CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, announces its expansion plans for the Transylvania region. The developer intends to double the leasable area of logistics spaces in Transylvania by 2023, through investments of EUR 50 million in the expansion of logistics parks around Timisoara. Some of the spaces included in the construction plan are already rented to companies in the logistics and production sectors.
With the end of the year approaching, the impact of the COVID-19 crisis on the global and local economies has become clearer. Despite of the unprecedented situation we are in and the strong blow it dealt to the economy, the Romanian investment market has performed better in the first three quarters of 2020 than in the whole 12 months of 2019.
The developer of logistics parks WDP has completed 157,600 sqm of logistics parks on the Romanian market, in Ștefăneștii de Jos, Sibiu and Slatina, following investments of 97 million euros. In the third quarter of this year, WDP will start the expansion with 12,000 sqm of the Profi warehouse in Roman, and with 22,000 sqm the space owned by LPP in Ștefăneștii de Jos.
Globalworth and Global Vision add Maspex and Maracana to the list of tenants in Constanța Business Park Shortly after the lease of 6,550 square meters by PepsiCo in the business park built near the port of Constanța, the developers Globalworth and Global Vision announce two new contracts for the first phase of the Constanța Business Park project.
CBRE launches in Romania a range of omnichannel services for retailers who want a rapid adaptation to the new market context by expanding industrial spaces. Omichannel services have been present for three years in the global CBRE network, most often in the United States and the United Kingdom, and the Covid-19 pandemic has accelerated the synergy between retail and industrial worldwide.
On October 15, 2020, BusinessMark is pleased to invite you to the 6th edition of the "Supply Chain & Logistics Forum", an event that will take place online. The event will be joined by professionals in the field, who will discuss the best practices of supply chain management and logistics, what works best and what strategies have the potential for the future.
Romania’s modern industrial and logistic facilities reached 4.72 million square meters at the end of the first half of the “pandemic year”, up by 5% compared to the corresponding period of 2019. This represents over 9% of the stock figure for the biggest 17 CEE economies, and though it could exceed 5 million sqm by the end of 2020, there is still signficant room to grow, according to Colliers International.
P3 Logistic Parks (“P3”)signed a collaboration protocol with the Regional Branch of Railway Transport for Passengers Bucharest (CFR Călători). The agreement consists in granting train stops next to P3 Bucharest A1 park for the Regio and InterRegio trains circulating the route Bucharest - Videle and back.
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