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Real estate: Stock of industrial and logistic areas in Romania will exceed 5 million square meters this year
The stock of industrial and logistic areas in Romania amounted to 4.66 million square meters at the end of March and will exceed 5 million square meters this year if developers carry out until the end of the year all projects announced , according to JLL real estate consulting company. In fact, in the first three months of 2020, manufacturing companies were most active in renting industrial and logistic areas.
“I have seen new companies interested in developing production projects in Romania and I think it is a good moment when we can take advantage of this interest and present all competitive advantages we are offering to convince investors that they are where they should be,”said Viorel Opait, business developer and director of JLL Romania which represented Rosti in the transaction.
JLL is a firm specialized in professional services and investment management, devoted to real estate. JLL had global incomes of 18 billion US dollars, 300 subsidiaries in 80 countries and a global team of more than 93,000 employees at the end of 2019.