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Oresa Industra leases 6,000 sqm to Sellpy in Industra Park Arad

Oresa Industra, one of the active players on the Romanian logistics and industrial space market, announces the lease of 6,000 sqm to Sellpy, European leader in second-hand sales services. The transaction, brokered by Activ Property Services, marks a new important stage in the development of both companies and consolidates Arad’s position as a reference logistics hub in the Western region.

Leroy Merlin leases 8,800 sqm at CTPark Bucharest West

CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announces that Leroy Merlin Romania, one of the leading players in the DIY market, has leased 8,800 sqm within CTPark Bucharest West, strengthening its logistics operations in one of Europe’s most significant industrial hubs.

The Romanian real estate investment market closed the first three quarters of 2024 with transactions totalling almost 650 million euro

The Romanian real estate investment market closed the first three quarters of 2024 with transactions totalling almost 650 million euro, a threefold increase compared to the same period last year. According to Colliers’ Q1-Q3 CEE Investment Scene report, transaction activity was mainly driven by industrial and retail assets. At a regional level, investment volume grew by around 24% year-on-year, with Romania recording the strongest performance among the six largest economies in Central and Eastern Europe (CEE-6): Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia.

INVL Baltic Sea Growth Fund signs agreement to acquire the Pehart Group in Romania

INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, has signed an agreement to acquire shares in Pehart Group, a leading producer of household and industrial paper products in Romania and owner of the oldest paper factory in Romania with a 187-year tradition.

The LPP Group expands lease at CTPark Bucharest West by 42,000 sqm, taking total footprint to over 130,000 sqm

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased an additional 42,000 sqm to Polish fashion producer LPP at CTPark Bucharest West, the largest industrial park in Central and Eastern Europe. LPP’s latest lease takes its total footprint at CTPark Bucharest West to 131,000 sqm.

Alibaba’s Trendyol opens regional logistics center in Romania

Trendyol, the largest Turkish e-commerce platform, controlled by the Chinese group Alibaba, is opening in Romania a distribution center for the markets of southeast Europe in a 20,000 sqm warehouse within WDP Ștefăneștii de Jos logistic park, rented from the Polish group CCC, involved in shoe retailing.

VGP Park Timișoara welcomes a new tenant, Rondocarton, a supplier of sustainable cardboard and corrugated packaging solutions

VGP, a European provider of high-quality logistics and semi-industrial real estate, has leased a 4,580 m² space to Rondocarton Romania at VGP Park Timișoara for storage operations. This partnership underscores VGP’s commitment to supporting the expansion of innovative and sustainable companies like Rondocarton by providing efficient and eco-friendly industrial spaces.

The demand for logistics and industrial spaces reached 575,000 sq. m. in the first 9 months of 2024, showing a 20% decline year-on-year

The demand for logistics and industrial spaces reached 575,000 sq. m during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to the Cushman & Wakefield Echinox real estate consulting company. The new demand accounted for 86% of the transacted volume.

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