In Bucharest a company pays a rent of €57/sqm/annum for prime industrials spaces, or €4.75/sqm/month.
“Occupancy costs for industrial spaces will generally remain at last year’s level. The vacancy rates stands currently at 10-12%, compared to 4% in 2008”, said Gabriel Sfetcu (photo), Head of Industrial at Cushman & Wakefield Romania.
For 2010, the real estate consultant expects a minor increase in industrial space demand, led by small spaces of 1,000sqm – 2,500 sqm.
“We expect to see a slim increase this year of 10% at the most from 2009”, Sfetcu pointed out.
Industrial rents in the logistic segment stands below the level recorded in Sofia where the annual rent is €61.11/sqm but above Budapest where a company pays €49.80/sqm/annum.
World’s most expensive industrial locations as listed by the real estate consultant are: London (€200.28/sqm/annum), Tokyo (€151.73/sqm/annum) and Hong Kong (€145.89/sqm/annum).
Cushman & Wakefield Romania is one of the largest real estate advisers in the country, with revenues of €5.4 million in 2008. The company said recently it completed the leasing of a 1,700sqm industrial space in Monsena Distribution Center.
In lipsa unui acord scris din partea InternetCorp, puteti prelua maxim 500 de caractere din acest articol daca precizati sursa si daca inserati vizibil linkul articolului Bucharest goes up to two places in the top most expensive industrial locations.