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Warehouse Market News

WDP, 430 million euros of investments in 2022

Warehouses de Pauw (WDP), a real estate developer active in the logistics market, recorded in the first nine months of 2022 an investment volume of approximately 430 million euros (Q3 2022: 170 million euros), consisting of new projects and land, acquisitions of existing buildings, to which are added investments in the energy transition in addition to the strategic investment plan in the purchase of 10% of Catena shares.

The fourth Petra Pavaje factory was put into operation

Florea Grup put into operation the fourth precast concrete production unit, Petra Pavaje. The new factory is located in the immediate vicinity of the city of Roman, Neamț county.

GLOBALWORTH expands its industrial activity in Targu Mures

Globalworth Industrial, Globalworth’s logistics and industrial sub-brand, is expanding its portfolio by purchasing, together with Global Vision, an industrial and logistics project with a total land area of 37.9k square meters in Târgu Mureș.

Knauf Group to invest over 200 million euros in Romania

The Knauf Group, which includes Knauf Insulation Romania and Knauf Gips, two of the most important players on the construction materials market, announces the largest investment in the field in Romania in the last 5 years, worth over 200 million euros .

Promotions at Cushman & Wakefield Echinox: Bogdan Marcu becomes Partner Capital Markets and Dana Radoveneanu Head of Retail Agency

The Cushman & Wakefield Echinox real estate consultancy company announces new management promotions, by appointing Bogdan Marcu as Partner Capital Markets and Dana Radoveneanu as Head of Retail Agency.

During Q3, half of the entire year’s warehousing surfaces were transacted

Almost 50% of the warehousing surfaces for which lease contracts were signed in 2022 were transacted during July – September of this year. Daniel Cautiș, managing partner Dunwell, says that the growth in Q3 is significant: 312.285 sqm in just 3 months, while in the first 6 months of the year, 315.552 sqm were signed.

The Volume Of Real Estate Investment Could Reach €1.2 Bln In 2022, A Record Level After The 2008 Economic Crisis

Since the beginning of the year, the volume of transactions in commercial real estate assets with a value of €5 million or more totalled approximately €656 million, 16.5% higher compared to the same period in 2021, out of which €330 million represents the volume transacted in Q3. We see an increase of 28% compared to the previous quarter and 26.5% compared to the same quarter of last year.

CCC Group is expanding its logistics center in the WDP Ștefăneştii de Jos park

The CCC Group, the Polish footwear retailer, is expanding its logistics center in the WDP Ștefăneștii de Jos park to serve the online retailers epantofi.ro and Modivo. The new warehouse will become a regional center dedicated to Romania, Bulgaria and Greece, markets from which the group hopes to achieve 80 percent of its total revenues.
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