The new logistics facility will include a warehouse of 41,800 sqm and an office space of 1,000 sqm on the mezzanine. The project is due for completion this summer.
“The new 42,800 m2 building is to be developed to respond to the live requirements of current customers that are planning to expand their businesses in Bucharest. The remaining space will be available for lease to potential clients. Since its purchase of the park at the beginning of 2015, P3 has commenced construction of 47,100 m2 in two units as part of a deal to deliver a new logistics hub for Carrefour,” the company said in a statement.
The company P3 Logistic Parks has eight warehouses in Romania, covering 270,000 sqm. Early 2015, the company bought from Immobilien Anlagen AG the Europolis Logistic Park in Bucharest (currently known as P3 Bucharest), the largest in Romania, located at the entry point on the Bucharest – Pitesti highway. The company plans to extend the park, therefore, it will have nearly 90,000 sqm under construction in spring and, upon completion, the three new buildings will expand its overall portfolio of logistics spaces in Romania to nearly 305,000 sqm.