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Warehouse Market News

CONSTANTA BUSINESS PARK, close to the delivery of the first logistics unit

The first unit within the largest business park in southeastern Romania - Constanța Business Park - is nearing completion.

Profi expands its logistics space with two new industrial transactions signed with WDP this year

The retailer Profi rented over 100,000 sq m in two warehouses that will be built by the Belgian operator WDP in Timişoara (58.000 sqm) and Craiova (57.000 sqm), investments valued at 70 million euros, part of the strategy to expand logistics operations.

Electro-IT and Home & Deco online retailers could expand their logistic facilities with 50 pct

Online retailers operating in the Electro-IT and Home & Deco sectors occupy approximately 370,000 sq m of storage space and this area could increase by at least 50% in the next two years, amid the development of online commerce, according to the Romania E-Commerce research report released by CBRE.

TeraPlast rents 5,000 sqm warehouse in Mega Distribution Center Chiajna

Dunwell Romanian company TeraPlast will occupy an area of 5,000 sqm (1,500 sqm of warehouse and 3,500 of external platform) in the warehouse of Mega Distribution Center, in Chiajna.

Study: Impact of COVID-19 pandemic on companies

While the spread of the COVID-19 coronavirus continues to have major implications for public health and economic stability around the world, Colliers conducted surveys among the main occupiers in Romania, mainly between 6th and 10th of April, 2020, within 106 companies.

Recommendations for resuming work at the office after May 15

The real estate consulting company Cushman & Wakefield Echinox has formed a multi-disciplinary team to meet the needs of the employers who are preparing the gradual return of employees to office space.

Health and safety measures and technology are on everyone’s agenda

The immediate impact of COVID-19 pandemic in the real estate market will be felt during the second quarter of the year while on the medium and long term the focus will be on health and safety measures as well as on technology, these are the main take away from the Romania Call Flash, organized by CBRE, the leader of the real estate consultancy market.

Why the most significant macroeconomic risk is not the upcoming recession, but the collapse of the Euro and the European Union

Ten years after the credit crisis, the European Union demonstrates that it has learned very little on how to unite and decisively take pan-EU measures to tackle crisis and support recovery.

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