Romania is increasingly establishing itself as a key industrial hub within CEE driven by a confluence of factors including production relocation, burgeoning investments in logistics, and a heightened focus on ESG standards, finds a Colliers report.

Industrial rents in Romania remain among the lowest in the EMEA, despite a significant 15% increase since 2019, according to a report by Cushman & Wakefield Echinox. 

Arete Park Rokycany I, located on the key corridor connecting Prague with the German border, has been completed, with the final unit handed over to its tenant.

7R has acquired a 140,000 sqm site in Stara Wieś, Mazowieckie Voivodeship. The plot will be used to develop more than 60,000 sqm of warehouse space, designed for logistics, warehousing, and built-to-own or built-to-suit projects.

The industrial area in the northeast of Jihlava, called Hruškové Dvory, is growing. The door manufacturer, the Jihlava-based Doornite company, has received a permit to build a new production hall.

Accolade is expanding into South Bohemia with the acquisition of GARBE Park České Budějovice from GARBE Industrial Real Estate.

George Gardin, Country Manager for Romania at Yellow Tree Group, spoke with Property Forum about the group's first pilot development in Romania, Aria Shopping Center, and the investment vision for the local market going forward, with a focus on diversification into hospitality and in-city logistics. 

Sorin Preda, Founder and CEO of Global Vision, talked to Property Forum about the company's new investment fund which should grow to €50 million and the vision to expand across the commercial sector as well as in the renewable energy segment as the development pipeline amounts to more than €500 million.

Garbe Industrial Real Estate Poland, in partnership with the Wood & Company Logistics SubFund, has announced the development of Garbe Park Gliwice, a new industrial complex in Poland. The park will offer 75,000 sqm of leasable space and be built to BREEAM Excellent certification standards. The investment value is expected to exceed €50 million.

International Industrial Properties (IIProp), owned by Madison International Realty and Griffin Capital Partners, will develop two built-to-suit logistics facilities in Poland for a major online marketplace operating across Central and Eastern Europe. The long-term lease agreements confirm the growing demand for modern logistics infrastructure in key Polish locations.