The market of industrial spaces continues to develop in the western part of the country, after the stock has doubled in the last 10 years, becoming the second largest market after Bucharest, according to CBRE data.
WDP, developer of logistics and industrial spaces with Belgian capital, plans to develop 10,000 sqm of warehouse spacenear Bucharest, in Ştefăneştii de Jos (Ilfov county) for sports retailer Decathlon.
Overall, industrial and logistics take-up increased some 40% in the first three quarters of 2019, to 306,300 sqm, but this figure is nearly 27% below 2017’s same period. 2019 still looks like a solid year overall (including the fourth quarter).
Vivre has taken over a new logistics warehouse with a total area of 6,500 m2 and a capacity of approximately 9,000 large pieces of furniture. The value of the investment in logistics reaches 500,000 euros.
The Chinese investment fund CEE Equity Partners made the payment to Brise Group, one of the largest agribusiness groups in Romania, in the transaction announced in April, for the modernization and development of cereal silos of the Romanian group.
Warehouse & Distribution De Pauw (WDP), the Belgian developer of logistics and industrial space, declared revenues of 73 million euros in the first quarter of this year. Thus, WDP registered an increase of 12.5% compared to the same period last year, according to the last financial report of the company.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.