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Warehouse Market News

Leroy Merlin leases 8,800 sqm at CTPark Bucharest West

CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces that Leroy Merlin Romania, one of the leading players in the DIY market, has leased 8,800 sqm within CTPark Bucharest West, strengthening its logistics operations in one of Europe’s most significant industrial hubs.

Over 200,000 sq m of logistics and industrial spaces delivered to the Romanian market in Q3 2024

The industrial real estate market in Central and Eastern Europe (CEE) recorded different developments from country to country in Q3 2024. In Romania, the industrial market reached a total stock of 7.56 million sqm, with 208,300 sqm of new deliveries, shows a report by iO Partners.

The Romanian real estate investment market closed the first three quarters of 2024 with transactions totalling almost 650 million euro

The Romanian real estate investment market closed the first three quarters of 2024 with transactions totalling almost 650 million euro, a threefold increase compared to the same period last year. According to Colliers’ Q1-Q3 CEE Investment Scene report, transaction activity was mainly driven by industrial and retail assets. At a regional level, investment volume grew by around 24% year-on-year, with Romania recording the strongest performance among the six largest economies in Central and Eastern Europe (CEE-6): Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia.

INVL Baltic Sea Growth Fund signs agreement to acquire the Pehart Group in Romania

INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, has signed an agreement to acquire shares in Pehart Group, a leading producer of household and industrial paper products in Romania and owner of the oldest paper factory in Romania with a 187-year tradition.

Interviews

Space Sanitation Recommendations for Industrial Premises - An Interview with Gabriel Munteanu, CEO Compania DDD

"We recommend that owners and operators of industrial premises carry out periodic assessments and implement solutions adapted to the specifics of their activity. Close collaboration and effective communication between the client and the disinfection, disinfestation and rodent control service provider are essential to ensure maximum effectiveness of interventions and to prevent potential risks".

ESOP Consulting, one of the pioneers of modern office and industrial space brokers

ESOP Consulting is a reference company on the real estate market in Romania, being among the top 10 consulting companies in the office and industrial space segment, offering real estate consulting services for various types of properties, including offices, industrial properties and land. We spoke with Alexandru Petrescu, Managing Partner ESOP Consulting | CORFAC International, to learn in detail the ingredients of a successful local business in the field of premium real estate consulting, but also for a lesson in organization, vision and business clarity, useful for any real estate entrepreneur, as wel as for any company that has, at some point given, interference with the real estate market (whether it is the rent of a premises or the management of its own assets). And last but not least, to turn a page in the modern history of the real estate market in Romania.

Tenants

Date Business Center Tenant m2 Lessor
2024 Q4 CTPark Bucharest West Leroy Merlin 8800 Cushman & Wakefield Echinox
2024 Q4 CTPark Bucharest West LPP Group 130000 CTP Romania
2024 Q4 WDP Ștefăneștii de Jos Trendyol 20000 CCC Group

More Transactions »

Best of 2024

  • Largest Rental:

    CTPark Bucharest West - CTP Romania, with 130000m2 rented space

  • Most Active Warehouse Building:

    CTPark Bucharest West, 6 rentals, with 263100m2 rented space

  • Most Active Lessor:

    CTP Romania, 6 transactions, transactions total space: 256300 m2

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