Carrefour extends the lease for a space of approximately 85,000 sqm in the P3 Bucharest A1 industrial park, in the west of Bucharest, this being one of the largest transactions in the local logistics market.
We all know the feeling. When the weather outside is terrible but we are able to observe it only as spectators, safe and comfortable inside. There is a Danish word for this feeling: “hygge.” It describes the quality of coziness from being warm in cold weather. It is associated with wellness and contentment—and occasionally used to sell thick wool socks and bearskin rugs. “Hygge” hit popular culture a few years ago but it’s not a trend that’s going away. It is a way of life and an aesthetic.
Real estate investors in Europe are increasingly targeting large cities and assets minimally disrupted by the health crisis which ensure stable incomes, such as logistics and residential, according to the Emerging Trends in Real Estate 2021 report produced by PwC and the Urban Land Institute.
Kassák Residence, a residential complex in Hungary, awaits its residents with a pioneering community mobile application, here the apartments also come with plenty of community services, of which this application is a part.
Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Marian V. Popa as Managing Director for Romania with effect from 1st March 2021. As Managing Director, Marian V. Popa will be responsible for managing the company’s activities in Romania, focusing on operational, administration and business development matters, and will report to Dimitris Raptis, CEO of Globalworth Group.
Real estate agencies traded over 650,000 sq m of storage space over the past year, all over Romania. The vast majority of contracts were for new agreements, a positive aspect for a rather atypical year from a commercial point of view, according to a Dunwell analysis.
The company P3, the third largest warehouse owner in Romania, intends to sell, with over 6 million euros, the land of about 16 hectares bought in Dragomirești Vale to build a logistics park of 80,000 square meters, according to sources from the real estate market cited by Profit.ro.
The Romanian mergers and acquisitions (M&A) market recorded91 transactions in 2020, compared to 110, in 2019. According to Deloitte estimations, the total market value, including the transactions with undisclosed values, was of 3.7-4.3 billion euros in 2020 (compared to 4-4.4 billion euros in 2019), while transactions with disclosed value totalled 1.5 billion euros (compared to 1.7 billion euros in 2019).
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
