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2021 is shaping up as a new record year for the industrial market, also influenced by the evolution of retail

In the first quarter of this year, a total of 264,000 sq m of industrial space were rented on the Romanian market, according to the report launched by CBRE, the leader of the real estate consulting market. The traded volume marks an increase of 43% compared to the same period last year, in the context in which 2020 was a record year for the industrial space market.

Real estate transactions of almost 100 million euros at the beginning of the year

Office buildings and industrial projects, investors' favorites

Sfântu Gheorghe City Hall wants to expand the area of the Câmpu Frumos Industrial Park

Sfântu Gheorghe City Hall wants to expand the area of the Câmpu Frumos Industrial Park, built through the Regional Operational Program almost 5 years ago.

New plans for WDP on the logistics market in Romania

One of the most active developers of logistics and industrial spaces in Romania, WDP recently announced the group's results in the first quarter of 2021, as well as its plans for the future.

Artesana invests over 5 million euros in a new factory in Tecuci

Artesana, the largest producer of artisanal dairy products and the only producer of whole and non-homogenized dairy products in Romania, has started the construction of the new factory that will allow the tripling of production, starting with April next year.

A new logistics park is announced in Pitesti: Element Industrial will expand its portfolio of logistics properties

Element Group recently made a strategic acquisition in the vicinity of the Bucharest-Pitesti highway, where the developer intends to build a new logistics park of class A, under the Element Industrial brand.

ISS Facility Services exits Romania

Facility services provider ISS has exited the Romanian market as part of a regional transaction that includes three more Eastern Europe countries. ISS said that the divestments are in line with the company’s strategy to simplify and focus its business on key account customers.

Mainfreight opened a distribution hub in Timișoara Industrial Park, a project developed by Global Vision for Globalworth

The storage space was made available to its tenant at the end of last year in Timișoara Industrial Park – Mainfreight is currently carrying out its distribution operations here for customers in the western part of the country.

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