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Articles - transactions

HAVI Logistics opens largest distribution center in Romania within Chitila Logistics Hub

Global Supply Chain Leader, HAVI Logistics joins the Chitila Logistics Hub’s industrial community, a project developed by Globalworth and Global Vision near Bucharest. Here, HAVI will open its largest distribution center in Romania on a total area of 21,000 square meters which will include temperature-controlled spaces, storage and offices.

The largest new demand on the industrial sector: Corteva Agriscience preleases 23,000 sqm in a built-to-suit warehouse

Corteva has pre-leased approximately 23,000 sq m of industrial space in a built-to-suit warehouse located in the north-east of Bucharest and developed by Lazar Real Estate, part of International Lazar group. The transaction was advised by CBRE.

Transaction on the industrial market in western Romania: Globalworth becomes the owner of IPW Arad and Oradea parks

In a transaction worth 18 million euros, two industrial parks located in western Romania add to the portfolio of logistics and industrial properties of Globalworth, the largest office owner in the country and one of the major players in the industrial space market. The acquisition was made from the giant's industrial development partner, Global Vision.

2021 is shaping up as a new record year for the industrial market, also influenced by the evolution of retail

In the first quarter of this year, a total of 264,000 sq m of industrial space were rented on the Romanian market, according to the report launched by CBRE, the leader of the real estate consulting market. The traded volume marks an increase of 43% compared to the same period last year, in the context in which 2020 was a record year for the industrial space market.

A new logistics park is announced in Pitesti: Element Industrial will expand its portfolio of logistics properties

Element Group recently made a strategic acquisition in the vicinity of the Bucharest-Pitesti highway, where the developer intends to build a new logistics park of class A, under the Element Industrial brand.

The modern stock of industrial spaces will reach 5.5 million sqm in 2021 in Romania

The modern stock of industrial spaces in Romania has exceeded the threshold of 5 million sqm in 2020 and will reach approximately 5.5 million sq m this year, over 60% of the area under construction being already pre-leased.

XXXLutz rented 6,000 sqm in the WDP Dragomireşti logistics park

XXXLutz has rented 6.000 sqm in WDP’s A-class warehouse in Dragomiresti, North-West of Bucharest’s RingRoad, space that will optimise the supply of its stores XXXLutz Militari and Pallady, transaction brokered by Dunwell.

Elko Romania to lease 1,800 sqm of warehouse fwithin CTPark Bucharest

ELKO Romania, part of the international group Elko, has relocated its activity in CTPark Bucharest, where they leased an warehouse of 1,800 sqm.

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