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Globalworth to invest near Bucharest

Globalworth Real Estate Investments is planning a brand-new multi-million Euro development project near Romania’s capital-city of Bucharest. The international company which focuses its investments on Poland and Romania, decided to embark on a new logistics project, located near Bucharest, in the North-West. Specifically, the build site is in the city of Chitila, where Globalworth planning […]

One United owners to develop logistics park in Ploiești, Romania

The founders of One United, a Romanian real estate developer, are working to diversify their business strategy, entering the industrial spaces market. This being said, the Romanian business partners are preparing to develop a logistics park near the city of Ploiești (a city known for its oil industry, located 60 km from the capital-city of […]

China expects great deal in Romania

The China Investment Corporation (CIC) intends to sell its Logicor deposits that it holds in Romania, expecting a multi-million EUR deal, one of the largest transactions in the industrial segment. The company is optimistic about its decision to sell the Logicor logistics business at a price of around 30 million EUR. Logicor operates more than 155,000 […]

Fakt AG invests in a logistics center in Hungary

Germany’s Fakt AG intends to invest a record-sum of 1 billion EUR, in order to extend its horticultural production, processing and logistics services into Hungary’s horticultural industry. According to Hungarian Agriculture Minister Istvan Nagy, the German company will build the processing units on an area of 330 hectares in the outskirts of Hegyeshalom and Bezenye in northwest […]

Poland logistics at an all-time high

Poland ended 2018 with a considerable amount of industrial and warehouse stock, reaching a record-high. The total area destined for industrial and business applications was estimated at 15.79 million sqm in Poland, by the end of 2018, with 2.22 million delivered last year alone, down by 6% compared to 2017. The most active area in 2018 […]