CBRE Romania Industrial Figures Q2 2026

Leasing momentum eased in Q2 2026, with total leasing activity down 6% versus Q1 and 15% below Q2 2025. Following a pre-lease-driven first quarter, the softer second quarter reads as a return to a more typical, demand-led pace rather than a change in underlying occupier appetite, with H1 cumulative volumes still tracking a solid year for the sector overall.

 

Overall H1 2026, Romania's industrial and logistics sector recorded a total leasing activity (TLA) of 458,000 sq m. Take-up reached 275,000 sq m, representing 60% of total leasing activity. The remaining 40% consisted of lease renewals and renegotiations, whose volume was 34% higher than the average recorded over the previous eight half-year periods. Pre-lease transactions also accounted for a substantial share of market activity, representing 39% of take-up volume during the first six months of the year.

 

Market demand was supported by a number of large-scale transactions, with 14 deals exceeding 10,000 sq m, two more than recorded in H1 2025. From an occupier perspective, logistics and production uses claimed most of the total leased area.

 

Compared with H1 2025, total leasing activity remained broadly stable, providing a positive outlook for the market in 2026, particularly given that 2025 itself slightly exceeded the 1.0 million sq m mark.

 

As of end-H1 2026, Romania's modern industrial and logistics stock totalled approximately 8.51 mln. sq m, with Bucharest accounting for 48% of supply. New deliveries reached 333,000 sq m during H1, with Bucharest capturing 79% of newly completed space and the Central and West/North-West regions splitting the remainder.

 

Enhanced connectivity is fostering a broader geographical distribution of demand, enabling the development of locations that have historically attracted limited industrial activity, particularly in Bucharest’s outer ring and along newly developed transport corridors.

 

Investment activity remained dormant through H1, with no transactions completed, despite continued investor appetite for the sector. A large-scale industrial transaction is currently in the works and has attracted notable investor interest, a signal that deal flow may resume later in the year.

 

Download the full CBRE Romania Industrial Figures Q2 2026 report for a complete breakdown of market trends, development activity, and leasing data.