Lion’s Head Investments, a prominent real estate developer known for projects like Oregon Park, is expanding its footprint in Romania by entering the logistics market. The company has recently secured the building permit for its first logistics park project, strategically located in Popești-Leordeni, near Bucharest. Find out about Lion's Head Investments' significant entry into Romania's logistics sector with a new 85,000 sqm logistics park development.
Terra Romania, part of the Austrian Terra Holding, has inaugurated its new headquarters in Brașov, representing a significant €2.7 million investment in state-of-the-art facilities designed for net-zero energy operation. This development highlights ongoing growth in Romania's commercial and industrial property sector.
ELI Park Iași has successfully leased Phase 1, covering 21,000 square meters, attracting five major tenants from key industries, including pharmaceuticals (Dr. Max), beverages, retail, and HVAC & heating installations (Uniprest). This milestone reinforces ELI Park Iași's position as a leading logistics and industrial hub in the region.
Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting a 27% growth when compared with 2023, while the total industrial & logistics stock in Romania reached almost 7.6 million sq. m at the end of Q4. The development activity returned to growth during 2024, after a year (2023) which witnessed a 46% y-o-y decrease of the new supply, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
Lion's Head Investments, a joint venture by AG Capital and Old Mutual Property and the owner of the Oregon Park office project in Romania, is entering the Romanian logistics market by acquiring a 155,000 sq m plot of land for the development of a logistics park.
Eltra Logis, one of the main players in the niche logistics, transport and storage market, is strengthening its position in the pharmaceutical industry, which now generates 40% of the company’s turnover. This consideration comes based on a significant consumption of medicines in Romania and the development of local production capacities in the pharmaceutical sector. The company aims to increase the pharma segment of its business to 80% by 2030.
Logicor, a leading owner, manager and developer of European logistics real estate, has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, the first ‘Last Mile’ logistics hub in the city.
Cargus, one of the leaders of the courier services market in Romania, announces the relocation of its warehouse in Târgu Mureș to a new, modern and expanded facility. This move is part of the company's strategy to improve and expand its operational capabilities to meet growing volumes.
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