Romania has reached a real estate investment volume of about 400 million Euros in the first half of the year, a quarter compared to Poland (1.5 billion Euros) and even farther than the Czech Republic (2 billion Euros).
Chinese group WH will acquire two Romanian companies producing and selling cold meats- Elit SRL and Vericom SRL - the value of the transaction is not published, Reuters reports.
Caroli Foods Group, a company active in packaged meat products, was taken over by Sigma Alimentos after the Mexican company bought 51 percent of Caroli's shares, adding to the 49 percent stake it already owned through Campofrio Food Group, according to a press release.
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.
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