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 market of industrial spaces continues to develop in the western part of the country, after the stock has doubled in the last 10 years, becoming the second largest market after Bucharest, according to CBRE data.
The real estate consultancy company Colliers International Romania has been assigned to offer property management services for the first phase of the industrial park ELI Park 1, with a total area of 20,000 sqm.
Element Industrial announces the completion of the first phase at ELI PARK 1 Chitila. The warehouse, with an area of 20,000 sq.m, is rented to Turkish-based appliances producer, Arctic. The company has already begun its operations in the new logistic space.
Dedeman Group and Element Industrial announce entering into a partnership to jointly invest in the development of ELI PARK 1 logistic and industrial project, located in Chitila-Buftea area, which is transforming in a new proximity logistic hub for Bucharest.
Element Industrial announces the development of a 60,000 sqm logistics park in Craiova, a total investment of 35 million EUR. The company will build the industrial project on an 11-hectare plot of land, near the Ford factory and the south ring road of the city, with direct access to the E70. The intention of the developer is to deliver ELI PARK Craiova in three phases, a large-scale logistics park designated to serve the southwestern part of the country.
The industrial sector could attract up to 750,000 sq m of logistics projects by the end of this year, and Romania could establish a new record, Dunwell estimates.
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