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Warehouse Market News

Transilvania Constructii acquires industrial park in Arad following 3.5 million Euro transaction

Transilvania Constructii purchased from Comalim S.A. an industrial park located on a 4.4-hectare plot of land in the northern area of Arad, in a transaction estimated at around 3.5 million Euros.

More than 150 buildings received BREEAM and LEED certifications in 2022

In the past 12 months, there were 154 buildings in Romania that received green certifications under the BREEAM or LEED standards, accounting for one-third of all buildings that were certified in the past 14 years, according to data from green building consultancy ADP.

Commercial real estate market, relatively stable in most CEE countries

The year 2022 ended with a record level of investment in commercial real estate, with Romania recording a volume of over €1.2 billion, the highest since 2007.

The land market in Romania just had one of its most active years in history

The volume of land sales for commercial real estate projects in Romania (excluding for traditional industrial and logistics projects) reached approximately 450 million euros in 2022, down from almost c.800 million euros a year earlier, according to Colliers estimates.

The increase of labor, real estate and energy costs places Romania on the 8th position in terms of the most attractive manufacturing markets in Europe

The increase of labor, real estate and energy costs places Romania on the 8th position in terms of the most attractive manufacturing markets in Europe, after countries such as the Czech Republic, Poland, Hungary or Portugal, while also being ranked 22st globally, according to the Manufacturing Risk Index 2022 study, performed by the Cushman & Wakefield real estate consultancy company.

Profi increases leased area in CTPark Bucharest West to 67,000 sqm

Supermarket chain Profi recently announced an increase in the area leased from CTP, the largest developer and administrator of logistics and industrial spaces in Romania, in CTPark Bucharest West.

Elvada and Relive Bike RKS Motor, the new tenants in Constanța Business Park

Elvada and Relive Bike RKS Motor are the new tenants in Constanța Business Park, project developed by Globalworthin partnership with Global Vision, one of the largest business parks in Southeast Europe.

Arhivatorul rents 1,000 sqm at SPACEPLUS, the industrial project developed by SPEEDWELL

SPEEDWELL and Arhivatorul have recently signed a 1,000 sqm lease in the SPACEPLUS warehouse, for a 7-year period. Arhivatorul is expanding its business by renting storage in SPEEDWELL’s project located in north-western Bucharest.
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