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.



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  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.
  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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