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Volkswagen chose Turkey for the new factory, to the detriment of Romania and Bulgaria

Volkswagen AG is preparing to make a major investment in Turkey as part of the expansion plan in Eastern Europe, chosing between the possible destinations for a new factory previously announced to be Romania, Bulgaria and Turkey.

Galeria Mall in Constanta reconverted to logistics center with an investment of 4 million euros

The company Bere Bauturi Bucuresti (BBB) bought the former shopping center Galeria Mall in Constanta to turn it into a logistics center for its beverage distribution activities.

The Bucharest metro will be extended to the Berceni area towards the ring road

Metrorex and the City Hall of Sector 4 Bucharest concluded a protocol for the extension of the Metro Line 2 in the Berceni area with a new above the ground station.

Developer P3 Logistic Parks has bought a 16 hectare plot for a new logistics park near Bucharest

P3 Logistic Parks, the investor and pan-European developer of logistics properties, acquired a 16 hectare plot of land in Dragomiresti Vale, in order to develop a new logistics park serving logistics activity on the northwestern outskirts of Bucharest.

Value of real estate transactions in Romania exceeded 4 billion euros over the past five years

On the local real estate market, revenue-generating property transactions worth more than 4 billion euros over the last five years have been signed, the most active buyers being South African investors, with a market share of 28%, followed by by Greek investors (14%), French (10%) and Romanians (7%), according to a study conducted by the real estate consultancy firm Cushman & Wakefield Echinox.

Cele mai importante tendințe din piața de certificări verzi în 2019

Anul următor va aduce o serie de schimbări importante pe piața imobiliară locală, 2019 putând fi considerat astfel ca un an de transformare, ținând cont de cele mai importante tendințe din segmentul certificărilor verzi.

CTP hits 5 million m2 milestone with its A-Class properties in CEE

CTP is proud to announce reaching the 5 million m2 lettable milestone this month. The company has developed a portfolio of strategically located business parks over the past 20 years located throughout central Europe with 95% occupancy, creating approximately 280 million EUR of rental income for 2018. The properties have over 415 tenants employing over 60.000 people in a variety of industries, manufacturing, R&D, logistics, distribution and ecommerce across 8 countries.

Romania competes with Bulgaria and Hungary for a new Skoda factory, an investment of 1 billion euros

Romania competes with Bulgaria and Hungary for a new Škoda plant, a greenfield investment of over 1 billion euros.

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