H1 2026: Romania’s Industrial Market Shows Resilience Amid Rising Supply
Romania’s industrial market continues to show healthy fundamentals, with occupier demand holding up despite a sharp acceleration in new supply. Manufacturing and light industry emerged as the leading source of demand, while rising vacancy points to a market entering a more balanced phase.
Romania’s industrial market remained active in H1 2026, with gross take-up reaching 544,000 sqm and net take-up at 320,000 sqm. Manufacturing and light industry led net demand, accounting for 28%, while logistics and other occupier sectors continued to contribute significantly to leasing activity. Despite a slight year-on-year decline in net take-up, overall demand remained resilient.
The most notable development was the sharp acceleration in new supply. More than 360,000 sqm of industrial space was delivered in H1 2026, already exceeding the total volume completed throughout 2025, with 264,000 sqm delivered in Q2 alone. Total stock reached 8.52 million sqm, while 347,000 sqm remained under construction, pointing to continued expansion of the market in the coming quarters.
The increase in supply has started to translate into higher vacancy, which reached 6.2% in Q2, up from the previous year. At the same time, prime rents stabilized at €4.75/sqm/month, suggesting that pricing remains relatively steady despite changing supply-demand dynamics. Overall, the market is moving towards a more balanced phase, with continued occupier interest alongside a growing choice of available space.
Head of Industrial, Energy & Land Development
