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Warehouse Market News

Deloitte Romania assisted the industrial and logistics real estate developer WDP in the acquisition of a portfolio of three logistic parks jointly owned by Globalworth and Global Vision

Deloitte Romania assisted the Belgian industrial and logistics real estate developer WDP in the acquisition of Global Logistics Chitila, Targu Mures Logistics Hub and Black Sea Vision, from a joint venture between Globalworth and Global Vision. The three acquired entities own a portfolio of assets comprising three warehouse projects of 136,374 sqm and a large plot of land in Constanta, with a total potential gross leasable area (GLA) of over 300,000 sqm, for development in the near future. The transaction was signed in June and closed in July 2024, having an estimated value of 110 million euros.

German automotive supplier Anton Haering to build a factory in Siret Industrial Park, following 60 million euros investment

German auto parts maker Anton Haering will build a factory worth around 60 million euro ($65 million) in Romania's northern town of Siret, Suceava county, over the next three years, according to the town's mayor, Adrian Popoiu.

Saint-Gobain completes new plasterboard plant in Romania following 50-million-euros investment

Saint-Gobain Romania announces the successful launch of the second plasterboard production plant in Turda, following the conclusion of several production tests that started at the end of last year and the finalization of a complex handover program.

The fashion retailer LPP expands by 40,000 within CTPark Bucharest West

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces LPP, one of Central Europe’s fastest growing fashion retailers is moving into a new e-commerce facility at CTPark Bucharest West. LPP, which is already an occupier at the Park is together with CTP, extending its current building to support the delivery of the new facility. This will take LPP’s total footprint at the Park to around 90,000 sqm with the new e-commerce facility comprising around 40,000 sqm with the remainder of the building being used as an LPP distribution centre.

Global Vision launches its own investment platform, after the succesful sale to WDP of the assets owned in joint-venture with Globalworth

Global Vision, a leading name in the Romanian real estate sector, with more than 20 years of extensive expertise in construction, development, and asset management, is proud to announce its future plans after the landmark transaction with WDP Romania, a renowned investor in the European real estate market, transaction that consisted in the sale of 136,374 sq m of leasable area and a plot of land in Constanța by the joint venture between Global Vision and Globalworth.

VGP Park Bucharest North Welcomes DHL Express to its New State-of-the-Art Logistics Center, Advised by CBRE Romania

CBRE Romania announces that DHL Express, the global leader in international express courier services, will open a new logistics center in VGP Park Bucharest North, located in the immediate vicinity of Bucharest, in the town of Ștefănești. The lease of the new center's space, with an area of 4,109 square meters, was facilitated by CBRE Romania.

CTP completes first phase of CTPark Arad West: 23,000 sqm delivered and another 20,000 sqm ready for tenant fit-out

CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the successful delivery of 23,000 sqm from CTPark Arad West project, with an additional 20,000 sqm ready for tenant fit-out. The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB, and provides state-of-the-art facilities for logistics and production activities.

Gebrüder Weiss: 30 years in Romania — €90 million total investments, 9 logistics hubs and €94 million revenues in 2023

The international transport and logistics company Gebrüder Weiss is celebrating 30 years of business in Romania this year. Started as a small freight forwarding agency in 1994, the company has undergone an impressive development in three decades and is now a well-known full-service logistics provider on the domestic market. During this period of time, the company has consistently invested in the development of its network of hubs, strategically located in the country’s areas of interest, but also in the diversification of the services offered to clients and in the digitization of processes.
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