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.
The Romanian industrial and logistics market has grown remarkably, in as far as the intensity of both developments and national freight transport is concerned. According to the real estate consultancy company Colliers International, the most active logistics hubs besides Bucharest are Constanta – the eastern most urban center, Alba – located almost centrally and Timis – the most western county in Romania, as these four markets together account for almost a quarter of the national goods transported in Romania via roads.
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