The real estate group M Core took its first step into the logistics sector of the local market through a EUR 2.5 million transaction with Belgian Yves Weerts, as a result of which it took over a project that foresees the construction of halls dedicated to small and medium-sized companies in Ghimbav, near Braşov, on a 38,000 sqm plot of land. The Sibiu-Făgăraş highway is currently being built near Braşov, scheduled to be ready in 2027.
Yves Weerts owns Unirii View SRL, the owner of Unirii View Tower in the Capital, and is part of the Weerts Group.
The entry into the logistics segment comes in a year in which M Core invested over EUR 150 million in retail, buying Focşani Shopping Center from KBC and Suceava Shopping City along with seven commercial parks from investor MAS. In parallel, the group completed six new commercial projects and is preparing developments worth over EUR 200 million in the next two years.