LOGISTICS
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Belgium’s WDP Buys 60,000-Sqm Land Plot in Timisoara for Future Development
Belgium-held logistic space developer WDP, one of Romania’s most dynamic investors on this market, bought a land plot of more than 60,000 square meters in Timisoara (western Romania) for a f...
Real Estate Investor Ionut Dumitrescu Teams Up with Superbet Founder Sacha Dragic to Develop ELI Parks
Ionut Dumitrescu, founder of Element Industrial, and Sacha Dragic, founder of Superbet, will seal a partnership to develop the ELI Parks logistics park network . Also involved is Anca Damour...
Element Industrial Kicks Off EUR25M Investment in Braila
Real estate developer Element Industrial, controlled by entrepreneur Ionut Dumitrescu, embarked on a new project in eastern Romania, ELI Park Braila, an over EUR25 million investment.
Real Estate Developer Element Industrial Kicks Off EUR25M Investment in Braila
Real estate developer Element Industrial, controlled by entrepreneur Ionut Dumitrescu, has launched a new project in southern Romania, called ELI Park Braila, which entails total investments...
Gebrüder Weiss Plans to Expand Logistics Space in Bucharest and Sibiu by 20% in 2022
Gebrüder Weiss, one of the largest logistics and transport operators in Romania, plans to expand its logistics space in Bucharest and Sibiu by about 20% next year. The company currently has...
Belgium’s Logistics Space Developer WDP Makes EUR23M Rental Income in H1
Belgian-held logistics space developer WDP posted EUR22.8 million rental income in Romania in the first half of 2021, its first half report shows.
Logistics Service Provider H Essers Revenue Down, Profit Up in 2020
Logistics service provider H Essers SRL, the Romanian subsidiary of Belgium H Essers group, posted RON180.7 million (EUR37.5 million) revenue in 2020, a decrease of about 5% year-on-year, ZF...
CTP Plans to Go Beyond 2 million Sqm of Logistics Space in Romania in 2021
CTP, the largest developer and long-term manager of industrial and logistics parks in Romania and Central and Eastern Europe, has decided to speed up construction plans started this year.
CTP In Talks with Zacaria to Acquire Six Logistics Centers in Sibiu
CTP, the largest owner of logistics space in Romania, seeks to expand throughout the country and is in talks with real estate investor Zacaria over the acquisition of six logistics centers.