Shoe e-commerce retailer Kalapod and NOVOMATIC, one of the best-known gaming companies in the field of gambling, recently joined the Eli Park 1 community in the Buftea-Chitila area, where they rented over 7,000 sq m of class A warehouses to expand their storage capacity in the vicinity of Bucharest.
The real estate developer QUALIS, with two residential projects under construction in Brașov, is expanding its portfolio into a new niche. The latest project is based on the concept of local production and storage and is materialized in the form of a logistics park that includes multiple elements of sustainability.
The real estate developer from Cluj-Napoca, Urbano Parks, consolidates its role in supporting the logistics sector by starting the collaboration with Sameday, the Romanian courier company that has registered the most spectacular growth in recent years.
CTP, the largest owner and developer of logistics and industrial spaces in Central and Eastern Europe, continues to diversify its projects on the local market and will build the cargo terminal at Oradea Airport. The company was selected to carry out the project following a tender held in August 2021.
The volume of transactions with commercial real estate projects could amount to EUR 900 mln this year in Romania, a level similar to that recorded in 2020, according to firm JLL.
In the first semester of 2021, 360,000 square meters of logistics and industrial spaces were leased, a 21% increase compared to the similar period of the previous year, according to the Cushman & Wakefield Echinox real estate consulting company. 200,000 square meters were transacted in the first three months of the year, while developers closed transactions for spaces with a total area of 160,000 square meters in the second quarter.
CTP N.V., CEE’s largest logistics property owner and developer listed on Euronext Amsterdam (ticker symbol: CTPNV), today announces its results for the first half year of 2021. CTP reports strong half year results and is well on track to further accelerate its development, raising its GLA growth target to beyond 7.7 million m² by year-end 2021, up from 7.5 million m² as guidance at its IPO end of March 2021.
THETA Furniture & More, one of the largest players in the interior fit-out segment in Romania, announces the start of construction works for its new production factory, near Bucharest, with approximately 5.000 sqm capacity. Using cutting-edge technology, the factory will produce custom-made furniture and it is planned to start operations early 2022.
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