The logistics and industrial park developer ELI Parks, one of the most active on the local market, has signed a long-term lease for a 3,850 sqm space with LPR – La Palette Rouge, within ELI Park Ploiești.
CBRE Romania announces that DHL Express, the global leader in international express courier services, will open a new logistics center in VGP Park Bucharest North, located in the immediate vicinity of Bucharest, in the town of Ștefănești. The lease of the new center's space, with an area of 4,109 square meters, was facilitated by CBRE Romania.
RetuRO, the administrator of the Deposit Return System, is opening its fifth counting and sorting center in Nicolae Bălcescu, Bacău County. Located within the ELI Park Bacău industrial park, the center will manage and process beverage packaging collected both manually by retailers and through Return Vending Machines (RVMs).
VGP, a European provider of high-quality logistics and semi-industrial real estate, announces the completion of the 8th building of VGP Park Timisoara with the handover of the warehouse to Continental Tires Timisoara which will use approximatively 20,000 m² for its tyre storage operations.
Cushman & Wakefield Echinox closed 2023 with a revenue of EUR 12 million, marking a 15% increase compared with the previous year. This impressive growth propelled the company to the second place among real estate consultants in Romania, in a year marked by a stagnation of this particular business segment.
VGP, a European provider of high-quality logistics spaces and semi-industrial real estate, marks a new stage in the development of VGP Park Timișoara by expanding the logistics park, with the construction of the eighth building. With a generous leasable area of 32,768 m², of which 11,575 m² are still available, this new building offers adaptable and efficient spaces to meet the diverse needs of clients.
VGP, a European provider of high-quality logistics spaces and semi-industrial real estate, has initiated the construction of the third building in VGP Park Bucharest North (A3), marking a new milestone in the development of logistics infrastructure in the region. Building A covers an area of 25,950 m2 and has already two significant tenants, who have signed lease contracts for a total of 8,158 m2. This achievement underlines the attractiveness of the project.
Companies leased approximately 200,000 sq. m of industrial and logistics spaces in Q1, the demand being primarily generated by manufacturing companies, FMCG and logistics operators, according to data from the Cushman & Wakefield Echinox real estate consultancy company. Romania ranked second regionally in terms of the Q1 demand, after Poland, the uncontested leader in the Central and Eastern Europe, while surpassing Czechia, Slovakia and Hungary.
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