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Articles

The revenues of Immofinanz, influenced by the departure of the tenants from the office buildings

Austrian group Immofinanz obtained in the first quarter of the fiscal year 2014/2015, from 1st of May to 31st of July, decreased revenues down to EUR 11.6 million from the renting of the 16 assets in Romania, as a result of the departure of the tenants from the office buildings in Bucharest, according to the financial report.

Tibbett Logistics expands operation in Bucharest with 2,000 sqm warehouse

Supply chain logistics specialist Tibbett Logistics, part of the UK-based Keswick Enterprises group, has opened a 2,000 sqm warehouse for an automotive client in Bucharest, Romania.

Prologis agrees second development at newly-acquired Site at Prague Airport

Prologis has signed a lease agreement with ČERVA for a build-to-suit (BTS) development of 31,190 sqm at its recently-acquired Prologis Park Prague-Airport.

CRH interested in buying Lafarge’s assets, including properties in Romania

Irish concrete producer CRH has expressed interest in taking over Lafarge’s assets, after a part of the companies’ properties have been placed on sale in order to allow for their merger, writes Mediafax.

Take-up of modern industrial and logistics space reaches 61,000 sqm in H1, says DTZ Echinox

Total leasing activity involving modern industrial and logistics space reached 89,000 sqm in the first six months of 2014 while the take-up amounted to 61,000 sqm, according to data from DTZ Echinox. Some 46 percent of this was registered in Bucharest (34,000 sqm transacted).

Artemis Real Estate is developing five industrial and residential projects near Timisoara

Swiss group Artemis Real Estate, local division of Artemis Holding, announced on Thursday it is developing 5 projects near Timisoara, on a 128 ha piece of property. The projects include industrial and residential buildings.

Germany’s Gerhard Topp buys textile producer from Brasov

German company Ploucquet Group reached an agreement with textile accessory producer Gerhard Topp to sell its unit in Brasov, Ploucquet Textil, specialised in manufacturing trousers components.

Central Europe’s industrial real estate market accelerates

New industrial units in Central Europe are being developed at twice the rate of last year.

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