CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased 3,600 sqm of production space at CTPark Oradea Cargo Terminal, Romania’s pioneering industrial park featuring an air cargo terminal, to leading Asian EMS (Electronic Manufacturing Services) company Etron Technology. Etron Technology decided to expand their worldwide presence (China, Vietnam, Mexico, Singapore) by setting up a high-tech production plant in Europe at CTPark Oradea Cargo Terminal.
Yusen Logistics, a leading global logistics provider, has secured a lease agreement for a substantial area of 19,000 square meters within CTPark Bucharest, assisted by CBRE, the global and national leader in commercial real estate investment and services.
ELI Parks, one of the most active developers of logistics and industrial parks in the Romanian real estate market, announces the signing of a long-term lease agreement with Sika Romania, a manufacturer of construction products and solutions, addressed to the various phases of construction in residential structures, industrial and engineering. The agreement includes a logistics space within ELI Park 4 Bucharest.
The developer Globalworth has announced that it is selling part of its logistics portfolio in Romania to CTP. The value of the transaction could exceed EUR 170 million. Globalworth has announced that it is selling five logistics parks, with ten facilities in Timișoara, Arad, Oradea and Pitesti that it owns 100 percent. The majority holdings in two other small projects in Bucharest are also sold.
The new facility of Hexing Technologies Europe SRL, a subsidiary of the Hexing Group and a leading green energy solution provider, set within the thriving Timisoara Airport Park, will serve as a hub of innovation, extending Hexing's digital energy service footprint across Europe.
2023 ended with solid activity levels for industrial and logistics, with some 770,000 square meters of leasing deals closed, a slight decline from 2022’s record level of 830,000 square meters, according to the annual report released by Colliers.
NEPI Rockcastle, the largest investor, developer and owner of shopping centers in Central and Eastern Europe, sold the company Otopeni Warehouse and Logistics SRL to River Property in January 2024.
Nunner Logistics, an international provider of logistics services headquartered in The Netherlands, has recently signed a 5,000 sqm lease at VLParks Bucharest West, part of the Villar International Group.
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