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Articles - warehouses rentals

Element Industrial starts the second phase of ELI Park 3

Real estate developer Element Industrial announces a new investment of 20 million euros, for extending another 30,000 square meters of the ELI Park 3.

Maracana expanded rented logistics space in MLP Bucharest West

The leading European logistics company has expanded its warehouse capacity in MLP Bucharest West.

CTP signs a partnership with hardware manufacturer Blum, in CTPark Bucharest North

CTP, the largest owner and developer of industrial and logistics space in Romania, has partnered with Blum, one of the world’s leading manufacturers of furniture hardware. CTP will set up a 2,200 sqm warehouse for the Austrian manufacturer’s subsidiary in CTPark Bucharest North, in the Stefanesti area.

Caroli Foods Group partners with Globalworth in Pitești Industrial Park

Caroli Foods Group, the market leader in meat products, with a profile factory in Pitești, partners with Globalworth in Pitești Industrial Park, a project developed under the umbrella of Globalworth Industrial. The area of the warehouse that will serve Caroli Foods Group throughout Romania is approximately 6,800 square meters and the lease agreement was signed for a period of 10 years.

The logistics market showed an impressive resilience during the pandemic: a record level of over 1 mil sq m have been transacted in 2021

The local logistics sector has not only shown resilience during the pandemic, but went on to benefit from consumer and business reactions to the sanitary crises. Thus, the leasing activity in 2021 has exceeded the 1 million sq. m threshold for the first time in the market’s history. Net take-up accounted for over 80% (802,000 sq. m) of the transacted volume and continues to be the main driver of the market, according to the Cushman & Wakefield Echinox real estate consultancy company.

Vacancy dropped at 4.0% in Industrial & Logistics market, 2022 to be a year of harsh competition

Securing, relocating, expanding – 3 keywords of 2021 that defined this year perspective

Número Uno to use P3 Bucharest A1 as their logistical hub for the CEE region

P3 Logistic Parks announces the consolidation of its partnership with the local subsidiary of the international group Número Uno by signing a long-term lease agreement for the 3,000 square meters of logistics and office space that the tenant occupies within P3 Bucharest A1.

The demand for logistics and industrial spaces reached 562,000 in the first 9 months of 2021, a slight decrease

The demand for logistics and industrial spaces reached 562,000 sq. m during the first 9 months of this year, a slight decrease of only 3% compared with the same period of 2020, according to the Cushman & Wakefield Echinox real estate consulting company.
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