Element Industrial secures new tenants in Bucharest

30
Jul
2020
News - Element Industrial secures new tenants in Bucharest #Bucharest #Element Industrial #industrial #lease #logistics #Romania

by Property Forum | Industrial

Element Industrial announced four new tenants for the recently delivered second phase of Eli Park 1. Euro Games Technology Romania, a company active in the production and distribution of a wide range of products in the gaming industry, Mobilier 1, online home & deco retailer, Decor Floor, a leader in commercial and residential floors and Dentotal, the market leader in the distribution of dentistry products rented over 10,000 sqm in Eli Park 1, the logistics park developed by Element Industrial in the Buftea Chitila area.


"We are pleased that Eli Park 1 meets the requirements of a wide range of end-users of various sizes and operating in different industries," says Muler Onofrei, CEO & Co-Founder, Element Industrial. "The location, being in an area that provides quick access to the centre of Bucharest and the Class A facilities of the park were the decisive elements for the decision to lease.”

The logistics project is served by several public transport lines and is located at a distance of 4 km from the Bucharest ring road, with direct access to a four-lane national road, DN 7. Arctic has established its distribution centre in the first phase of Eli Park 1, occupying an area of 20,000 sqm. The main advantages of the development are easy access to the north and centre of Bucharest and the general location in an area with a surplus of labour (Chitila / Buftea).

Eli Park 1 is developed as a partnership between Element Industrial and the Dedeman group in the Chitila-Buftea area, which is foreshadowed as the new local logistics hub of the Capital.




Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


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