ELI Parks, one of the most active developers of logistics and industrial parks in the Romanian real estate market, announces the signing of a long-term lease agreement with Sika Romania, a manufacturer of construction products and solutions, addressed to the various phases of construction in residential structures, industrial and engineering. The agreement includes a logistics space within ELI Park 4 Bucharest.
H.Essers is expanding its footprint in Romania. It is constructing a new warehouse for crop protection products and seeds for Agricover, a major player in agribusiness in the Romanian market. This new development, encompassing 10,000 m² of new warehousing capacity on H.Essers’ high Seveso site in Bolintin Deal, enhances Agricover’s logistics capabilities and marks the next level in the partnership between Agricover and H.Essers.
Alpha Bank Romania SA and Alpha Bank SA, acting as coordinating banks together with BRD Groupe Société Générale SA and ING Bank Romania, have successfully arranged a syndicated loan facility totaling EUR 200,000,000 for CTPark Romania.
Xanga Group, one of the largest developers of industrial parks in Hungary, got under concession 4.3 hectares in the Câmpu Frumos Industrial Park, established by the Sfântu Gheorghe City Hall in central Romania, and it plans to build, in the first phase, two multifunctional halls with office spaces, for production and logistics.
The developer Globalworth has announced that it is selling part of its logistics portfolio in Romania to CTP. The value of the transaction could exceed EUR 170 million. Globalworth has announced that it is selling five logistics parks, with ten facilities in Timișoara, Arad, Oradea and Pitesti that it owns 100 percent. The majority holdings in two other small projects in Bucharest are also sold.
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.
2023 ended with solid activity levels for industrial and logistics, with some 770,000 square meters of leasing deals closed, a slight decline from 2022’s record level of 830,000 square meters, according to the annual report released by Colliers.
Noark Electric Romania, a subsidiary of Noark Electric Europe, a company that develops, manufactures and markets electrotechnical components and low voltage equipment for residential, commercial and industrial applications, announces the inauguration of their logistics center in Romania, which will serve the countries in the region.
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