Industrial developer CTP will expand its project in Craiova with a new warehouse of 13,500 sqm that has been fully leased. Following the new investment slated for completion by the end of 2022, the total leasable surface will climb to 53,500 sqm.
The Romanian industrial and logistics market recorded a total demand of 562,000 sqm in the first three quarters of 2021, down only 3% compared to the same period of last year. The sector was mainly driven by new demand, which reached 86% of the total transacted volume, according to real estate consultancy Cushman & Wakefield Echinox.
Leasing activity in the Romanian industrial and logistics market was up 21% to 360,000 sqm in the first half compared to the same period of last year, driven by relocations and the closing of new contracts, according to a report by real estate consultancy Cushman & Wakefield Echinox.
The industrial and logistics market in Romania recorded leasing deals for around 200,000 sqm in the first quarter of 2021, a volume that is double compared to the same period of 2020, according to a report by real estate consultancy firm Cushman & Wakefield Echinox.
Schreder Polska and Urgo Polfa Łódź have extended their lease agreements for office space in the West Station buildings in Warsaw. The companies are using a total of more than 1,000 sqm of space.
Workspace Studio, a company specialized in office design solutions, has signed a 5-year lease extension for its office in Bucharest-based Sky Tower. The contract also includes a space expansion up to 810 sqm in the project owned by RPHI.
Depanero, the largest electro-IT service company in Romania and part of the eMAG group, has leased over 4,000 sqm in two of its buildings in Sema Parc based in Bucharest. The transaction was intermediated by real estate consultancy Griffes Romania.
New appointments
Agnieszka Baczyńska took up the position of Head of Leasing - Retail in CPIPG. She is responsible for the commercialization of retail facilities from the CPIPG portfolio. Baczyńska also manages the leasing of office space on the buildings owned by CPIPG.
Ferenc Gondi has been appointed to a new post as Country Head for CTP Hungary. He's been part of CTP's activity for over 5 years.
Barbora Jansová joined Building & Project Consultancy team at Savills Prague Office as the new ESG Consultant & Project Manager in September 2022. She will be working alongside the Head of BPC, Jan Jurčíček.
Property Forum is a leading event hub in the CEE real estate industry with nearly 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Budapest, Bucharest, Bratislava and Prague, amongst other locations.
I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.
