The company listed on the Tel Aviv Stock Exchange has under development 100,000 sqm of prime logistics space, in strategic locations, and plans to continue its fast-paced growth across Romania.
Villar Group, one of the main real estate developers in Israel, will deliver at the beginning of the next year the first 10,000 sqm logistics unit within the project located in Dragomirești-Vale, km 13, on the A1 Highway, in the close proximity to Bucharest’s ring road where the company acquired a land plot of 160,000 sqm, ideal for Build-to-Suit development opportunities, allowing a total potential for construction of approx. 80,000 sqm of modern warehouse area. The project offers quick access, thanks to its advantageous positioning, the city center and Otopeni Airport.
“In Israel we already have a leading position as developers of logistics and industrial parks. There we own and manage a portfolio of over 500,000 sqm, with an occupancy rate of 99 percent, and we have long standing partnerships with clients such as Geberit, Stanley, Cosentino, Mania Jeans etc. For us, Romania is a growing market, with a lot of potential to accommodate future-proofed logistics hubs, positioned in strategic infrastructure regions. That is precisely why we chose the location near Bucharest, with the best access to the future city’s ring road A0, and connections to the main highways A1, A3 and the National Road DN 1 for our next logistics project. Villar Group’s logistics projects in Romania will benefit from state-of-the-art facilities, which will allow our tenants efficient operations, in a highly technological and sustainable environment. In addition to Bucharest, we are also looking carefully into cities such as Ploiești and Satu Mare to accommodate our future logistic projects, considering that this real estate segment is constantly flourishing,” says Matan Tisser, Villar Group’s CEO.
As part of the company’s commitment to sustainability, and the generation of electricity from renewable sources, Villar Group will install electric vehicle charging stations and LED lighting, including in the outdoor areas. Moreover, the company is planning to provide photovoltaic panel installation, dimensioned as per their consumption needs. The new logistics project is already under evaluation for obtaining a green building certification.
Villar Group previously developed another logistics project near Bucharest, in Popești-Leordeni comprising 16,000 sqm, that will be extended starting next year with a new addition of 15,000 sqm.
