about us | newsletter | contact | archive | members area
TEODOR BLIDARUS, ANIS ROMANIA
Everybody wants to be more efficient, there are various technologies which can help you »
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Industrial spaces demand has reached historic high in 2016, says JLL

Demand of industrial and logistics spaces grew last year by 50 per cent to over 460,000 square meters, recording the highest level in the history of the Romanian market, according to JLL Romania.

2017-01-23 14:32:36

The increase was driven by consumption, given that 40 per cent of demand came from retail companies and e-commerce, while Bucharest had a 65 per cent contribution to the total.

Last year, retailers have rented nearly 186,000 square meters of logistic spaces, increasing their market chains. Logistics and production companies traded approximately 140,000 square meters - one third of total demand - while automotive manufacturers have signed contracts of about 72,000 sqm.

"Most likely FDI will exceed four billion Euro in 2016 while at the end of November there were reported 3.9 billion Euro, a record level for the past eight years," said Cristina Pop, associate director, head of industrial agency, JLL Romania. "Also, consumption increased by ten per cent last year, fuelled by lowering VAT and wage increases. All these are elements that have favoured the increased demand to a historic level for this market."



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  3732 Views
Daily Info
Cushman & Wakefield Echinox expands its retail department with new appointment

Cushman & Wakefield Echinox consolidates its retail team by recruiting Dana Radoveneanu, a specialist with six years of experience of the local retail market, a press release ...

Banca Transilvania posts 246 million RON profit in the first quarter of 2017

Banca Transilvania's net profit is 246 million RON (54.6 million Euro) for the first quarter of 2017, whereas Banca Transilvania Financial Group's net profit amounts to 267 mi...

Greg Konieczny, FP: We really need a miracle to think about Hidroelectrica's IPO this year

There are some good news and some bad news about Hidroelectrica lately, according to Greg Konieczny, director of Fondul Proprietatea, who said in a press meeting that 'we real...

PM Grindeanu: Income tax applied in other countries, we are not reinventing the wheel

Prime Minister Sorin Grindeanu stated on Monday evening at a private TV broadcaster that he expects a final draft of the income tax project so that he can decide, but underlin...

Electrica to repair its damaged power grid in the next 48 hours, 25,000 consumers still affected by power outage

Due to severe weather conditions (rain, snow and strong wind) in the south-eastern counties of Romania on April 20, 2017, Electrica had several power grid failures within its ...

 
 
   
advertising

advertising

advertising

advertising

More on News
Iohannis: I explained to EU leaders multi-speed Europe is not a good solution, could end in split-up

President Klaus Iohannis, speaking after the European Council's meeting, said that he explained to EU leaders that a multi-speed Europe is not a good solution and that in e...

BRUA pipeline to operate in 2020 when Exxon, Petrom will extract Black Sea gas

The works at the BRUA (Bulgaria - Romania - Hungary - Austria) pipeline will start at the end of 2017, and the gas pipeline will become operational in 2020, when ExxonMobil...

Ninety-seven per cent of household waste ends up in landfills, says ARBIO

As much as 97 per cent of Romania's household waste ends up in landfills, and Romania could be fined starting in 2020 about 500,000 Euro per day if it fails to bring the nu...

Net investment in national economy, down 3.3 per cent in 2016

Net investment carried out last year in Romania's national economy stood at 70.281 billion RON (15.6 billion Euro, declining 3.3 per cent from 2015, according to data relea...

Commercial property investments in Romania exceeded 850 million Euro last year, says DTZ

In 2016, the total volume invested in commercial property in Romania exceeded 850 million Euro, a DTZ Echinox report shows. Bucharest attracted 660 million Euro, which repr...

Romania has significant potential in agriculture, but low productivity, says PwC Romania

Romania is one of the European countries with the highest potential in agriculture with the sixth biggest agricultural use area in the EU, but it has a low productivity due...

PM Grindeanu in Brussels: Policies on cohesion funds, common agricultural policies important to Romania

The policies regarding the cohesion funds and the common agricultural policies are important to Romania, Prime Minister Sorin Grindeanu said in Brussels, in talks with seve...