Real estate agencies traded over 650,000 sq m of storage space over the past year, all over Romania. The vast majority of contracts were for new agreements, a positive aspect for a rather atypical year from a commercial point of view, according to a Dunwell analysis.
Selgros Cash & Carry Romania, one of the most important players on the Romanian retail market, recently opened, in Chiajna, on the Bucharest Belt, a 10,000 sq m logistics platform, through which it will supply its stores with all the products that have need controlled temperature storage.
The pharmaceutical company Fildas recently leased a warehouse with an area of 3,400 square meters and 400 square meters of offices for their regional distribution operations in Brasov, in the project that will be developed by VGP in the western part of the city. The transaction was intermediated by the real estate consulting company Cushman & Wakefield Echinox.
The Tei Group, which includes the Farmacia Tei network of pharmacies and Bebe Tei stores, leased a space of approximately 10,000 square meters in the Metav industrial park in northern Bucharest, to build a semi-automatic warehouse, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox.
The Romanian logistics market will have a record demand in 2020, with a transactional volume exceeding the 700,000 square meters threshold, amid the accelerated development of ecommerce and the positioning of Bucharest as a regional logistics hub for a series of international retailers, according to the data of the real estate consulting company Cushman & Wakefield Echinox.
CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, acquires an area of 95,000 m2 of buildings from the Australian group Cromwell Property Group, representing the largest transaction in terms of surface on the Romanian logistics market in 2020.
The cosmetics, food supplements and parapharmaceuticals company Green Net is already carrying out its activity in Chitila Logistics Hub. It is about a space of 2,500 square metres (offices and storage areas).
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