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How real estate investments will evolve in 2023. Top 3 trends that will shape the market

The real estate market hit a record investment in 2022, when it managed to exceed a historic milestone of 1.25 billion euros, an increase of 36% compared to the previous year, according to the latest CBRE report - "Market Outlook 2023".

CTPark Bucharest West becomes regional distribution hub for the fastest growing fashion retailer LPP

CTPark Bucharest West is just reconfirming its position as a regional logistic hub for the whole Balkans and beyond, by starting its cooperation with LPP, the fastest growing fashion retailer in Romania for its regional distribution center.

Transilvania Constructii acquires industrial park in Arad following 3.5 million Euro transaction

Transilvania Constructii purchased from Comalim S.A. an industrial park located on a 4.4-hectare plot of land in the northern area of Arad, in a transaction estimated at around 3.5 million Euros.

Profi increases leased area in CTPark Bucharest West to 67,000 sqm

Supermarket chain Profi recently announced an increase in the area leased from CTP, the largest developer and administrator of logistics and industrial spaces in Romania, in CTPark Bucharest West.

Elvada and Relive Bike RKS Motor, the new tenants in Constanța Business Park

Elvada and Relive Bike RKS Motor are the new tenants in Constanța Business Park, project developed by Globalworthin partnership with Global Vision, one of the largest business parks in Southeast Europe.

Arhivatorul rents 1,000 sqm at SPACEPLUS, the industrial project developed by SPEEDWELL

SPEEDWELL and Arhivatorul have recently signed a 1,000 sqm lease in the SPACEPLUS warehouse, for a 7-year period. Arhivatorul is expanding its business by renting storage in SPEEDWELL’s project located in north-western Bucharest.

Logicor Bucharest I Logistics Park, Mogoşoaia, fully developed and supporting customer growth

Logicor, a leading owner and manager of logistics real estate in Europe, has completed the development of an additional c.23,000 sqm in the state-of-the-art Logicor Bucharest I Logistics Park in Mogoşoaia, 12 km northwest of Bucharest city centre with good access to the Blv Bucurestii Noi and the Bucharest Ring Road.

P3 Logistic Parks closed deals for 78,000 m2 in the first nine months of 2022

P3 Logistic Parks (“P3”) closed transactions for 78,000 square meters of office and logistics space in Romania in the first nine months of this year. Of the total transactions, 34% are new long-term contracts (26,533 sqm) and two thirds are short-term contracts or extensions of existing contracts (51,505 sqm).

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