At the end of 2019, Yale Europe Materials Handling launched the state-of-the-art expansion of its product range with the introduction of four new low-intensity forklifts. After studying current market trends, Yale discovered a demand for materials handling products that are designed to provide high levels of efficiency and productivity, but are only used for short periods at a time.
Czech logistics facilities developer CTP had last year revenues of EUR 21 millions from rents on the local market, namely 10 pct. of the total business of the group.
The law approving the construction categories which need fire protection permits, adopted by the Romanian government this summer, is forcing the manufacturers which are operating in warehouses constructed in the communist period to relocate to new spaces, outside cities, according to Laurenţiu Duică, associate director within Colliers International.
International investor and developer CTP, has successfully concluded the purchase of a portfolio of industrial real estate in Hungary. With this acquisition, CTP further increases its footprint in central Europe, with a Total Rentable Area exceeding 3,250,000 m² as of 1st January 2016.
In 2016, Eurobusiness Parc Oradea will be transformed to SC Agenția de Dezvoltare Locală (ADL) SA and will start the construction of industrial warehouses based on the solid requests received from the companies, has announced Delia Ungur, director of the city industrial parks.
On the industrial segment we assist to a growth, mainly in the production area, being a certitude that in 2014 Romania started to be preferred instead of Poland or Czech Republic, due to lower labour costs, qualified personnel and level of instruction.
Raiffeisen Capital Management is planning to offload its warehouse portfolio, according to British media outlets, which includes assets in Poland, France and Germany.
The real estate market re-entered on an ascending trend, more and more investors being interested in Romania. For the second half of the year, the consultants expect transactions exceeding EUR 800 million, as well as the return of the inactive investors on the market.
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