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Articles

Raben, two new warehouses delivered in Romania in 2017

For the Raben Group, 2017 has been marked by numerous investments in Europe. These include the two new warehouses in Romania, in Sibiu and Cluj, in the Transylvania region.

Romania, among the performers of the merger and acquisitions market in the region, with a market of over 3.24 billion euros

Romania recorded strong growth in mergers and acquisitions, with a 13% increase in transaction volume and 64% in value.

Ana Dumitrache joins CBRE Romania as Head of Investment Properties

CBRE real estate consultant has appointed Ana Dumitrache, who previously was part of the CTP team. She will lead, starting February, the company's investment department as Head of Investment Properties.

CTP continues its national and international expansion in 2018

CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, continues its expansion process, both nationally and internationally, throughout 2018. The company will finalize almost 70,000 m2 GLA located in the parks from Cluj-Napoca, Pitești and Timișoara. CTP also expanded its international portfolio, from 4.1 million m² of A-Class properties, to 4.5 million m² situated in more than 80 strategic locations.

P3 to deliver three new warehouses in Romania in 2018

2018 will bring new logistics units for P3 in Bucharest and in the western part of Romania.

WDP to reinforce its capital in Romania, aiming a Romanian property portfolio of 500 million euros by 2020

Building on its continued growth in Romania, WDP is reinforcing its capital in the Romanian entity, being a 51/49 joint venture partnership with Jeroen Biermans up until now. After the capital increase the ownership ratio of the shareholders will evolve towards an 80/20 ratio. This should facilitate the further portfolio growth towards 500 million euros.

The value of real estate transactions in 2017, about one billion euros in Romania

The volume of real estate investment in Romania in 2017 is estimated at around EUR 1 billion, almost 10% higher than in 2016 (EUR 890 million). The figure is 8% of the total in the Central and Eastern Europe region of 12.17 billion euros, according to the JLL.

Over 620,000 properties sold in Romania in 2017

The National Agency for Cadaster and Real Estate Advertising has announced that 627,802 properties have been sold in Romania last year.

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