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Industrial Market Barometer Autumn 2018

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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.

 

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Industrial Market Barometer Autumn 2018

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Silviu Pop

Head of Research | Romania

Bucharest

Before joining Colliers mid-2017 as Head of Research for Romania, Silviu Pop worked with ING Bank for close to three years as an economist, covering macroeconomic/financial market themes for Romania, Bulgaria, Serbia and Croatia. His previous professional experience includes working almost 7 years as a financial journalist at various media outlets in Romania, including the sole business-oriented TV station in Romania, where he hosted a daily show for a period of time; during this interval,  he won a number of scholarships, including a stint with Reuters. He holds a BSc in economics at the Bucharest University of Economic Studies.

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