Four major logistics and industrial center projects announced for 2025

The volume of leased logistics and industrial spaces in the first nine months of 2024 totaled about 575,000 square meters, representing a 20% decrease compared to the same period of 2023, according to data from real estate consultancy Cushman & Wakefield Echinox. New contracts accounted for 58% of the total volume traded.

In total, in the first nine months of 2024, projects of 275,000 square meters were delivered and buildings with areas of over 430,000 square meters are under construction. New deliveries this year are expected to total approximately 500,000 square meters.

Of the five most important projects expected to be ready in 2025, four are logistics and industrial projects – the largest is CTP, in Ploieşti, with 80,000 sqm, followed by WDP with two of 33,000 and 15,000 sqm respectively and ELI Park with another 20,000 sqm near Bucharest. The largest commercial project delivered this year is an extension of Iulius Mall Suceava. It would also be possible to deliver Mall Moldova in Iaşi, developed by Prime Kapital, next to which IKEA is also building its first store in Iaşi.