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Warehouse Market News

Find new solutions to optimize building performance at the Property & Facility Management Conference 2025!

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.

Record-Breaking Year for MLP Group

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 Announces Full Leasing of Phase 1 and Expansion Plans

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.

Paragon Plans to Build a New Printing Materials Factory in Buftea on 7,600 m2 area

Paragon, an Irish-based group specializing in printing materials production, plans to build a new factory in Buftea on a 20,000-square-meter plot, according to documents reviewed by Profit.ro. The new production unit will be approximately one-third larger than the company’s existing printing facility in Otopeni.

H&M opens a distribution center on 88,500 m2 in CTPark Ploiești 1

Retailer H&M will open a distribution center in Romania, near Ploiești, 14 years after entering the local market. According to Cushman & Wakefield data, cited by economica.net, this is the largest warehouse delivered last year on the Romanian logistics and industrial market.

The logistics transaction of the year awaits the green light from the Competition Council

CTP, the largest owner of industrial and logistics parks in the region, plans to acquire one of its main competitors on the local market, P3 Bucharest, which owns a 104,000 sqm project in western Bucharest. CTP could cross the three million sqm threshold of warehouses locally.

Maciej Müldner appointed as new CFO of MLP Group

MLP Group, a leading European logistics and industrial real estate platform, is strengthening its financial structures. Maciej Müldner has been appointed as the new Chief Financial Officer (CFO). An experienced executive, he has spent nearly 20 years contributing to the success of the Skanska Group in Central Europe. His expertise in corporate finance at the European level will support the continued dynamic growth of MLP Group.

Increased supply of industrial & logistics spaces in 2024, as the stock reached almost 7.6 million sq. m

Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting a 27% growth when compared with 2023, while the total industrial & logistics stock in Romania reached almost 7.6 million sq. m at the end of Q4. The development activity returned to growth during 2024, after a year (2023) which witnessed a 46% y-o-y decrease of the new supply, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
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