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Warehouse Market News

CTP completes first phase of CTPark Arad West: 23,000 sqm delivered and another 20,000 sqm ready for tenant fit-out

CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the successful delivery of 23,000 sqm from CTPark Arad West project, with an additional 20,000 sqm ready for tenant fit-out. The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB, and provides state-of-the-art facilities for logistics and production activities.

Gebrüder Weiss: 30 years in Romania — €90 million total investments, 9 logistics hubs and €94 million revenues in 2023

The international transport and logistics company Gebrüder Weiss is celebrating 30 years of business in Romania this year. Started as a small freight forwarding agency in 1994, the company has undergone an impressive development in three decades and is now a well-known full-service logistics provider on the domestic market. During this period of time, the company has consistently invested in the development of its network of hubs, strategically located in the country’s areas of interest, but also in the diversification of the services offered to clients and in the digitization of processes.

RetuRO rented 8,000 sqm warehouse within the ELI Park Bacău industrial park, for its fifth counting and sorting center

RetuRO, the administrator of the Deposit Return System, is opening its fifth counting and sorting center in Nicolae Bălcescu, Bacău County. Located within the ELI Park Bacău industrial park, the center will manage and process beverage packaging collected both manually by retailers and through Return Vending Machines (RVMs).

PepsiCo Romania inaugurates automated warehouse at Popești-Leordeni factory concluding 100 million USD investment

PepsiCo, a global leader in the food and beverage industry, today announced the opening of an automated warehouse at its snacks factory in Popești-Leordeni. This milestone marks the completion of a strategic investment project valued at over 100 million USD.

VGP hands over 20,000 sqm warehouse to Continental Tires Timisoara in VGP Park Timisoara

VGP, a European provider of high-quality logistics and semi-industrial real estate, announces the completion of the 8th building of VGP Park Timisoara with the handover of the warehouse to Continental Tires Timisoara which will use approximatively 20,000 m² for its tyre storage operations.

Romanian real estate market ends the first half of the year with a favorable outlook

Large infrastructure investments, significant salary growth above inflation, a stable external economic context, and central banks’ victory in combating inflation are helping the Romanian real estate market maintain a favorable outlook. However, results are generally mixed, according to Colliers Romania experts in their market report for the first half of the year, set to be released at the end of the month.

SPEEDWELL launched the second edition of its Sustainability Report

SPEEDWELL, one of Romania's most active real estate developers, launches its 2023 Sustainability Report. The official ESG reporting document highlights, both the initiatives and main sustainability strategies developed, as well as the company's internal resources and its impact at all stages of development, from concept to project delivery.

Crane ChemPharma leases 3,000 sqm within Industra Park Arad

Crane ChemPharma & Energy, a global industrial manufacturer and subsidiary of Crane Company, secured a lease for 3,000 square meters of production space within Industra Park Arad in Romania, developed by Oresa Industra. This transaction was brokered by the real estate consultancy firm Cushman & Wakefield Echinox.
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