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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Warehouses totaling 0.6 mln sqm in the pipeline for delivery in Romania this year

Major logistics players are preparing to deliver 600,000 sq m of new warehouses in 2022, according to ab analysis published by Ziarul Financiar daily.

The growth of online commerce and the need for new storage space leads to an acceleration of the deliveries of new logistics spaces at a national level, the consultants estimating that in 2022 the threshold of 6 mln sqm will be exceeded.

The most active developers were CTP and WDP, which in total delivered over 90% of the new stock in 2021, followed by VGP, Globalworth and Element Industrial expanded their industrial platforms last year.

"Bucharest attracted almost 60% of the new stock of industrial spaces delivered in 2021. Craiova, Timişoara and Cluj were other destinations preferred by developers last year. In the next period, the share of Bucharest in total deliveries could decrease, one reason being the need to expand the online business to other areas in Romania, where we will see new logistics projects to meet this demand ", said Andrei Brînzea, partner, Land & Industrial Agency Cushman & Wakefield Echinox.

(Photo: Pixabay)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Warehouses totaling 0.6 mln sqm in the pipeline for delivery in Romania this year

Major logistics players are preparing to deliver 600,000 sq m of new warehouses in 2022, according to ab analysis published by Ziarul Financiar daily.

The growth of online commerce and the need for new storage space leads to an acceleration of the deliveries of new logistics spaces at a national level, the consultants estimating that in 2022 the threshold of 6 mln sqm will be exceeded.

The most active developers were CTP and WDP, which in total delivered over 90% of the new stock in 2021, followed by VGP, Globalworth and Element Industrial expanded their industrial platforms last year.

"Bucharest attracted almost 60% of the new stock of industrial spaces delivered in 2021. Craiova, Timişoara and Cluj were other destinations preferred by developers last year. In the next period, the share of Bucharest in total deliveries could decrease, one reason being the need to expand the online business to other areas in Romania, where we will see new logistics projects to meet this demand ", said Andrei Brînzea, partner, Land & Industrial Agency Cushman & Wakefield Echinox.

(Photo: Pixabay)

andrei@romania-insider.com

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