Element Industrial completes first stage of Bucharest logistics park

27
Jan
2020
News - Element Industrial completes first stage of Bucharest logistics park #Bucharest #development #Element Industrial #industrial #logistics #Romania #warehouse

by Property Forum | Industrial

Element Industrial has completed the first phase of the Eli Park 1 logistics park in Chitila, northwest of Bucharest. The 20,000 sqm warehouse is leased to appliance producer Arctic, part of Turkish group Arcelik.

“Our target is to become one of the top five developers of logistics parks on the Romanian market,” said Muler Onofrei, CEO & Co-founder Element Industrial.

Element Industrial’s development pipeline includes 300,000 sqm of industrial space, to be developed over the next three years. The list of projects includes two parks in Bucharest, one in Craiova, one in Târgoviște and one in Timișoara-


Bucharest development Element Industrial industrial logistics Romania warehouse


Latest news


New leases

  • International logistics operator Logfret has leased nearly 4,900 sqm of warehouse and office space at the Segro Logistics Park Warsaw, Nadarzyn. The transaction was advised by Axi Immo.
  • Prologis has leased 2,200 sqm at Prologis Park Prague-Rudná to BattSwap. The tenant will utilize the space for assembly, storage, and office operations.
  • Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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