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P3 Starts New Warehouse Development Within P3 Bucharest Park

P3, one of the most important investors and developers of logistics properties in Romania, has recently announced the beginning of works for its new warehouse within P3 Bucharest Park.

Penny Market Completed Its First Logistics Center in Moldova Area

German retailer Penny Market, operated by REWE group, invested EUR 19 million in the first logistics warehouse in Moldova, owned by a food retailer. The warehouse has 19,000 square metres and provides services for 45 Penny Market supermarkets in Romania.

Logistics and industrial space deliveries to hit post crisis high in 2017, says Colliers International

Some 500,000 sqm of logistics and industrial space are forecast to be delivered this year in Romania which will mark the highest post-crisis level, according to real estate consultancy Colliers International. About 80 percent of this will be delivered in Bucharest alone, but there is growing interest for regional cities as well.

Producer Final Distribution from Prahova invested EUR 350,000 in a warehouse

Dan Mircescu, the businessman controlling the roof systems producer and importer Final Distribution from Băicoi (Prahova county), says the company’s business increased with more than 10 pct. in the first nine months of this year, but the market is still volatile.