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Warehouse Market News

DP World logistics company to open intermodal terminal in Alba county

DP World logistics company is investing $ 15 million in an intermodal terminal near Aiud, Alba County, in Decea. It will connect the central area of the country with the port of Constanta.

Knauf Insulation takes over the Gecsat glass mineral wool factory in Romania

Knauf Insulation, one of the largest manufacturers of insulation solutions in the world and part of the German Knauf group, acquired the Gecsat SA glass mineral wool factory, from Târnăveni, Mureș County.

Element Industrial starts the second phase of ELI Park 3

Real estate developer Element Industrial announces a new investment of 20 million euros, for extending another 30,000 square meters of the ELI Park 3.

Industrial and logistics projects worth 6 billion lei in Romania

The activity in the industrial-logistics sector is growing at the beginning of spring: over 900 projects are underway, at various stages, at national level, according to the consulting company IBC Focus, which monitors construction sites in Romania.

WDP Romania is developing warehouses of 133 million euros value

WDP Romania, a developer of logistics and industrial spaces, has under construction warehouses with an area of over 180,000 square meters in several cities in the country. The investment in these projects amounts to 133 million euros.

Maracana expanded rented logistics space in MLP Bucharest West

The leading European logistics company has expanded its warehouse capacity in MLP Bucharest West.

EMI acquires Decran, Belgian manufacturer of industrial steel doors

EMI, the leader in integrated solutions and services for industrial access in Romania, announces the complete takeover of Decran, a Belgian company specialized in the production and installation of industrial steel doors.

Cushman & Wakefield Echinox: The total value of the appraised assets increased by 40% in 2021 due to adding larger projects in the portfolio

The valuation department of the Cushman & Wakefield Echinox real estate consultancy company appraised over 380 properties with a total value of 5.5 billion euros in 2021. The valuation department’s portfolio increased by 10% in terms of the number of properties, while the total value of the appraised assets increased by 40%, due to adding larger projects in their portfolio.

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