Industrial developer VGP has started the construction on VGP Park Bucharest 2, a new industrial and logistics project with a leasable area of around 114,000 sqm.
The EBRD has invested €76 million in VGP's green bond program, supporting the company’s development and fund acquisitions of sustainable parks across Croatia, Czechia, Hungary, Romania, Serbia, and the Slovak Republic.
VGP has achieved full occupancy in VGP Park Ústí nad Labem City by leasing the remaining 18,800 sqm of warehouse and operational space in halls B and C.
Romania's industrial and logistics sector saw a 27% rise in new supply in 2024, with 572,000 sqm of new spaces completed. The total stock now stands at almost 7.6 million sqm, and over 200,000 sqm are currently under development. according to research by Cushman & Wakefield Exhinox.
VGP has completed the final phase of VGP Park Olomouc by handing over Hall E to Mapei. VGP Park Olomouc with a connection to the D46 highway has been offering offers spaces for production, logistics and business activities.
VGP has reached another milestone in VGP Park Ústí nad Labem City. It has completed and handed over building B, where RTR-TRANSPORT A LOGISTIKA has leased warehouse and office premises.
VGP NV has announced results for the first half of 2024. Compared to the first half of 2023, profit before tax has increased by 218%. The company has also concluded a record volume of new rental contracts.
Laboratoires Théa, a leader in the European and Polish ophthalmology market, has joined the tenant roster at the LIXA C office building in Warsaw. The company’s local subsidiary, Théa Polska, has leased nearly 1,000 sqm of modern office space on the first floor of the building owned by Yareal Polska.
IWG has opened a new Regus work space at Sky Tower, Chișinău. The company has opened a 1.000 sqm space on the first floor of the office building.
Strategy has extended its lease agreement for office space in the Skyliner office building in Warsaw, part of the Karimpol Group's portfolio. Strategy occupies 1,500 sqm of office space on the 22nd floor of Skyliner I and was the building's first tenant.
New appointments
Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.
Věra Hordóssyová has joined GARBE Group as Account and Financial Manager. She brings over 20 years of experience in finance and accounting, having held roles such as Chief Accountant and Financial Controller.
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