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Warehouse Market News

VGP starts the development of a new logistics park in Brașov

VGP, a pan-European supplier of high quality logistics and semi-industrial real estate, announces the beginning of the development of its new business park in Brașov, in the central part of Romania.

Cargus opens the second warehouse near Bucharest, with an investment of 7.4 million euros

Cargus, one of the most important courier companies in Romania, announced the inauguration of the second warehouse near Bucharest, in Dragomirești-Deal (Ilfov).

Trutzi Romania aims at new investments in expanding production and logistics capacity

The manufacturer will continue the investments in the logistics area, by expanding the capacities of the nine warehouses it owns.

Austrotherm to expand factory in Roman with EUR 3 million state aid

Austrotherm Romania, one of the biggest producers of construction materials in Romania has successfully managed to get financing for a project worth 3 million euros in order to extend the production capacity of extruded polystyrene (XPS) at the Roman (Neamț county) plant.

Bebe Tei consolidates its distribution center in Bucharest within Metav industrial park

The Tei Group, which includes the Farmacia Tei network of pharmacies and Bebe Tei stores, leased a space of approximately 10,000 square meters in the Metav industrial park in northern Bucharest, to build a semi-automatic warehouse, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox.

The logistics market had its best period during the pandemic, with a record demand from retailers and logistics

The Romanian logistics market will have a record demand in 2020, with a transactional volume exceeding the 700,000 square meters threshold, amid the accelerated development of ecommerce and the positioning of Bucharest as a regional logistics hub for a series of international retailers, according to the data of the real estate consulting company Cushman & Wakefield Echinox.

CTPark Bucharest expands by another 95,000 m2 through the largest acquisition on the Romanian logistics market in 2020

CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, acquires an area of 95,000 m2 of buildings from the Australian group Cromwell Property Group, representing the largest transaction in terms of surface on the Romanian logistics market in 2020.

Survey: Nearly 90% of companies active on the logistics and industrial market in Romania want to ramp up e-commerce

More than 8 out of 10 industrial & logistics companies want to accelerate investments in next 12 months or to keep them similar to recent years, according to a survey conducted by Colliers International among 26 top developers and tenants in the Romanian market.
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