Demand improved during the second quarter, while deliveries are limited and vacancy rates continue to fall, according to the Bucharest City Report Q2 2022, published by real estate consultancy JLL.
VGP NV, a European provider of high-quality logistics and semi-industrial real estate, recently, announced the results for half-year ended 30 June 2022.
Enel X Romania, the advanced energy services division of the Enel Group, is currently building a solar park with a total installed capacity of almost 3 MW for logistics real estate specialist WDP (Warehouses De Pauw Romania).
UK-based commercial property fund manager and investor First Property Group completed the sale of Tureni Logistic Warehouse, with a total area of about 8,300 square meters, in a transaction brokered by the real estate consultancy company Colliers.
CTP, the largest listed developer and manager of industrial and logistics space in Continental Europe, continues to develop its portfolio in Romania with a new industrial park in Arad. CTPark Arad West is strategically located with easy access to the western part of the city, close to the DYI centres and benefits from both public transport and a very good connection to the A1 motorway, less than one km away.
Romanian industrial and logistic developer, Element Industrial and Slovakian sustainable energy solutions provider, TESLA Group have recently signed a long-term partnership in which TESLA will produce and operate photovoltaic energy on the rooftops of the ELI Parks projects.
One of the largest premium brands in Switzerland, Calida Holding - focusing on underwear and furniture - will open a factory in central Romania (Sibiu region) this month, where approximately 100 people will work.
Real estate investment transactions estimated at around EUR 1.2 billion are currently in various stages of negotiation in Romania as the appetite for income-generating assets remains high, according to data from the real estate consultancy company Cushman & Wakefield Echinox.
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