European Outlook 2026
Bucharest, January 2026: Cushman & Wakefield Echinox announces the successful completion of the sale process for Terranova Logistic Park, located on Soseaua Bucuresti -Targoviste in the northern part of Bucharest, at the intersection with the city’s ring road. The property was acquired by a group of investors already active on the local market through various real estate investments.
Terranova Logistic Park comprises two office buildings with areas of 2,000 and 1,000 sq m, respectively, as well as two warehouse halls of 7,000 and 5,000 sq m, all situated on a 25,000 sq m plot of land.
The park was previously owned by a private group of investors, including the owners of Agora Plast, a plastics manufacturing company. Several companies operate within the project, and the occupancy rate exceeds 95%. The only available spaces are office units, totalling 700 sq m.
The park benefits from direct access to Bucharest’s ring road, as well as excellent public transport facilities, with a RATB bus stop at the entrance and Straulești metro station just 1 km away.
Cushman & Wakefield Echinox structured and brokered the transaction, providing strategic advisory services to identify the optimal solutions for both parties.
Stefan Oprea, Consultant Land & Industrial Agency, Cushman & Wakefield Echinox: “The main advantage of this project’s location lies in its strategic positioning, offering easy access to Bucharest’s ring road. This area provides excellent connectivity to the main road transport network around the capital, as well as to motorways, which is essential for logistics and distribution activities. Moreover, the proximity to public transport (bus stop at the entrance, the Straulești metro station 1 km away, Mogosoaia train station at 300 m from the park) along with a diverse commercial area, ensures convenient access for employees, partners, and clients alike.”
The industrial and logistics market in Bucharest continues to register strong growth. By the end of 2025, the total stock of industrial and logistics spaces in the Bucharest-Ilfov area exceeded 3.6 million sq m, with an occupancy rate above 94%. Increased domestic consumption and the expansion of e-commerce have driven demand for modern logistics spaces, making Bucharest an attractive destination for companies seeking efficient distribution solutions.
