ARTICLES LABELLED WITH TAG penny
04
Nov
2025
Nov
2025
Penny opens €35 million logistics centre near Bucharest
Penny Romania retail chain has inaugurated its new logistics depot in Mihăilești, Giurgiu County, near Bucharest, marking a €35 million investment in sustainable infrastructure. The facility is the first in the company's network to operate entirely without gas heating, using waste heat recovery systems and heat pumps instead.
Read more >
17
Dec
2021
Dec
2021
Penny invests €26 million in Romanian warehouse
Retailer Penny, part of German Rewe Group, has opened its fourth warehouse in Romania following an investment of €26 million.
Read more >
13
May
2021
May
2021
Penny to invest €1 billion in Romania by 2029
Retailer Penny, part of Rewe Group, has announced a long-term investment program in Romania that includes the expansion of the store network and the development of logistics operations.
Read more >
02
Apr
2021
Apr
2021
Penny to use photovoltaic panels for Romanian warehouses
Retailer Penny, controlled by German group REWE, will install photovoltaic (PV) panels on the roof of its warehouses in Romania. The renewable energy systems will be implemented in Turda and Ștefănești.
Read more >
Latest news
- Prague office vacancy hits lowest level since early 2020
- YIT Slovakia appoints new Managing Director
- Business Park Sofia transforms into mixed-use project
- Natland acquires office building in Bratislava from PSS
- Panattoni's development pipeline in Poland close to 850,000 sqm in 2025
- Speedwell starts construction of mixed-use project in northern Bucharest
- Terranova Logistic Park sold to investor group
- Domestic capital reshapes CEE investment dynamics
- Accolade Group invests €60 million in Czech industrial park
- Belgrade residential market shows 10% growth in Q3 2025
New leases
- BIPA, the drugstore brand of the German REWE Group, has opened the first store in Romania at Bucharest-based Mega Mall. The unit’s leasable area stands at around 370 sqm.
- M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
- dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.
New appointments
- Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
- Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
- CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
