The new supply of modern industrial & logistics spaces was modest throughout Q1, as the most significant deliveries were represented by a 23,600 sq. m expansion of CTPark Bucharest West and also by 8,800 and 6,200 sq. m spaces developed by WDP in Sibiu and Almaj (Dolj). The vacancy rate slightly increased in Bucharest (6.1%), […]

2023 was another strong year for the industrial and logistics market, as the segment registered a consistent activity both in terms of supply and demand. The total annual take-up surpassed 1 million sq. m, in line with the levels reported in the 3 years beforehand, with almost 300,000 sq. m being transacted in Q4. The […]

In Q3 2023, the total leasing activity in Romania slowed down compared with the previous quarter, with the gross take-up totaling around 169,000 sq. m, corresponding to a 20% q-o-q decrease, while Bucharest saw a sharper decline of 26%. As a result, the YTD transactional volume was 716,000 sq. m, resulting in a 22% y-o-y […]

The leasing activity on the industrial and logistics property market registered another strong quarter in Q2 2023, with a gross take-up of over 215,000 sq. m, bringing the transactional volume for the first half of the year at 547,000 sq. m, corresponding to a slight growth when compared with H1 2022. The new demand continues […]

2023 a fost un alt an puternic pentru piața industrială și logistică, având în vedere că acest segment imobiliar a înregistrat o activitate consistentă atât în ceea ce privește oferta, cât și cererea. Suprafața totală închiariată a depășit 1 milion mp, în linie cu nivelul mediu înregistrat în ultimii 3 ani, cu aproape 300.000 mp […]

The demand for industrial and logistics spaces remains relatively strong at the beginning of the year, even in a context characterized by high inflation and interest rates, decelerating consumer demand and economic overall uncertainly. The total take up for Q 1 2023 was of around 331 000 sq m, up from 305 000 sq m […]

The industrial and logistics market registered a new record year both in terms of supply and demand, with development being concentrated in the Bucharest – Ilfov and West regions. However, other areas have also benefited from consistent investments in such projects in the last few years, with demand being mainly driven by logistics and retail […]

The industrial and logistics market fundamentals remain strong, as the segment registered a new record year both in terms of supply and demand Thus, the total take up for 2022 was of almost 1 3 million sq m, reflecting a 28 growth when compared with 2021 with 370 000 sq m being transacted in Q […]

The y-o-y inflation rate reached 14.8% in September in Romania, one of the highest levels in the European Union and, although expected to stabilize in Q4 it is likely to remain in double digits at least until late H1 2023. The monetary policy rate has also been increased by the National Bank of Romania, up […]

542,000 sq. m of industrial and logistics spaces were leased in H1 2022, a 50% increase compared with the same period of 2021, according to Cushman & Wakefield Echinox latest Marketbeat. The volume transacted in Q2 was of approximately 240,000 sq. m, which was added to the Q1 take-up of more than 300,000 sq. m. […]

The demand for industrial and logistics spaces remained consistent in Q1 2022, with a total leasing activity of over 300,000 sq. m, reflecting a 50% increase when compared with Q1 2021, thus maintaining the positive trend observed during the last two years. Renewals represent only 15% of the transacted volume, the activity being mainly driven […]

The demand for industrial and logistics spaces reached a new record level in Q4 2021, with a total leasing activity of 441,000 sq. m, up 46% when compared with Q3 2021 and slightly higher compared with the same period of last year. Overall, the leasing activity in 2021 has exceeded the 1 million sq. m […]

The demand for Logistics spaces remained solid in Q2 2021, with a total leasing activity of 160,000 sq. m, reflecting a 20% decrease both q-o-q and y-o-y. However, the gross take-up reached 360,300 sq. m during H1 2021, reflecting a 21% y-o-y growth. The activity was mainly driven by new demand.

The demand for logistics space remained consistent in Q1 2021, with a total leasing activity of almost 200,000 sq. m, more than double when compared to Q1 2020, as the positive trend observed during the Covid-19 pandemic went forward to 2021 as well. Renewals represent only 16% out of the quarterly volume transacted and the […]

The demand for logistics space reached a new quarterly record in Q4 2020, with a total leasing activity of almost 413,000 sq. m, up 45% when compared to Q3 2020 and more than double compared to the same period last year. The transactional volume for 2020 reached 994,000 sq. m, reflecting a 109% growth. Consistent […]

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 the same period last year. The transactional volume for the first nine months reached 581,000 sq. m, reflecting a 94% […]

As we move towards a post-COVID-19 recovery, companies will soon face the challenge of maintaining social distancing guidelines in manufacturing and distribution center environments. The Warehouse Readiness Essentials Checklist was created by Cushman & Wakefield experts in Logistics, Industrial and Production sectors, to share experiences, industry knowledge and best practices for how companies can adapt […]

The Industrial and Logistics markets had a promising start in 2020, with both demand and supply at almost similar levels compared to Q1 2019. Total leasing activity was 97,000 sq. m in Q1 2020, while completions reached 157,000 sq. m, compared to 152,000 sq. m in Q1 2019. Demand is driven from a variety of […]

The industrial and logistics market in Romania is currently enjoying its best period in history, both in terms of supply and demand, doubling its total stock during the past five years. In the first six months of the year, new industrial and logistics spaces with an area of ​​200,000 square meters were delivered, with Bucharest […]

The industrial & logistics stock in Romania reached 3.12 million sq. m at the end of H1 2018; Bucharest remains the largest market, representing almost half of the total stock; Throughout the first half of the year, new supply amounted a little over 100.000 sq. m and was completed mainly in Bucharest; For the second […]

The industrial and logistics market in Romania is witnessing a very dynamic period, with retail, logistics and industrial companies actively looking to expand operations; Bucharest remains the dominant sub-market, concentrating ~ 45% of the existing stock of 2.65 mil. sq. m and over 56% (250,000 sq. m) of the new supply announced for 2017 (~ […]

At the end of H1 2017, industrial & logistics stock in Romania reached 2.65 million sq. m. In the first half of 2017, approximately 80,000 sq. m of industrial & logistics spaces were delivered. A little over 65% from the total volume was completed in Bucharest. Throughout the first half of the year, approximately 350,000 […]

The industrial & logistics market in Romania had a promising start in the first quarter of 2017, new supply being almost three times higher compared with the same period last year. Demand was strong, coming especially from companies active in the Logistics/Distribution and Retail sectors. The rental level has remained relatively stable, with prime headline […]

Throughout 2016 the industrial & logistics stock in Romania increased by 20% and reached 2.5 million sq. m. Bucharest remains the largest market. Outside Bucharest, the vast majority of the existing supply is divided between five regional markets: Timisoara, Ploiesti, Cluj, Brasov and Pitesti. In 2016 more than 370,000 sq. m of industrial & logistics […]