Cushman & Wakefield Echinox to manage the sale of REHAU properties in Romania

German group REHAU has appointed the real estate consulting company Cushman & Wakefield Echinox to manage the sale process of two production units in Cluj (Apahida) and Bucharest (Tunari), as part of the relocation process of REHAU Romania offices in central locations and the construction of the new hub in Sibiu by the end of 2022.

The property in Cluj county is located near Apahida train station and in the immediate vicinity of Avram Iancu International Airport. The property has immediate access to DN1C national road, which connects Cluj-Napoca, Târgu Mureș and Reghin, as well as access to the Ring Road. The land area has 16,900 square meters, the production and storage space have 2,000 square meters, and the office space 1,000 square meters.

The property near Bucharest is located in Tunari, in a developing industrial area, located between two emerging logistics poles: North-West (Chitila-Mogoșoaia-Dragomirești) and North (Ștefănești). The property has immediate access to the Ring Road, having a strategic location for fast deliveries to Bucharest and the surrounding cities. The land area has 25,500 square meters, the production and storage space have 1,900 square meters and the office space 1,650 square meters.

The REHAU Group is a polymer specialist with annual sales of around EUR 3.5 billion. The independent, privately held company has approximately 20,000 employees at more than 170 locations worldwide. The company employs 12,000 throughout Europe and 8,000 in Germany. The company manufactures solutions for construction, automotive and industry and supplies its products throughout the world. REHAU has a history of 25 years in Romania and currently has 86 employees nationwide. The company’s turnover was 44 million Euro in 2019.