The American group Corteva Agriscience is expanding its warehouse near Bucharest by 65 percent through a lease agreement with real estate developer Lazăr Real Estate, owned by businessman Ion Lazăr.
The real estate developer Lazăr Real Estate is now expanding the approximately 23,000 sqm warehouse built in 2021 for Corteva Agriscience in the Ilfov town of Şindrilița near Bucharest on a 6.3 hectare plot of land.
“Our tenant is expanding to approximately 38,000 sqm from 23,024 sqm. We gave them another section of 8,625 sqm in November and in March-April we will give them another 6,200 sqm. Lazăr Real Estate’s investment in this project is EUR 26 million,” declared Ion Lazăr.
Source: Profit.ro
