ELI Parks, one of the most active developers on the logistics and industrial real estate market in Romania, has leased a 5,400 sqm space to the animal product distribution company Altius and its affiliate company PetMart, within ELI Park 4 Bucharest.
Real estate consultancy company iO Partners announces the successful closing of the sale of Expo Market Doraly to WDP. The iO Partners team advised the sellers – ARA Europe and the Romanian investor Gheorghe Iaciu, who founded Expo Market Doraly in 1993.
The industrial and logistics hubs developed by Transilvania Construcții serve top industries such as construction materials, automotive, food, IT or medical and pharmaceutical, according to statistics made internally by the company.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased 3,600 sqm of production space at CTPark Oradea Cargo Terminal, Romania’s pioneering industrial park featuring an air cargo terminal, to leading Asian EMS (Electronic Manufacturing Services) company Etron Technology. Etron Technology decided to expand their worldwide presence (China, Vietnam, Mexico, Singapore) by setting up a high-tech production plant in Europe at CTPark Oradea Cargo Terminal.
Yusen Logistics, a leading global logistics provider, has secured a lease agreement for a substantial area of 19,000 square meters within CTPark Bucharest, assisted by CBRE, the global and national leader in commercial real estate investment and services.
ELI Parks, one of the most active developers of logistics and industrial parks in the Romanian real estate market, announces the signing of a long-term lease agreement with Sika Romania, a manufacturer of construction products and solutions, addressed to the various phases of construction in residential structures, industrial and engineering. The agreement includes a logistics space within ELI Park 4 Bucharest.
Alpha Bank Romania SA and Alpha Bank SA, acting as coordinating banks together with BRD Groupe Société Générale SA and ING Bank Romania, have successfully arranged a syndicated loan facility totaling EUR 200,000,000 for CTPark Romania.
The developer Globalworth has announced that it is selling part of its logistics portfolio in Romania to CTP. The value of the transaction could exceed EUR 170 million. Globalworth has announced that it is selling five logistics parks, with ten facilities in Timișoara, Arad, Oradea and Pitesti that it owns 100 percent. The majority holdings in two other small projects in Bucharest are also sold.
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