In the first nine months of the year, industrial total leasing activity (TLA) overpassed half a million sq m, reaching 613,000 sq m, a value almost double compared with the same period of the previous year, achieving thereby unprecedented limits.
82% of the TLA was represented by take-up (total leasing activity excluding renewal and renegotiations), meaning 504,500 sq m, out of which 47% were pre-lease deals.
At the end of the third quarter of 2020, Romania’s modern industrial stock reached 4.84 mln. sq m, 45% of the total area being located in Bucharest. New supply accounts for 389,000 sq m, 20% of it being delivered during the third quarter.