ARTICLES LABELLED WITH TAG Romania

Real estate group Portico Investments has sold six buildings from its Romanian portfolio to Praktiker Real Estate and Lidl Romania, in two deals totaling over €8.5 million. 

Real estate group Immofinanz says it has concluded a long-term rental contract for roughly 11,000 sqm with healthcare services provider Provita Group. 

Real estate developer Element Group has announced the acquisition of a new land plot of 2.7 hectares, close to A1 highway, at the entrance of Pitești city, in southern Romania. 

Property Forum’s upcoming online event will focus on Romania's dynamically growing industrial and logistics market. Leading landlords, tenants and advisors will come together to discuss the potential of the local market from an international perspective. They will touch up on all the key trends driving the market right now, including e-commerce, city logistics, sustainability and many more.

Cluj-based office building Amera Tower has received a pre-certification as a "zero waste building" and is working towards obtaining the full certificate from the Zero Waste Europe organization, making it the first project in Romania that gets this label. 

Romanian craft dairy producer Artesana has kicked off the construction of a new plant in Tecuci, Eastern Romania, following an investment of more than €5 million. 

Kromberg & Schubert, the German producer of cables and electrical systems for the car industry, has sold its plant in Timișoara to Continental Group, according to market sources quoted by ZF.ro. The transaction will allow the company to replace its manufacturing operations in the city with research and development activities. 

Global logistics solution provider Mainfreight has started operations on a new distribution hub in Timișoara Industrial Park (II), a project jointly developed by Globalworth and Global Vision. 

Brothers Adrian and Dragoș Pavăl, founders and owners of DIY chain Dedeman, are investing in a new logistics project in Pantelimon, near Bucharest. 

Real estate consultancy Cushman & Wakefield Echinox will start to assist customers and partners in obtaining international LEED, WELL and BREEAM certificates, both for existing and pipeline office or industrial-logistical buildings.