P3, the pan-European property developer and investor, has named Daniel Cateliu as Leasing and Development Manager in Romania, having the responsibility to attract new tenants for P3 Bucharest A1, the largest logistics park in Romania, as well as for P3 Bucharest NW Ring Road, where P3 will build a new logistics park of 80,000 square meters in the near future.
The volume of transactions registered in 2018 is 940 million euros, a level similar to that seen in 2017, but 30% higher than the figure reported in 2016, according to an analysis by CBRE.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, is the first real-estate developer to reach a historical milestone: 1 million square meters of built area spread in 15 logistics and industrial parks throughout Bucharest and nine other cities, strategically located in Romania.
Bucharest has ranked as one of the most highly experienced cities in the high-tech industry, currently employing more than 70,000 employees, shows a deep-seated research into Europe, the Middle East and Africa region (EMEA) carried out by CBRE.
Developers and real estate investors registered last year, in Bucharest, acquisitions of land with a cumulative value of about 245 million euros, a new record of the last ten years.
The real estate consultancy company Colliers International reveals in its latest CEE report, Outlook 2019: Climbing at the altitude, that we ascended to record volumes of EUR 13.8bn in the CEE region, up 5% year-on-year in 2018. For 2019, Colliers experts expect the Eurozone interest rates to be flat-lining at zero, thus keeping liquidity high, buyers interested and helping pricing to plateau. We foresee selective compression in capital city prime office yields.
The Colliers International real estate consultancy expands its industrial team by co-opting Madalin Stanescu as Senior Project Manager. Mădălin has more than 12 years experience in the real estate and financial-banking market, both on managerial and sales departments.
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