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Warehouse Market News

Hines acquires two more logistics facilities in Poland

The Warsaw office of Hines, the international real estate firm, has announced that the firm’s Hines Russia & Poland Fund (HRPF) has purchased two logistics facilities from TMW Pramerica Property Investment GmbH.

Brasov - Comarnic highway project is modifying the route, but will not be postponed

The general manager of CNADNR, Narcis Neaga, has denied the information according to which the bid for the construction of the segment of the highway Brasov - Comarnic would be postponed due to route’s modification.

Fitch affirms Romania at ‘BBB-’, outlook stable

Rating agency analysts expect the government to meet its medium term objective of a structural deficit of 1 per cent of GDP in 2014.

Tax evasion in Romania reached 13.8 percent of GDP in 2012

The Fiscal Council, the independent fiscal think tank, estimates that tax evasion in Romania stood at 13.8 percent of GDP last year, down from a record high of 15 percent in 2010, amounting to roughly RON 81 billion (EUR 18 billion).

RON may lose ground against EUR, USD by yearend, says XTB

The Romanian currency may lose ground against the euro and the US dollar by yearend, despite the decreasing inflationary trend in the country, forecasts XTB, the brokerage.

P3 delivers state of the art logistics centre for Yusen Logistics

Global freight forwarding and logistics company Yusen Logistics cut the ribbon to open a new 20,000 sqm Build-To-Suit distribution facility developed by Pan-European real estate asset manager and developer PointPark Properties (P3) at its Prague D1 logistics park.

AT Real Estate launches the Sofino logistics park project in southeast of Moscow

AT Real Estate has started to build the Sofino logistics park, the largest Class A industrial and warehouse complex in the Moscow region. In total this new facility, located in the southeast of Moscow, comprises more than 840,000 sqm of space, with an investment cost of about $600 million.

Regio opened in Bolintin the first multifunctional centre for regional business development

Camion Logistic invested over 20 million lei in a "mall for trailers", situated at 23rd km on Bucharest-Pitesti highway, in the industrial area Bolintin Deal.
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