CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased over 1,800 sqm of warehouse and offices in CTPark Bucharest North for HELL ENERGY Romania, a fast-developing FMCG brand’s Romanian company, which quickly became a prominent player on the international energy drink market, being the market leader on many of them, Romania included.
VGP, a European supplier of high-quality logistics and semi-industrial real estate, announces a new step in its development, namely the full lease of the first building in VGP Park Arad. The most recent client, who rented an area of 10,000 m2 and whose space was handed over recently, is FAN Courier.
The first three quarters of 2023 look good for the industrial & logistics real estate sector. Overall, total leasing demand of 550,000 square meters in the Q1-Q3 2023 period was largely comparable to last year’s level, according to data from Colliers, with the note that this result only includes leasing deals part of the public domain, i.e. deals part of the local real estate forum or those reported in other public documents, like financial reports of companies or media reports.
The leading cleaning and hygiene product wholesaler operating in the Romanian market has leased nearly 6,000 sqm of modern space at the growing MLP Bucharest West logistics centre. The new facility will be delivered for occupancy by the end of this year. The tenant was assisted in the transaction by iO Partners - JLL Preferred Partner.
Industrial and logistics projects accounting for more than half a million sq. m are currently under construction and due to be delivered by the end of 2024, 60% of which being already pre-leased.
WDP, one of the most active investors on the logistics space market in Romania, specialized and recognized as a market leader in the BTS (build-to-suit) segment, gave the digital platform Warehouserentinfo.ro, exclusively, a series of answers to questions related to the specifics of the developer's activity in Romania, WDP's third largest market, as well as regarding the company's future plans.
Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Ema Iftimie as Managing Director for its real estate operations in Romania. Starting December 1st, Marian Popa will step down as the Managing Director and Ema Iftimie will assume this role, focusing on operational, business development and customer care.
CBRE launched its traditional end of quarter research snapshots of the local commercial real estate market, analysing the status of the investment, office, industrial & logistics and retail sectors.
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