News Article Andrei Jerca Bucharest D Craig Holding Element Group ELI Park Romania
by Property Forum | Industrial

ELI Parks, the industrial network developed by Element Group and D Craig Holding, will start two new projects with a total area of 42,000 sqm in the Buftea Chitila area, in northwestern Bucharest.

The construction of the two logistics spaces represents the extension of the company's development strategy, ELI Park Bucharest reaching a total area of 140,000 sqm. For both projects, the goal is to obtain BREEAM certification. 

"We are proud of our development plan and of the agility with which we respond to the needs of our customers. Thus, ELI Park Bucharest has become the dominant logistics hub in the Northwest area of Bucharest. We have chosen sustainable solutions for our tenants, considering cost efficiency methods for them, including the use of photovoltaic panels that will cover 30% of their consumption from renewable sources,” said Andrei Jerca, Managing Director of ELI Parks. 

Construction works for the ELI Park 4 project started in December 2022, while for ELI Park 3.3, the works will start in March 2023. Both projects will be delivered in the summer of 2023.