ARTICLES LABELLED WITH TAG Element Industrial

News Element Industrial gets loan for project near Bucharest
25
Jul
2022

Element Industrial gets loan for project near Bucharest

by Property Forum
Romanian developer Element Industrial has secured a loan of €23 million from Alpha Bank Romania for the construction of the first two phases of the ELI Park 3 project, part of the ELI Park Bucharest North West hub. 
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News Element Industrial starts second phase of Bucharest project
27
Apr
2022

Element Industrial starts second phase of Bucharest project

by Property Forum
Romanian developer Element Industrial will invest €20 million in the expansion of ELI Park 3 by 30,000 sqm, with Ferro Romania, a retailer of sanitary installation equipment, pre-leasing 16,000 sqm in the project.
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News Industrial joint venture worth €90 million launches in Romania
22
Oct
2021

Industrial joint venture worth €90 million launches in Romania

by Property Forum
Element Industrial Founder Ionuț Dumitrescu and Sacha Dragic, the Founder of Superbet Group, have launched a new joint venture in the industrial and logistics sector. The development company will be formed through the association of ELI and D Craig Real Estate, the property division of D Craig Holding, controlled by Sacha Dragic. Anca Damour has been named CEO of D Craig Real Estate. 
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News Element Industrial invests over €25 million in Brăila
13
Sep
2021

Element Industrial invests over €25 million in Brăila

by Property Forum
Romanian developer Element Industrial will invest over €25 million in the development of ELI Park Brăila, a new logistics park that will have a gross leasable area of 50,000 sqm. 
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News Fortress buys 50,000 sqm industrial park near Bucharest
06
Sep
2021

Fortress buys 50,000 sqm industrial park near Bucharest

by Property Forum
Property investment trust Fortress, based in South Africa, has reached an agreement to purchase ELI Park 1, an industrial project in Buftea-Chitila, near Bucharest, for an undisclosed sum. The sellers of the 50,000 sqm project are Element Industrial and Pavăl Holding.
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News Element Industrial appoints Andrei Jerca as MD
17
Mar
2021

Element Industrial appoints Andrei Jerca as MD

by Property Forum
Element Industrial announces the appointment of Andrei Jerca as Managing Director of the company. Prior to this position, Jerca was Head of Industrial Services within CBRE Romania.
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News Fortress REIT buys first logistics asset in Romania
14
Mar
2021

Fortress REIT buys first logistics asset in Romania

by Property Forum
Fortress REIT, one of the largest developers in South Africa and the majority shareholder of NEPI Rockcastle, buys with €30 million the warehouses built by the owners Dedeman and Ionuț Dumitrescu in Chitila, according to Economica.net.
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News Former CEO of Element Industrial joins CBRE Romania
01
Feb
2021

Former CEO of Element Industrial joins CBRE Romania

by Property Forum
Muler Onofrei, the former CEO of Element Industrial, joins CBRE Romania in the position of Business Development Director. Muler will focus on the industrial sector, where he has gained extensive experience, previously working for international investors such as ProLogis and Panattoni and laying the foundations of local developer Element Industrial.
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News Dedeman owners buy majority stake in Eli Park Craiova
29
Jan
2021

Dedeman owners buy majority stake in Eli Park Craiova

by Property Forum
Brothers Adrian and Dragoș Pavăl, the owners of the retailer Dedeman, took over 70% of the company through which the businessman Ionuț Dumitrescu develops a logistics park in Craiova under the Eli Parks brand, Profit.ro informs.   
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News Element Industrial invests  €37 million in logistics near Bucharest
27
Jan
2021

Element Industrial invests €37 million in logistics near Bucharest

by Property Forum
Element Industrial, owned by businessman Ionuţ Dumitrescu, announces the start of a new project in Buftea Chitila area, near Bucharest. .
Read more >

Latest news


New leases

  • The Access Group, the UK provider of business management software, has leased 4,200 sqm of office space in Iulius Town Timișoara. More than 400 specialists work in the Global Operation Center based in United Business Center 0, and the company plans to double the number of tech specialists by the end of this year.
  • Centrumrowerowe.pl is opening a stationary shop in Warsaw. The shop will be located in the CH Okęcie Park and will be launched on 1 April. It is to have as much as 2,700 sqm of floor space.
  • Intive global tech company has let 62 workstations in the flexible Myhive office in Myhive Crown Tower (Warsaw), belonging to CPI Property Group. Savills and Workthere assisted with the transaction.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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