New industrial projects under construction in Timisoara, Romania

16 February 2015

The Western city of Timisoara has the largest area of industrial spaces under construction, some 65,300 sqm, while Bucharest currently has no such spaces under construction.

The two industrial projects being built in Timisoara will be delivered in the first half of this year, according to the real estate company Cushman & Wakefield, reports local Mediafax.

The car industry supplier Continental has already rented 45,360 sqm, while the electronics company TT Electronic has rented 20,000 sqm.

In Bucharest companies haven't start developing such projects, even though they have planned investments of millions of sqm. These could be activated if the market continues to grow, or if they have pre-rentals, reads the Cushman & Wakefield press release.

editor@romania-insider.com

Normal

New industrial projects under construction in Timisoara, Romania

16 February 2015

The Western city of Timisoara has the largest area of industrial spaces under construction, some 65,300 sqm, while Bucharest currently has no such spaces under construction.

The two industrial projects being built in Timisoara will be delivered in the first half of this year, according to the real estate company Cushman & Wakefield, reports local Mediafax.

The car industry supplier Continental has already rented 45,360 sqm, while the electronics company TT Electronic has rented 20,000 sqm.

In Bucharest companies haven't start developing such projects, even though they have planned investments of millions of sqm. These could be activated if the market continues to grow, or if they have pre-rentals, reads the Cushman & Wakefield press release.

editor@romania-insider.com

Normal
 

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