FM Logistic opens €20 million warehouse in Romania

21
Feb
2019
News - FM Logistic opens €20 million warehouse in Romania #FM Logistic #industrial #logistics #Romania #warehouse

by Property Forum | Industrial

French logistics and transport services provider FM Logistic has opened a €20 million dedicated cold storage warehouse in Bucharest to meet demand from the growing pharma and healthcare industry in Romania.


The facility provides an area of 10,000 square metres for the receipt, storage and distribution of temperature sensitive materials, such as vaccines, pharmaceuticals and medical supplies.
 
The warehouse operates in compliance with the Good Distribution Practices (GDP) and Good Storage Practices (GSP) for pharmaceutical products. It allows storage within different temperature ranges (15 to 25 degrees Celsius, 2 to -8 degrees Celsius, and -25/-15 degrees C).
 
“The FM Logistic cold chain warehouse at Bucharest will help pharmaceutical companies answer the strong rise in pharmaceutical consumption in Romania,” says Christophe Menivard, FM Logistic’s Director for Eastern Europe.
 
Among FM Logistic’s pharmaceutical customers in Romania are Sanofi and Zentiva.
 
FM Logistic operates five facilities in Romania, including three logistics platforms totalling 95,000 sqm in Timisoara, Bucharest and Dambovita, and two cross-docking hubs in Cluj and Bacau. With a workforce of 750 people in Romania, FM Logistic provides its clients with logistics services such as warehousing, handling, secondary packaging and international transport.



New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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