Industrial Market Barometer Autumn 2018

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The industrial market is heading for another record-setting year in terms of deliveries, with modern storage spaces set to expand by some 0.7 million sqm in 2018 (a jump of at least 40% compared to 2017), to a grand total of over 4.2 million sqm.

Demand, however, has lagged behind, leading vacancy rates to move a bit higher both in Bucharest and in other parts of the country.

Consequently, the market is heading towards a more balanced position from a developer market status in recent years.

 

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Industrial Market Barometer Autumn 2018

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Silviu Pop

Head of Research | Romania

Bucharest

Before joining Colliers mid-2017 as Head of Research for Romania, Silviu Pop worked with ING Bank for close to three years as an economist, covering macroeconomic/financial market themes for Romania, Bulgaria, Serbia and Croatia. His previous professional experience includes working almost 7 years as a financial journalist at various media outlets in Romania, including the sole business-oriented TV station in Romania, where he hosted a daily show for a period of time; during this interval,  he won a number of scholarships, including a stint with Reuters. He holds a BSc in economics at the Bucharest University of Economic Studies.

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Laurentiu Duica

Director | Partner | Romania

Bucharest

Over 12 years’ worth of experience in the industrial market, and has worked both in the operational and sales side. Prior to joining Colliers International, he was head of leasing and development at P3, a developer and manager of European logistics properties. Laurentiu has also worked for seven years at FM Logistics, one of the largest logistics providers in Europe and Romania, advancing to the position of commercial manager.

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