VGP NV, a European provider of high-quality logistics and semi-industrial spaces, achieved a net profit of 287 million euros in 2024, marking an increase of 229% compared to 2023. The company's net asset value increased by 8.4%, reaching 2.4 billion euros, reflecting its strong financial stability and long-term growth strategy.
Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling €1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. Their market share accounted for approximately 39% of the total transaction volume of €4.5 billion during the analyzed period.
ELI Parks has signed a new lease agreement with FAN Courier, Romania’s leading courier service provider, for a 4,800 sqm space, a transaction brokered by Dunwell.
Industrial developer CTP has announced the expansion of its collaboration with freight transport manager Delamode at the CTPark Bucharest industrial park.
The mergers and acquisitions (M&A) market in Romania recorded one of the highest levels in the last five years in 2024, according to an analysis conducted by Deloitte Romania. With 151 transactions of over 5 million euros, whose total estimated value is between 5.7 and 6.1 billion euros and 5.2 billion euros, without the mega-transaction through which PPC took over the renewable energy portfolio from Evryo Group, the local market last year approached the record level of 2022, when there were 155 transactions with an estimated total value of approximately 5.2 billion euros (excluding the two mega-transactions in 2022, which totaled 1.7 billion euros).
The event that brings innovative solutions for property management and building maintenance to the forefront returns with a new edition. Property & Facility Management Conference 2025 will take place on March 18, at the JW Marriott Hotel in Bucharest.
MLP Group, a leading European logistics and industrial real estate platform, recorded its strongest leasing performance to date in 2024. Over the year, the Group leased a total of approximately 305,000 sqm of space, including 225,000 sqm under new contracts – an 82% increase year on year. During this period, MLP Group secured 22 new clients, while 20% of total leasing activity came from existing tenants.
ELI Park Iași has successfully leased Phase 1, covering 21,000 square meters, attracting five major tenants from key industries, including pharmaceuticals (Dr. Max), beverages, retail, and HVAC & heating installations (Uniprest). This milestone reinforces ELI Park Iași's position as a leading logistics and industrial hub in the region.
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