More than 8 out of 10 industrial & logistics companies want to accelerate investments in next 12 months or to keep them similar to recent years, according to a survey conducted by Colliers International among 26 top developers and tenants in the Romanian market. Furthermore, nearly 90% of respondents with online presence want to ramp up e-commerce, especially since there is significant room to grow in this market segment, according to Business-Review.eu.
Romania’s modern industrial and logistics facilities stock reached 4.72 million square meters at the end of the first half of the “pandemic year”, which represents over 9% of the total stock in 17 of the biggest CEE economies, according to Colliers International’s exCEEding Borders report, developed in partnership with international law firm CMS and Randstad.
Uncertainties and the overall recession climate have also impacted I&L market participants, though not nearly as much as other sectors of the economy. Despite the overall recession climate, 54% of respondents consider their business pretty much as usual, with initial plans for 2020 not being affected, while the rest have seen their plans affected. The impacting factors are mainly related to „minor restrictions” and „lower demand”, according to over half of the participants to Colliers’ survey. Just 1 in 5 reported temporarily halted production, which may be the most negative response possible.
