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Warehouse Market News

P3 delivers state of the art logistics centre for Yusen Logistics

Global freight forwarding and logistics company Yusen Logistics cut the ribbon to open a new 20,000 sqm Build-To-Suit distribution facility developed by Pan-European real estate asset manager and developer PointPark Properties (P3) at its Prague D1 logistics park.

AT Real Estate launches the Sofino logistics park project in southeast of Moscow

AT Real Estate has started to build the Sofino logistics park, the largest Class A industrial and warehouse complex in the Moscow region. In total this new facility, located in the southeast of Moscow, comprises more than 840,000 sqm of space, with an investment cost of about $600 million.

Regio opened in Bolintin the first multifunctional centre for regional business development

Camion Logistic invested over 20 million lei in a "mall for trailers", situated at 23rd km on Bucharest-Pitesti highway, in the industrial area Bolintin Deal.

Saint-Gobain Glass Romania invests EUR 6 mln in 3rd local manufacturing facility

The Romanian division of French glass manufacturer Saint-Gobain, has invested EUR 6 million in a laminated glass production line in its factory in Calarasi, southern Romania. This takes the company’s total investment so far in Romania to EUR 176 million, said Jerome Lionet, GM of Saint-Gobain Glass Romania.

Industrial vacancy rates tighten capital city markets

Industrial vacancy rates for select capital city markets in Eastern Europe are beginning to trend downwards but the shift is yet to translate into any significant rental growth, according to recent research released by Colliers International.

Romania to take part in the Expo Real Munich property trade fair this October

The German-Romanian Chamber of Industry and Commerce (AHK Romania) will organize Romania’s exhibition stand at the Expo Real Munich property trade fair which will be held between October 7 and 9.

Romania reports steepest building construction drop in the EU this June

Building construction increased in four EU member states and dropped in six this June compared to the previous month, according to Eurostat, the statistical office of the European Union.

Real estate transactions number – 20% increase in seven months

The number of the real estate transactions has increased with almost 20% in the first seven months of this year compared to the same period of 2012, reaching 462,743, has announced the National Agency of Cadastre and Real Estate Publicity (ANCPI).

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