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Warehouse Market News

Policolor has completed the EUR 7 million factory in Western Bucharest

Policolor announces the completion of the construction of the new factory in the West of Bucharest, on Timisoara Boulevard, after an investment of 7 million euros, which includes the value of the land.

CTP invests about EUR 40 Million in the acquisition of A1 Bucharest Park

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, acquired A1 Bucharest Park during a transaction valued at approximately 40 million euro.

CTP Romania obtains EUR 82 Million Loan from BRD and Komerční banka, to sustain its investments

Romania and Central and Eastern Europe, closed a EUR 82 million credit facility with BRD-Groupe Société Générale and Komerční banka, a major Czech bank and member of the Société Générale international financial group. This is one of the biggest real estate finance transactions on the local market within the first half of 2019.

P3 begins construction of a multifunctional complex providing housing within P3 Bucharest A1 park

Developer P3 begins construction of a multifunctional complex in P3 Bucharest Park on A1, a premiere on the logistics market in Romania.

Robots could replace 20 million people working in industries, by 2030

Robots could replace 20 million people by 2030 globally, aggravating social and geographical inequalities, while at the same time being economic growth factors, according to a study by Oxford Economics.

How to cut down the operating costs of buildings?

Building Management System (BMS) is the neural network of intelligent buildings. These systems allow building owners and tenants to monitor, maintain and manage the mechanical, electrical and electromechanical functions within a property.

Marelvi Impex as first tenant at MLP Bucharest West

One of Romania’s largest distributor of household appliances and home electronics has leased 8,400 m2 of modern warehouse space at MLP Bucharest West. The finished space is slated for delivery to Marelvi Impex in June this year. JLL and Dunwell advised on the transaction.

CTP Agrees € 1.9 Billion Syndicated Financing Package in CEE’s Largest Real Estate Transaction of 2019

CTP and a consortium of three banking groups agreed on underwriting package of €1.9 billion for CTP’s Czech industrial portfolio, comprised of 200 buildings, covering 2.7 million m2 of premium industrial space. In the largest real estate transaction to date in Central and Eastern Europe, the 7-year loans provide for the refinancing of €1.6 billion of existing properties and extends €269 million in new financing for projects to be completed in the next 18 months.

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