EQT Real Estate has confirmed the purchase of the I-78 Commerce Center, a massive 809,000 square foot distribution hub in Berks County, Pennsylvania. The move marks a significant expansion of the EQT Real Estate Industrial Core-Plus Fund IV, targeting high-specification logistics infrastructure in markets with restricted supply. With state-of-the-art features including 40-foot clear heights and extensive trailer parking, the facility is designed to meet the growing needs of national distribution networks.
LPP Logistics has signed an 11-year lease for a new Distribution Centre at CTPark Bucharest West. The nearly 60,000 sq m facility will enhance the LPP Group’s logistics for Romania, Bulgaria, and Greece. The new centre is a vital strategic move following a recent fire at the operator's previous Romanian facility. The hub will support the ambitious expansion of the Sinsay brand, which recently opened its 200th store in Romania.
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