CBRE is constantly strengthening its team of industrial and logistics spaces. After the launch of omnichannel services in Romania, the time has come to support the company’s operations throughout the Central and Eastern Europe (EEC) region. To this end, Joanna Sinkiewicz joins the CBRE team, taking over the position of Head of Industrial & Logistics CEE.
“Our recent activities confirm that the industrial and logistics market is currently the hottest real estate sector. Joanna Sinkiewicz, with extensive experience in the industry and a special instinct in business, has joined our international team. Joanna will be an important help in discussions with tenants and companies interested in establishing their operations in the Central and Eastern European region “, said Andreas Ridder, CBRE managing director for the EEC region.
In her new role as Head of Industrial & Logistics CEE, Joanna Sinkiewicz will be responsible for coordinating activities and initiatives in the industrial and logistics sector in 8 countries in the CEE region, including Romania, as well as strengthening relations with CBRE customers and identifying companies interested in extends into the region. Joanna will focus on strengthening CBRE’s regional structures and maximizing benefits for international clients as a result of their presence in all key Central and Eastern European markets.
Joanna has extensive experience with tenants in various industries, including logistics, distribution, pharmaceuticals and manufacturing, such as: Allegro, Coca-Cola, Damco, Euro-Net, FM Logistic, Inpost, Junghenrich, Medivet, Panalpina, Phoenix Pharma , Sonoco, TRW, Unisourse and UPS.
Prior to joining the CBRE team, Joanna Sinkiewicz was a partner and director of the industrial department for the EEC region at Cushman & Wakefield and the director of the Polish Industrial and Logistics Agency. Joanna is a graduate of the Faculty of Law of the University of Warsaw and the Faculty of Economics, Management and Marketing, with a specialization in real estate management. She holds the title of certified member in commercial investments (CCIM) and belongs to the real estate consulting association SIOR (Society of Industrial Office Realtors).
“Joanna will strengthen CBRE’s position in the Central and Eastern European region. The experience it brings, combined with that of our multidisciplinary team in Romania, will allow us to offer an all-inclusive service package to our clients, who are increasingly looking for multiple locations in the region “, said Răzvan Iorgu, managing director, CBRE Romania.
In Romania, the modern stock of industrial spaces reached approximately 5.38 million square meters at the end of the first six months of 2021, after 240,000 square meters were delivered in the first half, according to CBRE Research. Half of the total new supply was added to the industrial stock of Bucharest, while the second half represented extensions of the industrial hubs in the West / North West, South and Center areas of the country. Bucharest remains the largest industrial hub in Romania, with 2.68 million square meters and continues to be among the first expansion option or the first entry area for most developers, in the last five and a half years attracting at least half of annual deliveries.
The vacancy rate for modern industrial stock in Romania was 5.5% in the first six months of 2021, while in Bucharest it reached 6.0%, a downward trend compared to the last half of 2020. in the logistics parks it remained stable, at 3.90 euro sqm / month, while the net rent is 3.50 euro sqm / month for a space of 5,000 sqm, according to CBRE Research data.