Romania’s economy registered 2021 as a year of rebound, a ground zero for positive growth after the reset from 2020 experienced worldwide. The ascending trend is forecasted to maintain in 2022 as well.
The momentum created in 2020, continues to generate positive reverberations in the leasing activity and speedy developments. The future new supply will push the modern stock over the 6.0 mln. sq m threshold.
The Romanian Industrial modern stock is analysed based on the division in five regions of the country. Half of the modern stock is located in the capital city and its proximities.
Bucharest and Ilfov counties forecasts show a 0.2 pps higher GDP annual increase compared with national level. Activating mainly in retail related services, the capital’s inhabitants have the largest purchasing power in the country.
Largest regional logistics hub, the Western/ North Western sub-market accommodates through important cities such as Timisoara and Cluj-Napoca both developers and tenants internationally renowned, enjoying country’s western border proximity.