This year, WDP invested 14 million euros in the acquisition of land in Romania, in Dragomireşti and Ştefăneştii de Jos, according to the company's financial report. Another investment is a 60,000 sq m plot of land, in Timişoara, an investment of 5 million euros, near the Sport Mechanical Workshop bicycle factory.
The real estate investment market in Romania totaled in the first 9 months of the year approximately 570 million euros, 29% less than in the same period last year, when the volume amounted to about 890 million euros, according to JLL Romania. In the third quarter, transactions totaling just over 260 million euros were closed.
CTP's external evaluator, C&W, updated its revenue-generating portfolio valuations for the third quarter of 2021. These valuations indicate the compression of material returns compared to the end of 2020.
CBRE consistently strengthens its industrial and logistics team. After launching omnichannel services in Romania, the time has come to support the company's operations throughout the CEE region and work with international tenants and manufacturing companies interested in growing in our region. To this end, Joanna Sinkiewicz joins CBRE, assuming the position of Head of Industrial & Logistics CEE.
CTP, the largest developer and administrator of class A logistics and industrial spaces in Romania, with a portfolio of approximately 1,850,000 sqm, has just acquired another 153,000 sqm of industrial spaces expanding its portfolio in Brasov, and enlarging its presence in Timisoara and the South of Bucharest, thus becoming present in 13 cities.
One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use, and office real estate in Romania, announces the acquisition of a historic building in Bucharest, with a purpose to transform it into a new high-class development called One Athénée.
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