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Warehouse Market News

The Real Estate and Construction sector has attracted around 12 billion euros of FDI in the last 10 years

The real estate and construction sector has attracted around 12 billion euros of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the overall FDI stock increased to a level of 17.4% at the end of 2021, compared with 9.2% in 2012, according to data from the National Bank of Romania analyzed by the Cushman & Wakefield Echinox.

CTPark Bucharest West strengthens its position as a regional distribution hub

CTP has signed a new partnership with Kuehne+Nagel for the development of a 50,000 m2 regional distribution center that will serve the markets of Romania, Bulgaria and Greece

2022, another record year for the industrial & logistics segment

The number of international retailers that chose to implement and consolidate logistics hubs in our country is on an upward trend, setting 2022 on a course to reach the highest record in history for the industrial segment and the trend will continue next year, according to CBRE Romania.

Logicor expands Bucharest II Logistics Park with an additional 21,200 sqm of prime warehouse space

Logicor, a leading owner and manager of logistics real estate in Europe, has completed the development of c.21,200 sqm prime warehouse space in the Logicor Bucharest II, 10 km northeast of Bucharest city centre.

Cargus is the first resident of CTPark Oradea Cargo Terminal

CTP, the largest listed developer and manager of industrial and logistics spaces in Continental Europe, is expanding its collaboration with Cargus, one of the largest courier companies in Romania, in CTPark Oradea Cargo Terminal. The courier company, already present in the CTP portfolio, is the first to sign a lease contract, for an area of 3,400 sq m, in the only industrial park in Romania that with air cargo terminal.

WDP, 430 million euros of investments in 2022

Warehouses de Pauw (WDP), a real estate developer active in the logistics market, recorded in the first nine months of 2022 an investment volume of approximately 430 million euros (Q3 2022: 170 million euros), consisting of new projects and land, acquisitions of existing buildings, to which are added investments in the energy transition in addition to the strategic investment plan in the purchase of 10% of Catena shares.

The fourth Petra Pavaje factory was put into operation

Florea Grup put into operation the fourth precast concrete production unit, Petra Pavaje. The new factory is located in the immediate vicinity of the city of Roman, Neamț county.

GLOBALWORTH expands its industrial activity in Targu Mures

Globalworth Industrial, Globalworth’s logistics and industrial sub-brand, is expanding its portfolio by purchasing, together with Global Vision, an industrial and logistics project with a total land area of 37.9k square meters in Târgu Mureș.

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