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Articles

Commercial real estate transactions in Romania, 21% up in the first half of the year

The volume of commercial real estate transactions in Romania increased by 21% in the first half of the year, compared to the same period in 2019, and Bucharest accounted for almost 90% of the total, with an estimated value of 410 million euros, a JLL study reveals.

The largest logistics terminal in Alba County will be built this year

The representatives of the public administration from Mirăslău commune, Alba, say that there are all the conditions for the construction and arrangement works of the largest logistics terminal in the county to start in Decea locality this autumn.

CBRE advises E van Wijk in the renewal of 10,400 sq m of industrial spaces in P3 Bucharest A1

The integrated transport and logistics services provider E van Wijk renewed its lease of approximately 10,400 sq m for the industrial park P3 Bucharest A1, located in the west of the capital city, at km 13 of the A1 Motorway.

Interbrands, part of Orbico Group, will start an extensive automation process in the rented space within P3 Bucharest A1

P3 Logistic Parks (“P3”) has signed a lease agreement with Interbrands Marketing & Distribution for 24,830 square meters of logistics and office space in the P3 Bucharest A1 park. Interbrands has been a customer of the park since 2006 and has decided to move to a larger warehouse that can accommodate Orbico Group's expansion for operations in Romania. On this occasion, Interbrands also begins the implementation of an extensive logistics automation project in the new warehouse.

Danfoss factory in Popești-Leordeni, put up for sale for 5 million euros

The Danish group Danfoss relocated its production from Popești-Leordeni to Poland, and the real estate assets from Popești-Leordeni were put up for sale at a price of about 5 million euros.

Romanian furniture retailer Mobilier1.ro rents 2,000 sq m space from Urbano Parks

Romanian real estate investment group Urbano Parks said on Tuesday it has leased out a 2,000 sq m warehouse space to local furniture retailer Mobilier1.ro.

CTP brings ambitious Business Development Manager in Transylvania to double its portfolio in the region

CTP is extending its business development team with Ms. Emilia Tepes joining the team. Emilia will take charge of CTP´s Transylvania business development activity.

Dentotal Protect inaugurated the new logistics center within Eli Park Chitila

Dentotal Protect has inaugurated a 2500 sq m warehouse in the new Eli Park Chitila location. The company has invested over 400,000 Euros in logistics.

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