Industrial and logistic space deliveries stood at only 15,000 square meters in the first nine months of the year and no new projects are currently on the table, said DTZ.
Total stock stands at about 1.4 million square meters, of which some 900,000 square meters in Bucharest.
No new industrial/logistics projects were completed in the first half of the year in Bucharest. The 15,000 square meters delivered in the third quarter belong to logistics company DSV, which extended a deposit within logistics platform West Park, near Bucharest.
The area of rented industrial and logistic space in Bucharest decreased in the first nine months to about 45,000 square meters.
The rate of unoccupied class A industrial and logistic space in Bucharest remained unchanged at 10-13% in the first three quarters.
Rents for class B industrial spaces range between EUR2.5 and EUR3/square meter and will remain unchanged this year, according to DTZ.