VGP starts large scale industrial project near Bucharest

08
Sep
2025
News - VGP starts large scale industrial project near Bucharest #BREEAM Outstanding #Bucharest #industrial #leasing #Romania #VGP

by Property Forum | Industrial

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 development is planned in three phases on a 227,000 sqm plot, with the first phase including three buildings totalling approximately 114,000 sqm of lettable space. 

The first building spanning 32,979 sqm is already under construction, with completion expected in Q1 2026.

The buildings are being developed to high technical standards, featuring air heat pumps for efficient heating, a smart building management system, a clear height of at least 12 metres, and flooring that supports up to 7 tonnes/sqm. 

Strategically situated at the intersection of the A2 motorway and the Bucharest Ring Road, the park will provide modern, sustainable, and flexible spaces for logistics, e-commerce, and urban distribution. All buildings will target BREEAM Outstanding certification.

With the new planned development, the company’s portfolio is set to exceed 1 million sqm of leasable industrial spaces in Romania.




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New leases

  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • 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.

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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