Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Ema Iftimie as Managing Director for its real estate operations in Romania. Starting December 1st, Marian Popa will step down as the Managing Director and Ema Iftimie will assume this role, focusing on operational, business development and customer care.
CBRE launched its traditional end of quarter research snapshots of the local commercial real estate market, analysing the status of the investment, office, industrial & logistics and retail sectors.
CBRE launched „Manufacturing Report 2023” which shows that the production spaces are on an upward trend. According to CBRE data, in H1 2023, the requests for production spaces started to represent circa 25% of the transactional activity in Romania.
Cushman & Wakefield Echinox coordinated the BREEAM Excellent certification process for the 550,000 sq m logistics park portfolio in Romania and Hungary, owned by eMAG, one of the largest online retailers in Eastern Europe. The certification recognizes the sustainability performance of buildings by implementing energy efficiency and environmental impact reduction measures.
Elektrokontakt Romania (EKR), a subsidiary of ELEKTROKONTAKT GMBH, is the new tenant in Mureș City Logistics, the most modern industrial project in Mureș area. This milestone achieves a 100% occupancy rate for the strategically located facility developed by Globalworth and Global Vision, leading players in the real estate market in Romania andCentral and Eastern Europe (CEE).
Cargus, one of the leading courier companies in Romania, is pleased to announce the appointment of Mircea Andriescu as the Head of International Sales. This decision is in line with the company's strategy to expand its services in international markets and develop its client portfolio for both inbound (imports) and outbound (exports).
The real estate and construction sector attracted approximately €1.2 billion of foreign direct investments (FDI) in 2022, as the share of this economic activity in the overall FDI stock stood at 17.2% at the end of 2022, according to data from the National Bank of Romania analyzed by the Cushman & Wakefield Echinox real estate consultancy company.
P3 Logistic Parks (P3) has concluded lease transactions for over 107,000 sqm in the first half of 2023, with most of the demand coming from existing clients.
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