The first stage of the project, of 10,000 square meters, has got the building permit and works are due to start this summer at the latest.
According to ELI Parks officials, the total construction value amounts to EUR22 million, with the new logistic park set to accommodate tenants both from the manufacturing and the logistics areas.
The company has recently announced it would continue works to expand the hub of Buftea Chitila and the proximity of the future Bucharest ring road with two new logistic parks, ELI Park 4 and ELI Park 3.3, with a total 42,000-sqm area.
ELI Parks class A logistic and industrial park network is developed in partnership with Element group, founded by Ionut Dumitrescu, and D Craig Real Estate, the real estate arm of investment fund D Craig Holding, controlled by Sacha Dragic, Superbet founder.
(English version by Catalina Apostoiu)