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Articles

Globalworth plans to develop 130,000 sqm office in Bucharest and 175,000 sqm industrial in Timisoara

Globalworth has reached at the end of the first semester of 2018 a portofolio of assets valued at EUR 1.2 billion in Romania and is planning new real estate investments in the country.

Swiss group Artemis, a new investment in the industrial park near Timisoara

Swiss Artemis Group announces a new investment in the extension of the Sânandrei Park, near Timisoara. The investment, over 5 million euros, targets a building of 7,500 square meters, located in the vicinity of the existing building.

An American company will produce auto lighting components in Timisoara

An important American company active in the field of auto parts production, Varroc Lighting Systems, entered Timisoara after signing a collaboration agreement with a well-known Romanian company in the field of lighting solutions for motor vehicles, ELBA.

The next ten years on the industrial and logistics market in Romania

Ten years ago, the financial crisis of particular severity brought countless countries into recession, including Romania. In the last decade, Romania's economy has undergone a number of changes, also marking significant progress, including in the real estate sector, whose prospects for the next 10 years offer an attractive risk / reward profile, according to the Colliers International real estate consultancy Romania.

CTP appointed Richard Wilkinson as the Group’s new Chief Financial Officer

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, announced the appointment of Mr. Richard Wilkinson as Chief Financial Officer (CFO) for the Group.

The modern stock of logistics and industrial space reached 3.4 million square meters by mid-2018

The Romanian logistics and industrial space market reached 3.4 million sqm at the end of the first semester in 2018, compared 3.05 million square meters reached in 2017, according to a study conducted by CBRE.

Dunwell completes over 13,000 square meters of transactions this summer

Dunwell, the first and only brokerage agency in Romania specializing exclusively in the industrial segment of the real estate market, completed this summer transactions totaling more than 13,000 square meters of logistics space located in Bucharest, Timisoara and other cities in the country.

EUR 50 million investment within the Eurobusiness I Industrial Park in Oradea

French concern Sogefi Suspensions SA will invest 50 million euros through Sogefi Suspensions Eastern Europe SRL, in the construction of an automotive production unit within the Eurobusiness I Industrial Park in Oradea.
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