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Articles

Metro Cash & Carry Romania expands the capacity of the One Roof logistics center by 10,000 sqm

Metro Cash & Carry Romania announces the expansion of the capacity of the One Roof logistics center, in Ștefăneștii de Jos, by another 10,000 sqm. The One Roof extension aims to strengthen the storage capacity with ambient temperature and will also be provided by the WDP developer, with a delivery deadline this autumn.

The Romanian investment market closed the first quarter in 2021 with transactions worth 85 million euro

The volume is 42% lower than in the first three months of the pre-pandemic year, following similar trends to the CEE region

CTP enjoys strong Q1 2021: increases its CEE market share and records profit for the period of EUR 98 million

Dutch industrial developer is on course for 2021 expansion and development ambitions and 10 million m² GLA target by 2023

Cargus has invested 500,000 euros in a modern and easily adaptable warehouse in Buzau

Cargus, the most experienced courier company, active on the market for 30 years, has opened a standardized and modern warehouse in Buzau, following an investment of 500,000 euros.

The largest new demand on the industrial sector: Corteva Agriscience preleases 23,000 sqm in a built-to-suit warehouse

Corteva has pre-leased approximately 23,000 sq m of industrial space in a built-to-suit warehouse located in the north-east of Bucharest and developed by Lazar Real Estate, part of International Lazar group. The transaction was advised by CBRE.

Romanian real estate market exceeded all expectations in 2020

In 2020, the real estate market registered a 32% increase in investments, the largest transactions accumulated over 2020 mil. Eur, the office segment excepts more than 230.000 new sqm this year, the industrial sector achieved an increase of 60% of new leases compared to the previous year, and the residential section noted an increase of up to 20% in prices for luxury housing, according to the annual report of Crosspoint Real Estate.

Transaction on the industrial market in western Romania: Globalworth becomes the owner of IPW Arad and Oradea parks

In a transaction worth 18 million euros, two industrial parks located in western Romania add to the portfolio of logistics and industrial properties of Globalworth, the largest office owner in the country and one of the major players in the industrial space market. The acquisition was made from the giant's industrial development partner, Global Vision.

The industrial and logistics market continues its positive trend: 200,000 sq.m transacted in Q1 2021

The local industrial and logistic market started 2021 on a positive trend, the transactional volume in the first three months of the year reaching almost 200,000 square meters, double compared to the similar period of the previous year, according to the data analyzed by the real estate consulting company Cushman & Wakefield Echinox.

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