Iași is entering a new phase of industrial development, driven by two major infrastructure catalysts: the A7 motorway (Ploiești–Siret)—set to reach Pașcani by the end of this year—and the A8 motorway (Târgu Mureș–Iași–Ungheni), currently in its early stages with full completion targeted for 2030. Once finished, these two transport arteries will fully integrate the Moldavia region into Romania’s national transport grid and open direct corridors toward the Republic of Moldova and Ukraine—a compelling proposition for logistics and industrial operators eyeing the region.
Current Stock and Pipeline
Despite growing investor appetite, Iași County has historically suffered from an undersupply of modern industrial space. However, the market is shifting rapidly. Over 50,000 sq m are currently under construction, with completions scheduled for 2025–2026:
- ELI Park Iași (Element Industrial) — 20,000 sq m (2025 delivery)
- Industra Park Iași (Oresa Ventures) — 16,000 sq m (under development)
- Proinvest Park Miroslava (Proinvest) — 16,000 sq m (under construction)
An additional 125,000 sq m are in the planning pipeline. According to real estate consultancy iO Partners, this expansion is set to double Iași’s modern industrial stock within a relatively short timeframe.
Rental Rates
Prime Class A industrial and logistics rents in Iași County currently range between €4.2 and €4.6 per sq m per month, depending on unit size and lease terms. Class B properties offer lower-cost alternatives, catering to price-sensitive tenants.
Demand Breakdown
The tenant mix closely reflects the city’s broader economic footprint. The automotive sector historically commands the largest share of occupied space (35%), followed by pharmaceuticals (27%) and retail/FMCG (17%). Pure-play logistics remains underrepresented compared to other Romanian hubs at just 12%—a gap that presents a clear upside and growth opportunity as motorway connectivity improves.
