P3 Logistic Parks logistics developer has leased a warehouse of 13,900 square meters to the logistics company E van Wijk. The space also includes 400 square meters of office space.
Demand on the industrial and logistics market in Romania in the first nine months reached 456,000 square meters, a volume close to the level recorded last year, when it cumulated 463,000 square meters. Bucharest managed to attract 56% of the total demand, according to the data provided by JLL.
P3, the pan-European logistics developer and developer, signed a partnership with Logistic E van Wijk, a provider of integrated transport and logistics services for an area of 10,180 m² of storage space and 252 m² of office space in the new warehouse 6 from P3 Park Bucharest.
The local industrial and logistics market has reached a stock of 2.65 million square meters and could reach 3 million by the end of this year, according to Romania Industrial & Logistics Market 2017 report by Cushman & Wakefield equinox.
The companies leased a total area of 350,000 square meters of industrial and logistics space nationwide in the first half of this year, 54% up over the same period in 2016, according to JLL Romania real estate consultancy data.
Danish group DSV, one of the largest European companies on the transport-logistics sector, has signed the EUR 50 million lease for 90,000 sqm of warehouses near Bucharest with CTP, a group specializing in the industrial space construction, development and rental.
One of the largest international logistics operators, CEVA Logistics, has recently signed a lease agreement for a warehouse space of 50,000 square metres with WDP Development Ro, local branch of WDP industrial and logisitcs developer.
Detergents and cleaning products manufacturer Simplu and transporter Arcese have rented half of the former construction materials factory Ruukki, situated in Bolintin-Deal, near Bucharest, in the area of A1 Bucharest-Pitesti highway.
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