Romania’s industrial real estate investments reach record level

27 January 2016

The industrial real estate investments in Romania reached a record level of USD 389 million last year, namely 57% of the total investment recorded in the real estate sector, according to a study by consultancy firm CBRE.

The high share was determined by the entry of two big investors in this market, P3 and CTP, which made several important acquisitions.

The investments in the office spaces also grew significantly in the last quarter of 2015, accounting for half of all the investments recorded during this period.

In 2015, the total investments in the Romanian real estate market were almost double compared to 2013. However, they stayed below the record level of 2014.

Foreign investors continued to dominate the market, with the local capital representing only 3% of the total capital. The biggest acquisitions were made by investors from the Netherlands, the United States, Great Britain, and Germany.

Five large transactions took place in 2015, accounting for 60% of the total investments. P3 bought the Europolis Logistic Park, GLL acquired the Floreasca Park, and NEPI took over Auchan Titan Shopping Center. Also, CTP bought Bucharest West and Globalworth acquired the Green Court Bucharest Building B.

editor@romania-insider.com

Normal

Romania’s industrial real estate investments reach record level

27 January 2016

The industrial real estate investments in Romania reached a record level of USD 389 million last year, namely 57% of the total investment recorded in the real estate sector, according to a study by consultancy firm CBRE.

The high share was determined by the entry of two big investors in this market, P3 and CTP, which made several important acquisitions.

The investments in the office spaces also grew significantly in the last quarter of 2015, accounting for half of all the investments recorded during this period.

In 2015, the total investments in the Romanian real estate market were almost double compared to 2013. However, they stayed below the record level of 2014.

Foreign investors continued to dominate the market, with the local capital representing only 3% of the total capital. The biggest acquisitions were made by investors from the Netherlands, the United States, Great Britain, and Germany.

Five large transactions took place in 2015, accounting for 60% of the total investments. P3 bought the Europolis Logistic Park, GLL acquired the Floreasca Park, and NEPI took over Auchan Titan Shopping Center. Also, CTP bought Bucharest West and Globalworth acquired the Green Court Bucharest Building B.

editor@romania-insider.com

Normal
 

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