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Warehouse Market News

Residential returns to the forefront of the real estate market alongside the industrial sector in 2022, while the office market is shrinking

The industrial sector became the new star of the real estate market in 2020-2021 as the growth of online commerce but also the expansion of large retail networks needed additional storage space, according to ZF.ro.

CTP buys the Mobexpert industrial-logistics property within the Mureş Industrial Park

CTP bought from Dan Şucu the Mobexpert project from Târgu Mureş, located in the Mureş Industrial Park near the local International Airport, with an area of 25,000 sq m, which includes both storage and production facilities.

Logicor delivers a new warehouse of 38,000 sqm within Bucharest I logistics park

Logicor, a leading owner and manager of logistics real estate in Europe, has completed the development of a state-of-the-art warehouse in Mogoșoaia, Romania. The brand-new 38,000 sqm Building D, fully leased ahead of development completion, is part of the Logicor Bucharest I logistics park and offers fast distribution access to Bucharest and the rest of the country.

JLL secures € 20.6 million financing for Mega Company from Alpha Bank Romania

JLL announces that it has successfully secured a € 20.6 million facility for Mega Distribution Center, a 45,000 sqm logistic park strategically located within Bucharest’s most dynamic market.

CTP continues the investment in CTPark Bucharest North through a new development of 95,000 sqm, as an industrial park

CTP, the largest developer and administrator of class A industrial and logistics spaces in Romania, continues the development of CTPark Bucharest North with new buildings with a total area of 95,000 sqm.

Oresa investment fund to develop its second industrial park in Romania

Swedish investment fund Oresa, active in central and eastern Europe, took over from Immofinanz a retail park in Arad (Armonia) and will convert it into a mixed-use park with industrial and retail functions.

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.

Cargus opens nine new warehouses in 2021 and invests over € 2 million in logistics centers

Cargus opened nine new, modern logistics warehouses this year, located in strategic geographical areas for the courier industry: Brașov, Buzău, Miercurea Ciuc, Zalău, Cluj, Pitești, Târgoviște, Alba-Iulia and Vaslui (opened in 2018, but modernized in 2021).

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