This is the largest transaction in the industrial and logistics market in Romania this year, accounting for about a quarter of the total leased area in the first nine months of the year and it was brokered by JLL.
"Together with Metro, we conducted a structured process with a strict timetable that allowed us to conclude the lease in a short time of only six months. It was a complex process considering that Metro's requirements aimed at both warehouses for goods that needing both controlled and ambient temperature. The biggest challenge, however, was to set out all the details to successfully complete a record transaction of more than 58,000 square meters", said Costin Bănică, the director of JLL Romania's industrial department.
By enhancing logistics activities, Metro also tries to prevent the problem of the availability of labor, one of the biggest difficulties facing the local logistics sector.
"The West of Bucharest, the most important destination for logistics activities in recent years, is experiencing a shortage of specialized workforce, companies operating there are in a position to attract personnel from 50-60 km away," says statement.
At the same time, the consolidation of logistics operations of retail networks to optimize the distribution chain is an increasing trend on the local market that crosses one of the most dynamic periods in the last 2-3 years, according to the company.
"Stefanesti offers all the advantages of an emerging area, including greater availability of labor. In addition, Metro has appreciated the advantage of being in an area where well-developed infrastructure is provided - the Ring Road with expressways and connections very good with the A1 motorway to Pitesti and with Bucharest", said Viorel Opaiţ, director of development JLL Romania. (source: profit.ro)
