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  |  2013-08-08

CBRE Romania: Record of contracts renewals on the industrial space market in Romania in H1

Renewals of contracts for modern warehousing and logistics facilities totaled 80,000 square meters in the first half of this year, the highest level registered so far in the local market, according to CBRE report on the industrial market in Romania in H1 2013

Marian Orzu, Industrial Dept Director, CBRE Romania

This record is due to the large number of contracts signed for a period of five years 2008-2009, reaching the timeout period.

 

"In the last six months have been completed 24 transactions with an average area of ​​6,400 sqm. Bucharest registered the most part of transactions, followed by Timisoara and Ploiesti. Although the capital will continue to be the most active region in terms of demand and total trading activity, we estimate that the Centre and the West of the country will be strengthened as equally attractive areas for tenants and developers, " said Marian Orzu , Head of Industrial and Logistics, CBRE Romania.

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