Romanian industrial market continues to growth
According to JLL’s research, the total demand for industrial and logistics spaces in Romania in the first nine months of 2020 reached 355,000 sqm
The total demand for industrial and logistics spaces in Romania in the first nine months of 2020 reached 355,000 square meters and continued to be above the level recorded in the same period last year (337,000 square meters). It should be noted that over 85% of the traded area represented net demand, ie new contracts.
Almost 48% of the rented area this year was in the projects in Bucharest, the rest being divided in the rest of the country, with Timisoara (76,000 sqm), Craiova (57,400 sqm) and Arad (19,100 sqm) in the foreground.
In terms of the most active areas on the logistics space rental market, on the first place are those in FMCG, with 48% of the traded area, followed by production (16.8%) and logistics (15.2%).
JLL had a 48% market share in the first 9 months of the year, being involved in the largest industrial and logistics space rental transactions.
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