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Articles - land

Logicor purchased from Jumbo 4.6 hectares of land in the East of Bucharest

Logicor, a leading owner, manager and developer of logistics real estate in Europe, has recently acquired a 4.6-hectare plot of land from toy retailer Jumbo. This land, located on Pallady exit towads Autostrada Soarelui, was purchased in a deal brokered by real estate consultancy firm Colliers.

A new logistics park is announced in Pitesti: Element Industrial will expand its portfolio of logistics properties

Element Group recently made a strategic acquisition in the vicinity of the Bucharest-Pitesti highway, where the developer intends to build a new logistics park of class A, under the Element Industrial brand.

The land market doubled in 2018 in Romania

The total area traded in 2018 for office, commercial, residential or industrial space projects is approximately 140 ha, according to an analysis by CBRE.

Land transactions in Bucharest reached 245 million euros last year

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.

Continental buys a former industrial platform in Timisoara for expansion

Continental Automotive Products, the Continental tire company in Timisoara, bought the former UMT industrial platform in Timisoara to optimize the logistics and storage costs.

Bucharest, leader of Romania’s land transactions in 2017

The total value of land transactions for real estate projects, excluding the industrial segment, increased significantly last year compared to 2016, exceeding the threshold of EUR 350 million at national level, with approximately 70% of this value transacted in Bucharest, where land transactions for residential development accounted for more than half of the investment volume.

Real estate developer WDP buys 44 hectares of land near Bucharest

WarehouseDePauw (WDP), controlled by one of the richest Belgian families, buys 3 new plots of land in Ilfov County with more than 8 million euros, from the producer of Ro Star biscuits, according to Profit.ro.

Transactions Record Volume in 2016 for Bucharest Land Market

Land market in Bucharest has reached in 2016 a new record in volume, as plots were transacted with a total area of 110 hectares, 144 pct. increase compared to 2015 and 3.5 pct. higher than the precedent record year for the market, 2007, when 106 hectares were sold.

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