In 2018, Dunwell brokers successfully facilitated transactions for 76,600 square meters of industrial and logistics space, accounting for 15% of the total market.
Of about 510,000 square meters of industrial and logistics space traded last year, Dunwell contributed to renting 15%, 5 percentage points above the 10% target initially set. Also last year, Dunwell exceeded a record, trading the largest plot of land outside Bucharest over the last five years, of 230,000 sqm.
How has a brokerage agency managed to attract such a large volume of leased and sold surfaces just a year after its establishment? Exceptional results are due to the team, now made of 7 brokers who have accumulated together many decades of experience in real estate, both in real estate consultancy, within the largest agencies in the country and in companies developing industrial premises, over hundreds of thousands of square meters of industrial or logistics space.
This rich experience, plus Dunwell's vision of "making it possible," are the catalytic factors that have prompted the advancement of the proposed objectives.
In addition to the 76,600 sqm of rented area, Dunwell contributed last year to the sale of land with a total area of 418,000 sqm. In total, the industrial and logistics brokerage agency closed 24 transactions in 2018, indirectly facilitating the creation of an estimated number of over 900 jobs.
"These beautiful results demonstrate that our mentality, responding to any requirement in this segment with the same involvement, and making possible a transaction through the correct and complete assessment of all options, is the right approach in this business," explains Marian Orzu, partner of Dunwell.
The industrial and logistics segment has grown a lot in recent years, boosted by the rise in the number of kilometers of highways in the western part of the country, FMCG appetite and online retail development. Dunwell has successfully exploited this market trend by finding the right storage formulas and expanding FMCG companies.
"The vacancy rate in this sector is below 5%, which causes developers to rent the parks from the design and preconstruction phases," points out Daniel Cautiş, Dunwell's partner.
In 2019, Dunwell will continue to keep close to the market and customer requirements, pursuing as ambitious targets as before, in the context of a market that, despite the record of deliveries in previous years, still has significant potential increase. (source: Dunwell)