WDP to expand logistics project near Bucharest

Business Forum

10 April, 2025 at 11:20 AM

WDP is investing €52 million in the expansion of its WDP Park Bucharest-Dragomirești project.

The expansion will include a new logistics facility spanning around 62,000 sqm of leasable space, alongside an additional ambient storage unit spanning 11,000 sqm.

The park is located near the Bucharest ring road and with convenient access to the A1 and A2 motorways, which streamlines logistics operations.

The new development is expected to be completed by early 2026, further consolidating WDP Park Bucharest-Dragomirești as a key logistics centre in Romania.

WDP's portfolio in Romania has a leasable area of over 2 million sqm across Bucharest and regional cities.

WDP buys out partner in Romania

Industrial developer WDP says it has purchased a 15% equity stake in the company from Jeroen Biermans, Country Manager Romania at WDP. 

Real estate

Romania's commercial property investments up 47% in 2024

Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners. 

Real estate

Industrial demand in Romania falls 20% on nine months

The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.

Real estate

Garbe Industrial Real Estate expands in Romania

German developer Garbe Industrial Real Estate has set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in this market and implement its own property developments. 