Belgian industrial and logistics developer WdP, one of the largest players in the Romanian market, buys the CTPark Cluj I logistics park from CTP Group, the largest developer and manager of Class A logistic and industrial spaces Romania.
Dunwell, the first and only brokerage agency in Romania, specializing exclusively in the real estate market, has completed a 20,000-square-meter transaction between Ursus Breweries, one of the leaders of the beer producers market in Romania and WDP, among the most important developers of parks logistics and semi-industrial activities in Romania.
DB Schenker, a global provider of transport and logistics services, announces the opening of a new 21,000 m2 logistics terminal in CTPark Bucharest West by the end of 2018.
The Austrian group Voestalpine bought the majority stake in Travertec Buzau, a subsidiary of German Rail.One, with a turnover of almost 10 million lei last year.
Continental Automotive Products, the Continental tire company in Timisoara, bought the former UMT industrial platform in Timisoara to optimize the logistics and storage costs.
Romania's industrial and logistics market will continue its upward trend last year and in 2018, according to Dunwell, the first and only brokerage agency in Romania specializing exclusively in the industrial segment of the real estate market.
The investment volume of investment in the office market could increase this year to 500 million euros, from 160 million euros in 2017, as 2018 is a year of turning in this segment, the projects underway for the next period including centers offices with an average surface area of more than 50,000 square meters, compared to an average of 20,000 sqm in those traded up to now, according to the report of the Colliers International real estate consultancy company.
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.
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