A significant 10-hectare plot in Sector 4, Bucharest, strategically located near the Vitantis complex and Văcărești Delta, is set for online auction. This prime location, deemed ideal for developers, holds vast potential for future commercial, office, and logistics projects, offering promising prospects for businesses seeking rental space in a semi-central hub.
Constanța is consolidating its position as a regional hub with over €9 billion in planned investments across key sectors like energy, infrastructure, logistics, real estate, and tourism, presenting significant opportunities for businesses seeking office or warehouse space.
CBRE Romania confirms, through its recent market data, the resilience of the industrial and retail sectors in a dynamic economic context, supporting healthy development and continued investment appetite in both segments.
Romania's industrial and logistics space market continued to grow in 2024, with deliveries of approximately 400,000 square meters, bringing the total stock to 7.4 million square meters, according to the annual report published by Colliers. Representatives of the real estate consultancy say that the current stock of industrial and logistics spaces, estimated at 8 million square meters by the end of 2025, remains modest compared to countries such as Poland, which has a volume four times larger.
VGP, a European provider of high-quality logistics spaces and semi-industrial real estate, has started the construction works to expand building B at VGP Park Brașov. This phase will add an additional 13,813 m² to the existing 20,920 m² already leased, thus addressing the growing demand for modern logistics spaces in the region.
ORESA INDUSTRA announces the expansion of the area of the SOLO logistics park in Letcani commune, Iași county, which will reach over 35,000 m2 in the second half of 2023. After obtaining the construction permit, the company will build a new warehouse of 10,000 m2, available for rent to companies national and international with local logistics needs.
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.
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