According to a recent study published by Business Review, in the first half on 2018, demand for industrial & logistics spaces in Romania was of approximately 120,000 sqm. Compared to the same period of the previous year, about 320,000 sqm, the numbers indicate a dramatic fall of the transactions market.
The cities in the west of the country remain among the most attractive for the industrial segment. According to a study conducted by Colliers International Romania, the most attractive area for the warehouse market outside of the capital is the western region of the country, in terms of demand, distance from customs and existing industrial parks.
Romania's industrial and logistics market will continue its upward trend last year and in 2018, according to Dunwell, the first and only brokerage agency in Romania specializing exclusively in the industrial segment of the real estate market.
Opsan, a Turkish manufacturer of components for the automotive industry, leased an area of 5,000 m2 in CTPark Pitesti, owned by CTP, the largest developer and long-term administrator of premium industrial and logistics parks in Romania and Central and Eastern Europe.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, and the German producer of pipes, shafts and system components made of plastic and metal FRÄNKISCHE, expands their collaboration in CTPark Turda exceeding 10,000 m² of logistics spaces. This surface was reached after the construction of a new building of circa 7,000 m², as an expansion of the one the German company already occupies since 2015.
First Property Group plc, the property fund manager and investor with operations in the United Kingdom and Central Europe, is pleased to announce that it has entered into a lease with Teconnex Ltd, for around one-third of its warehouse in Tureni, Romania. The rent payable by Teconnex amounts to some €135,000 per annum.
Alinso Group signed a new contract late last year with Rockwool, the renowned Danish mineral wool producer, which will build its first mineral wool plant in Ploiesti West Park (PWP). During the same period, Timken inaugurated a new design and production unit within the PWP.
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, and the Belgian logistics company Van Moer Logistics expands their collaboration in CTPark Bucharest West reaching approximately 20,000 m² of logistics spaces, situated in a new warehouse that will be finalized this year.
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