Top 5 reasons to invest in logistics

Sorina Negrila, 23 Apr 2010

Romanian version

Data for the first months of 2010 suggest the industrial space market is on a slow but sure path to recovery, with the majority of leases being announced in this sector, to which is added the delivery of a new project. The demand for distribution spaces and low construction costs are only a few reasons why real estate investors are putting their bets on industrial developments this year.

Slide 1 / 5

Europe’s second largest consumer market

The industrial property market in Romania is seen as having the largest potential in the next two-three years, said Gabriel Sfetcu (photo), Head of Industrial at Cushman & Wakefield.

One of the most important advantages of the Romanian industrial and warehouses market is that Romania is the second largest consumer market in Europe, “which stimulates the commodity volumes sold in the country and the necessary storage space for their distribution accordingly”, said Sfetcu.

Irina Iliescu Consultant at King Sturge Industrial shares the same view. “There is still a strong need in industrial space supply mainly for newly-entered companies that achieved only 20-30% of their capacity. These companies will move further with their expansion and will need logistics and distribution facilities”, King Sturge consultant said.

The real estate company King Sturge is currently handling the designing and construction of a new logistic facility developed by the Australian fund Valad Property Group in the A1 Business Park industrial campus. The project will have total area of 9,000 sqm and represents a total investment of €1.75 million.

1/5

Article comments "Top 5 reasons to invest in logistics"

Opinia cititorilor nostri este importanta pentru noi, Wall-Street incurajand publicarea comentariilor voastre. Pe site urmeaza sa isi gaseasca locul numai comentariile pertinente, on-topic, prezentate intr-un limbaj civilizat, fara atacuri la persoane / institutii. Ne rezervam dreptul de a elimina orice comentariu care nu corespunde acestor principii, precum si de a restrictiona accesul la comentarii utilizatorilor care comit abuzuri grave sau repetate.

Top 5 reasons to invest in logistics

Europe’s second largest consumer market

Article comments "Top 5 reasons to invest in logistics"

Sectiuni

Suplimente

Resurse

Catalogul wall-street

Social Media