ROMANIA INDUSTRIAL Q1 2023

The demand for industrial and logistics spaces remains relatively strong at the beginning of the year, even in a context characterized by high inflation and interest rates, decelerating consumer demand and economic overall uncertainly. The total take up for Q 1 2023 was of around 331 000 sq m, up from 305 000 sq m […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL & LOGISTICS MARKET 2023

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 […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL Q4 2022

The industrial and logistics market fundamentals remain strong, as the segment registered a new record year both in terms of supply and demand Thus, the total take up for 2022 was of almost 1 3 million sq m, reflecting a 28 growth when compared with 2021 with 370 000 sq m being transacted in Q […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL Q3 2022

The y-o-y inflation rate reached 14.8% in September in Romania, one of the highest levels in the European Union and, although expected to stabilize in Q4 it is likely to remain in double digits at least until late H1 2023. The monetary policy rate has also been increased by the National Bank of Romania, up […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL Q2 2022

542,000 sq. m of industrial and logistics spaces were leased in H1 2022, a 50% increase compared with the same period of 2021, according to Cushman & Wakefield Echinox latest Marketbeat. The volume transacted in Q2 was of approximately 240,000 sq. m, which was added to the Q1 take-up of more than 300,000 sq. m. […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL Q1 2022

The demand for industrial and logistics spaces remained consistent in Q1 2022, with a total leasing activity of over 300,000 sq. m, reflecting a 50% increase when compared with Q1 2021, thus maintaining the positive trend observed during the last two years. Renewals represent only 15% of the transacted volume, the activity being mainly driven […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL MARKETBEAT Q4 2021

The demand for industrial and logistics spaces reached a new record level in Q4 2021, with a total leasing activity of 441,000 sq. m, up 46% when compared with Q3 2021 and slightly higher compared with the same period of last year. Overall, the leasing activity in 2021 has exceeded the 1 million sq. m […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL MARKETBEAT Q2 2021

The demand for Logistics spaces remained solid in Q2 2021, with a total leasing activity of 160,000 sq. m, reflecting a 20% decrease both q-o-q and y-o-y. However, the gross take-up reached 360,300 sq. m during H1 2021, reflecting a 21% y-o-y growth. The activity was mainly driven by new demand.
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL MARKETBEAT Q1 2021

The demand for logistics space remained consistent in Q1 2021, with a total leasing activity of almost 200,000 sq. m, more than double when compared to Q1 2020, as the positive trend observed during the Covid-19 pandemic went forward to 2021 as well. Renewals represent only 16% out of the quarterly volume transacted and the […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL MARKETBEAT Q4 2020

The demand for logistics space reached a new quarterly record in Q4 2020, with a total leasing activity of almost 413,000 sq. m, up 45% when compared to Q3 2020 and more than double compared to the same period last year. The transactional volume for 2020 reached 994,000 sq. m, reflecting a 109% growth. Consistent […]
Post Type: insight
26 May 2023

ROMANIA INDUSTRIAL MARKETBEAT Q3 2020

The demand for Logistics space reached a new quarterly record in Q3 2020, with a total leasing activity of almost 285,000 sq. m, up 42% when compared to Q2 2020 and four-times higher compared to the same period last year. The transactional volume for the first nine months reached 581,000 sq. m, reflecting a 94% […]
Post Type: insight
26 May 2023

WAREHOUSE READINESS ESSENTIALS CHECKLIST

As we move towards a post-COVID-19 recovery, companies will soon face the challenge of maintaining social distancing guidelines in manufacturing and distribution center environments. The Warehouse Readiness Essentials Checklist was created by Cushman & Wakefield experts in Logistics, Industrial and Production sectors, to share experiences, industry knowledge and best practices for how companies can adapt […]
Post Type: insight
26 May 2023
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