With an existing stock of 7.5 million sqm, and an additional 370,000 sqm currently under construction, Romania now ranks as the third-largest market in the CEE-14 region, trailing only Poland and Czechia.
Demand remains strong across the board, fueled by companies seeking to relocate or expand production closer to Western European markets. Bucharest continues to hold nearly half of the country's total industrial and logistics stock.
Meanwhile, the market records a notable trend of expanding demand towards regional cities due to ongoing motorway development, proximity to western borders, and the availability of land for new projects.
Victor Cosconel, Partner, Head of Leasing, Office & Industrial Agencies at Colliers, said: “Strong demand for build-to-suit facilities and modern industrial parks – well-connected to infrastructure and offering access to skilled labour – is driving the market's continued growth. We are seeing clear diversification in tenant demand, ranging from retailers and e-commerce players to manufacturers in strategic sectors such as automotive, electronics and pharmaceuticals, with growing interest in regional cities.”
The average vacancy rate remains stable at approximately 5%, with prime monthly industrial rents ranging between €4.5 and €5 per sqm. Prime investment yields are estimated at around 7.75%, surpassing the regional average.
