Industrial rents in Romania remain among the lowest in the EMEA, despite a significant 15% increase since 2019, according to a report by Cushman & Wakefield Echinox.
Global industrial rents have surged by an average of 41% since 2019, and while in EMEA they gained 38%. Romania's average monthly industrial rents stand at €4.70 per sqm, significantly below the global average.
In addition, the report highlights CEE as a strategic area attracting increased interest from occupiers and investors due to economic uncertainty, inflationary pressures, and the need for flexibility.
Ștefan Surcel, Head of Industrial Agency at Cushman & Wakefield Echinox, said: "These global trends have a direct impact on the industrial real estate market, pushing developers, investors, and occupiers to rethink their strategies. The increased demand for modern spaces tailored to the specific needs of each sector is putting pressure on available stock and driving rental growth. In this context, regions that can offer quality infrastructure, skilled labor, and proximity to consumer markets—such as Central and Eastern Europe—are well positioned to attract investment and become regional logistics hubs.”
Key drivers for industrial space demand include e-commerce, retail distribution, and general manufacturing, with automotive and high-tech manufacturing also identified as significant contributors. Cold storage is also a crucial factor, though its limited supply presents challenges.
