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Articles

The investment market increased by 37% last year, but may see a dip in 2021 as some uncertainties remain on the horizon

The “year of the pandemic'' turned out to be one of the peaks of the current economic cycle in terms of investments in commercial real estate assets, with a growth of 37% over 2019, to almost 900 million euro. 2021 may see a dip, as some buyers may remain on the sidelines amid a lack of clarity about the future revenue stream, according to the 2021 annual report released by Colliers.

Alexandru Cristea, appointed CEE Managing Partner of ONLINE REAL ASSETS

ONLINE REAL ASSETS - The Proptech real estate expert announced today that it has appointed Alexandru Cristea the CEE Managing Partner.

XXXLutz rented 6,000 sqm in the WDP Dragomireşti logistics park

XXXLutz has rented 6.000 sqm in WDP’s A-class warehouse in Dragomiresti, North-West of Bucharest’s RingRoad, space that will optimise the supply of its stores XXXLutz Militari and Pallady, transaction brokered by Dunwell.

Elko Romania to lease 1,800 sqm of warehouse fwithin CTPark Bucharest

ELKO Romania, part of the international group Elko, has relocated its activity in CTPark Bucharest, where they leased an warehouse of 1,800 sqm.

The 3 best practices for keeping your property data in good shape

Since property asset managers deal with several types of property data and data entries on a regular basis, compromised data quality – whether it’s obsolete, incomplete, inaccurate, or contains errors – is a common issue.

Forbes Romania: Largest logistics and industrial development companies in Romania in 2020

At the beginning of 2021, Forbes Romania magazine realized the top of the largest logistics and industrial development companies in Romania in 2020, with the help of the real estate consulting company Dunwell, specialized in this market segment.

Chief financial officers in Romania are more optimistic than in 2020, but continue to focus on cost reductions

Chief financial officers in Romania are more optimistic than six months ago regarding the evolution of their companies’ main financial indicators, according to the latest edition of Deloitte CFO Survey Romania, conducted based on opinions expressed by over 100 CFOs in our country. Although half of the respondents show optimism, cost reductions continue to be the next 12 months’ priority for 37% of them, down from 58%, at the beginning of the pandemic. The ranked second priority is organic growth of business (up from 13% to 18%), followed by digitalization (11%), as work from home and internal process automation have become crucial in most of the fields.

Maracana rents 5,000 sqm of logistics space within MLP Bucharest West

Maracana, one of the leading European logistics companies is now a tenant at MLP Bucharest West. In January 2021, Maracana signed a contract with MLP Group to lease more than 5,000 m2 of modern warehouse space. MLP Group was assisted in completing the transaction by JLL, a real estate services company responsible for commercialising the entire project in Romania.

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