With over 630,000 sqm of modern industrial space delivered, the total stock in Romania exceeded 5.2 million sqm in 2020, which means more than double the stock compared to 5 years ago, according to a study released by real estate consulting firm Avison Young Romania.
CTP, CEE’s largest industrial property developer, enters a strategic partnership with Poland-based MDC² to develop full-service business parks throughout Poland. Construction in the first three locations will start in Q1 2021 and CTP will invest EUR 200 million during the first year of the project.
Energy efficiency is important for companies in many fields of activity: industrial production, distribution and logistics, construction, and real estate, etc. The performance of energy efficiency depends on the quality of the equipment used, but also on the ability to maintain them in good working order, and here digital technologies and sensors are helpful.
Romania’s commercial real estate investment volume ended 2020 with a volume of €588.5 million*, half versus 2019 but similar with 2015, a starting growth year, according to CBRE Romania Real Estate Market Outlook. For 2021, Romania remains on the radar of investors and the combination of limited supply and better than envisaged demand may trigger surprising movements in pricing.
Logistics and industrial spaces developer WDP has €116 million worth ongoing projects in Romania, according to data from the 2020 financial report issued by the company.
When I co-founded Spaceflow four years ago, PropTech (Property Technology) was just starting to get attention. Since then, the market has evolved massively. Back in 2016, we were lucky enough to be one of the first platforms for digitizing life in buildings.
South African Fortress Investment Fund, which owns 23% of NEPI-Rockcastle shares, is discussing with Dedeman and Element Industrial the takeover of an industrial park in the Chitila-Buftea area to acquire the ELI Park 1 logistics park in Chitila, according to real estate sources, quoted by ZF.
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