Paste Baneasa has signed a leased on 5,000 sqm at Eli Park 1. The first stage of the scheme by Element Development is scheduled to be completed in the third quarter of this year and will offer 20,000 sqm. Eli Park 1 will offer 45,000 sqm of leasable storage and office space. The developer is investing €25m in the project, which is going up 4 km from Bucharest’s ring road in the Chitila-Buftea area.