Companies leased approximately 200,000 sq. m of industrial and logistics spaces in Q1, the demand being primarily generated by manufacturing companies, FMCG and logistics operators, according to data from the Cushman & Wakefield Echinox real estate consultancy company. Romania ranked second regionally in terms of the Q1 demand, after Poland, the uncontested leader in the Central and Eastern Europe, while surpassing Czechia, Slovakia and Hungary.
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.
XXXLutz has rented 6.000 sqm in WDP’s A-class warehouse in Dragomiresti, North-West of Bucharest’s RingRoad, space that will optimise the supply of its stores XXXLutz Militari and Pallady, transaction brokered by Dunwell.
Detergents and cleaning products manufacturer Simplu and transporter Arcese have rented half of the former construction materials factory Ruukki, situated in Bolintin-Deal, near Bucharest, in the area of A1 Bucharest-Pitesti highway.
Retail sector, including e-commerce, was the most active this year on the logistics space rental market, therefore all major players in the field have invested in adjusting their delivery and storage capacities, in order to meet the large request for warehouses, has declared for Profit.ro Cristina Pop, head of Industrial within JLL Romania.
Rosim’s Business and Industrial Center is a state-of-the-art real estate development near Bucharest, including both an office building and modern storage facilities. Its concept, of putting together multiple functionalities available for a large range of companies, from retail to distribution or manufacturing companies, is a winner and a still quite a novelty on the Romanian market.
The leasing activity on the Romanian offices, industrial and logistics markets registered significant changes in the first nine months of this year compared with 2015, according to JLL Romania.
Prista Oil Group has leased a storage space of 2,500 square meters within the project Equest Logistic Center held by the group East Balkan Properties, at kilometer 13 of the Bucharest – Pitesti highway, a transaction brokered by DTZ Echinox.
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