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Warehouse Market News

DAAS Romania chooses ELI Parks for a new 9000sqm built-to-suit warehouse in Ploiești

DAAS, part of the EPTA group, begins partnership with ELI Parks for the development of a new logistic and administrative center in Ploiești.

Q3 sets the stage for the fifth consecutive year of growth on the industrial market

The evolution of the Romanian industrial market in the first nine months of the year confirms analysts' expectations regarding the possibility of setting a new historical record by the end of 2022, thus continuing an upward trajectory started in 2018.

Real estate assets’ values in Romania are under pressure amid accelerating growth in government bond yields

Romania’s 10-year Eurobond yield has recently surpassed the 8% level compared to below 2% three years ago, while for countries in the region, as well as for major economies such as Germany, the increase has been significantly lower.

The Real Estate and Construction sector has attracted around 12 billion euros of FDI in the last 10 years

The real estate and construction sector has attracted around 12 billion euros of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the overall FDI stock increased to a level of 17.4% at the end of 2021, compared with 9.2% in 2012, according to data from the National Bank of Romania analyzed by the Cushman & Wakefield Echinox.

CTPark Bucharest West strengthens its position as a regional distribution hub

CTP has signed a new partnership with Kuehne+Nagel for the development of a 50,000 m2 regional distribution center that will serve the markets of Romania, Bulgaria and Greece

2022, another record year for the industrial & logistics segment

The number of international retailers that chose to implement and consolidate logistics hubs in our country is on an upward trend, setting 2022 on a course to reach the highest record in history for the industrial segment and the trend will continue next year, according to CBRE Romania.

Logicor expands Bucharest II Logistics Park with an additional 21,200 sqm of prime warehouse space

Logicor, a leading owner and manager of logistics real estate in Europe, has completed the development of c.21,200 sqm prime warehouse space in the Logicor Bucharest II, 10 km northeast of Bucharest city centre.

Cargus is the first resident of CTPark Oradea Cargo Terminal

CTP, the largest listed developer and manager of industrial and logistics spaces in Continental Europe, is expanding its collaboration with Cargus, one of the largest courier companies in Romania, in CTPark Oradea Cargo Terminal. The courier company, already present in the CTP portfolio, is the first to sign a lease contract, for an area of 3,400 sq m, in the only industrial park in Romania that with air cargo terminal.

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