According to CB Richard Ellis/Eurisko representatives, at the end of 2007 stocks of logistics space in Romania were up to 550,000 square meters, with a forecasted 80% growth this year, which means they will reach one million square meters.
Although logistics enjoys an important development on the local market, investors face various problems. Dorian Petrescu, consultant procurement specialist for EuroMetropola, listed some of these: identification of areas with large land tracts up for sale, positioned with easy access to main transport routes, the state of utilities and infrastructure, and access to financing, as the international finance difficulties have strained developers’ efforts to secure funds.
