The Romanian commercial real estate market saw a total investment volume of €155.8 million, with UK-based capital accounting for 68% of these deals, according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate.
WDP is investing €52 million in the expansion of its WDP Park Bucharest-Dragomirești project.
E-commerce companies are now among the top 5 occupiers of logistics spaces in Romania, utilising approximately 1 million sqm of industrial and logistics facilities, finds a report by Cushman & Wakefield Echinox.
Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.
Industrial developer VGP has delivered and has in the construction phase several warehouses across Romania.
Industrial developer CTP has expanded its partnership with Rara Logistic, a logistics services provider in Romania, reaching over 31,000 sqm of leased spaces across industrial parks in Bucharest, Sibiu, and Deva.
Netherlands-based CCP Cooperatief has made its first investment in Romania through a phased acquisition of a logistics complex in Ștefăneștii de Jos, near Bucharest, in a deal worth around €7.5 million.
Industrial developer Global Vision has announced the appointment of Antoanela Comșa as Deputy CEO.
Industrial developer CTP has announced the expansion of its collaboration with freight transport manager Delamode in CTPark Bucharest industrial park.
Romania's industrial and logistics sector saw a 27% rise in new supply in 2024, with 572,000 sqm of new spaces completed. The total stock now stands at almost 7.6 million sqm, and over 200,000 sqm are currently under development. according to research by Cushman & Wakefield Exhinox.
Leasing of industrial and logistics spaces in Romania amounted to around 620,000 sqm in 2024, down by around 20% compared to the near-record level reached in 2023. The overall stock rose by 400,000 sqm to 7.4 million sqm at the end of last year, according to a report by Colliers.
Lion's Head Investments announced its entry into the Romanian logistics market by acquiring a 15.5-ha land plot in Popești Leordeni, in the south of Bucharest.
Industrial developer WDP says it has purchased a 15% equity stake in the company from Jeroen Biermans, Country Manager Romania at WDP.
NRF, a supplier of automotive replacement parts and industrial cooling solutions, has leased 20,100 sqm in MLP Bucharest West logistics center, in a deal brokered by Newmark Polska.
Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar.
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.
Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.
GARBE has been on the markets in Central and Eastern Europe for 4 years. Now the company has announced the full occupancy of all its industrial parks in the region.
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.
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.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,