The dynamic growth of Romania's logistics market
Romania's industrial and logistics sector is experiencing robust expansion, with over 622,000 square meters of new warehouse and logistics facilities currently under construction or undergoing significant upgrades.
These projects represent a substantial investment approaching 172 million euros, underscoring the country's growing appeal as a strategic logistics hub in Central and Eastern Europe, according to data from IBC Focus.
Key logistics and industrial projects on the horizon
Leading this wave of development is the DP World intermodal terminal in Constanța, a massive project spanning over 106,000 square meters with an investment of approximately 39 million euros, set to enhance multimodal transport capabilities significantly.
Major developers like CTP are actively expanding, with a substantial 103,000 sq m hall in Bolintin-Deal, alongside new facilities totaling 54,000 sq m in CTPark Bucharest and 37,000 sq m in Joița. WDP and MLP are contributing with a 60,000 sq m logistics complex in Chitila.
Other notable developments include nearly 60,000 sq m of storage halls by Helios Phoenix in Otopeni, a 55,000 sq m Altex warehouse in Dragomirești-Vale, a 31,000 sq m Emag depot in Chitila, and a new 25,000 sq m Logicor facility in Pantelimon. These projects collectively offer diverse warehouse space and storage solutions, catering to a wide range of business needs.
Market trends and driving factors for business expansion
The robust growth continued into 2024, with approximately 400,000 square meters of new industrial and logistics spaces delivered, pushing the total stock to 7.4 million square meters, as reported by Colliers.
While established players like CTP and WDP maintain a strong presence, new developers such as Garbe and Hillwood are intensifying their activities, signaling a vibrant and competitive market for businesses seeking industrial property in Romania.
A significant trend observed in 2024 is that one-third of the leased spaces were allocated for production activities, highlighting major investments in Romania's manufacturing sector and the growing demand for industrial real estate beyond pure storage.
Strategic advantages and future outlook for investors
Improvements in infrastructure are a key catalyst for the sector's growth. Romania saw the delivery of 1,200 kilometers of rapid roads in 2024, with an ambitious target of 2,000 kilometers by the end of the decade.
This enhanced connectivity significantly improves supply chain efficiency and makes Romania an even more attractive location for logistics hubs and distribution centers. Romania's long-term potential remains strong, driven by a competitive workforce, its strategic geographical position, and ongoing infrastructure investments.
The total industrial and logistics stock is projected to reach 8 million square meters by the end of 2025, with a realistic target of 11-12 million square meters by the end of the decade. This sustained growth underscores Romania's position as a prime destination for businesses looking for expansion opportunities and reliable commercial real estate.
Source: economica.net