Immofinanz Group, one of the most important real estate investors and developers on the Romanian market and the largest office owner in Bucharest, announces the extension of the collaborations with Profi Rom Food.
P3 Logistic Parks, the specialist owner, developer and manager of European logistics properties, has agreed leases for 25,445 m2 of space at its Mszczonów park near Warsaw with Fiege Group, one of Europe’s largest supply chain contractors.
Goodman is developing a 24,930 sqm warehouse at the Pomeranian Logistics Centre (PLC) located near the Gdansk Deepwater Container Terminal (DCT) for a leading FMCG distributor.
In 2014, the real estate market activity was overall more intense compared to the previous year, a proof being the investment volume which reached approx. EUR 800 million in 2014.
The total property investment volume in Romania increased to approximately EUR 1 billion in 2014, marking the highest annual level since 2008, according to pundits. Office has been by far the best performing real estate sector but there is good news coming from retail, logistics and industrial and residential as well.
Elster Rometrics, part of German group Elster, has leased 7,000 sqm in the Timisoara Airport Park industrial park owned by Globalworth, according to Mediafax. Globalworth is investing EUR 5 million in the 7,000 sqm which will be delivered in the third quarter of 2015.
Logistics operator Logistics E van Wijk rented 16,147 sq. m in Prologis Park Bucharest A1, representing the second largest transaction signed in 3Q in CEE by the American company Prologis, the owner of the project, according to Mediafax.
Total leasing activity involving modern industrial and logistics space reached 89,000 sqm in the first six months of 2014 while the take-up amounted to 61,000 sqm, according to data from DTZ Echinox. Some 46 percent of this was registered in Bucharest (34,000 sqm transacted).
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