Property Times: Romania Industrial 2015

 
 
Research title:

Romania Industrial 2015

Publication name / Category:

Property Times

Date Added:

Feb 22, 2016

Research Summary:
  • Romania’s modern stock of industrial & logistics spaces exceeded 2 million sq. m in 2015.
  • New supply was of 164,000 sq. m, this being the highest level recorded since 2008.
  • Net take-up amounted 300,000 sq. m, being higher by 44% y-o-y.
  • The rental levels remained relatively stable, with prime headline rents for A class units of minimum 5,000 sq. m between € 3.6 – 3.9 / sq. m/ month.
  • In Romania, at the end of Q4 2015, vacancy rate was of 5.5%.
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