CEE MARKETBEAT HOSPITALITY 2023 H2
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 companies.
The stock of industrial and logistics spaces in Romania reached 6.45 million sq. m at the end of 2022, with over 90% being located in the Bucharest – Ilfov, West, South – Muntenia, North – West and Center regions, according to the Romania Industrial & Logistics Market report produced by the Cushman & Wakefield Echinox real estate consultancy company.