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Articles

Logicor expands Bucharest II Logistics Park with an additional 21,200 sqm of prime warehouse space

Logicor, a leading owner and manager of logistics real estate in Europe, has completed the development of c.21,200 sqm prime warehouse space in the Logicor Bucharest II, 10 km northeast of Bucharest city centre.

Cargus is the first resident of CTPark Oradea Cargo Terminal

CTP, the largest listed developer and manager of industrial and logistics spaces in Continental Europe, is expanding its collaboration with Cargus, one of the largest courier companies in Romania, in CTPark Oradea Cargo Terminal. The courier company, already present in the CTP portfolio, is the first to sign a lease contract, for an area of 3,400 sq m, in the only industrial park in Romania that with air cargo terminal.

WDP, 430 million euros of investments in 2022

Warehouses de Pauw (WDP), a real estate developer active in the logistics market, recorded in the first nine months of 2022 an investment volume of approximately 430 million euros (Q3 2022: 170 million euros), consisting of new projects and land, acquisitions of existing buildings, to which are added investments in the energy transition in addition to the strategic investment plan in the purchase of 10% of Catena shares.

The fourth Petra Pavaje factory was put into operation

Florea Grup put into operation the fourth precast concrete production unit, Petra Pavaje. The new factory is located in the immediate vicinity of the city of Roman, Neamț county.

GLOBALWORTH expands its industrial activity in Targu Mures

Globalworth Industrial, Globalworth’s logistics and industrial sub-brand, is expanding its portfolio by purchasing, together with Global Vision, an industrial and logistics project with a total land area of 37.9k square meters in Târgu Mureș.

Knauf Group to invest over 200 million euros in Romania

The Knauf Group, which includes Knauf Insulation Romania and Knauf Gips, two of the most important players on the construction materials market, announces the largest investment in the field in Romania in the last 5 years, worth over 200 million euros .

Promotions at Cushman & Wakefield Echinox: Bogdan Marcu becomes Partner Capital Markets and Dana Radoveneanu Head of Retail Agency

The Cushman & Wakefield Echinox real estate consultancy company announces new management promotions, by appointing Bogdan Marcu as Partner Capital Markets and Dana Radoveneanu as Head of Retail Agency.

During Q3, half of the entire year’s warehousing surfaces were transacted

Almost 50% of the warehousing surfaces for which lease contracts were signed in 2022 were transacted during July – September of this year. Daniel Cautiș, managing partner Dunwell, says that the growth in Q3 is significant: 312.285 sqm in just 3 months, while in the first 6 months of the year, 315.552 sqm were signed.
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