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ROMANIA INDUSTRIAL Q1 2O24

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%), […]
Post Type: insight
9 May 2024

ROMANIA INDUSTRIAL Q4 2023

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 […]
Post Type: insight
16 Apr 2024

ROMANIA INDUSTRIAL Q3 2023

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 […]
Post Type: insight
16 Apr 2024

ROMANIA INDUSTRIAL Q2 2023

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 […]
Post Type: insight
16 Apr 2024

ROMANIA INDUSTRIAL Q4 2023

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 […]
Post Type: insight
24 Jan 2024

ROMANIA INDUSTRIAL Q1 2023

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 […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL & LOGISTICS MARKET 2023

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 […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL Q4 2022

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 […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL Q3 2022

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 […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL Q2 2022

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. […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL Q1 2022

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 […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL MARKETBEAT Q4 2021

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 […]
Post Type: insight
26 May 2023
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