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.




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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