According to JLL, 76% of these leases were signed in modern industrial stock.
The most significant industrial transactions include: the expansion of DB Schencker/Romtrans in Phoenix Logistics Park, a new BTS unit of Rhein Vision in Ploiesti West Park and Dachser in Ploiesti.
The main industrial space projects completed in the third quarter of the year totaled 45,000 square meters. Some 40,000 square meters are currently under construction.
Monthly industrial space rents fell slightly to some EUR3.8-4/sqm. Rents for prime light industrial facilities range between EUR3.5 and EUR4.25/sqm/month.
Monthly rents for larger distribution units (exceeding 20,000 sqm) stand at between EUR3.5 and EUR3.75/sqm. “In addition to the base rent, service charges (normally amounting to between 15 and 20% of rent) and the cost for additional handling services are normally charged back to the occupier,” reads the report.