Logicor, a leading owner and manager of logistics real estate in Europe, has completed the development of an additional c.23,000 sqm in the state-of-the-art Logicor Bucharest I Logistics Park in Mogoşoaia, 12 km northwest of Bucharest city centre with good access to the Blv Bucurestii Noi and the Bucharest Ring Road.
P3 Logistic Parks (“P3”) closed transactions for 78,000 square meters of office and logistics space in Romania in the first nine months of this year. Of the total transactions, 34% are new long-term contracts (26,533 sqm) and two thirds are short-term contracts or extensions of existing contracts (51,505 sqm).
CTP, continental Europe’s largest listed owner, developer and operator of logistics and industrial real estate by gross lettable area, has welcomed Germany’s Diehl Controls, a leading global high-tech manufacturer, as the maiden tenant at its new 50,000 sqm business park at the city of Brașov in central Romania.
The evolution of the Romanian industrial market in the first nine months of the year confirms analysts' expectations regarding the possibility of setting a new historical record by the end of 2022, thus continuing an upward trajectory started in 2018.
CTP has signed a new partnership with Kuehne+Nagel for the development of a 50,000 m2 regional distribution center that will serve the markets of Romania, Bulgaria and Greece
CTP, the largest listed developer and manager of industrial and logistics spaces in Continental Europe, is expanding its collaboration with Cargus, one of the largest courier companies in Romania, in CTPark Oradea Cargo Terminal. The courier company, already present in the CTP portfolio, is the first to sign a lease contract, for an area of 3,400 sq m, in the only industrial park in Romania that with air cargo terminal.
The CCC Group, the Polish footwear retailer, is expanding its logistics center in the WDP Ștefăneștii de Jos park to serve the online retailers epantofi.ro and Modivo. The new warehouse will become a regional center dedicated to Romania, Bulgaria and Greece, markets from which the group hopes to achieve 80 percent of its total revenues.
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