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.
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, 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.
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.
RetuRO, the administrator of the Deposit Return System, is opening its fifth counting and sorting center in Nicolae Bălcescu, Bacău County. Located within the ELI Park Bacău industrial park, the center will manage and process beverage packaging collected both manually by retailers and through Return Vending Machines (RVMs).
PepsiCo, a global leader in the food and beverage industry, today announced the opening of an automated warehouse at its snacks factory in Popești-Leordeni. This milestone marks the completion of a strategic investment project valued at over 100 million USD.
VGP, a European provider of high-quality logistics and semi-industrial real estate, announces the completion of the 8th building of VGP Park Timisoara with the handover of the warehouse to Continental Tires Timisoara which will use approximatively 20,000 m² for its tyre storage operations.
Large infrastructure investments, significant salary growth above inflation, a stable external economic context, and central banks’ victory in combating inflation are helping the Romanian real estate market maintain a favorable outlook. However, results are generally mixed, according to Colliers Romania experts in their market report for the first half of the year, set to be released at the end of the month.
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