P3 continues expansion in Bucharest

12
Apr
2017
News - P3 continues expansion in Bucharest #Bucharest #development #indsutrial #P3 #Romania

by Ákos Budai | Industrial

P3 has started the construction of a new warehouse at P3 Bucharest Park. The 13,900 sqm logistics facility will include 400 sqm of offices. P3 is already in advanced discussions with a potential customer interested in leasing the whole building.


Since it purchased the park in 2015, P3 has built a total of 90,000 sqm of new logistics space. This latest warehouse is P3’s 12th new build at the park. During this year it will add a further 65,000 sqm in three buildings, which means that P3 is well on the way to doubling the total size of the park in just two years.
 
The Class A building will incorporate energy efficient systems including cooling units, additional roof insulation, heat recovery and low consumption LED lighting.
 
Completion of the warehouse is scheduled for August 2017, with the potential for an occupier to take early access in June.
 
P3 currently has a total of 305,000 sqn in 11 warehouses at P3 Bucharest Park. It is located just 13 km from the city centre, P3 Bucharest park is on the city ring road, which provides easy access to all six Bucharest districts, Henri Coanda International Airport (22 km away) and the A2 motorway. P3 has recently completed three new buildings at P3 Bucharest Park and is also looking to expand in Bucharest as well as central and western parts of the country.



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  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • 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.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.


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