Profi will open in Cluj a new distribution centre in 2016, the sixth owned by the company, in order to support the company’s development plans. The retailer rented for this project nearly 25,000 sq. m of logistics facilities from CTP Invest.
Partners Group, a Swiss investment fund with EUR 42 billion worth of assets, aims to take control of several industrial properties owned by British group Valad Europe in the region, including Romania.
Romania’s logistics sector has come under the spotlight this year, after going down during the crisis years. It is now considered the second best investment sector, after the office market. Five developers control half of the total logistics spaces built in Romania.
Over 230,000 sqm of logistics and industrial space was leased in Romania in the first nine months of 2015, almost half of which was leased in capital Bucharest and the western city of Timisoara, according to data from real estate services firm JLL. Retail, car parts manufacturers and logistics operators were the most active players, said JLL representatives.
CTP and logistics company Quehenberger Logistics ROU SRL agreed a lease deal for the recently acquired CTPark Bucharest West (formerly Prologis park). CTP has concluded a deal whereby Quehenberger committed to lease warehouse space with total let-able area of 19,450 m², split in two buildings marked BUW 7 and BUW 8.
Immofinanz has signed a contract with Blackstone for the sale of its entire logistics portfolio. The transaction covers all 36 logistics standing investments with up to one million sqm of rentable space, which are located for the most part in Germany (24 properties) as well as in Hungary (5), Romania (3), Poland (2), Slovakia (1) and Russia (1).
Immofinanz, one of the major real estate investors in Romania, announces pre-lease contracts in LOG.IQ Bucharest, the company’s newest logistic project in Mogosoaia.
The most spectacular entry in the top was the one of the Dutch company CTP. In the last half of year, the investor which studied the Romanian market for seven years became the largest logistic facilities owner in the country.
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