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The pharmaceutical industry, 40% share in the Eltra Logis business

Eltra Logis, one of the main players in the niche logistics, transport and storage market, is strengthening its position in the pharmaceutical industry, which now generates 40% of the company’s turnover. This consideration comes based on a significant consumption of medicines in Romania and the development of local production capacities in the pharmaceutical sector. The company aims to increase the pharma segment of its business to 80% by 2030.

MLP Group reports growth in revenue and net profit for the first three quarters of 2024

MLP Group, a leading European platform for industrial and logistics real estate, continues its dynamic expansion across key markets. Responding to the increasing demand for warehouse space, the Group is bolstering its market position through strategic investments and agile portfolio management strategies.

Property investments in Romania soar to €655 million over nine months

Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.

VGP Park Timișoara welcomes a new tenant, Rondocarton, a supplier of sustainable cardboard and corrugated packaging solutions

VGP, a European provider of high-quality logistics and semi-industrial real estate, has leased a 4,580 m² space to Rondocarton Romania at VGP Park Timișoara for storage operations. This partnership underscores VGP’s commitment to supporting the expansion of innovative and sustainable companies like Rondocarton by providing efficient and eco-friendly industrial spaces.

The demand for logistics and industrial spaces reached 575,000 sq. m. in the first 9 months of 2024, showing a 20% decline year-on-year

The demand for logistics and industrial spaces reached 575,000 sq. m during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to the Cushman & Wakefield Echinox real estate consulting company. The new demand accounted for 86% of the transacted volume.

Garbe Industrial Real Estate expands into Romania

GARBE Industrial Real Estate GmbH (“GARBE”), one of the leading providers and managers of logistics, light industrial and technology real estate in Germany and Europe, just set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in this market and implement its own property developments.

Space Sanitation Recommendations for Industrial Premises - An Interview with Gabriel Munteanu, CEO Compania DDD

"We recommend that owners and operators of industrial premises carry out periodic assessments and implement solutions adapted to the specifics of their activity. Close collaboration and effective communication between the client and the disinfection, disinfestation and rodent control service provider are essential to ensure maximum effectiveness of interventions and to prevent potential risks".

CTP reports rental income of 488.4 million euros in the first nine months

CTP N.V. (CTPNV.AS), (“CTP”, the “Group” or the “Company”) recorded Rental Income of €488.4 million in the first 9 months of the year, up 15.9% y-o-y. Like-for-like y-o-y rental growth of 4.4%, mainly driven by indexation and reversion on renegotiations and expiring leases. As at 30 September 2024, the annualised rental income came to 702.0 million and occupancy came to 93%.

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