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Almost 100,000 sqm industrial property deals brokered by JLL in T1

Real estate consultancy JLL Romania has brokered almost 100,000 sqm industrial and logistics deals in T1, for companies such as Profi, NOD, Tibbett Logistics, KLG and Kuehne + Nagel.

2017-04-10 11:37:29

The most important deals, in terms of contracted area, was 30,000 sqm leased by Profi in Roman and 30,000 sqm leased by NOD in Bucharest. Following signed contracts, Belgian developer WDP will build a new 30,000 sqm warehouse in Roman for Profi and CTP will develop 30,000 sqm in CTPark Bucharest West for Network One Distribution (NOD).

"Industrial market continues to be very dynamic in terms of new projects delivered and demand," said Viorel Opait, business development director JLL Romania. "Retailers' expansion and consumption growth are an important driver of industrial and logistics market. Closely related to retailers, logistics companies leased almost 25,000 sqm in the first three months of this year."

Given the T1 evolution on this market, JLL estimates more than 350,000 sqm industrial deals this year, both in Bucharest and secondary cities such as Roman, Timisoara, Oradea and Cluj-Napoca. Almost 400,000 sqm industrial spaces are to be delivered in 2017 and a new market record following 340,000 sqm last year.



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