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P3 Logistic Parks increases total portfolio by 48 percent – German portfolio triples

P3 Logistic Parks (P3), a long-term investor-developer of European warehouse properties, has contributed to the overall resilience of the logistics sector during 2020. In a year that created unparalleled...

Retail News

Polish group Scallier to develop shopping parks in second-tier Romanian cities

Polish group Scallier will develop six shopping centres in second-tier Romanian cities lacking modern retail spaces, with an investment volume estimated at €5-10 million per project, Economica.net reported. The six...

Office News

Speedwell signs new financing agreement with Erste Group Bank for a new office project in Bucharest

Speedwell, one of the most dynamic developers on the Romanian market, is joining hands with Erste Group Bank by signing a financing agreement of €27 million for the development...

General

Bucharest – the skyline transformation by 2025

“Bucharest – the skyline transformation by 2025”, an exclusive investment/destination marketing oriented real estate digital tour, for optimism and perspective after a traumatic year (2020), is out now, published...

Warehousing, Logistics and Industrial

WDP to develop warehouses for FedEx in Romania

Belgian logistics space developer WDP is building a 2,200 sqm warehouse for the courier company FedEx in Cluj county, central Romania. “The investment amounts to €10 million, and FedEx...

Warehousing, Logistics and Industrial

Quehenberger Logistics to move all activities for Brico Depot to CTPark Bucharest West

CTP, the largest full-service owner-developer of prime industrial and logistics property in Romania and CEE, convinced Quehenberger Logistics to move their entire logistics activity for Brico Depot Romania to...

General

Globalworth Foundation inaugurates first Hi-Tech Centre of “Ion Mincu”

The Globalworth Foundation inaugurated the first Hi-Tech Centre for future architects, within the “Ion Mincu” University of Architecture and Urbanism, Bucharest. Through this modernization and endowment project, with a...

Investment Market

Investment volumes in Romania for 2020 almost double compared to the share in 2019

The Romanian real estate investment market grew in 2020 despite the pandemic context and closed the year with a total value of investment transactions worth almost €900 million, which...

Warehousing, Logistics and Industrial

Dunwell secures a new warehouse for Boutique Mall within CTPark Bucharest North

Dunwell has secured the relocation of Boutique Mall in a new warehouse of 3,700 sqm within CTPark Bucharest North. Boutique Mall, one of the largest online retailers of casual...

Investment Market

Romania remains on the radar of investors

Romania’s commercial real estate investment volume ended 2020 with a volume of €588.5 million*, half versus 2019 but similar with 2015, a starting growth year, according to CBRE Romania...

Warehousing, Logistics and Industrial

COVID-19 pandemic accelerates e-commerce and logistics revolution

P3 Logistic Parks (“P3”) presents the latest trends in the e-commerce and logistics sectors as predicted by futurologist Sean Culey – strategist, transformation advisor and external consultant to the...

Warehousing, Logistics and Industrial

Automobile Dacia extends 69,000 sqm of logistics space rented from Globalworth

Automobile Dacia, the largest Romanian car manufacturer, extended its lease for the 69,000 sqm occupied in Pitești Industrial Park, a project owned by Globalworth, under the umbrella of the...

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