Real estate developers Globalworth and Global Vision are negotiating with the Belgian group WDP for the sale of three logistics parks they jointly own in Romania, according to sources in the market, a transaction that will represent the exit of Globalworth from the Romanian logistics market.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has acquired from Globalworth, the leading office investor in Central and Eastern Europe (CEE), an industrial portfolio of 270,000 sqm GLA and 30ha landbank in six key locations in Romania.
Real estate consultancy company iO Partners announces the successful closing of the sale of Expo Market Doraly to WDP. The iO Partners team advised the sellers – ARA Europe and the Romanian investor Gheorghe Iaciu, who founded Expo Market Doraly in 1993.
The developer Globalworth has announced that it is selling part of its logistics portfolio in Romania to CTP. The value of the transaction could exceed EUR 170 million. Globalworth has announced that it is selling five logistics parks, with ten facilities in Timișoara, Arad, Oradea and Pitesti that it owns 100 percent. The majority holdings in two other small projects in Bucharest are also sold.
VGP NV ("VGP", or “the Group”), a European provider of high-quality logistics and semi-industrial real estate, is pleased to announce the establishment of a new 50:50 Joint Venture named “Saga” with Areim, an independent fund manager and property owner headquartered in Stockholm.
The shareholders of Packeta Group, the parent company of the Czech tech-logistics company Zásilkovna, have agreed to sell a 100 percent stake in the Packeta Group to a consortium of CVC Capital Partners and Emma Capital: with capital support from R2G.
Leading construction firm Mantor General Contractor has joined forces with Engineering 2K S.p.A, a renowned industrial and logistics construction company, to create Mantor E2K, a collaborative venture aimed at revolutionizing the landscape of industrial and logistic construction in Romania.
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