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Warehouse Market News

Daimler to develop EUR 20 million logistics center near Bucharest

German company Daimler will develop a logistics platform in the Chitila area in northwestern Bucharest, according to sources in the market.

Bucharest is among the top cities with the most and youngest employees in the high tech industry

Bucharest has ranked as one of the most highly experienced cities in the high-tech industry, currently employing more than 70,000 employees, shows a deep-seated research into Europe, the Middle East and Africa region (EMEA) carried out by CBRE.

Land transactions in Bucharest reached 245 million euros last year

Developers and real estate investors registered last year, in Bucharest, acquisitions of land with a cumulative value of about 245 million euros, a new record of the last ten years.

Investment volumes in the CEE markets hit EUR 13.8bn in 2018

The real estate consultancy company Colliers International reveals in its latest CEE report, Outlook 2019: Climbing at the altitude, that we ascended to record volumes of EUR 13.8bn in the CEE region, up 5% year-on-year in 2018. For 2019, Colliers experts expect the Eurozone interest rates to be flat-lining at zero, thus keeping liquidity high, buyers interested and helping pricing to plateau. We foresee selective compression in capital city prime office yields.

Colliers International appoints Madalin Stanescu as investment expert in its industrial department

The Colliers International real estate consultancy expands its industrial team by co-opting Madalin Stanescu as Senior Project Manager. Mădălin has more than 12 years experience in the real estate and financial-banking market, both on managerial and sales departments.

CTP, new logistics and industrial developments within CTPark Piteşti

CTP, one of the largest logistics and industrial developers, recently completed a warehouse with a surface area of 20,000 square meters for the Arctic appliance manufacturer, and is due to complete the Opsan plant construction in the near future.

Ceetrus Romania, the real estate division of Auchan, buys Mociur platform within UCM Resita

Ceetrus Romania real estate developer has been named the winner of Mociur's biding at UCM Resita, currently in insolvency.

WDP invested 100 million euros in the last quarter of 2018, most of the projects being developed in Romania

Developer Warehouse & Distribution De Pauw (WDP) has secured in the last quarter of last year a new investment package worth about 100 million euros, mainly on the Romanian real estate market, from which he obtained 18.6 million euro from renting its logistics and industrial premises in 2018.

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