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Bucharest has attracted nearly 60% of the demand for logistic and industrial spaces this year

Bucharest has attracted nearly 60% of the demand for logistic and industrial spaces this year

The demand for industrial and logistics market in Romania reached 456,000 square meters in the first nine months of 2017, volume close to the level recorded for the entire last year, when it cumulated 463 000 square meters.

More than 70 % of the traded surface area of the 330,000 square meters, respectively, is the new demand (new contracts, pre-rent). The share of the total new demand has increased over the same period last year, which is reflected in the rates of the low vacancy rate. The renegotiations and renewals of contracts have accumulated 126,000 square meters of industrial spaces and logistics.

 


For more information, please see the Romanian version of the article, here.

Authors

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JONES LANG LASALLE SERVICES SRL