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Warehouse Market News

Eurostat: Romania, EU leader in March for Industrial Production Growth

Industrial production declined by 0.1% in the Euro area and stagnated in the European Union (EU 28) in March 2017 as compared to February 2017, but Romania recorded the highest monthly growth in industrial output in the 28 member states , according to data published on Friday by the European Statistical Office (Eurostat).

FM Logistic’s warehouse in Dragomiresti, 75 Percent Occupancy Rate

Cătălin Olteanu, the head of FM Logistic, one of the largest operators in the logistics and transport sector, says that 15,000 square meters of the 20,000 square meters of its Dragomiresti warehouse, an investment of EUR 20 million, are already booked by clients in cosmetics and pharmacy industry.

Foreign Companies Reduced Their Direct Investments In Romania In The First Quarter By 22%, To 1.07 Billion Euros

Foreign companies made direct investments in Romania worth 1.075 billion Euros in the first three months of this year, down by about 22% compared to January-March 2016, according to data published by the National Bank of Romania on Monday.

Real Estate Adviser: There Are Available Logistics Properties Which Are Not Listed

Vacancy rate of the industrial and logistics spaces in Bucharest is decreasing towards zero, while the request has increased with 40 pct. compared to the same period of last year.

Canada's Largest Independent Real Estate Broker Avison Young to Open Office in Bucharest

Avison Young, the largest independent real estate broker in Canada, has recently announced the opening of a new office in Bucharest, the first in Romania and its tenth in Europe.

French Giant Veolia, Apa Nova Shareholder, Negotiates the Takeover of Frigotehnica Bucharest

French giant Veolia, the company which controls locally Apa Nova, Bucharest’s water and sewage provider, is currently negotiating the takeover of Frigotehnica, one of the largest production and assembly for frigorific installations in Romania, according to Ziarul Financiar.

Transactions Record Volume in 2016 for Bucharest Land Market

Land market in Bucharest has reached in 2016 a new record in volume, as plots were transacted with a total area of 110 hectares, 144 pct. increase compared to 2015 and 3.5 pct. higher than the precedent record year for the market, 2007, when 106 hectares were sold.

CEVA Logistics Rents 50,000 SqM Warehouse Space in WDP Park Oarja

One of the largest international logistics operators, CEVA Logistics, has recently signed a lease agreement for a warehouse space of 50,000 square metres with WDP Development Ro, local branch of WDP industrial and logisitcs developer.

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