VGP expands industrial park in Brașov by 13,813 sqm

Green Forum
Industrial developer VGP is expanding a building in VGP Park Brașov by 13,813 sqm, with 20% of the new space already leased. 

The new phase will be added to the existing building of 20,920 sqm that has already been fully leased. 

VGP Park Brașov offers a potential of 140,000 sqm of space available for lease and the developer has already delivered 55,000 sqm in three buildings. 

VGP said it is aiming to achieve BREEAM Excellent certification for the extended building. 

The Brașov region is becoming increasingly attractive to new suppliers, benefiting from a rich workforce and the presence of rapidly developing manufacturing and distribution companies, according to the developer.

RECOMMENDED
Banks interest in financing is focused on industrial
Real estate

Banks' interest in financing is focused on industrial

Monia Dobrescu, Partner at Mușat & Asociații, spoke to Property Forum about the growing role of ESG criteria in bank financing of real estate projects and the prospects for investment in the local market in 2024.

Industrial leasing in Romania down 25% in H1 2024
Real estate

Industrial leasing in Romania down 25% in H1 2024

The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report. 

Brasov modernizes lighting system
Energy

Brasov modernizes lighting system

Brasov city hall obtained almost RON 6 million (€1.2 million) non-refundable, from the Environmental Fund Administration (AFM), for the modernization of the lighting system.

RECOMMENDED FROM THE HOME PAGE
READ MORE
Green Forum  |  4 November, 2024 at 7:25 AM
Green Forum  |  4 November, 2024 at 7:23 AM