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Warehouse Market News

Romanian real estate investment volumes up 80% in the first half of the year

Romanian real estate investment volumes went up 80% year-on-year in the first half of 2016, reaching an estimated EUR 340 million, according to real estate consultancy company JLL. In the first semester of 2015, the real estate investment volumes stood at EUR 187 million.

CPI Human Innovation Program

Budapest, July18th, 2016. – By its lately launched Office@your service campaign, CPI Hungary would like to draw attention to its new program, wherein a service package was introduced to ease the day-to-day routine of those working in the office block and bring some more colour into usual office life.

Farmec opens a new logistics center in Timis

Farmec continues its extension and modernization of the distribution network in the country. After the opening of a new store in Timisoara, the company has announced the opening of a new logistics center which will cover Timis, Arad, Caras-Severin and Hunedoara counties.

Industrial and logistics spaces from regional cities exceeded Bucharest’s stock

The modern stock of industrial spaces and logistics from outside Bucharest reached 1.3 million sqm at the end of the first semester of 2016, exceeding Bucharest with almost 30 percent. Western Romania has the greatest stock outside Bucharest (33 percent), followed by the Southern zone (31 percent) and the Northern- Western region (18 percent).

First Code of Ethics for Romanian real estate agencies launched by RABO

The Romanian Association of Building Owners (RABO) has launched the first Code of Ethics dedicated to the Romanian real estate domain on Friday, which aims to establish the standards on ethics and the RABO members’ behaviour.

Firms in Romania can get state aid for investments over EUR 1 mln

Companies will be able to receive state aid for investments over EUR 1 million in their production units, said the Economy Minister Costin Borc.

EUR 6 million investments in logistics and production centre near Bucharest

Spanish manufacturer Cortizo is nearing the completion of its production and logistics centre for aluminium profiles painting, storage and distribution in the proximity of A1 highway near Bucharest, after one year since the beginning of works.

JLL Romania expands its industrial department

Real estate consultant JLL appointed Costin Bănică as business developer industrial agency in Romania, starting this July.

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