The demand for logistics and industrial spaces is close to registering a new record in 2022, a matter which is reflected in the vacancy rate, a rate of 4.3% (one of the lowest in the last decade) at the end of Q3, according to the Cushman & Wakefield Echinox real estate consultancy company.
The evolution of the Romanian industrial market in the first nine months of the year confirms analysts' expectations regarding the possibility of setting a new historical record by the end of 2022, thus continuing an upward trajectory started in 2018.
CTP has signed a new partnership with Kuehne+Nagel for the development of a 50,000 m2 regional distribution center that will serve the markets of Romania, Bulgaria and Greece
CTP, the largest listed developer and manager of industrial and logistics spaces in Continental Europe, is expanding its collaboration with Cargus, one of the largest courier companies in Romania, in CTPark Oradea Cargo Terminal. The courier company, already present in the CTP portfolio, is the first to sign a lease contract, for an area of 3,400 sq m, in the only industrial park in Romania that with air cargo terminal.
Almost 50% of the warehousing surfaces for which lease contracts were signed in 2022 were transacted during July – September of this year. Daniel Cautiș, managing partner Dunwell, says that the growth in Q3 is significant: 312.285 sqm in just 3 months, while in the first 6 months of the year, 315.552 sqm were signed.
The CCC Group, the Polish footwear retailer, is expanding its logistics center in the WDP Ștefăneștii de Jos park to serve the online retailers epantofi.ro and Modivo. The new warehouse will become a regional center dedicated to Romania, Bulgaria and Greece, markets from which the group hopes to achieve 80 percent of its total revenues.
Cargus is the new tenant of Globalworth and Global Vision in Constanța Business Park, one of the largest business parks in Southeast Europe. The courier company is consolidating its operations in a class A, ambient warehouse unit, having an area of 2,800 square meters, which also includes an office space of 250 square meters.
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