industrial space

Demand in Romania's industrial and logistics market reached 456,000 square meters in the first nine months of 2017, close to the level recorded for the whole last year when it totaled 463,000 sqm, property management firm JLL said in a report Thursday.

WDP (Warehouses De Pauw), one of Europe’s leading industrial developers, is buying a 50,000-sqm land plot in industrial park Oarja-Pitesti, and BNP Paribas Real Estate brokers the transaction, BNP said in a statement.

Industrial space rents in Romania's capital city Bucharest remained unchanged last year, at EUR48/sqm per year, which places Bucharest 38th among 49 most expensive cities in terms of rental costs for industrial spaces, according to real estate consultancy firm Cushman & Wakefield.