CTP invests EUR 3 million in order to refurbish its portfolio by replacing current illumination system with LED lights, over a total area exceeding 54,000 m2, including both interior and exterior spaces.
P3 Romania, one of the most important players on the logistics market in Romania, is expanding its team with new executives. The Pan-European investor, developer and manager P3 has appointed Cristina Pop as Head of Asset Management and Monica Andrei as Head of Property Management. A new membre of the team is also Roxana Buga appointed as Property Management Accountant.
International multi-modal transport company Karl Heinz Dietrich (KHD) bought with four million Euros a land of nearly 53,000 sqm in Otopeni from the plastic items manufacturing company Romtatay.
P3, a major investor and developer in the field of logistics real estate has recorded top performance in 2016 across all key parameters including new construction, leasing, vacancy rates and development pipeline.
Romanian real estate market will register in 2017 an ascending trend, the growth of the office and industrial segments being mainly influenced by the expansion of the outsourcing companies and of the manufacturers, attracted by the specialized labour market, the economic conditions and the fiscal facilities granted by the Romanian state.
(Re)Construct, the event organized by WALL-STREET.RO and dedicated to the real estate and construction market will take place between 6th and 7th of March, being hosted by the Sheraton Bucharest Hotel, starting 9 am.
In the first ten months of 2016, Romania exported clothing and accessories worth 2.41 billion Euros, up 1.2 percent from the same period of 2015, according to data released on Tuesday by the National Statistics Institute (INS).
ELGAN, the company owned by businessman Simon Roth, has sold logistics project located near Pitesti, rented by Dacia, to real estate fund Globalworth, which is controlled by Ioannis Papalekas, in a deal worth EUR 42.5 million.
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