about us | newsletter | contact | archive | members area
Tibor Pandi, Citi Romania
"The Government crowds out the employment market"»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Almost 100,000 sqm industrial property deals brokered by JLL in T1

Real estate consultancy JLL Romania has brokered almost 100,000 sqm industrial and logistics deals in T1, for companies such as Profi, NOD, Tibbett Logistics, KLG and Kuehne + Nagel.

2017-04-10 11:37:29

The most important deals, in terms of contracted area, was 30,000 sqm leased by Profi in Roman and 30,000 sqm leased by NOD in Bucharest. Following signed contracts, Belgian developer WDP will build a new 30,000 sqm warehouse in Roman for Profi and CTP will develop 30,000 sqm in CTPark Bucharest West for Network One Distribution (NOD).

"Industrial market continues to be very dynamic in terms of new projects delivered and demand," said Viorel Opait, business development director JLL Romania. "Retailers' expansion and consumption growth are an important driver of industrial and logistics market. Closely related to retailers, logistics companies leased almost 25,000 sqm in the first three months of this year."

Given the T1 evolution on this market, JLL estimates more than 350,000 sqm industrial deals this year, both in Bucharest and secondary cities such as Roman, Timisoara, Oradea and Cluj-Napoca. Almost 400,000 sqm industrial spaces are to be delivered in 2017 and a new market record following 340,000 sqm last year.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  4804 Views
Daily Info
Bonds of Globalworth will start trading on Bucharest Stock Exchange on July 31

Bucharest Stock Exchange (BVB) informs that the bonds of Globalworth will start trading on the main market on July 31, 2017, and are defined by the following: 5,500 bonds, nom...

OTP Bank Romania to take over Banca Romaneasca from National Bank of Greece

The National Bank of Greece signed an agreement with OTP Bank Romania on the sale of its equity holding of 99.28 per cent in Banca Romaneasca. The transaction involves the sha...

The healthcare system must be a priority, FIC says

Health is now a priority for Romanian authorities and the total spending on healthcare has grown significantly over the last four years (although it is still the lowest propor...

CET Govora reached 30 million RON profit in H1 2017

Heat and electricity producer CET Govora registered a net profit of 30.6 million RON in the first six months of 2017, compared to a net loss of five million RON in the same pe...

E van Wijk agrees new lease at P3 Bucharest park

Pan-European logistics property investor-developer P3 has signed a deal with Logistic E van Wijk, provider of integrated transport and logistics services, to lease 10,180 sqm ...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
Over 19,000 business plans submitted for Start-Up Nation program

Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment...

Sorin Grindeanu hails the support for CVM lifting before 2019

Prime Minister Sorin Grindeanu met at Victoria Palace with the European Commission President Jean-Claude Juncker. The meeting was also attended by the Public Finance Minist...

PM Sorin Grindeanu: 5.7 per cent economic growth - confirmation that the measures taken by the Government are the right

The 5.7 percent economic growth registered in the first quarter of 2017, as compared to the first quarter of 2016, an evolution which exceeds the expectations of analysts a...

President Iohannis to hold political consultation to designate future PM

Parliamentary parties are invited today to the Cotroceni Presidential Palace for consultations with President Klaus Iohannis over the designation of the future prime minist...

BVB second place in the region by number of IPOs in H1 2017

Bucharest Stock Exchange (BVB) is the second market in Central and Eastern Europe where initial public offers (IPOs) were successfully concluded in the second quarter of th...

EU bank supports expansion of Regina Maria private healthcare network in Romania

The European Investment Bank (EIB) is lending 15 million Euro to support the expansion of a private healthcare network in Romania, a press release shows. This agreement is ...

Vienna Insurance Group posts profit of 110 million Euro in Q1

Vienna Insurance Group reported a profit before taxes of around 110 million Euro in the first quarter of 2017, according to a press release.