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Articles - warehouse request

The demand for logistics and industrial spaces reached 575,000 sq. m. in the first 9 months of 2024, showing a 20% decline year-on-year

The demand for logistics and industrial spaces reached 575,000 sq. m during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to the Cushman & Wakefield Echinox real estate consulting company. The new demand accounted for 86% of the transacted volume.

Demand for logistics and industrial spaces at maximum levels

The demand for logistics and industrial spaces is close to registering a new record in 2022, a matter which is reflected in the vacancy rate, a rate of 4.3% (one of the lowest in the last decade) at the end of Q3, according to the Cushman & Wakefield Echinox real estate consultancy company.

The demand kept its dynamics in the first half of the year, with a traded volume of almost 250,000 sqm

The volume of industrial and logistics spaces rented in the first half of the year totaled almost 250,000 square meters, a level slightly higher than that recorded in the corresponding period last year, of approximately 240,000 square meters.

The modern stock of logistics and industrial space reached 3.4 million square meters by mid-2018

The Romanian logistics and industrial space market reached 3.4 million sqm at the end of the first semester in 2018, compared 3.05 million square meters reached in 2017, according to a study conducted by CBRE.

Industrial and Logistics Space Request in Romania Reached Historical Maximum in 2016

Industrial and logistics space request has increased last year with 50 pct., to more than 460,000 sqm, registering the highest level in the market history in Romania, according to a study of JLL Romania.

Take-up on the industrial market in Romania will remain constant this year

The gross take-up of industrial spaces (including relocations, renegotiations and extensions) will be similar this year to the take-up registered in 2014 and 2015, mainly from logistics companies in Bucharest and automotive companies in the rest of Romania, the level of rents being constant at EUR 3.5-4 / sq. m/ month.

Auto parts manufacturers sustained most of industrial request in the last two years

Auto parts manufacturers signed most of the pre-lease agreement in the last two years in the industrial sector, representing more than 60 pct of the total transactions, according to CBRE.

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