Romanian Real Estate News – Wednesday 26/10/2022

Romanian Real Estate News

-The real estate and construction sector has attracted around 12 billion euros of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the overall FDI stock increased to a level of 17.4% at the end of 2021, compared with 9.2% in 2012, National Bank of Romania data analyzed by Cushman & Wakefield Echinox showed.


-TeraPlast Bistrita, a Bucharest-listed building materials maker, reported RON563.6 million turnover in the first nine months of 2022, up 25% from the year-earlier period.

-Polish LPP group, active in the mass market fashion field, has leased 80,000 square meters of logistic area from Belgium-headquartered WDP for a warehouse set to serve offline operations, Ziarul Financiar reported.

-Polish retail discounter Pepco has leased 50,000 square meters of logistic spaces in CTP Bucharest West, operated by Kuehne + Nagel Romania, a major player on Romania’s transport and logistics market, according to market reports.

-Courier company Cargus has signed with CTP, the largest listed developer and manager of industrial and logistics space in Continental Europe, a lease for 3,400 square meters of logistics space in the CTPark Oradea Cargo Terminal project, the only industrial park in Romania with an air cargo terminal.