Transilvania Construcţii, real estate development company controlled by Timofte family, plans to complete by November the fist building of an office project within Tetarom 1 industrial park in Cluj.
Windows manufacturer Qfort is developing an office building and a showroom near its factory owned in Pieleşti, Dolj county. The company’s total investment reaches EUR 4 million, the space hosting 300 employees.
P3, one of the leading pan-European logistics real estate owners, developers and asset managers, has reached the important milestone of 300,000 m² of built space at its P3 Bucharest park, the largest logistics park in Romania. Since its purchase of the park at the beginning of 2015, P3 has added a total of 85,000 m² of new space for existing and new clients.
The real estate development company Globalworth, founded and leaded by Ioannis Papalekas, has increased with nearly 55 pct. its portfolio value compared to 2014, reaching an estimated value of more than EUR 930 million in the end of last year, according to the company report published on London Stock.
P3 Logistic Parks, a leading pan-European logistics real estate owner, developer and asset manager, has started 2016 with almost 220,000 m2 of warehouse space under construction in four countries across Europe, already almost doubling its 2015 development total of 113,000 m2.
The hypermarket network Kaufland, the leader of the local market, will build its third logistics warehouse in Romania, in Moldova region, serving for the stores in Eastern Romania and those in the Republic of Moldova, a market where the company will enter starting 2018.
Real estate developer Zacaria Group enters the Romanian residential market with an investment of EUR 20 million in a project which includes 280 units situated in northern Bucharest.
P3, the specialist owner, developer and manager of European logistics property, is preparing to start construction of a third new warehouse at P3 Bucharest park.
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