The total stock of modern retail industrial spaces in Brasov, which covers 360,000 square meters, represents nearly 35% of Bucharest’s existent stock.
The bulk of the industrial parks are located western or northern Brasov and have tenants such as Eldon, DHL, Preh or Coca-Cola.
The largest industrial park in Brasov is Prejmer, developed by Spain’s Graells&Lonch, which covers 181,000 square meters. Other industrial parks are Brasov Industrial Park, developed by ICCO, covering 72.000 square meters as well as WDP Codlea, developed by Belgium’s WDP, covering 6,000 square meters.
“We chose to develop our own industrial park center Romania due to the increasing demand for logistic solutions of the tenants in the area. The main reasons grounding this decision are the future airport in Brasov and the announced road infrastructure, which will connect the area to the most important transport routes throughout Europe,“ said Jeroen Biermans, managing director with WDP Romania, according to CBRE report.
The rent for Brasov-based industrial parks sets at EUR4.5- EUR6 for class A buildings. The contracts usually develop on a three-year period for the already existent industrial parks and on seven to ten years for the built-to-suit projects.
(English version by Manuela Panescu)