News Article Bucharest Dunwell industrial logistics MLP Romania tenant
by Property Forum | Industrial

Dunwell Industrial Brokerage has assisted MLP Group in opening a new, 2,500 sqm location in Bucharest for one of the largest banana importers and distributors in Europe, Citronex.

“Romania keeps its trend of being an attractive market to foreign investors. After their entrance on the market in 2018, Citronex’s successful business growth in Romania has led them to seek new opportunities in our country. We are excited that we have succeeded in finding the best solution, within MLP’s project in Western Bucharest, and in attracting such an important investment locally”, said Daniel Cautis, Managing Partner of Dunwell.

Through this transaction, Citronex inaugurated its second distribution centre in Romania, after the one opened last year in Timisoara.

MLP Group has started the construction of their first logistics park in Romania at the beginning of 2019. The project, located in Western Bucharest, will comprise 99,000 sqm of lettable area upon completion.

Dunwell and MLP Group have already sealed their second successful transaction in Bucharest. In the third quarter, the consultancy agency secured MLP’s first tenant – Marelvi – one of the biggest distributors in Romania. Marelvi had leased 8,400 sqm, almost a third of the first phase of the 22,000 sqm project that has already been constructed.