The Romanian logistics market will have a record demand in 2020, with a transactional volume exceeding the 700,000 square meters threshold, amid the accelerated development of ecommerce and the positioning of Bucharest as a regional logistics hub for a series of international retailers, according to the data of the real estate consulting company Cushman & Wakefield Echinox.
CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and in Central and Eastern Europe, acquires an area of 95,000 m2 of buildings from the Australian group Cromwell Property Group, representing the largest transaction in terms of surface on the Romanian logistics market in 2020.
The cosmetics, food supplements and parapharmaceuticals company Green Net is already carrying out its activity in Chitila Logistics Hub. It is about a space of 2,500 square metres (offices and storage areas).
P3 Logistic Parks (P3), a long-term manager and developer of European warehouse properties which is wholly owned by GIC, Singapore’s sovereign wealth fund, has signed an agreement to acquire a German retail logistics real estate portfolio (“Matrix”).
P3 Logistic Parks announces the signing of a new lease with the local subsidiary of the international group El Grupo Número 1. The new tenant will occupy 3,000 square meters of logistics and office space in P3 Bucharest A1.
Globalworth and Global Vision add Maspex and Maracana to the list of tenants in Constanța Business Park Shortly after the lease of 6,550 square meters by PepsiCo in the business park built near the port of Constanța, the developers Globalworth and Global Vision announce two new contracts for the first phase of the Constanța Business Park project.
Globalworth and Global Vision lease to PepsiCo a part of the first warehouse delivered within Constanța Business Park, the newest real estate mixed-use project in the region, developed on a 100 Ha land. It is about a storage space of approximately 6,000 square meters and an office area of 550 square meters, where the company's employees will carry their activities.
Dacris, one of the largest importers and distributors of stationery and complete office solutions in Romania, has relocated its business in a new warehouse of 4.000 sqm, where they will conduct their warehousing, logistics and office activity. The process was brokered by Dunwell, the only real estate agency specialized exclusively on industrial in Romania.
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