by Property Forum | Industrial

Real estate developer Zacaria signed one of the largest rental contracts in 2017 for an industrial space in Sibiu, with the German company Kuka Systems, which will expand its activity in Romania. The new Kuka production space is a built-to-suit project, covering more than 10,000 sqm.


The new facility was designed according to Kuka Systems' specifications and needs, considering that the German company is doubling its production and number of employees in Romania.
 
Located in the Eastern Industrial Zone of Sibiu, only 300 meters from the A1 Highway Sibiu-Nadlac exit, Network Industrial Park occupies a platform of 87,000 square meters, while the total built surface area will reach 46,000 square meters. The first hall of 10,700 square meters, comprising of over 8,700 square meters of industrial space and 2,000 square meters of office space, will be delivered to Kuka Systems in July 2018. The German investor is considering an extension in the same location, comprising of 10,000 square meters of industrial space, to be delivered in 2019, thus reaching a total area of 20,000 square meters.
 
Regarding the rest of 26,000 square meters of industrial space from Network Industrial Park, which will be completed by the end of 2018, Zacaria is currently negotiating with several strategic clients interested in relocating their businesses. Each unit will be tailored to the client's specifications and fully equipped.
 
Real estate developer Zacaria has revitalised abandoned or underdeveloped industrial areas in the country. Subsequently, Zacaria strengthened its position by building Class A industrial parks, and thus creating new opportunities for expanding companies. Network Industrial Park in Sibiu is the newest and also the largest project that the company started from scratch, on the former BMR platform in Sibiu.