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Warehouse Market News

SPEEDWELL launched the second edition of its Sustainability Report

SPEEDWELL, one of Romania's most active real estate developers, launches its 2023 Sustainability Report. The official ESG reporting document highlights, both the initiatives and main sustainability strategies developed, as well as the company's internal resources and its impact at all stages of development, from concept to project delivery.

Crane ChemPharma leases 3,000 sqm within Industra Park Arad

Crane ChemPharma & Energy, a global industrial manufacturer and subsidiary of Crane Company, secured a lease for 3,000 square meters of production space within Industra Park Arad in Romania, developed by Oresa Industra. This transaction was brokered by the real estate consultancy firm Cushman & Wakefield Echinox.

Colliers Romania promotes Alexandru Atanasiu to Head of Construction Services

Colliers announces the promotion of Alexandru Atanasiu to Head of Construction Services and Member of the Board of Directors. Previously, he held the position of Deputy Head of Construction Services and Asset Services.

The evolution of the mergers and acquisitions market in Romania decreased by 6.2% in the first 9 months of 2023

The Romanian mergers and acquisitions (M&A) market recorded 124 transactions in the first half (H1) of 2024, with a total estimated value of USD 2.3 billion, down 6% in volume compared to the 132 transactions, estimated at USD 3.7 billion, recorded in the similar period of 2023, according to an analysis by EY Romania sent on Friday.

Globalworth could soon exit Romanian logistics market

Real estate developers Globalworth and Global Vision are negotiating with the Belgian group WDP for the sale of three logistics parks they jointly own in Romania, according to sources in the market, a transaction that will represent the exit of Globalworth from the Romanian logistics market.

INATECH Group reports business of €8.5 million, slight growth in all divisions and exports

INATECH Group announces business of €8.5 million and a slight increase in all divisions in 2023, in a slightly uncertain economic context, where overall consumption has been tempered. INATECH's biggest increases have been recorded in the export segment, through which it aims for a more accelerated expansion in Central and Eastern Europe in the coming years.

Offices are increasing demand within logistic warehouses

A new trend is being observed in the logistics space industry. According to an analysis conducted by the developer and operator Transilvania Construcții, companies that rent storage spaces are increasingly requesting office spaces next to their logistics activities.

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.
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