The developers of industrial and logistics spaces completed last year new projects with an area of about 600,000 square meters, thus maintaining the investment plan announced at the beginning of the year, despite the COVID-19 crisis.
Carrefour extends the lease for a space of approximately 85,000 sqm in the P3 Bucharest A1 industrial park, in the west of Bucharest, this being one of the largest transactions in the local logistics market.
We all know the feeling. When the weather outside is terrible but we are able to observe it only as spectators, safe and comfortable inside. There is a Danish word for this feeling: “hygge.” It describes the quality of coziness from being warm in cold weather. It is associated with wellness and contentment—and occasionally used to sell thick wool socks and bearskin rugs. “Hygge” hit popular culture a few years ago but it’s not a trend that’s going away. It is a way of life and an aesthetic.
Real estate investors in Europe are increasingly targeting large cities and assets minimally disrupted by the health crisis which ensure stable incomes, such as logistics and residential, according to the Emerging Trends in Real Estate 2021 report produced by PwC and the Urban Land Institute.
Kassák Residence, a residential complex in Hungary, awaits its residents with a pioneering community mobile application, here the apartments also come with plenty of community services, of which this application is a part.
Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Marian V. Popa as Managing Director for Romania with effect from 1st March 2021. As Managing Director, Marian V. Popa will be responsible for managing the company’s activities in Romania, focusing on operational, administration and business development matters, and will report to Dimitris Raptis, CEO of Globalworth Group.
Real estate agencies traded over 650,000 sq m of storage space over the past year, all over Romania. The vast majority of contracts were for new agreements, a positive aspect for a rather atypical year from a commercial point of view, according to a Dunwell analysis.
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