NEPI Rockcastle, the largest investor, developer and owner of shopping centers in Central and Eastern Europe, sold the company Otopeni Warehouse and Logistics SRL to River Property in January 2024.
CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), is strengthening its Romanian team with the appointment of Andrei Brinzea as Business Development Director.
It was with great pleasure that we collaborated with the DepozitInfo.ro team over the last few years, when the professionalism, flexibility and high quality of the services offered by you confirmed to us that the choice made was the best. Our appreciation is deep for the dedication and effort put in, aspects that significantly contributed to increasing the visibility of our company in the market.
The direct interaction with potential customers and the effective promotion services offered by DepozitInfo.ro were key elements in our development. The collaboration with this platform opened up new opportunities for us and allowed us to sign valuable contracts, strengthening our presence on the market.
Thank you for your constant support and the positive experience we had working together. We are confident in the value you bring to your partners and hope to continue this successful partnership in the long term. I confidently recommend DepozitInfo.ro services to all those looking for efficiency and professionalism.
The Romanian investment market recorded transactions of around 476 million euros last year, down by more than half over 2022’s cycle high of 1.25 billion euros, according to the 2023 Annual Report released by Colliers.
Commenting on the results, Michael Slattery, Chief Executive Officer of Logicor, said: „2023 was a pivotal year for Logicor and we have reported an excellent set of operating and financial results."
Nunner Logistics, an international provider of logistics services headquartered in The Netherlands, has recently signed a 5,000 sqm lease at VLParks Bucharest West, part of the Villar International Group.
Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices in commodities and, first and foremost, the interest rate environment and accessibility of credit, they are currently under strain. And things are unlikely to get any better in 2024, according to a survey by Coface.
Real estate investment transactions amounting to more than €600 million are currently in advanced stages of negotiation, as the volume registered throughout 2023 could be matched in the first half of this year, according to data from the Cushman & Wakefield Echinox real estate consultancy company. Ongoing negotiations target office buildings (30% of the value above), retail projects (30%) and logistics parks (40%), with around half of the assets being located in Bucharest.
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.
