Mobexpert, the furniture market leader in Romania, expands its logistics and storage operations by leasing 1,400 sq. m within Oresa Industra Park in Iasi, owned by Oresa Industra, the real estate division of the Oresa family office. The Oresa Industra Park in Iasi reached a 100% occupancy as a result of this transaction.
With an area of 5,000 sqm and a storage capacity of over 1 million books, Libris owns in Brasov the largest book warehouse in Romania dedicated to an online bookstore. The company said it transformed the facility into a "green warehouse" by implementing 835 photovoltaic (PV) panels.
Auchan Retail inaugurates a new logistics center, the second in Romania, located in the northwest of the country, in Călan city, Hunedoara County. With a storage surface of 22,000 m2, the new warehouse accommodates both ambient and fresh products, as well as office spaces.
Greek toy and decoration retailer Jumbo has begun construction of its first warehouse in Romania in Popești-Leordeni, within a center that will also include office space, following an investment of about 35 million euros, according to information obtained by Profit.ro.
Carrefour extends the lease for a space of approximately 85,000 sqm in the P3 Bucharest A1 industrial park, in the west of Bucharest, this being one of the largest transactions in the local logistics market.
The Tei Group, which includes the Farmacia Tei network of pharmacies and Bebe Tei stores, leased a space of approximately 10,000 square meters in the Metav industrial park in northern Bucharest, to build a semi-automatic warehouse, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox.
The Romanian logistics market will have a record demand in 2020, with a transactional volume exceeding the 700,000 square meters threshold, amid the accelerated development of ecommerce and the positioning of Bucharest as a regional logistics hub for a series of international retailers, according to the data of the real estate consulting company Cushman & Wakefield Echinox.
More than 8 out of 10 industrial & logistics companies want to accelerate investments in next 12 months or to keep them similar to recent years, according to a survey conducted by Colliers International among 26 top developers and tenants in the Romanian market.
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