Metro leases 58,000 sqm in Stefanesti

German group Metro Cash & Carry has consolidated its distribution activities in a single project with an area of over 58,000 square meters, to be developed by the Belgian company WdP in Ştefăneşti, north of Bucharest.

This is the largest transaction in the industrial and logistics market in Romania this year, accounting for about a quarter of the total leased area in the first nine months of the year. The deal will allow the German company to consolidate its distribution operations under one roof.

The aim of the process was to create synergies within the organisation and the suppliers’ network. Moreover, through the result of this process Metro addressed the workforce issue, one of the most difficult aspects of the logistics business.

The trend of consolidating the logistic operations in order to optimise the supply chain with the retail networks is present more and more in the most dynamic period of the industrial market. At the same time, the consolidation of logistics operations of retail networks to optimize the distribution chain is an increasing trend on the local market that crosses one of the most dynamic periods in the last 2-3 years, according to the company.