Romania Industrial MarketView Q3 2019

30 oct. 2019

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By the end of Q3 2019, Romania modern industrial stock reached 4.3 mln. sq m out of which 84% is represented by class A properties.

The vacancy rate at the end of Q3 2019 for the Romanian industrial stock is 6.0%, the regional cities registering a vacancy of 4.3%.

Q3 2019 witnessed the delivery of 186,000 sq m in 11 industrial schemes, 55% being located in regional cities.

By the end of the year we expect another 75,000 sq m to be delivered and considering all the under – construction projects, we estimate that at the end of 2020 the modern industrial stock will account 4.75 mln. sq m.