VGP expands industrial footprint in Romania

17
Mar
2025
News - VGP expands industrial footprint in Romania #industrial #Romania #VGP #VGP Park Arad #VGP Park Brașov #VGP Park Bucharest North

by Property Forum | Industrial

Industrial developer VGP has delivered and has in the construction phase several warehouses across Romania.


The company has finalised the construction of its third building in VGP Park Bucharest North, encompassing 25,950 sqm. This project integrates the latest energy-efficient solutions, including heat pumps to eliminate gas usage. 

Additionally, VGP Park Brașov is expanding by a further 13,813 sqm, simultaneously achieving the park's second BREEAM Outstanding certification, the highest level in this category.

At VGP Park Arad, VGP is constructing a 20,000 sqm factory for VAT Romania, with the plant soon to be operational. VAT Group specializes in high-performance vacuum valves, critical components for advanced research and production processes in semiconductors, LEDs, solar cells, displays, and other products requiring high vacuum environments.

With a share of 10.1% of VGP Group's total land portfolio, Romania ranks alongside key markets such as Germany (21.8%), France (12.5%), and Serbia (11.0%), highlighting its strategic importance in the company's expansion plans.




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New leases

  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
  • DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.

New appointments

  • 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.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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