Reff & Associates, the law firm representing Deloitte Legal global network in Romania, provided legal assistance to the Dutch financial holding Forum Serdika, owned by the British investment fund East Balkan Properties plc, in the sale of its industrial park Equest Logistic to CTP, the real estate developer and long-term manager of industrial and logistics parks in Romania and Central and Eastern Europe. The transaction was signed in March 2020 for a value of approximately EUR 30 million
GIC, Singapore’s sovereign wealth fund, has signed an agreement to acquire a pan-European logistics real estate portfolio (“Maximus”) from funds managed by affiliates of Apollo Global Management, a leading global alternative investment manager, for a net consideration of approx. €950 million.
The real estate consultancy company Colliers International Romania has been assigned to offer property management services for the first phase of the industrial park ELI Park 1, with a total area of 20,000 sqm.
CTP, the leading developer and manager of premium industrial parks in Romania and Central and Eastern Europe launches a new product for the local market - Premium Business Units. These multifunctional units combine office, production, storage and showroom space into one.
In one of the most important industrial & logistic land transactions in Romania year to date in 2019 Afin Holding acquired Aries Logistic Park in Turda, located near Cluj-Napoca, one of Romania’s most successful regional cities, for an undisclosed amount.
Transilvania Construcţii, Cluj-based company with over 60 years of experience in the real estate field, announces the expansion of the TRC Park Cluj logistics park, located in the Tetarom III area of Jucu-Herghelie, with over 40,000 square meters dedicated to the industrial and logistics sector.
Element Industrial announces the completion of the first phase at ELI PARK 1 Chitila. The warehouse, with an area of 20,000 sq.m, is rented to Turkish-based appliances producer, Arctic. The company has already begun its operations in the new logistic space.
Reynaers Aluminum Romania, part of the European leader in the aluminum solutions segment for the construction sector, has an investment plan of about 1,400,000 euros for the next five years, aimed at local expansion and development.
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