Globalworth Industrial, the industrial and logistics sub-brand of Globalworth, the leading office investor in Central and Eastern Europe, has begun construction at Constanța Business Park, the largest mixed-use project in Romania.
Element Industrial announces the completion of the first phase at ELI PARK 1 Chitila. The warehouse, with an area of 20,000 sq.m, is rented to Turkish-based appliances producer, Arctic. The company has already begun its operations in the new logistic space.
Developer Warehouse & Distribution De Pauw (WDP) has secured in the last quarter of last year a new investment package worth about 100 million euros, mainly on the Romanian real estate market, from which he obtained 18.6 million euro from renting its logistics and industrial premises in 2018.
The total stock of modern industrial and logistic spaces in Bucharest has increased approximately 10 times between 2004 and 2017 to almost 1.2 million square meters, being supported primarily by the positive evolution of consumption and purchasing power, shows a C&W Echinox study.
Windows manufacturer Qfort is developing an office building and a showroom near its factory owned in Pieleşti, Dolj county. The company’s total investment reaches EUR 4 million, the space hosting 300 employees.
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