GF Automotive, a division of the Swiss group, Georg Fischer (GF), has reached an agreement to buy Eucasting Ro, specializing in casting light non-ferrous metals, with factories in Pitesti and Scorniceşti.
CTP, the leading premium industrial parks developer and long term manager in Romania and Central and Eastern Europe, invests approximately EUR 18 million in the purchase of two properties in Ineu and Salonta from the Slovak-based company IPECGroup. Together, the properties comprise a total land area of 119,000 m², and 37,000 m² GLA. CTP’s two new logistics parks are situated in key strategic locations from the Western part of Romania: Ineu, in Arad County - an important industrial centre and transportation hub in the region - and Salonta, situated in Bihor County, very close to the Hungarian border. The two properties are the basis of the new CTPark Ineu and CTPark Salonta, and are part of CTP’s long term vision to grow and, in the same time, to consolidate its position as the player with the most important logistics portfolio at national level.
The total value of real estate transactions in Romania reached 485 million Euros in the first half of this year, up 44% over the same period in 2016, according to the CEE Investment Market report by JLL.
The total value of real estate transactions in Romania exceeded 400 million Euros in the first half of this year, up 156% over the same period in 2016, according to a study released by Colliers International, also showing that the total volume of investments could reach 1 billion Euros this year.
Danish group DSV, one of the largest European companies on the transport-logistics sector, has signed the EUR 50 million lease for 90,000 sqm of warehouses near Bucharest with CTP, a group specializing in the industrial space construction, development and rental.
Vacancy rate of the industrial and logistics spaces in Bucharest is decreasing towards zero, while the request has increased with 40 pct. compared to the same period of last year.
French giant Veolia, the company which controls locally Apa Nova, Bucharest’s water and sewage provider, is currently negotiating the takeover of Frigotehnica, one of the largest production and assembly for frigorific installations in Romania, according to Ziarul Financiar.
Land market in Bucharest has reached in 2016 a new record in volume, as plots were transacted with a total area of 110 hectares, 144 pct. increase compared to 2015 and 3.5 pct. higher than the precedent record year for the market, 2007, when 106 hectares were sold.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
