The industrial real estate market in Central and Eastern Europe (CEE) recorded different developments from country to country in Q3 2024. In Romania, the industrial market reached a total stock of 7.56 million sqm, with 208,300 sqm of new deliveries, shows a report by iO Partners.
Eltra Logis, one of the main players in the niche logistics, transport and storage market, is strengthening its position in the pharmaceutical industry, which now generates 40% of the company’s turnover. This consideration comes based on a significant consumption of medicines in Romania and the development of local production capacities in the pharmaceutical sector. The company aims to increase the pharma segment of its business to 80% by 2030.
Logicor, a leading owner, manager and developer of European logistics real estate, has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, the first ‘Last Mile’ logistics hub in the city.
CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the launch of its first CTBox building in Romania, located within the largest industrial park in Central and Eastern Europe, CTPark Bucharest West.
The Modulis project perfectly aligns with the current market requirements by launching the second phase, which introduces the "Small Industrial Unit" warehouse concept. These units are especially intended for light industry, offering compact spaces, extremely flexible and characterized by a high degree of operational independence.
VGP, a European provider of high-quality logistics spaces and semi-industrial real estate, has started the construction works to expand building B at VGP Park Brașov. This phase will add an additional 13,813 m² to the existing 20,920 m² already leased, thus addressing the growing demand for modern logistics spaces in the region.
Companies leased 410,500 sq. m of industrial & logistics spaces in H1, a total which reflects a 25% drop when compared with H1 2023. However, the new demand had a share of 52% in the overall leasing volume in the same period (213,500 sq. m), more than double vs. the new supply, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
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.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
