MLP Group, a leading European logistics and industrial real estate platform, is strengthening its financial structures. Maciej Müldner has been appointed as the new Chief Financial Officer (CFO). An experienced executive, he has spent nearly 20 years contributing to the success of the Skanska Group in Central Europe. His expertise in corporate finance at the European level will support the continued dynamic growth of MLP Group.
Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting a 27% growth when compared with 2023, while the total industrial & logistics stock in Romania reached almost 7.6 million sq. m at the end of Q4. The development activity returned to growth during 2024, after a year (2023) which witnessed a 46% y-o-y decrease of the new supply, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
Romania's industrial and logistics space market continued to grow in 2024, with deliveries of approximately 400,000 square meters, bringing the total stock to 7.4 million square meters, according to the annual report published by Colliers. Representatives of the real estate consultancy say that the current stock of industrial and logistics spaces, estimated at 8 million square meters by the end of 2025, remains modest compared to countries such as Poland, which has a volume four times larger.
Almost 90% of commercial real estate companies (commercial spaces, business centers and office, logistics premises) expect their revenues to increase in 2025, but remain cautious about the changing market conditions, and 60% anticipate an annual growth of more than 5%, after two consecutive years in which most participants expected revenue declines, according to Deloitte 2025 Commercial Real Estate Outlook. At the same time, more than 68% of participants (compared to 27% last year) expect real estate fundamentals to improve across areas such as cost of capital, capital availability, property prices, transaction activity, rental growth, and vacancies.
Real estate investments in Romania reached EUR 750 million in 2024, registering a 58% increase over the previous year, although slightly below the annual average of EUR 800 million reported over the past decade, according to Colliers' annual report.
DACHSER Romania leases 5,000 sqm of modern logistics space, including office components. The space is located within Schwartz Immobilien Industrial Park, part of Otter Distribution Group, in the western part of Bucharest, on Industriilor Street – an expanding area known for its industrial developments.
MLP Group has secured a lease agreement with a leading supplier of automotive replacement parts and industrial cooling solutions. The tenant will occupy 20,100 square meters of warehouse and office space at the MLP Bucharest West logistics center. The facility is set to be completed and handed over in November 2025. The transaction was brokered by the real estate consultancy company Newmark Polska.
Lion's Head Investments, a joint venture by AG Capital and Old Mutual Property and the owner of the Oregon Park office project in Romania, is entering the Romanian logistics market by acquiring a 155,000 sq m plot of land for the development of a logistics park.
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