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Warehouse Market News

Fire protection systems: 10 things to check when closing/opening a commercial, logistics or office space

As COVID-19 continues to close certain logistical, commercial, or office spaces, companies need to ensure that fire detection and extinguishing systems are functional and that they can protect people's lives, the value of stored goods, and the building.

Continental invests over 33 million euros in Timisoara in the research and development center

Continental Automotive Systems has started the works to expand the research and development center in Timisoara. The investment in the new building amounts to over 33 million euros.

Rosti rented 11,300 sqm industrial spaces for a new manufacturing premises near Ploiesti

Rosti Romania, owned by the Swedish company Rosti Group AB, has leased an area of 11,300 sqm industrial spaces in Paulesti, near Ploiesti, developed and rented out by the Belgian logistics real estate expert WDP.

Urbano Parks completes the first stage of the 24,500 sq m logistics park in the western part of Cluj-Napoca, an investment of 14 million euros

Urbano Parks, a company founded by entrepreneurs Mircea Ilea, Alexandru Şerban and Daniel Paraschiv from Cluj-Napoca, announced that over 95% of the construction works in phase I have been completed, and the infrastructure part of the park, interior installations and office finishes are in progress.

In the last five years, Bucharest has been the most dynamic logistics market in the region

The stock of industrial and logistics spaces in Bucharest has doubled between 2015 and 2020, the capital of Romania being the most dynamic market in the Central and Eastern European region and a logistic regional hub throughout the analyzed period, according to the real estate consulting company Cushman & Wakefield Echinox.

Office and warehouse project in Bucharest, on hold due to pandemic

The local entrepreneur Daniel Guzu has stopped for the moment the development plans of a warehouse and an office building, located on the Bucharest-Ploiești Road, on a 6,700 sq m plot.

Element Industrial launches Eli Xpress, a new proximity storage concept

Element Industrial, one of the youngest players on the logistics space market in Romania, launches a new line of business based on the concept of proximity storage.

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.

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