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

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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