VGP, a European provider of high-quality logistics and semi-industrial real estate, has leased a 4,580 m² space to Rondocarton Romania at VGP Park Timișoara for storage operations. This partnership underscores VGP’s commitment to supporting the expansion of innovative and sustainable companies like Rondocarton by providing efficient and eco-friendly industrial spaces.
The demand for logistics and industrial spaces reached 575,000 sq. m during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to the Cushman & Wakefield Echinox real estate consulting company. The new demand accounted for 86% of the transacted volume.
The developer of logistics and industrial spaces ELI Parks, one of the most active on the profile real estate market in Romania, has announced the expansion of Dr. Max Romania's operations within ELI Park Iași.
CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces the expansion of its partnership with cargo-partner, a full-range info-logistics provider, with the leasing of 7,800 sqm at CTPark Cluj. CTPark Cluj is located on the crossroads of the main western and north-south highways on the western edge of the booming university city of Cluj, in the heart of the Transylvanian region in Romania.
VGP, a European provider of high-quality logistics and semi-industrial real estate, signed a lease agreement with Miele Tehnica Brașov, a subsidiary of the German Miele group, for 2,000 square meters, within VGP Park Brasov.
Logicor, a leading owner, manager and developer of logistics real estate in Europe, has recently acquired a 4.6-hectare plot of land from toy retailer Jumbo. This land, located on Pallady exit towads Autostrada Soarelui, was purchased in a deal brokered by real estate consultancy firm Colliers.
Romania recorded a 131% y-o-y growth of the real estate transaction volume during H1 2024, reaching a level of €418 million, corresponding to the highest growth rate in the Central and Eastern Europe (CEE). This significant evolution places Romania 3rd in the region, following Poland and Czechia, surpassing Hungary and Slovakia. The retail and industrial segments were the main drivers on the local market, accounting for 90% of the total volume, while office transactions comprised just 4%, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
RetuRO, the administrator of the Deposit Return System, the largest circular economy project, has opened opening the sixth regional centre for counting and sorting DRS packaging in Almăj, Dolj County, near Craiova, within the Global Vision industrial park. The centre will manage, and process beverage packaging collected from retailers. It will mainly serve the southern part of the country.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
