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Warehouse Market News

Urbano Parks completes the first stage of the 24,500 sq m logistics park in the western part of Cluj-Napoca, an investment of 14 million euros

Urbano Parks, a company founded by entrepreneurs Mircea Ilea, Alexandru Şerban and Daniel Paraschiv from Cluj-Napoca, announced that over 95% of the construction works in phase I have been completed, and the infrastructure part of the park, interior installations and office finishes are in progress.

In the last five years, Bucharest has been the most dynamic logistics market in the region

The stock of industrial and logistics spaces in Bucharest has doubled between 2015 and 2020, the capital of Romania being the most dynamic market in the Central and Eastern European region and a logistic regional hub throughout the analyzed period, according to the real estate consulting company Cushman & Wakefield Echinox.

Office and warehouse project in Bucharest, on hold due to pandemic

The local entrepreneur Daniel Guzu has stopped for the moment the development plans of a warehouse and an office building, located on the Bucharest-Ploiești Road, on a 6,700 sq m plot.

Element Industrial launches Eli Xpress, a new proximity storage concept

Element Industrial, one of the youngest players on the logistics space market in Romania, launches a new line of business based on the concept of proximity storage.

CONSTANTA BUSINESS PARK, close to the delivery of the first logistics unit

The first unit within the largest business park in southeastern Romania - Constanța Business Park - is nearing completion.

Profi expands its logistics space with two new industrial transactions signed with WDP this year

The retailer Profi rented over 100,000 sq m in two warehouses that will be built by the Belgian operator WDP in Timişoara (58.000 sqm) and Craiova (57.000 sqm), investments valued at 70 million euros, part of the strategy to expand logistics operations.

Electro-IT and Home & Deco online retailers could expand their logistic facilities with 50 pct

Online retailers operating in the Electro-IT and Home & Deco sectors occupy approximately 370,000 sq m of storage space and this area could increase by at least 50% in the next two years, amid the development of online commerce, according to the Romania E-Commerce research report released by CBRE.

TeraPlast rents 5,000 sqm warehouse in Mega Distribution Center Chiajna

Dunwell Romanian company TeraPlast will occupy an area of 5,000 sqm (1,500 sqm of warehouse and 3,500 of external platform) in the warehouse of Mega Distribution Center, in Chiajna.

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