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Articles - transactions

Top 5 largest developers in Romania’s logistics sector

Romania’s logistics sector has come under the spotlight this year, after going down during the crisis years. It is now considered the second best investment sector, after the office market. Five developers control half of the total logistics spaces built in Romania.

Over 230,000 sqm of industrial space leased in Romania in first 9 months

Over 230,000 sqm of logistics and industrial space was leased in Romania in the first nine months of 2015, almost half of which was leased in capital Bucharest and the western city of Timisoara, according to data from real estate services firm JLL. Retail, car parts manufacturers and logistics operators were the most active players, said JLL representatives.

19,000 m² deal signed with Quehenberger logistics for CTPark Bucharest West

CTP and logistics company Quehenberger Logistics ROU SRL agreed a lease deal for the recently acquired CTPark Bucharest West (formerly Prologis park). CTP has concluded a deal whereby Quehenberger committed to lease warehouse space with total let-able area of 19,450 m², split in two buildings marked BUW 7 and BUW 8.

Immofinanz sells logistics portfolio to Blackstone

Immofinanz has signed a contract with Blackstone for the sale of its entire logistics portfolio. The transaction covers all 36 logistics standing investments with up to one million sqm of rentable space, which are located for the most part in Germany (24 properties) as well as in Hungary (5), Romania (3), Poland (2), Slovakia (1) and Russia (1).

Immofinanz to let a third of the first phase of LOG.IQ Bucharest

Immofinanz, one of the major real estate investors in Romania, announces pre-lease contracts in LOG.IQ Bucharest, the company’s newest logistic project in Mogosoaia.

Major changes in the top of the largest industrial real estate owners in Romania

The most spectacular entry in the top was the one of the Dutch company CTP. In the last half of year, the investor which studied the Romanian market for seven years became the largest logistic facilities owner in the country.

Romania is logistics investment hotspot, CBRE says

Interest in the industrial sector remained firm throughout the first 8 months in 2015, the Romanian investment market’s enthusiasm for warehouse and logistics properties resulting in a total investment volume of EUR 260.6 million, according to a CBRE analysis.

Prologis Park Bratislava Speculative Developments 50-Percent Preleased

Prologis, Inc., the global leader in industrial real estate, today announced four lease agreements totalling nearly 11,000 square metres in two speculative facilities at Prologis Park Bratislava.

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