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Warehouse Market News

Business executives expect automation to increase workforce capacity by 27% over the next three years

Business executives expect automation solutions such as robotics, machine learning and natural language processing to increase workforce capacity by 27% over the next three years, shows the latest Deloitte Automation with Intelligence Survey, conducted on over 500 organisations in 26 countries worldwide, including Romania.

Coca Cola HBC and Mobexpert rented 5,000 sqm in the P3 Bucharest A1 logistics park

The investor and developer of logistics properties P3 has signed new lease agreements with two renowned companies: Coca-Cola HBC Romania and Mobexpert. The total area rented by the two companies in the P3 Bucharest A1 park is 5,000 square meters.

More Fortune Global 500 companies locating in CEE-6 will increase demand for commercial real estate

Now, Romania counts 105 companies out of the global top, while Poland or Czechia count 139 and 111 respectively.

Liberty Steel plans investments of 200 million euros in its Romanian factory in Galaţi

Liberty Steel intends to invest 400 million euros in the seven steel factories bought from ArcelorMittal, out of which half would go to the Galati factory, Bloomberg writes.

Reynaers Aluminum is budgeting new investments, including the opening of a new logistics center of about 3000 sqm

Reynaers Aluminum Romania, part of the European leader in the aluminum solutions segment for the construction sector, has an investment plan of about 1,400,000 euros for the next five years, aimed at local expansion and development.

The future is of buildings connected to the Internet

Connecting a building to the Internet to manage from security to parking systems, from ventilation to heating, has become a reality based on digital technologies.

Colliers International Appoints Andy Hay as New Head of EMEA Real Estate Management Services

Leading global commercial real estate services and investment management firm, Colliers International, announced the appointment of Andy Hay as its new Head of EMEA Real Estate Management Services (REMS) effective immediately.

CTP prepares the acquisition of Equest Logistic Center near Bucharest, a transaction of EUR 28 million

The real estate developer CTP, the largest owner of warehouses in Romania, intends to purchase the Equest Logistic Center park, located on the western outskirts of Bucharest, from the British Equest Balkan Properties fund at a price of about 28 million, according to Profit.ro estimates.

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