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Warehouse Market News

CTP, new logistics and industrial developments within CTPark Piteşti

CTP, one of the largest logistics and industrial developers, recently completed a warehouse with a surface area of 20,000 square meters for the Arctic appliance manufacturer, and is due to complete the Opsan plant construction in the near future.

Ceetrus Romania, the real estate division of Auchan, buys Mociur platform within UCM Resita

Ceetrus Romania real estate developer has been named the winner of Mociur's biding at UCM Resita, currently in insolvency.

WDP invested 100 million euros in the last quarter of 2018, most of the projects being developed in Romania

Developer Warehouse & Distribution De Pauw (WDP) has secured in the last quarter of last year a new investment package worth about 100 million euros, mainly on the Romanian real estate market, from which he obtained 18.6 million euro from renting its logistics and industrial premises in 2018.

American Christopher Shonn joins Avison Young Bucharest

Christopher Shonn is the new Senior Adviser of the Capital Markets Division of Avison Young Bucharest, the local subsidiary of Canada's largest independent real estate broker.

Industrial and logistics space stock to exceed the 4 million square meter threshold in the first half of the year

The industrial and logistics market is crossing one of the best times in history, and in the first half of the year will reach the threshold of 4 million square meters, according to the representatives of JLL Romania.

PASTE BANEASA leases 5,000 sqm within ELI PARK 1

Pasta producer Baneasa, market leader in Romania and the Balkans, has leased 5,000 sq. m within ELI PARK 1, announces Element Industrial, the developer of the project.

Nestlé will close its factory in Timisoara in 2019

The Nestlé factory, which claimed one of the oldest large foreign investments in Timisoara, will be closed by the end of May, 2019.

One step ahead in the construction of Craiova-Pitesti Expressway

The Ministry of Transport published a draft Government decision to expropriate the buildings on the corridor of the future Expressway Craiova-Pitesti after the contracts for the design and execution of three lots of the project were signed.

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