Real Estate: The stock of rentable industrial and logistics space has exceeded 3.6 million square metres in Bucharest in the last 10 years

The modern stock of industrial and logistics space rentable in Bucharest extended almost four times in the last ten years and surpassed 3.6 million square metres, show the data published on Thursday, by one of the global leaders in real estate consultancy services.Thus, according to Colliers, the capital of Romania is at present seventh in the top of the most dynamic markets in the European Union and occupies position 5th in the ranking of growth, between 2015 and 2025. In the context, the beginning of this year brings positive signs, the volume of tradings for leasing going up to over 5% against the first semester of 2024.'The industrial and logistics sector is probably the most dynamic segment of the Romanian property market. Between 2015 and 2025, modern stock in Bucharest and adjacent areas increased from around 900,000 square metres to more than 3.6 million square metres, and by the end of the year it is likely to reach the 4 million mark. During this period, only five major European areas - Szczecin, Gdansk, Krakow, Lodz, Stockholm and Gothenburg - have seen a faster pace of growth', explains Victor Cosconel, partner | Head of Leasing | Office & Industrial Agencies at Colliers, in a press release. According to the quoted source, the developments concentrated especially in the western and north-western area of Bucharest, where there is the largest part of industrial and logistics projects. On the other hand, the consultants consider that, over the last years, the south and the eastern part of the capital city started to draw attention, due to the costs which were reduced for land and easy access to the workforce in a context of infrastructure in process of improvement.At national level, the modern stock of industrial spaces increased significantly, from 1.6 million square metres in 215 to over 7.6 million in 2025.(...) Romania still has significant growth potential, because it has a higher level of consumption than the more mature economies in the region, such as Poland, the Czech Republic or Hungary, and it uses industrial and logistical space more intensively in relation to the volume of exports. For example, for every million rentable square metres, Romania exports more than 7 million tonnes of goods, compared with 6 million in Poland and 5 million in the Czech Republic,' the statement said. The centralised data by the real estate consultancy company shows that, in the first quarter of this year, the market for industrial and logistics spare rents has increased by almost 50% against the same period of 2024 up to 156.000 square metres. This information includes only tradings with public information. Colliers is one of the global leaders in real estate consultancy services and management of the investments, which operate through three platforms - Property Services, Technical Consultancy and Investment Management. The company has annual revenues of nearly $5 billion, a team of 23,000 professionals and over $100 billion in assets under management.