Tag: industrial (111 articles)

Real estate   |   11 February, 2025 at 9:20 AM

Romania's industrial pipeline exceeds 200,000 sqm in 2025

Romania's industrial and logistics sector saw a 27% rise in new supply in 2024, with 572,000 sqm of new spaces completed. The total stock now stands at almost 7.6 million sqm, and over 200,000 sqm are currently under development. according to research by Cushman & Wakefield Exhinox.

Real estate   |   7 February, 2025 at 9:48 AM

Industrial leasing in Romania slides 20% during 2024

Leasing of industrial and logistics spaces in Romania amounted to around 620,000 sqm in 2024, down by around 20% compared to the near-record level reached in 2023. The overall stock rose by 400,000 sqm to 7.4 million sqm at the end of last year, according to a report by Colliers. 

Real estate   |   2 December, 2024 at 11:31 AM

GARBE announces full occupancy in CEE

GARBE has been on the markets in Central and Eastern Europe for 4 years. Now the company has announced the full occupancy of all its industrial parks in the region. 

Real estate   |   11 November, 2024 at 8:52 AM

Garbe Industrial Real Estate expands in Romania

German developer Garbe Industrial Real Estate has set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in this market and implement its own property developments. 

Real estate   |   17 October, 2024 at 6:21 PM

Romania's industrial stock to grow by 500,000 sqm in 2024

Romania's total stock of industrial and logistics spaces could reach the 8 million sqm threshold at the end of 2025, if the recent annual development pace of around 500,000 sqm is maintained, according to a report by Cushman & Wakefield Echinox. 

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Energy

PPC blue secures EU funding for EV chargers

PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.

Economy

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.