Bucharest, November 2020: The pharmaceutical company Fildas recently leased a warehouse with an area of 3,400 square meters and 400 square meters of offices for their regional distribution operations in Brasov, in the project that will be developed by [...]
Bucharest, November 2020: PUPA, the Italian cosmetics brand present in Romania since 2015 through a network of six stores located in four cities, opens three new stores in the AFI Palace Cotroceni shopping center in Bucharest, AFI Palace Ploieşti [...]
Bucharest, November 2020: The Tei Group, which includes the Farmacia Tei network of pharmacies and Bebe Tei stores, leased a space of approximately 10,000 square meters in the Metav industrial park in northern Bucharest, to build a semi-automatic warehouse, [...]
Bucharest, November 2020: Agroland, the network stores specialized in selling agricultural products, established in 1997 in Timișoara, inaugurated the first Agroland MEGA unit in Bucharest and the largest store in the network within the Penny Center project in the [...]
Bucharest, November 2020: The Romanian logistics market will have a record demand in 2020, with a transactional volume exceeding the 700,000 square meters threshold, amid the accelerated development of ecommerce and the positioning of Bucharest as a regional logistics [...]
Logistics demand hits new records The demand for Logistics space reached a new quarterly record in Q3 2020, with a total leasing activity of almost 285,000 sq. m, up 42% when compared to Q2 2020 and four-times higher compared to [...]
A small decline in terms of new supply The total new supply for the first nine months of 2020 reached 124,000 sq. m, reflecting a 35% y-o-y decline. The modern office stock of Bucharest reached 2.9 million sq. m. Covid-19 remains [...]
Bucharest, November 2020: The office market in Bucharest continues to grow, in the first nine months of the year being delivered new spaces with a total area of 124,000 square meters, while developers have in various phases of construction [...]
Low supply in Q3 Only one delivery has been recorded in Q3, namely Dâmboviţa Mall (31,200 sq. m) developed by Prime Kapital, the first modern retail project in Târgovişte. Another major delivery is expected in Q4, when AFI Palace Braşov [...]
Bucharest, November 2020: The stock of modern retail spaces in Romania has exceeded the level of 4 million square meters after the latest deliveries of shopping centers, but the market development pace will slow down in the next period, [...]
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