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Warehouse Market News

Belgian developer WDP acquired Arad Business Park

Arad Business Park, with a total area of about 42,000 square meters, was acquired by Belgian developer WDP, in a transaction advised by Colliers.

Almost 500,000 sqm of logistics spaces were leased in the first half of 2022

Approximately half of million sqm of logistics spaces was leased in Romania in the first semester of the year, according to the Romania Market Outlook 2022 research mid-year report, launched by CBRE Romania, the leader of the real estate consultancy market. The total leasing activity during H1 2022 is 38% higher than the amount transacted in the same period last year.

The Romanian investment market grew in the first half of the year, despite uncertainties about the economic and geopolitical situation

The first half of 2022 closed with a total value of investment transactions worth 336 million euro in Romania, up by c.13% compared to the first semester of 2021, with office assets accounting nearly 63% of volumes, according to Colliers market report for the first semester of 2022.

WDP buys the production halls of the Taparo group in Maramureș

The Belgian real estate developer WDP bought several buildings in Târgu-Lăpuş and Baia Mare from the furniture manufacturer Taparo and from the supplier of textiles for the sanitary industry Techtex, part of the same group, according to Ziarului Financiar.

PM Group selects ELI Park 3 project for the new distribution hub in the Bucharest area

PM Group, manufacturer and distributor of technical products and accessories for heat-insulating carpentry, part of the Turkish group PM, expands its activity on the Romanian market with a new distribution center of 2,200 sqm. at ELI Park 3.

UPS to Acquire Multinational Healthcare Logistics Provider Bomi Group

UPS recently announced plans to acquire Bomi Group, an industry-leading multinational healthcare logistics provider. The transaction will add temperature-controlled facilities in 14 countries and nearly 3,000 highly-skilled Bomi Group team members to the UPS Healthcare network in Europe and Latin America.

The investment volume reached EUR 323 mln in H1 2022

The total investment volume in Romania reached EUR 323 mln in the first half of 2022, 6% higher compared with the amount transacted in the same period of the previous year, according to the Romania Real Estate Market Outlook 2022 research special report, launched by CBRE Romania.

SLS Cargo is expanding its leased area in the P3 Bucharest A1 logistic park

P3 Logistic Parks ("P3") announces the extension of the lease agreement with the transport and logistics operator SLS Cargo, which adds another 11,412 square meters to the area already leased, in a transaction brokered by JLL Romania.
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