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Related news

2024 is shaping up to be another strong year for the industrial and logistics market

The first three quarters of 2024 saw positive developments in Romania’s industrial and logistics real estate sector. Total rental demand reached 520,000 square meters from January to September, marking an 8 percent decrease from the same period last year, according to Colliers data. This data includes only public rental transactions reported in the local real estate forum or publicly disclosed by companies through financial reports and press releases.

Cummins extends lease for 17,000 sqm in CTPark Craiova

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the extension of the contract for 17,000 square meters of space at CTPark Craiova with Cummins Generator Technologies, a market leader in power solutions and a subsidiary of global power leader Cummins Inc.

Romania represents almost 12% of the industrial stock in CEE and the prospects are for sustained growth and performance

Romania's modern stock of industrial and logistics space reached 7.1 million square meters last year, which is the third largest I&L market among the 13 largest economies in Central and Eastern Europe, and developers have construction of more than 500,000 square meters of modern premises, according to the report "ExCEEding Borders | Navigating the Industrial Landscape and Workforce in CEE-13" published by Colliers.

Romania is experiencing the strongest acceleration of industrialization in the European Union

Investment in production machinery and military equipment in Romania increased by 80 percent last year compared to the pre-pandemic period, well above the EU average of 30 percent, according to Eurostat data analysed by Colliers.

Hexing invests heavily in 8,000 sqm facility at Globalworth Timisoara Industrial Park I

The new facility of Hexing Technologies Europe SRL, a subsidiary of the Hexing Group and a leading green energy solution provider, set within the thriving Timisoara Airport Park, will serve as a hub of innovation, extending Hexing's digital energy service footprint across Europe.

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