Artemis Real Estate inaugurated on June 06, 2017, 13:00, the completion of the Sânandrei Industrial Park infrastructure and the construction of the first 4,000 square metre building, offices and warehouse, a property that has already found its first tenants.
Wdp Development will build a production and storage facility of about 4,000 square meters and an office building of approximately 240 square meters in Oradea Industrial Park II, situated on Ogorului Street, following direct negotiation by the Oradea Local Development Agency (ADLO).
Ford's truck division has recently announced the inauguration of its headquarters in Romania, Europe's largest office with a total area of 17,000 square meters, located near the Bucharest-Pitesti (A1) highway.
The occupancy rate of the real estate projects offering logistic and industrial spaces in Bucharest area is nearing 100 pct. According to JLL Romania, the take-up increased in the first quarter of 2017, while new deliveries didn’t keep up with it.
P3, one of the most important investors and developers of logistics properties in Romania, has recently announced the beginning of works for its new warehouse within P3 Bucharest Park.
German retailer Penny Market, operated by REWE group, invested EUR 19 million in the first logistics warehouse in Moldova, owned by a food retailer. The warehouse has 19,000 square metres and provides services for 45 Penny Market supermarkets in Romania.
Some 500,000 sqm of logistics and industrial space are forecast to be delivered this year in Romania which will mark the highest post-crisis level, according to real estate consultancy Colliers International. About 80 percent of this will be delivered in Bucharest alone, but there is growing interest for regional cities as well.
Dan Mircescu, the businessman controlling the roof systems producer and importer Final Distribution from Băicoi (Prahova county), says the company’s business increased with more than 10 pct. in the first nine months of this year, but the market is still volatile.
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