People of Cushman & Wakefield Echinox
At the end of 2015, Romania’s modern stock of industrial and logistics spaces exceeded 2 million sq. m. Bucharest accounts for 47%, with a stock of 960,000 sq. m. Outside Bucharest, the largest markets in terms of stock are Timisoara with 13%, followed by Ploiesti – 11%, Cluj – 7% and Brasov – 7%.
New supply of industrial and logistics spaces was of 164,000 sq. m, this being the highest level recorded since 2008. Around 90% is represented by custom build facilities, completed mainly in Timisoara – 78,000 sq. m, followed by Ploiesti – 33,000 sq. m and Braila – 16,000 sq. m.
