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Warehouse Market News

Saint-Gobain Glass Romania invests EUR 6 mln in 3rd local manufacturing facility

The Romanian division of French glass manufacturer Saint-Gobain, has invested EUR 6 million in a laminated glass production line in its factory in Calarasi, southern Romania. This takes the company’s total investment so far in Romania to EUR 176 million, said Jerome Lionet, GM of Saint-Gobain Glass Romania.

Industrial vacancy rates tighten capital city markets

Industrial vacancy rates for select capital city markets in Eastern Europe are beginning to trend downwards but the shift is yet to translate into any significant rental growth, according to recent research released by Colliers International.

Romania to take part in the Expo Real Munich property trade fair this October

The German-Romanian Chamber of Industry and Commerce (AHK Romania) will organize Romania’s exhibition stand at the Expo Real Munich property trade fair which will be held between October 7 and 9.

Romania reports steepest building construction drop in the EU this June

Building construction increased in four EU member states and dropped in six this June compared to the previous month, according to Eurostat, the statistical office of the European Union.

Real estate transactions number – 20% increase in seven months

The number of the real estate transactions has increased with almost 20% in the first seven months of this year compared to the same period of 2012, reaching 462,743, has announced the National Agency of Cadastre and Real Estate Publicity (ANCPI).

Appointments at Prologis CEE

Prologis, Inc., the leading global owner, operator and developer of industrial real estate, has announced four promotions within the Central and Eastern Europe region.

Colliers obtained LEED accreditation for the green certification of the existing buildings

Oana Adjudeanu, consultant within the property management department of Colliers International Romania, has obtained LEED Accredited Professional certificate on Existing Buildings Operations and Maintenance (LEED AP O+M).

Real estate investments value, 32% growth in H1

Total investment volume in Romania has increased with 32% to EUR 79 million in the first half of this year, compared to the similar period of previous year, according to the most recent report of CBRE Romania.

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