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Warehouse Market News

Vamar extends 11,000 sqm lease at ALP

Vamar International renegotiated its lease at Airport Logistic Park (ALP) in Kněževes.

CNADNR: 100 kilometers of highway to be completed this year

The National Road Authority (CNADNR) estimates that 100 kilometers of highway will be completed this year at the most, according to Horia Nicolae, director for Projects.

Panattoni to develop 60,000 sqm of warehouse in Cheb

Panattoni and Accolade plan to develop 60,000 sqm of warehouse space in the Cheb industrial zone.

EY: Romania surpasses Hungary and becomes 3rd most attractive CEE market for foreign investors

Romania has surpassed Hungary as the third most attractive country to establish a business in central and Eastern Europe, according to a survey from Ernst & Young. Romania is still below Poland and the Czech Republic, but if it maintains its current rhythm of development, may reach 2nd spot in 2015, writes evz.ro.

Blackstone’s Logicor buys Polish industrial from Standard Life

Logicor, Blackstone’s Polish logistics arm, acquired a portfolio from Select Property Fund, owned by Standard Life Investments, in a deal reportedly worth €118.2m.

FrieslandCampina to close its cheese factory in Carei and to relocate its activity in Cluj district

FrieslandCampina will close its cheese factory in Carei and will focus its production in the factory from Baciu, Cluj district, where cutting and packaging operations will be relocated from the unit in Targu Mures, according to a press release of the company.

Pheonix Real Estate sold the logistics park in Clinceni, rented by Nestle, for EUR 12.6 million

Greece’s Phoenix Real Estate has completed the sale of Innovations logistics park near Bucharest to the investment company Secure Property Development & Investment, for EUR 12.6 million.

Continental to add 1,500 people to its roster over the next few months

Continental announced that it will be hiring 1,500 people over the next months, to fuel its production, research and development activities, according to Capital. ro

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