Of the total area leased within the SPACEPLUS Chitila warehouse, 50 sqms wil be allocated to office space.
The warehouse will operate as a national hub for the distribution of spare parts for agricultural machines, while enhancing the logistical optimization of IPSO Agricultura in Romania and neighboring countries.
“The full ISU certifications, energy efficiency and adaptability of the premises were all very important in our decision-making process as we establish here an important hub for our regional presence,” said Robert Tanase, Network Development Manager of IPSO Agricultura.
The transaction was intermediated by Griffes Real Estate Advisory, through Andreea Paun.
Maria Jianu, Leasing Director SPEEDWELL, says the project meets the needs of small- and medium-sized enterprises (SMEs) and confirms the attractiveness of the SPACEPLUS concept. In turn, Andreea Paun, Managing Partner Griffes, says the transaction was completed in record time.
Despite high demand—supported by sectors such as logistics and production—Romania continues to face a structural shortfall of approximately 2 million sqms of modern logistics space, especially in formats tailored to SMEs and last-mile operations, where supply remains significantly underdeveloped. As of mid-2025, Romania’s total modern industrial stock reached 7.75 million sqms, with ~184,000 sqm delivered in H1, and a further ~367,000 sqms under construction. The vacancy rate edged up slightly to 5.8%, though a downward trend is expected due to a limited pipeline of speculative projects. Leasing activity remains robust, with H1/2025 take-up reaching 514,400 sqms—a 25% year-on-year increase—driven by strong demand in major logistics and production hubs. Notably, net take-up accounted for 66% of the total volume.