The Coronavirus epidemic is undoubtedly a real hard cost for businesses. The uncertainty surrounding this crisis is prompting companies to find sources of savings to reduce their costs.
Rent and office management are the second largest expense item for companies after salaries. It is therefore relevant to ask the question of how to reduce the cost of your premises as much as possible and/or match the current needs of space with the current working constraints.
The Continental technology company increases its production capacity by purchasing a new building located in the Freidorf Industrial Park in Timișoara and at the same time expanding its office space, mostly dedicated to research and development.
WDP Romania is now EDGE certified for green buildings in 48 locations across the country, in a plan to proactively reduce the carbon footprint in the portfolio and improve the tenant experience.
Mercedes-Benz Romania announces the inauguration of a new Logistics Center in Dragomirești-Vale. The new center started its operations in October 2020 and was designed to serve all authorized service centers in Romania.
River Development, the developer of the integrated project Sema Parc, leased to MAISON MORIES, the operator of artisanal bakeries "Pain Plaisir", an area of 1,000 square meters in one of its buildings in Sema Parc, for production.
CTP, the largest developer and operator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, announces the rapid progress of construction work started this year. In Romania, CTP aims to complete the construction of its new buildings with a total area of 300,000 m2 by the end of 2021 and the investments dedicated to these projects will reach 200 million euros.
Globalworth, the leading office investor in Central and Eastern Europe, has released its Annual Report and Audited Consolidated Financial Results for the year ended 31 December 2020. The company’s clear strategic approach to the COVID-19 business recovery process has resulted in balanced growth, with a net operating income increased by 6.5% to €157.3 million and a total combined portfolio value which remained effectively unchanged at €3.0 billion.
The German group REHAU has put on sale its two production units in Cluj (Apahida) and Bucharest (Tunari), as part of the relocation process of REHAU Romania offices in central locations and the construction of the new hub in Sibiu by the end of 2022, appointing the real estate consulting company Cushman & Wakefield Echinox to manage the sale process.
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