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Warehouse Market News

Romanian real estate investment market still has the resources to cross the EUR 1 billion milestone in 2022

Given the high activity levels seen at the start of the year, with several deals already closed or signed in the first month, investment volumes in Romania could finally exceed 1 billion euro în 2022, according to the 2021 annual report released by Colliers.

Investments of 10 million euros for the refurbishment of the Symmetrica factory in Suceava

Symmetrica, the market leader in vibro-pressed pavers and curbs and the largest domestic manufacturer with eight own factories, announces the completion of a new investment of 10 million euros for the full refurbishment of the factory in Verești, Suceava, the first production unit of the company, inaugurated in 1999.

REHAU has started the construction works of the regional hub in Sibiu County

The REHAU Group, a German manufacturer of solutions for windows, installations, furniture and automotive, has started work on the regional hub worth approximately 10 million euros in Sibiu County.

The largest number of homes under construction in Bucharest in history. Transactions increased by 16% in the first quarter

Over 27,000 homes are under construction at this moment in Bucharest and its surrounding according to a report released by real estate consultant SVN Romania. This is the largest number of dwellings under construction in the region in the modern history of the local residential market.

Arctic Opens Regional Spare Parts Hub Serving 23 Countries in Arges County

Arctic, the leader of the local home appliances market, opens a regional spare parts hub in Arges County that will serve 23 countries, as part of the Arçelik Group’s development strategy in Romania and in the region.

Romanian real estate market is recovering after two difficult years

After the initial concerned outlook on the future of the real estate market in connection with the health crisis’ all-encompassing effects, the second year of the pandemic has allowed us to draw some better informed conclusions.

Element Industrial delivers first phase from ELI Park 3 with 90% occupancy rate

Real estate developer, Element Industrial, announces the inauguration of the first phase from ELI Park 3, in Buftea-Chitila area.

Strong progress toward sustainability goals for VGP

VGP, a European provider of high-quality logistics and semi-industrial real estate, has published its Corporate Responsibility Report 2021. The report details VGP’s achievements and progress against its previously set targets and underscores the company’s commitment to strengthening sustainability efforts across its day-to-day business.

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