The first stage of the LOG.IQ Bucharest project is set to be completed in the first quarter of 2016. The second and third stages, that will increase the leasable area by 100,000 sqm.
The project is developed on a land totaling 280,000 sqm, a location that offers direct access to highways A1, A2 and A3 access via Bucharest’s ring-road. The logistical park is also located near the Henri Coanda international airport and just 15 km north of the city center.
The location’s infrastructure is finalized and connected to utilities and also has railway access.
Immofinanz is one of the largest real estate investors on the Romanian market and has completed and ongoing investments in retail, logistical and office properties.
It operates in Austria, Germany, Czech Republic, Slovakia, Hungary, Romania, Poland and Russia.