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Warehouse Market News

Xanga to develop 4,3 hectare industrial and logistics facilities near Sfântu Gheorghe

Xanga Group, one of the largest developers of industrial parks in Hungary, got under concession ​​4.3 hectares in the Câmpu Frumos Industrial Park, established by the Sfântu Gheorghe City Hall in central Romania, and it plans to build, in the first phase, two multifunctional halls with office spaces, for production and logistics.

Globalworth to sell part of its logistics portfolio to CTP

The developer Globalworth has announced that it is selling part of its logistics portfolio in Romania to CTP. The value of the transaction could exceed EUR 170 million. Globalworth has announced that it is selling five logistics parks, with ten facilities in Timișoara, Arad, Oradea and Pitesti that it owns 100 percent. The majority holdings in two other small projects in Bucharest are also sold.

Hexing invests heavily in 8,000 sqm facility at Globalworth Timisoara Industrial Park I

The new facility of Hexing Technologies Europe SRL, a subsidiary of the Hexing Group and a leading green energy solution provider, set within the thriving Timisoara Airport Park, will serve as a hub of innovation, extending Hexing's digital energy service footprint across Europe.

The volume of industrial and logistics leasing transactions outside Bucharest reached a record high last year

2023 ended with solid activity levels for industrial and logistics, with some 770,000 square meters of leasing deals closed, a slight decline from 2022’s record level of 830,000 square meters, according to the annual report released by Colliers.

Noark Electric inaugurates their first regional logistics center in Romania

Noark Electric Romania, a subsidiary of Noark Electric Europe, a company that develops, manufactures and markets electrotechnical components and low voltage equipment for residential, commercial and industrial applications, announces the inauguration of their logistics center in Romania, which will serve the countries in the region.

Phase 2 of MLP Bucharest West completed and fully leased

MLP Group has completed phase two expansion of MLP Bucharest West, its logistics park near Romania’s capital city. The new facility has delivered 16,000 sqm of space designed to contemporary standards, which has already been fully leased.

NEPI Rockcastle sold its logistics ceter in Otopeni for 5.7 million euros

NEPI Rockcastle, the largest investor, developer and owner of shopping centers in Central and Eastern Europe, sold the company Otopeni Warehouse and Logistics SRL to River Property in January 2024.

CTP strengthens the team in Romania with appointment of Andrei Brinzea as Business Development Director

CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), is strengthening its Romanian team with the appointment of Andrei Brinzea as Business Development Director.
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