The land deal was assisted by real estate consulting firm Cushman & Wakefield Echinox.
The purchased property is located at just a few kilometers from the Bucharest ring road, in close proximity to the future A0 motorway. This area has become in recent years one of the most attractive points for logistical and industrial developments due to its quality road infrastructure and excellent connectivity with the main national and international routes.
”The southern area of Bucharest represents an extraordinary opportunity for players interested in investing in modern logistics and industrial spaces. Its strategic location near the future A0 motorway and national roads creates the conditions for this region to transform into a new industrial development hub. We are glad that we facilitated the entry of a new player on the Romanian industrial market, and at the same time that we manage together to develop new areas and offer a greater diversity to potential tenants,” said Andrei Brînzea, Business Development Land & Industrial Cushman & Wakefield Echinox.
“The development of sustainable logistics facilities in Romania has remarkable potential as more and more companies are seeking environmentally friendly, self-sufficient and cost-efficient solutions. At Lion’s Head, we recognize the opportunity the market offers and with this acquisition we begin the diversification of our portfolio in Romania,” stated Alina Necula, Country Manager Romania Lion’s Head Investments.
The industrial and logistics market in Bucharest continues to experience rapid growth. By the end of 2024, the total stock of industrial and logistics spaces in the Bucharest-Ilfov area exceeded 2 million square meters, with an occupancy rate of over 95%. The growth of domestic consumption and the development of e- commerce have fueled the demand for modern logistics facilities, making Bucharest an attractive destination for both international and local companies.
Lion’s Head is the owner and manager of quality and sustainable income producing commercial properties in Central and Eastern Europe, current portfolio including real estate actives in Bulgaria and Romania. The company focuses on prime offices with international blue-chip tenants, backed by AG Capital and Old Mutual Property.
In Romania, Lion’s Head is the owner and manager of Oregon Park, a class A office complex, composed of three 7-storey buildings, offering over 70,000 sq m of office space. By committing to sustainability and excellence, Oregon Park managed to attract multiple high-profile tenants, including Fortune 500 companies and won the prestigious SEE Real Estate award “Best Office Project 2019.”
In 2024, International Finance Corporation (IFC), part of the World Bank Group, granted a EUR150 million investment with sustainability-linked features to Lion’s Head Investments, to support the latter’s logistics developments in Romania and Bulgaria. Lion’s Head owns and manages a series of retail properties in Central and Eastern Europe. In Romania, Lion’s Head owns the Oregon Park office project in Bucharest.