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Warehouse Market News

DB Schenker announces the inauguration of a new cross-dock terminal in Cluj

DB Schenker, a leading logistics provider, announces the opening of a new cross-dock terminal at the beginning of 2022 in TRC Park Cluj.

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The decision not to invest in modernization is always an alternative, but the real costs of this decision are often overlooked. These costs must be included in any type of "business case" because the cost of "doing nothing" can easily exceed the cost of an automation project.

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The founders of Element Industrial and Superbet are teaming up to develop the ELI Parks network

Sacha Dragic, the founder of Superbet, and Ionuţ Dumitrescu, the founder of Element Industrial, will sign a partnership for the development of the ELI Parks logistics park network. Anca Damour is also involved in the project, having 19 years of experience in the real estate and retail area. The association is subject to the authorization of the Competition Council.

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WDP has ongoing investments of 102 million euros in Romania

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.

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The real estate investment market in Romania totaled approximately 570 million euros

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.

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CTP portfolio update: Accelerated yield compression expected for the end of 2021 after Q3 evaluations

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.

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CBRE with new Head of Industrial & Logistics in CEE region

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.

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CTP acquired another 153,000 sqm of industrial spaces from Olympian Parks

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.

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