P3 leased 35.800 sqm of space in Q1

3 June 2021

P3 Logistic Parks leased out in Romania, in the first quarter of the year, over 35,800 sqm of logistics and office space. Out of the total number of leased square metres, more than 36 percent are represented by new leases, and approximately 63 percent are extensions of existing contracts.

”We have concluded the first months of the year in a positive note and I am happy to see that not only our client retention rate is 100 percent, but also that our efforts to implement new facilities in the park have been very well received by our tenants. These are good results and make us feel confident and encourage us to continue on this path of further consolidating and differentiating our existing assets by adding new services and integrating more sustainable elements that will lead to an improved working experience for all our tenants and their employees”, said Sînziana Pardhan, Managing Director P3 Romania.

The developer is pushing hard to accelerate its contribution to the decarbonization of the industrial-logistics sector by promoting and integrating sustainable elements within its locations, aligning to global trends and directives, and constantly investing in consolidating its services and modernizing existing spaces: 90 percent of P3’s local portfolio is already equipped with lighting technology LED, and a series of projects are currently being implemented to streamline the consumption of water and gas inside the buildings.

Moreover, P3 Romania recently inaugurated within its park at km 13, A1 motorway, the first two fast-charge charging stations for electric vehicles, with a simultaneous charging capacity of up to four cars. The project is available to the general public and can be extended and adapted according to the requirements and needs of P3’s tenants.

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