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Articles - dezvoltari industriale

Global Vision: 3 logistics and production projects completed in Bucharest, Constanța and Oradea

For the integrated real estate services platform Global Vision, the end of summer means an intense period of work. It is about completing 3 logistics and industrial projects in 3 strategic areas of the country and accommodating tenants who have decided to expand or move their operations in projects developed by Global Vision.

Modern industrial and logistic stock reached 4.7 million square meters at the end of June

In the industrial & logistics area, it has been business as usual during the pandemic, with some seeing big spikes in activity, but a significant pipeline of speculative developments and a competitive market are tilting the balance in favour or tenants.

CTPark Bucharest North, a 65 million EUR investment of CTP, will open its first operati-onal spaces in Autumn 2020

TP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, continues its expansion in Romania by developing a new logistics park in the Northern part of Bucharest - CTPark Bucharest North. The park, located in Ștefănești, Ilfov County, has a total area of 21 ha and has a large opening with a great access to the Bucharest Ring Road, close to A3 Highway, which makes it extremely easy to reach and transit. The total value of the investment in the new logistics park amounts to EUR 65 million.

Urbano Parks completes the first stage of the 24,500 sq m logistics park in the western part of Cluj-Napoca, an investment of 14 million euros

Urbano Parks, a company founded by entrepreneurs Mircea Ilea, Alexandru Şerban and Daniel Paraschiv from Cluj-Napoca, announced that over 95% of the construction works in phase I have been completed, and the infrastructure part of the park, interior installations and office finishes are in progress.

CONSTANTA BUSINESS PARK, close to the delivery of the first logistics unit

The first unit within the largest business park in southeastern Romania - Constanța Business Park - is nearing completion.

Profi expands its logistics space with two new industrial transactions signed with WDP this year

The retailer Profi rented over 100,000 sq m in two warehouses that will be built by the Belgian operator WDP in Timişoara (58.000 sqm) and Craiova (57.000 sqm), investments valued at 70 million euros, part of the strategy to expand logistics operations.

90% of the industrial and logistics stock is located in eight cities, with developers still avoiding cities from the Moldova region, due to the lack of infrastructure

The stock of industrial and logistics spaces in the local market has exceeded the 4 million square meter threshold, 90% of the total stock being concentrated in eight large cities from the southern, central and western parts of Romania, according to the Romania Industrial & Logistics Market report, made by the Cushman & Wakefield Echinox real estate consulting company.

Romania’s stock of modern Industrial & Logistic spaces posted a record increase of 50% over the last three years

Modern industrial and logistic facilities reached 4.6 million square meters, up by approximately 10% compared to the previous year. Nearly 9% of the total stock was delivered just in 2019 and the market has potential to almost double to 8 million square meters in the next years, closing the gap between Romania and other CEE markets, Colliers International consultants appreciate.
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