The industrial market is heading for another record-setting year in terms of deliveries, with modern storage spaces set to expand by some 0.7 million sqm in 2018 (a jump of at least 40% compared to 2017), to a grand total of over 4.2 million sqm.
Demand, however, has lagged behind, leading vacancy rates to move a bit higher both in Bucharest and in other parts of the country.
Consequently, the market is heading towards a more balanced position from a developer market status in recent years.
