The current contract includes both phases of the project. Phase 1 will comprise 19,000 sqm while Phase 2 will add 16,000 sqm, with estimated completion in May 2026.
ELI Park 5 Bucharest meets the needs of today's occupiers, from retail and e-commerce to logistics and production.
WDP has launched development of a 32,000 sqm distribution centre in WDP Park Bucharest – Ștefănești for FAN Courier Group, one of Romania's leading courier and logistics operators. The €22 million investment will be realised by deploying WDP's landbank in North Bucharest, with construction beginning in early 2026 and delivery scheduled later that year.
Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.
George Gardin, Country Manager for Romania at Yellow Tree Group, spoke with Property Forum about the group's first pilot development in Romania, Aria Shopping Center, and the investment vision for the local market going forward, with a focus on diversification into hospitality and in-city logistics.
Schrack Technik Romania, the local subsidiary of the Austrian group Schrack Technik, a producer and distributor in the electrical installations and equipment market, recently inaugurated a logistics centre for electrical materials, following a €15 million investment.
Lion's Head Investments has secured the building permit for its first logistics park in Romania. The company will invest €65 million in the industrial project located in Popești-Leordeni, near Bucharest, for which construction is slated to start in Q3 2025.
The Romanian industrial and logistics market has recorded a 31% year-over-year increase in leased space, totaling nearly 260,000 sqm during Q1 2025, according to a new report by Cushman & Wakefield Echinox.
The Metaminds-Trencadis Corp Association has secured a framework agreement to provide internal cloud TIC solutions and products for Romania's Governmental Cloud project.
The European Investment Bank (EIB) has granted a €25 million loan to Patria Bank to support Romanian small and medium-sized enterprises (SMEs) and Mid-Caps.
Kai-Uwe Trillenberg will take the helm at Mercedes-Benz Romania, replacing Natalie Thompson.
Around 50% of Romanians are expressing concern that they will not be able to maintain a comfortable lifestyle after retirement, finds new research by Kearney.
The National Bank of Romania (NBR) has decided to keep its monetary policy rate unchanged at 6.50% per annum, following a meeting of its Board on October 8.
