The developer Element Industrial announces the inauguration of the first phase of the logistics project ELI Park 3, in the Buftea-Chitila area. The new distribution center, with an area of 18,500 sqm, is 90 percent leased to tenants in the e-commerce, production and retail business to business industries.
“A few years ago we developed a different strategy from most logistics players. We debated what the future will look like – where and what type will be the next logistical needs in the Bucharest area. The data showed that the potential is related to the Northwest, but not anyway: personalization in growing industries – from e-commerce to retail. These have extremely specific needs in terms of space, services or availability of labor. We are convinced that the hub in the Buftea-Chitila area is the basis of the new pole on the logistics map of the Bucharest metropolitan area. Moreover, its dynamics will increase exponentially, with the completion of the A0 – the new belt of the Capital “, explains Andrei Jerca, managing director, Element Industrial.
