P3 has a strong pipeline of Romanian projects for 2018, the company announced. P3 plans to open new locations in Bucharest and the western part of the country.
P3 Bucharest Park will remain at the core of the company's activity as it will continue to focus on maintaining its position of largest logistics park in Romania and on consolidating long-term relationships with tenants.
"Romania continues to be seen inside P3 as a market with a strong and sustainable potential, and we are prepared to take advantage of this potential through our dedicated local team and the strong support at the group level”, Sinziana Pardhan, Managing Director at P3 Romania said.
In December 2017, the company concluded the acquisition of over 17 ha of additional land next to P3 Bucharest, with the intention to expand the park to 500,000 sqm over the next two years.
P3 currently has a total of 370,000 sqm in 14 warehouses in Romania, and a further 100,000 sqm under construction, all in P3 Park in Bucharest.
