VGP, a European provider of high-quality logistics spaces and semi-industrial real estate, marks a new stage in the development of VGP Park Timișoara by expanding the logistics park, with the construction of the eighth building. With a generous leasable area of 32,768 m², of which 11,575 m² are still available, this new building offers adaptable and efficient spaces to meet the diverse needs of clients.
VGP, a European provider of high-quality logistics spaces and semi-industrial real estate, has initiated the construction of the third building in VGP Park Bucharest North (A3), marking a new milestone in the development of logistics infrastructure in the region. Building A covers an area of 25,950 m2 and has already two significant tenants, who have signed lease contracts for a total of 8,158 m2. This achievement underlines the attractiveness of the project.
Transilvania Construcții recently completed the construction of its new logistics park in its portfolio – TRC Park Bacău – a project in which the company invested over 15 million Euros.
CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has completed the structure of its latest production and logistics space in Western Romania: CTPark Arad West. This latest scheme is located in Arad, an important industrial centre and transportation hub, close to both the Hungarian and Serbian borders. The first phase of CTPark Arad West comprises approximately 44,000 sqm and is already over 40% pre-leased, being scheduled for completion in the first quarter of 2024.
After the recent construction works start at the Ploiești and Bucharest projects, ELI Parks announces a new logistic park in Oradea, successfully continuing its national development strategy.
Logicor, a leading owner and manager of logistics real estate in Europe, has completed the development of an additional c.23,000 sqm in the state-of-the-art Logicor Bucharest I Logistics Park in Mogoşoaia, 12 km northwest of Bucharest city centre with good access to the Blv Bucurestii Noi and the Bucharest Ring Road.
Enel X Romania, the advanced energy services division of the Enel Group, is currently building a solar park with a total installed capacity of almost 3 MW for logistics real estate specialist WDP (Warehouses De Pauw Romania).
Romanian industrial and logistic developer, Element Industrial and Slovakian sustainable energy solutions provider, TESLA Group have recently signed a long-term partnership in which TESLA will produce and operate photovoltaic energy on the rooftops of the ELI Parks projects.
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