“Element Industrial started a new project in Buftea, ELI Park 3 (18,000 square meters), and is now expecting permits for another 44,000 square meters; by yearend, we should overshoot the 100,000 square meter mark of warehouses developed.”
The next step is national expansion and buying new plots.
“We’ve been looking at rural areas a lot, besides Bucharest, which is the anchor. We are also looking at Bacau, where we are now working on a 24,000 square meter project, at Braila, because we really believe in the Braila-Galati area’s development potential, especially in terms of logistics, where we are working on a 10,000 square meter project.”
(English version by Loredana Fratila-Cristescu)