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Immofinanz exits logistics market in Poland, Czech Republic; will focus on Romania, Germany, Russia

Immofinanz exits logistics market in Poland, Czech Republic; will focus on Romania, Germany, Russia

Austrian group Immofinanz, one of the largest property investors on the Romanian market, sold two logistics projects in Poland and the Czech Republic for EUR 33.2 million, and announced it will focus on developing such projects in Germany, Romania and Russia, the company’s representatives said.

Tibbett Logistics opens tenth warehouse in Romania

Tibbett Logistics opens tenth warehouse in Romania

Keswick Enterprises Group member company, Tibbett Logistics, announced on Friday that it has extended its logistics business in Romania with an unnamed leading European multi-national retailer to include the storage and distribution of non-food imports from Asia Pacific and European suppliers.

Ursus leases 9,300 sqm in Log Center Timisoara

Ursus leases 9,300 sqm in Log Center Timisoara

Immofinanz announced on Thursday that it has signed a five years lease for 9,300 square meters of logistic space with Ursus Breweries. The brewer will become a tenant of Log Center Timisoara, one of the biggest logistic properties in the Immofinanz portfolio.

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