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Articles

Spectacular Growth of Industrial and Logistic Facilities Transactions

The area of the industrial and logistic facilities transacted in 2013 totalized 150,000-170,000 sq. m, with a spectacular growth compared to the previous year, the production companies being the most active, has declared for Mediafax Marian Orzu, the head of the industrial department within CBRE.

Europharm Distributie opens Chitila Logistics Center

Europharm, the distribution arm of UK drug company GlaxoSmithKline (GSK), has integrated its operations by opening a new logistics platform in Chitila, near Bucharest, in a move designed to streamline sales of drugs.

Vinci-Strabag-Akor Association wins tender for construction works of Comarnic-Brasov

Prime Minister Victor Ponta on Thursday announced that the Vinci-Strabag-Akor Association was the winner of the tender for the construction works of the motorway segment Comarnic (southern Romania)-Brasov (central).

PM Ponta opened Orastie-Sibiu motorway section

Prime Minister Victor Ponta opened the 4th lot of the motorway stretch linking Orastie to Sibiu (central Romania), Agerpres reports. The lot located in Sibiu county is 16.610 kilometer long.

Lear Corporation rented 12,000 sq. m production and office spaces in Iasi

American producer Lear Corporation, one of the main worldwide suppliers of chairs and electric distribution system for automotive industry, rented a production facility and offices on 12,000 sq. m within Solo Industrial Park in Letcani near Iasi, announced CBRE, the transaction broker.

Zehetner, Immofinanz: Big Real Estate Investors Interested in Secondary Markets in Europe. Romania could attract them

Considering the positive macro-economic signals, as the latest market researches show, Romania could also attract the big investors, as they turned their attention towards secondary markets in Europe, said Eduard Zehetner, CEO Immofinanz, the largest real estate investor on the local real estate market.

Additional 60 km Highway to Open for Traffic in Romania

Three of the four segments of the Orăştie-Sibiu Highway will be opened for traffic in a few days. Romania is very close to reach the 600 km of highways milestone.

Prologis leases 15,000 sqm in Hungary

Prologis has signed three new lease agreements totalling 15,000 sqm at Prologis Park Budapest-Sziget, Hungary.

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