“The potential of the Romanian logistics and industrial space market remains high. Actually, in the next four-five years, it may reach 8-9 million sqm. The country’s geographic location helps us pretty much to deliver to nearby countries. We also expect to see some infrastructure works. Romania boasts many projects, but we expect the Romanian State to get more involved,” Laurentiu Duica told the videoconference “Industrial Constructions – Perspectives and opportunities on a market with development potential,” organized by Ziarul Financiar in partnership with Isopan Est.
Duica said his expectations five years ago about the evolution of the Romanian logistics and industrial space market in the following five-eight years have already been exceeded, adding that over 3 million sqm of modern logistics and production space have been built.
Many projects have been put on hold in 2020 and cannot be completed by the end of the year, in the context of the COVID-19 pandemic, but 2021 is expected to bring deliveries of over 500,000 sqm of modern space, most of which (40%) in Bucharest.