The DPD courier company continues its expansion in Romania by leasing 3,500 sqm of warehouse spaces in the VGP Park Arad project, located near the A1 highway, a transaction brokered by the industrial department of the Cushman & Wakefield Echinox real estate consultancy company.
The Bucharest office market returned to pre-pandemic levels, the industrial and logistics spaces are going from strength to strength, while the investment market could reach its highest level in more than 10 years, according to Colliers’ Mid-Year Report for 2022.
Norofert S.A., the main producer of organic inputs in Romania and an experienced player in the agricultural market, announces the commissioning of a high-capacity production line for soil fertilizers, at the production facility in Filipeștii de Pădure.
The transport and logistics industry is on an upward trend in Romania, amid the explosion of demand in eCommerce, despite inflation and the geopolitical context, according to DSV Solutions, the third largest global provider of transport and logistics services.
542,000 sq. m of industrial and logistics spaces were leased in H1 2022, a 50% increase compared with the same period of 2021, according to data from the Cushman & Wakefield Echinox real estate consultancy company. The volume transacted in Q2 was of approximately 240,000 sq. m, which was added to the Q1 take-up of more than 300,000 sq. m.
The total stock of SBU (Small Business Units) / LML (Last Mile Logistics) space in the CEE-15 countries (Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Montenegro, Poland, Romania, Slovakia and Slovenia )accounts for over 3 million sq m, but the development of this market is not evenly spread in this region.
CTP, the largest listed developer and manager of industrial and logistics space in Continental Europe, is expanding the CTPark Craiova East industrial park with a new building that will be delivered by the end of the year and is already fully leased. The pharmaceutical group A&D Pharma – Dr.Max Group, already present in the CTP portfolio, is one of the tenants of the new warehouse.
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