WDP kicked off its Investor Day in Romania by announcing an additional investment volume of around 75 million euros, amounting to some 130,000 m² in property, both through new development projects and through acquisitions for existing and new clients. On completion, this new investment package will bring the total property portfolio to around 450 million euros, with projected portfolio investment growth approaching 500 million euros (or 15% of the total WDP property portfolio) by late 2019.
The CTP real estate developer, Romania's largest industrial and logistics manager, has signed a lease agreeement for an area of 9,000 square meters with Ursus Breweries within its second project developed in Cluj - CTP Park Cluj II.
The most recent results of the FIC Business Sentiment Index (carried out in September 2018) brings some important insights on both workforce and fiscal related topics. Still there is a continued dichotomy between FIC members expecting higher revenues and business growth in the short-term but being concerned about the lack of infrastructure and stability of the regulatory framework. FIC maintains its position that, in due time, the lack of predictability and of investments will reduce the economy’s competitiveness and long-term growth potential.
Elis Pavaje, the leader of the pavement and curbs market in Romania, completed the takeover of the Fruhwald concrete prefabs plant in Vintu de Jos. The acquisition value exceeds EUR 1,000,000 and assumed the takeover of the production unit including employees.
The year 2018 will most likely attract at least the same volume of real estate transactions as the previous year, about one billion euros, Savills consultants believe.
Significant players on the chain of supply and sale of perishable products meet on Friday, September 28 at Romexpo at 13.00 at the TransCOOL FORUM - cold transport and storage, a related event within the rich TransLogistics EXPO agenda.
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 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.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
