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Insights | ROMANIA INDUSTRIAL LOGISTICS MARKETBEAT H1 2018
ROMANIA INDUSTRIAL LOGISTICS MARKETBEAT H1 2018
- 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 half of the year, new supply is expected to be consistent;
- Demand was represented mainly by net take-up, with very few renewals and renegotiations recorded;
- The most active occupiers were companies active in Logistics / Distribution sector;
- In terms of occupancy costs for industrial & logistics spaces, Romania is one of the most competitive markets in Europe.
