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Prologis Announces Definitive Agreement on Prologis Park Bucharest A1

Prologis, Inc., the global leader in industrial real estate, today announced it has entered into a definitive agreement whereby CTP will acquire Prologis Park Bucharest A1 in Romania. The binding agreement is subject to customary closing conditions.

Portland Trust agreed with CTP the sale of Bucharest West

Real estate developer Portland Trust, found by British Robert Neale, reached an agreement with Dutch CTP for the sale of Bucharest West logistics park.

Prologis sells logistics park near Bucharest to Czech group CTP

American group Prologis, the biggest industrial space owner in the world, recently sold the logistics park Prologis Park Bucharest A1 to Czech group CTP. The deal’s value was close to EUR 50 million, reports local Capital.ro.

CTP adds 43,000 sqm to its industrial property stock in Romania

CTP, a premium business park in Central Europe, announced the acquisition of Deva Logistics Park project.

Deal of the decade, finalized

Lafarge Romania’s plants sold to Ireland’s CRH

Chinese company is after insolvent Romanian chemical producer

A Chinese petrochemical company is interested in buying Romania’s insolvent state-owned chemical producer Oltchim, and exploiting oil in Romania. The company’s representatives will meet Oltchim’s judicial administrators this week.

Sweden’s Rosti buys Bianor plant in Ploiesti

Sweden’s Rosti Group, a group with an annual turnover of EUR 400 M, has bought Bianor, a manufacturer specializing in the injection moulding of plastics. Bianor has had a plant in Ploiesti since 2013.

Logicor buys 19 logistics properties in France and Germany

Logicor, a unit of US wealth manager Blackstone, bought 19 logistics assets in France and Germany from Goodman European Logistics Fund.

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