P3 secures passenger train stop for Bucharest park

08
Oct
2020
News - P3 secures passenger train stop for Bucharest park #Bucharest #industrial #logistics #P3 #railway #Romania #train #transport

by Property Forum | Industrial

P3 Logistic Parks signed a collaboration protocol with the Regional Branch of Railway Transport for Passengers Bucharest (CFR Călători). The agreement grants train stops next to P3 Bucharest A1 park for the Regio and InterRegio trains circulating the route Bucharest - Videle and back. This new transport facility will allow P3 Bucharest A1’s tenants to recruit labour force from adjacent locations, on the route Roșiori - Videle - P3 Bucharest A1 - Basarab - Gara de Nord and back. Starting 21 September, P3’s park in Bucharest can be accessed also by train, from Gara de Nord or Basarab, in a 17-25 minutes trip.


P3 is the only developer of logistics spaces offering rail transport solution for passengers in Romania, thus completing the rail freight services active since 2011 within the intermodal terminal at P3 Bucharest A1.

“We are happy to be able to offer our clients this facility and to meet the problems they face when looking to recruit workforce. Compared to the minibuses currently used by our tenants, rail transport is intended to be a more cost-effective and faster alternative to bringing labour force to P3 Bucharest A1. Along these lines, we are also putting our efforts into aligning to the European trend of using less polluting public transport. Our consideration and appreciation go to CFR Călători, whom we thank for their openness and professionalism. This new transport configuration will bring positive results to both our business partners and to the people living in neighbouring localities interested in a job within the P3 Bucharest A1 community,” Sînziana Pardhan, Managing Director of P3 Romania said.

CFR Călători, says: “We welcome P3’s initiative to implement this new business project. We are pleased to actively contribute to the development of new logistics solutions in the western part of Bucharest, solutions that take into account the latest European concepts regarding labour force mobility. CFR Călători's mission is to ensure the passengers’ mobility, contributing, at the same time, to societal development. In this context, we aim to build for our organization a sustainable position in all segments and geographical areas of the country, so that Romanians can travel to any destination in the country, whether for business or recreational purposes. We are working hard to meet the challenge of keeping up with the needs of the modern world in terms of mobility and the speed with which new technologies evolve, and we will continue to put travel at the centre of our business.”

P3 Bucharest A1 has a total surface of 380,000 square meters, 14 warehouses and a plot of land that allows the development of some additional 100,000 square meters of logistics space. In addition to the railway terminal serving the freight segment, to which the passenger transport facility has been recently added, the park also displays a 400 square metres canteen offering 200 seats that will be open starting November. Moreover, the developer is close to completing the construction works for its accommodations project, thus preparing to add a new feature to the park. The hostel will have the capacity to accommodate 212 people and will be available for employees working within the park.

In the timeframe between the summer of 2019 and the summer of 2020, P3 leased, in Romania, more than 173,000 square meters, of which 77,881 sqm are represented by prolongations and short-term contracts, 95,374 sqm are long-term contracts and over 29,000 sqm are contracts with new customers.




Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.


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