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Warehouse Market News

RENAULT Romania announces an investment of 100 million euros for Dacia factory

Dacia, the largest company in Romania, is preparing new models, according to Christophe Dridi, general manager of Automobile Dacia and Groupe Renault Romania, who emphasized that from September 2020 will increase the production of the factory to 400,000 cars, by investing 100 million euros.

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Continental, an investment of 27 million euros

Continental, a technology company, has begun work to expand the existing office building. The building was designed for up to 1,700 seats, as well as a full test and validation area for products developed within the company.

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The real estate consultancy market in Romania, estimated at about 80 million euros

RE/MAX Romania estimates that the real estate market in Romania has reached about 80 million euros. At the same time, given the rise in European industry figures, which also influence local trends, along with steady growth signals in recent years, experts estimate that this segment has a doubling potential in about 5 years.

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Avon to sell its distribution center in Chiajna, near Bucharest

Cosmetics manufacturer Avon Romania has put up for sale the distribution center in Chiajna with the intention of renting back the property for 10 years.

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Retailer eMAG sells the warehouse near Bucharest

The eMAG retailer, owned by the South African group Naspers and businessman Iulian Stanciu, sells the 120,000 square meter warehouse near Joita commune, barely open at the end of last year, and presented as the largest warehouse in Southeast Europe.

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Premiere on the Romanian market: PepperEscu, the first robot working in a real estate company

CBRE has attracted its first humanoid robot from a real estate company in Romania, PepperEscu, starting May. CBRE aims to use the robot's technological abilities to create synergy between people as end-users of real estate, be it office workers or visitors to a shopping center.

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Cluj-Napoca, the city with the most expensive land for industrial development in Romania

Cluj-Napoca became the city with the most expensive land for industrial development in Romania, the prices here, in places of maximum interest, being almost twice as high as those required for a location in Bucharest, shows a study of Dunwell real estate consultant company, specialized in the Industrial sector.

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Romania is the fifth most attractive manufacturing market in Europe

Romania is the fifth most attractive manufacturing market in Europe and was ranked 12th globally, according to the Manufacturing Risk Index 2019 study, conducted by the Cushman & Wakefield real estate consultancy company.

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