Bucharest industrial property deliveries to reach seven years high in 2016, says DTZ Echinox

In 2016 deliveries of new space will exceed 300,000 sqm, a level which will increase the stock of industrial and logistics in Romania by some 15 percent, according to data released by real estate consultancy firm DTZ Echinox. Most of it (about 190,000 sqm, 63 percent) will be delivered in Bucharest, followed by Cluj, with 8 percent (25,000 sqm), Brasov, Ploiesti and Sibiu, with 5 percent each (15,000 sqm). “In 2016 in Bucharest – the largest logistics and industrial market in Romania, new deliveries are expected to reach about 190,000 sqm… Read more on www.business-review.eu