Metro leases 58,000 sqm industrial facility in Bucharest

05
Nov
2018
News - Metro leases 58,000 sqm industrial facility in Bucharest #Bucharest #industrial #JLL #lease #logistics #Metro #Romania #WDP

by Property Forum | Industrial

JLL advised Metro in the process of consolidating its distribution centres into a one roof concept in the new project developed by WDP in the North area of Bucharest, Stefanesti. This is the largest transaction on the Romanian industrial market in this year.


”Together with Metro we have designed a very structured tender process with a strict timeline that allowed to conclude the contract in only six months from the start. It was a complex project involving both ambient and temperature control areas, the biggest challenge being to set up all the details for a record transaction of more than 58,000 sqm”, said Costin Bănică, Head of Industrial Department JLL Romania.
 
The aim of the process was to create synergies within the organisation and the suppliers' network. Moreover, through the result of this process Metro addressed the workforce issue, one of the most difficult aspects of the logistics business.
 
West of Bucharest, the prime industrial area, is facing a shortage of logistics workers, the companies operating there being in the situation to attract people from 50-60 km away.
 
„Stefanesti offers all the advantages of an emerging area including a higher availability of workforce. Metro has appreciated the operational advantage of being in an area where the Ring Road is developed as an express road together with very good connections with A1 highway to Pitesti and Inner Bucharest”, comments Viorel Opaiț, Business Developer Director at JLL Romania.
 
The trend of consolidating the logistic operations in order to optimise the supply chain with the retail networks is present more and more in the most dynamic period of the industrial market.



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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