Both the development and take-up of industrial parks in Central Europe is continuing and slightly accelerating in comparison with last year, according to research from Cushman & Wakefield.
Kimball Electronics, a US company that supplies electronic components to the industrial, automotive and medical sectors, opened a factory at the Olympia industrial park in the town of Remetea Mare near Timisoara Airport.
Over 230,000 sqm of logistics and industrial space was leased in Romania in the first nine months of 2015, almost half of which was leased in capital Bucharest and the western city of Timisoara, according to data from real estate services firm JLL. Retail, car parts manufacturers and logistics operators were the most active players, said JLL representatives.
CTP and logistics company Quehenberger Logistics ROU SRL agreed a lease deal for the recently acquired CTPark Bucharest West (formerly Prologis park). CTP has concluded a deal whereby Quehenberger committed to lease warehouse space with total let-able area of 19,450 m², split in two buildings marked BUW 7 and BUW 8.
Industrial production prices for the total market (domestic and external) registered falls in September 2015, both compared to the previous month (0.3 percent) and year on year (2.8 percent), a report from the National Institute for Statistics shows.
United, full-service marketing agency, present in the market for 15 years, currently manages the communication and public relations account of P3 Logistic Parks in Romania, one of the most important investors, developers and logistics facilities managers in Europe, with an impressive portfolio of assets totalizing 3 million sq. m in nine countries and plots with urban permits which allow the development of more than 1.3 million sq. m of new spaces.
The fifth edition of "Machinery and Equipments for Constructions" Conference within the Campaign for the re-launching of the construction market in Romania took place in Bucharest on 22nd of October 2015. The theme of the edition was Financing constructions – innovative solutions for survival and economic development!
Auto parts manufacturers signed most of the pre-lease agreement in the last two years in the industrial sector, representing more than 60 pct of the total transactions, according to CBRE.
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