Globalworth and Global Vision announce new tenants for the first phase of the Constanța Business Park project. Mobexpert is among the new members of the Globalworth Industrial community, Globalworth's logistics and light industrial sub-brand. The leading company on the Romanian furniture market leased an area of approx. 2,000 sqm. Continuing the global eCommerce growth trend, the space will include office and storage areas meant to serve Mobexpert’s clients in South-Eastern Romania.
The pandemic year turned out to be a bumper year for industrial and logistics, with total demand increasing by a staggering 72 percent over 2019, to nearly 784,000 square meters of leasing deals. A large part of the record demand came from various retailers, including FMCGs, expanding their presence nationwide, and various companies, not just pure e-commerce players, looking to branch out in the online sales segment, shows the annual report released by Colliers.
The Belgian developer of logistics spaces WDP, in the top 3 developers and owners of logistics and industrial spaces in Romania, will expand the logistics park in Ştefăneştii de Jos, Ilfov County, by developing a distribution center for the Polish online footwear retailer CCC, which also has in its portfolio the site epantofi.ro (with the Polish name of Eobuwie).
The Romanian real estate investment market grew in 2020 despite the pandemic context and closed the year with a total value of investment transactions worth almost 900 million euro, which represents almost 8.5 percent of the total 10.4 billion euro investment volume recorded by the 6 largest countries in Eastern Europe, according to Colliers latest report.
South African Fortress Investment Fund, which owns 23% of NEPI-Rockcastle shares, is discussing with Dedeman and Element Industrial the takeover of an industrial park in the Chitila-Buftea area to acquire the ELI Park 1 logistics park in Chitila, according to real estate sources, quoted by ZF.
Mega Image becomes the tenant of Globalworth and Global Vision, in Chitila Logistics Hub. The food retailer leased a warehouse with a total area of 4,500 square meters, with temperature-controlled areas and office spaces within the logistics hub developed in the northwest of Bucharest.
The developers of industrial and logistics spaces completed last year new projects with an area of about 600,000 square meters, thus maintaining the investment plan announced at the beginning of the year, despite the COVID-19 crisis.
Carrefour extends the lease for a space of approximately 85,000 sqm in the P3 Bucharest A1 industrial park, in the west of Bucharest, this being one of the largest transactions in the local logistics market.
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