in the first nine months of the year, with Russia and Poland being the main destinations in the region, according to CBRE, cited by Mediafax.

Romania will export 500,000 cattle to China

Romania will export over 500,000 Romanian Spotted Cattle to China in the following seven to ten years, bringing Romanian farmers over EUR 1 billion in revenues, Daniel Constantin, Minister of Agriculture, said Saturday at Indagra International Agriculture Fair hosted in Bucharest.

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