The office space segment was the star of first quarter of the year, with about 110,000 square meters traded, according to a recent analysis of the real estate market activity in the first quarter of the year, on the segments of office space, retail space and industrial and logistics space, conducted by CBRE.
Globalworth, the leader of the office market in Romania and Poland, launches the Global Logistics brand, which will incorporate all its logistics assets as part of its strategy to strengthen its position on this rapidly growing segment, and announces the launch of a logistics project in Chitila (Ilfov), with an area of approximately 77,000 square meters, following an investment of 35.5 million euros, which will be built in partnership with Global Vision.
CTPark Sibiu II takes shape, the first A Class warehouse is already up and ready to receive its first tenants in about two months. The property is located 4 km from the center of Sibiu, in the western industrial area, on the administrative territory of Cristian commune and near the airport, with easy access to the A1 motorway.
Natuzzi, Italy's largest furniture maker, will relocate starting this month, part of Italy's production at the Romanian factory, a move aimed at lowering labor costs and improving profitability.
CTP, a major logistics and industrial parks developer and administrator has exceeded one million sq m of leasable area of industrial and logistics projects in Romania and continues to expand.
The industrial sector could attract up to 750,000 sq m of logistics projects by the end of this year, and Romania could establish a new record, Dunwell estimates.
The first private industrial park in northwest Romania is entering a new stage of development, with an investment amounting to 12 million euros, made by Adriana and Stefan Cristea, the owners of Arc Industrial Park.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
