News Article Bucharest Element Industrial industrial logistics Romania
by Property Forum | Industrial

Industrial and logistics developer Element Industrial has received the building permit for ELI PARK 1 and has started the construction works. The park will offer 45,000 sqm of warehouse and office space following an investment of €25 million.

“Sagex Construct has won the general contractor tender and is building the first phase of the logistics park, with a surface of 20,000 sqm. The facility will be delivered in the third trimester of 2019,” Muler Onofrei, Managing Partner of Element Industrial said.
The logistics park is serviced by public transport and is located 4 km from the capital’s City Ring Road, by DN7, a four-lane national road. The main benefits are ease of access towards North and Central Bucharest as well as the immediate vicinity of Chitila/Buftea, an area with significant labour availability.