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Warehouse Market News

MLP Group reports growth in revenue and net profit for the first three quarters of 2024

MLP Group, a leading European platform for industrial and logistics real estate, continues its dynamic expansion across key markets. Responding to the increasing demand for warehouse space, the Group is bolstering its market position through strategic investments and agile portfolio management strategies.

Property investments in Romania soar to €655 million over nine months

Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.

Henkel becomes the newest tenant of the Equilibrium office project in Bucharest, developed by Skanska

Henkel has rented around 4,000 square meters for its new headquarters located on the 10th and 11th floors of the Equilibrium 2 building, delivered by Skanska in December 2022, according to the online publication profit.ro.

VGP Park Timișoara welcomes a new tenant, Rondocarton, a supplier of sustainable cardboard and corrugated packaging solutions

VGP, a European provider of high-quality logistics and semi-industrial real estate, has leased a 4,580 m² space to Rondocarton Romania at VGP Park Timișoara for storage operations. This partnership underscores VGP’s commitment to supporting the expansion of innovative and sustainable companies like Rondocarton by providing efficient and eco-friendly industrial spaces.

Interviews

Space Sanitation Recommendations for Industrial Premises - An Interview with Gabriel Munteanu, CEO Compania DDD

"We recommend that owners and operators of industrial premises carry out periodic assessments and implement solutions adapted to the specifics of their activity. Close collaboration and effective communication between the client and the disinfection, disinfestation and rodent control service provider are essential to ensure maximum effectiveness of interventions and to prevent potential risks".

ESOP Consulting, one of the pioneers of modern office and industrial space brokers

ESOP Consulting is a reference company on the real estate market in Romania, being among the top 10 consulting companies in the office and industrial space segment, offering real estate consulting services for various types of properties, including offices, industrial properties and land. We spoke with Alexandru Petrescu, Managing Partner ESOP Consulting | CORFAC International, to learn in detail the ingredients of a successful local business in the field of premium real estate consulting, but also for a lesson in organization, vision and business clarity, useful for any real estate entrepreneur, as wel as for any company that has, at some point given, interference with the real estate market (whether it is the rent of a premises or the management of its own assets). And last but not least, to turn a page in the modern history of the real estate market in Romania.

Tenants

Date Business Center Tenant m2 Lessor
2024 Q4 VGP Park Timisoara Rondocarton România 4580 VGP Park
2024 Q4 CTPark Deva FAN Courier 4500 CTP Romania
2024 Q4 ELI PARK Iasi Dr. Max 11800 ELI PARKS

More Transactions »

Best of 2024

  • Largest Rental:

    CTPark Bucharest West - CTP Romania, with 65000m2 rented space

  • Most Active Warehouse Building:

    CTPark Bucharest West, 3 rentals, with 115500m2 rented space

  • Most Active Lessor:

    CTP Romania, 5 transactions, transactions total space: 126300 m2

Advice from Experts

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ADINA CAMARA

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ALEXANDRA FILIP

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