Colliers International in Romania has hired Laurentiu Duica as associate director of its industrial division. Duica has over 12 years of experience in the industrial market during which he has worked on both the operational and sales side.
'The industrial market has all the prerequisites to grow in the coming years,' said Ilinca Paun, managing director Colliers International.
'Strengthening the industrial consultancy team at Colliers came as a natural step and we intend, with the help of Laurentiu and his experience, for this sector to become one of the main pillars in the growth of the Colliers business,' added Paun.
For the past two years, Duica has been head of leasing and development at P3, a specialist owner, developer and manager of European logistics properties.
P3 came to Romania in 2015 through the acquisition of the Europolis industrial park, the largest transaction ever concluded in the local industrial market.
Colliers said that the stock of industrial space in Bucharest exceeded one million m2 this year, reaching 2.3 million m2 throughout the whole country, with 170,000 m2 still to be delivered by the end of the year.