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Articles - transactions

Profi rents 2,500 sqm in VGP Park Timisoara

Local retail Profi has rented 2,500 sqm for a new warehouse in a temperature controlled facility in the VGP logistics park in Timisoara, western Romania, according to Mediafax newswire.

Elefant.ro online bookstore moves to new warehouse

Elefant.ro online bookstore relocated to a new warehouse spanning over 3,000 square meters, which the company claims is the largest book warehouse in Romania.

Leoni rented 7,000 sq. m in Log Center Arad

The producer of cables for the auto industry Leoni Wiring Systems, part of the German group Leoni, will occupy nearly a quarter (7,000 sq. m) of the industrial park resulted from the reconfiguration by Immofinanz of the commercial centre Armonia Arad.

Current industrial hubs stock in Romania, estimated at 1.8 million sq. m

Current industrial hubs stock in and near Bucharest is estimated at approx. 1 million sq. m, while the level of the entire country reached 1.8 million sq. m, according to the study made by Jones Lang LaSalle (JLL).

Globalworth ventures outside the Capital: invests EUR 35 mln in logistics park in Timisoara

Globalworth, real estate investment company founded by Greek businessman Ioannis Papalekas, bought logistics complex Timisoara Airport Park for EUR 18 million from Invest4SEE.

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.

Siemens finalizes Romanian software producer takeover

Siemens Romania has finalized the takeover of software producer LMS România SRL Braşov, which will be re-branded as Siemens Industry Software.

Advent sells Ceramica Iasi for more than EUR 10 M

Advent sells their 84.88 per cent of the shares owned at Ceramica Iasi, producer of ceramic blocks and tiles bought in 2007 for more than EUR 35 million to an investment fund registered in Hong Kong, Brikston Cooperatief, according to a report of Ceramica Iasi regarding changes in the indirect control, sent to Bucharest Stock Exchange on Monday.

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