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Who should be in the driving seat of the real estate innovation

The prolific change of 2020 has shaped the real estate industry more than anything else in decades. The digitization had been underway before the pandemic, but the speed of that shift has accelerated in ways that nobody could have predicted.

The modern stock of industrial spaces will reach 5.5 million sqm in 2021 in Romania

The modern stock of industrial spaces in Romania has exceeded the threshold of 5 million sqm in 2020 and will reach approximately 5.5 million sq m this year, over 60% of the area under construction being already pre-leased.

Andrei Jerca, the new Managing Director of Element Industrial

Element Industrial announces the appointment of Andrei Jerca as Managing Director of the company. A professional with 14 years of experience in the real estate industry, Andrei has worked for companies such as Europolis, CA IMMO, P3 or CBRE, being involved throughout his career both in the management of a portfolio of 300,000 sqm of logistics space and in the development series of logistics and industrial projects, amounting to 200,000 sqm.

Over 10,000 pallets total storage capacity for AECTRA Plastics, after the launch of the largest warehouse of technical polymers in Romania

AECTRA Plastics announces the launch of the largest technical polymer warehouse in Romania, the first warehouse built in Romania by the parent group, Hromatka Group.

REHAU, investment of 10 million euros in a regional hub in Sibiu

REHAU Romania, a German provider of solutions for windows, installations and furniture, continues to expand its activity locally and will make an investment of approximately 10 million euros in Sibiu County.

Jumbo, the first logistics center in Romania, in Popești-Leordeni

Greek toy and decoration retailer Jumbo has begun construction of its first warehouse in Romania in Popești-Leordeni, within a center that will also include office space, following an investment of about 35 million euros, according to information obtained by Profit.ro.

The land market in Bucharest in 2020

Romanian housing developers, along with German retailers such as Kaufland and Lidl, were the most active buyers of land in the Bucharest-Ilfov area during 2020, according to the Bucharest Land Marketbeat report by real estate consulting company Cushman & Wakefield Echinox.

JLL expands its services on the Romanian industrial property market

JLL Romania consolidates its industrial team by recruiting Ciprian Sîrbu in order to provide Supply Chain services on the local market. The move comes in the context in which, at the beginning of this year, the real estate consulting company JLL concluded, worldwide, an alliance with Mibach Consulting for the provision of strategic consulting services in the industrial segment.

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