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H&M opens a distribution center on 88,500 m2 in CTPark Ploiești 1

Retailer H&M will open a distribution center in Romania, near Ploiești, 14 years after entering the local market. According to Cushman & Wakefield data, cited by economica.net, this is the largest warehouse delivered last year on the Romanian logistics and industrial market.

The logistics transaction of the year awaits the green light from the Competition Council

CTP, the largest owner of industrial and logistics parks in the region, plans to acquire one of its main competitors on the local market, P3 Bucharest, which owns a 104,000 sqm project in western Bucharest. CTP could cross the three million sqm threshold of warehouses locally.

Maciej Müldner appointed as new CFO of MLP Group

MLP Group, a leading European logistics and industrial real estate platform, is strengthening its financial structures. Maciej Müldner has been appointed as the new Chief Financial Officer (CFO). An experienced executive, he has spent nearly 20 years contributing to the success of the Skanska Group in Central Europe. His expertise in corporate finance at the European level will support the continued dynamic growth of MLP Group.

Increased supply of industrial & logistics spaces in 2024, as the stock reached almost 7.6 million sq. m

Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting a 27% growth when compared with 2023, while the total industrial & logistics stock in Romania reached almost 7.6 million sq. m at the end of Q4. The development activity returned to growth during 2024, after a year (2023) which witnessed a 46% y-o-y decrease of the new supply, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

The industrial and logistics space market in Romania continued to grow in 2024, with deliveries of approximately 400,000 square meters

Romania's industrial and logistics space market continued to grow in 2024, with deliveries of approximately 400,000 square meters, bringing the total stock to 7.4 million square meters, according to the annual report published by Colliers. Representatives of the real estate consultancy say that the current stock of industrial and logistics spaces, estimated at 8 million square meters by the end of 2025, remains modest compared to countries such as Poland, which has a volume four times larger.

Commercial real estate companies expect their revenues to increase in 2025, but remain cautious about changing market conditions

Almost 90% of commercial real estate companies (commercial spaces, business centers and office, logistics premises) expect their revenues to increase in 2025, but remain cautious about the changing market conditions, and 60% anticipate an annual growth of more than 5%, after two consecutive years in which most participants expected revenue declines, according to Deloitte 2025 Commercial Real Estate Outlook. At the same time, more than 68% of participants (compared to 27% last year) expect real estate fundamentals to improve across areas such as cost of capital, capital availability, property prices, transaction activity, rental growth, and vacancies.

The real estate investment market in Romania closes the year 2024 with transactions totaling EUR 750 million

Real estate investments in Romania reached EUR 750 million in 2024, registering a 58% increase over the previous year, although slightly below the annual average of EUR 800 million reported over the past decade, according to Colliers' annual report.

DACHSER Romania leases 5,000 sqm in Schwartz Immobilien Industrial Park

DACHSER Romania leases 5,000 sqm of modern logistics space, including office components. The space is located within Schwartz Immobilien Industrial Park, part of Otter Distribution Group, in the western part of Bucharest, on Industriilor Street – an expanding area known for its industrial developments.

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