Artemis Real Estate inaugurated on June 06, 2017, 13:00, the completion of the Sânandrei Industrial Park infrastructure and the construction of the first 4,000 square metre building, offices and warehouse, a property that has already found its first tenants.
The real estate developers specialized on the segment of industrial and logistic properties will deliver by the end of the year in Romania projects on an area of 400,000 square metres.
Industrial properties developer CTP could receive from EBRD (European Bank for Reconstruction and Development) a loan of up to EUR 29.2 million to finance the new industrial buildings in construction within CTPark Bucharest West.
Deliveries of retail, logistic and office spaces stood at 956,000 square meters this year, up by 88 percent compared to 2015, marking the best year for the Romanian real estate market since 2008, a study by DTZ Echinox shows.
CTP, one of the largest investors in industrial and logistics spaces, will develop in the following years both through acquisitions and constructions in order to reach the target of one million square metres in Romania.
After leasing over 130,000 square meters in CTPark Bucharest West and secured the authorizations for the construction of two more buildings with a total surface area of 68,000 sqm, CTP has announced the start of construction works for the second phase of the construction.
Dutch CTP, one of the largest developers and owners of logistics spaces in Romania, plans to exceed the milestone of 1 million square metres logistics spaces in the following two years, which means to triple the current area locally.
Belgian real estate developer WDP will build a new factory in Braila, east of Romania, for the Japanese car parts producer Yazaki. The investment amounts to EUR 14 million, according to the developer’s Q1 financial report.
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