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Warehouse Market News

Industrial Market: the Effects of the Real Estate Spec Disappearance

The players on the industrial real estate market applied this year a safety policy, and the number of the speculative constructions was insignificant.

Tetapolis Scientific and Technological Park received the operating permit

The president of the Local Council Cluj, Horea Uioreanu, received the operating permit for the scientific and technological park “Tetapolis”, a press release shows.

INS: New orders in industry, up by 7.9 pc in first nine months

The new orders in industry grew overall (domestic and external markets) by 7.9 percent in the first nine months of this year as against the same period in 2012, in September they taking an advance by 17.3 percent from August and by 2.9 percent when reported to the corresponding month last year, according to data provided by the National Institute of Statistics (INS).

Approx. 28,500 sq. m Industrial Spaces Rented in 3Q in Romania

Approx. 28,500 sq. m industrial spaces were rented in 3Q 2013 in Romania according to a research conducted by Jones Lang LaSalle, AGERPRES informs.

Real Estate Transactions, Increasing in Romania

The number of the real estate transactions has increased with more than 87,000 in the first nine months of the year compared to the similar period of 2012, reaching 598,734.

Special Property Tax – 1.5% of the Construction Value

The special properties tax will be 1.5 % of the construction value, to be calculated, for the roads infrastructure, depending on the sidewalks and road signs, also being applied on gutters and pillars for telecommunication antennas.

Online retailer evoMag invested EUR 100,000 in new headquarters and showroom in Bucharest

Online IT&C retailer evoMag has invested EUR 100,000 into new headquarters and showroom as more than 10 percent of the sales registered by the online retailer actually take place in the showroom.

Romania 2013 Economic Growth Estimated to 2.2 pct

Romania will record 2.2 percent growth this year as compared to the previously-estimated 1.6 percent and its economy will expand next year by 2.1 percent as compared to the previous forecast of 2.2 percent, according to the autumn predictions made public by the European Commission on Tuesday.

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