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Articles - dezvoltari industriale

Half million sqm of new industrial and logistic spaces to be delivered in 2024

The modern stock of industrial and logistics spaces exceeded 7 million sq. m across the country at the end of 2023, almost 80% of the total stock being concentrated in 3 development regions – Bucharest – Ilfov, West and South-Muntenia. Projects with a total area of around 452,000 sq. m were delivered in Romania in 2023, corresponding to a 46% decrease compared with the previous year, a contraction which was caused by a reduced development activity on speculative basis, according to data from the Cushman & Wakefield Echinox.

Transilvania Construcții has invested 15 million Euros in TRC Park Bacău

Transilvania Construcții recently completed the construction of its new logistics park in its portfolio – TRC Park Bacău – a project in which the company invested over 15 million Euros.

Over half a million sq. m of industrial and logistics spaces under construction across Romania

Industrial and logistics projects accounting for more than half a million sq. m are currently under construction and due to be delivered by the end of 2024, 60% of which being already pre-leased.

SLS Cargo opens its first exclusively-operated intermodal terminal at P3 Bucharest A1

SLS Cargo, the logistics and transport operator owned by FAN Courier, inaugurates the first intermodal terminal it operates exclusively, following an investment made in P3 Bucharest A1, one of the most modern and advanced industrial parks in Romania. With this, SLS Cargo confirms its medium and long-term development strategy announced in 2020, immediately after joining the FAN Courier portfolio.

MLP Group engaged in speculative construction on Romanian market

MLP Group has just launched a project to expand the MLP Bucharest West logistics park. The new building of about 16,000 sqm, being developed on a speculative basis, is scheduled for completion by the year’s end.

MLP Group’s completed area exceeds 1 million sqm

MLP Group enjoys a very good financial standing and a safe capital structure enabling the implementation of long-term strategic goals. This is confirmed by the results announced for the first quarter of 2023. During the period, consolidated revenue rose 51% yoy, to PLN 94.7 million, driven by increases in both leased area and rental rates. At the same time, the Group’s EBITDA (without revaluation of investment properties) improved by 59%, to PLN 47.8 million. In the first quarter of 2023, MLP Group earned a net profit of PLN 26.1 million. Since the beginning of the year, the Group’s net asset value (NAV) has gone up 1%, to more than PLN 2.5bn. The value of investment property also rose 1%, to close to PLN 4.5bn.

SPEEDWELL builds up its position in the logistics segment through the purchase of a new plot of land in Popesti-Leordeni

SPEEDWELL, one of the major players on the Romanian real estate market, continues its ambitious expansion plans on the industrial-logistics segment with the acquisition of a new plot of land in Popesti-Leordeni, destined for the second SPACEPLUS development. The new light industrial building will be developed on a plot of 15,000 sqm and will offer a total rentable area of ​​approximately 8000 sqm.

The industrial and logistics stock is nearing towards the 7 million sq. m landmark

The industrial and logistics market registered a new record year both in terms of supply and demand, with development being concentrated in the Bucharest – Ilfov and West regions. However, other areas have also benefited from consistent investments in such projects in the last few years, with demand being mainly driven by logistics and retail companies.

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