Direct marketing company Mediapost Hit Mail has leased 19,000 sqm in Chitila Logistics Hub, the industrial project jointly developed by Global Vision and Globalworth. The lease transaction was brokered by Colliers.
Mediapost Hit Mail is part of French group La Poste and has a significant presence in Romania and Bulgaria. The company reported a turnover of close to €58 million in 2022 and had over 500 employees.
Marian Seitan, Managing Director Mediapost Hit Mail, said the expansion in Chitila Logistics Hub was backed by growing demand for fulfilment services from online stores. Furthermore, Mediapost Hit Mail is handling more logistics operations for retail, FMCG, retail and service companies.
Chitila Logistics Hub has a total leasable area of 75,000 sqm and is almost fully occupied.
“Our company has in the planning stage a new last-mile development in the northern bypass road of Bucharest,” said Sorin Preda, CEO and Founder of Global Vision.
The size of the lease deal signals the volume of liquidity in the sector and consolidates the trust of new investors in the Romanian market, added Victor Coșconel, Head of Leasing | Office & Industrial Agencies at Colliers.
During 2022, Global Vision has delivered over 100,000 sqm of industrial and logistics spaces in Romania.
Globalworth recorded a portfolio value of €3.1 billion in mid-2023. The group is present in Poland and Romania. Locally, Globalworth is the biggest office landlord in the country and has an emerging portfolio of light industrial projects.
