Romanian Real Estate News – 30/01/23

Romanian real estate news


-In 2022, Romania benefited from an almost 40% increase of the investment volume in income-producing real estate assets – office, retail, logistics and industrial spaces and hotels, thus moving to the 3rd place in in the Central and Eastern Europe (after Poland and the Czech Republic), according to data from the Cushman & Wakefield Echinox real estate consultancy company.

-Austria’s Gebrüder Weiss Romania, one of the main players of the local transport and logistics solutions market, has completed the investment in the expansion of the logistics hub in the Transylvanian city of Sibiu. This project required funds of 3.4 million euros, the new area added being already integrated into the company’s operations.

-ELI Parks, a developer, investor and asset manager of logistics and industrial real estate focused on Romania & SEE, continues the development of the hub in the Northwest of Bucharest – the Buftea Chitila area – and in the vicinity of the future A0 ring road of the Capital, with two new projects, ELI Park 4 and ELI Park 3.3, with a total area of 42,000 sqm.