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Warehouse Market News

Austrian CA Immo cashes in EUR 33 mln in rents in Romania

Austrian real estate investor CA Immo posted last year a rental income of almost EUR 33 million in Romania, up 10% over 2013, the investor announced in its most recent financial report.

US investment fund sells Mercury Logistics Park in Romania

US investment fund Heitman sold the Mercury Logistics Park logistics park near the Bucuresti-Pitesti highway.

Logistic & industrial stock to go up by 12% in Romania

The logistic and industrial stock will increase by 12% in 2015 compared to last year and will exceed 2 million sqm in Romania, according to real estate company DTZ Echinox.

EU money for better transport connections for Bucharest airport, train and highway networks

Romania will receive almost EUR 1 million for feasibility, legal and environmental studies to develop new transport links near Bucharest, within the European Union’s Ten-T project.

DPD Romania ups profit by a quarter

Parcel delivery company DPD Romania increased its turnover last year by 14% to EUR 16.9 million, while its profit went up by 27%, to EUR 832,000.

Owner of Romanian building material producer steps down as CEO

Marcel Barbut, the owner of building material producer AdePlast, recently stepped down from the company’s management.

Ring road overpass near Bucharest to be completed in 2017

Romania’s National Company for Highways (CNADNR) has launched a tender to build an overpass between the Bucharest belt and the Domnesti village, in a contract worth EUR 41.7 million (without VAT).

UK is ready to help Romania in the infrastructure development

Romania has quite ambitious plans when it comes to its infrastructure development and UK is ready to help with their accomplishment, the British Ambassador in Romania, Paul Brummel, said in the end of the trade mission that benefited from the participation of 50 British companies, on Tuesday held in Bucharest.

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